Foreign Affairs

Ukraine Crisis

Ukraine Crisis: Over 600,000 war refugees arrive in Hungary

So far, 601,000 people fleeing the war in Ukraine have arrived in Hungary, the prime minister's chief advisor for internal...

Ukraine Crisis

Half a Million Ukrainian Refugees in Hungary

Some 542,000 people fleeing the war in Ukraine had arrived in Hungary as of March 30, according to the prime...

EU

Justice Minister: Conditionality mechanism letter not delivered

Hungary has not received official notification of the launch of the conditionality mechanism, Minister of Justice Judit Varga said in...

Ukraine Crisis

Ukraine Crisis: War reduces number of imported eggs

The war in Ukraine has cut the number of imported eggs in Hungarian shops, but local farmers are prepared to...

EU

EU deducts EUR 30 mln from Poland’s funds to cover unpaid fines

The European Commission has deducted tens of millions of euros from Poland's EU funds in order to cover fines Warsaw...

World

Hungarian Gripens scrambled because of bomb threats on Serbian plan

Hungarian Gripen fighter jets were scrambled by NATO's Combined Air Operations Center on Friday afternoon because of bomb threats on...

Int'l Relations

Hungary’s future is in EU, NATO, Orbán says

Prime Minister Viktor Orban said the government holds true to the concept of the nation-state and sees Hungary's future in...

Int'l Relations

Orbán proposes ceasefire to Putin

Prime Minister Viktor Orbán said he proposed an immediate ceasefire in the war in Ukraine to Russian President Vladimir Putin...

EU

EC advances infringement procedure over building materials reporting

The European Commission on Wednesday stepped up an infringement procedure against Hungary over a measure requiring reporting of building material...

Int'l Relations

Hungary to launch EUR 30 mln economic development program in BiH

Minister of Foreign Affairs and Trade Péter Szijjártó announced the launch of an economic development program in Bosnia and Herzegovina...

EU

EC to go ahead with rule-of-law proceedings against Hungary

The European Commission (EC) will go ahead with the proceedings to suspend support payments to Hungary for breaching the EU's...

World

EIB to lend Moldova EUR 150 mln for roads overhaul

The European Investment Bank said on Friday it is providing a EUR 150 million loan to Moldova for investment in...

Ukraine Crisis

Businesses Stepping up for Ukrainian Refugees

Businesses across Hungary and the region are stepping up their efforts to aid and assist Ukrainian refugees displaced by Russia’s...

Int'l Relations

Hungary ‘Should be Proud’ of Contribution to Global Road Safety

In the week this issue of the Budapest Business Journal went to print, the Hungarian capital was playing host to...

Ukraine Crisis

MOL weighs crude supply contingencies

Hungary's MOL is "working on a number of scenarios" regarding the supply of its refineries in Hungary and Slovakia in...

Int'l Relations

Russia Expels Hungarian Diplomats in Retaliatory Move

Russia’s Foreign Ministry announced Thursday that it was expelling Hungarian diplomats in retaliation for Hungary’s recent expulsion of 10 Russian...

EU

EU Grants Hungary 1‑year Exemption from Gas Market Rule

The EC approved Hungary's request for a temporary exemption from an EU gas‑market regulation at the Serbian border, allowing the...

Hungary Signals Interest in Hosting 2036 Olympics

The Int'l Olympic Committee confirmed that Hungary is among seven countries engaged in ongoing dialogue and has formally expressed interest...

Russia Expels Hungarian Diplomats in Retaliatory Move

Russia’s Foreign Ministry announced Thursday that it was expelling Hungarian diplomats in retaliation for Hungary’s recent expulsion of 10 Russian...

Hungary’s EPPO Accession Advances With Budapest Talks

European Chief Prosecutor Laura Codruța Kövesi held talks with Hungarian officials in Budapest on the details of Hungary’s accession to...

EU Grants Hungary 1‑year Exemption from Gas Market Rule

The EC approved Hungary's request for a temporary exemption from an EU gas‑market regulation at the Serbian border, allowing the...

Magyar Invites Pope Leo XIV to Hungary After Vatican Talks

Prime Minister Péter Magyar invited Pope Leo XIV to visit Hungary during a private audience at the Vatican on Sept....

EU Project Pre-Financing Pushes August Budget Deficit to HUF 2.31 tln

Hungary’s cash flow-based general government deficit reached HUF 2.31 tln in August, driven overwhelmingly by pre-financing for projects supported by...

All Hungarian University Students to Regain Erasmus Access by October, Official Says

Hungarian university students will have the opportunity to participate in the Erasmus mobility program by October, with some able to...

ÁKK: Euro Adoption May Cut Hungary’s Debt Costs by 50%

The Government Debt Management Agency (ÁKK) says Hungary could reduce its financing costs after adopting the euro, lowering annual interest...

Hungarian Teen Detained Over Alleged Terrorist Threats After FBI Tip

Hungarian police have detained a 16-year-old boy in Győr on suspicion of making terrorist threats after the FBI alerted authorities...

Russia Pledges Response to Hungary’s Expulsion of 10 Diplomats

Russia will respond to Hungary’s decision to expel 10 Russian diplomats, Foreign Mininstry spokesperson Maria Zakharova said Tuesday, adding that...

Hungary to Formalize Gift of Lipizzaner Horses to King Charles III

Hungary will formally gift two Lipizzaner horses to the UK's King Charles III, resolving an ownership issue after the animals...

40 Hungarian Tourists Safe After Wildfire Evacuation on Croatia’s Brač Island

A group of 40 Hungarian tourists evacuated from Milna on Croatia’s Brač island due to wildfires are safe, Hungary’s Foreign...

Magyar Says No Progress Yet in Hungary-Slovakia Dispute Over Beneš Decrees

PM Péter Magyar said Thursday that no progress had yet been made on disputed issues between Hungary and Slovakia, including...

CJEU Rejects Hungary’s Bid to Halt Russian Asset Revenue Transfers to Ukraine

The CJEU has thrown out an appeal by the previous Hungarian government against an EC decision to send aid to...

EU Customs Changes Reshape Hungarian Online Shopping, PwC Finds

Hungarian online shoppers are planning purchases more carefully rather than abandoning international platforms following July’s customs changes, according to PwC...