Foreign Affairs

EU

EIB Group invests EUR 891 mln in Hungary in 2021

The European Investment Bank (EIB) and group member the European Investment Fund (EIF) invested a record EUR 891 million in...

Int'l Relations

V4 rift over Russian Sanctions leaves meeting canceled

An upcoming Visegrád 4 meeting between the four countries' defense ministers has been canceled, after the Polish and Czech ministers...

Ukraine Crisis

Ukraine Crisis: Over 530,000 war refugees arrive in Hungary

Government spokesperson Alexandra Szentkirályi on Monday said 530,587 people fleeing the war in Ukraine have arrived in Hungary, so far,...

EU

EP approves EUR 150 mln macro-financial assistance for Moldova

The European Parliament said on Thursday it will provide EUR 150 million in macro-financial aid to Moldova to help it...

World

Poland removes final COVID restrictions

Poland will remove its last remaining coronavirus restrictions on March 28, health minister Adam Niedzielski has announced, according to a...

Ukraine Crisis

Ukraine Crisis: Hungary gets EUR 300 mln EU funding for refugee assistance

Hungary is getting EUR 300 million in additional European Union funding in support for its efforts to assist the refugees...

Ukraine Crisis

Zelenskyy calls on Orbán to take tougher stance against Russia

President of Ukraine Volodymyr Zelenskyy called on Hungarian Prime Minister Viktor Orbán to impose economic sanctions on Russia and allow...

Ukraine Crisis

Ukraine Crisis: NATO to establish multinational battlegroup in Hungary

Minister of Foreign Affairs and Trade Péter Szijjártó said NATO leaders had decided to establish multinational battlegroups on the alliance's...

World

Bulgaria’s minimum wage to rise from April

The minimum wage in Bulgaria will be BGN 710 (363 EUR) from April 1, 2022, as the measure was approved...

Ukraine Crisis

Ukraine Crisis: MNB points to ‘strong’ influence of war on economic activity

The National Bank of Hungary (MNB) acknowledged the country's "dynamic" economic growth early in the year, following a record expansion...

EU

Orbán presses EC for ‘immediate’ access to EU funds

Prime Minister Viktor Orbán has asked the European Commission to give Hungary access to European Union funding it is due...

Ukraine Crisis

Ukraine Crisis: Most Hungarian companies expect war to impact business

Around three-fourths of Hungarian companies expect the war in Ukraine to affect business negatively, state news wire MTI reports citing...

Ukraine Crisis

Ukraine Crisis: Hungary to send additional medical supplies to Ukraine

Hungary will soon send a new shipment of medical supplies to Ukraine, government spokesperson Alexandra Szentkirályi said in a video...

EU

EC approves Czech compensation scheme for high energy prices

The European Commission has approved a EUR 1.4 billion Czech scheme to partially compensate energy-intensive companies for higher electricity prices,...

Ukraine Crisis

Ukraine Crisis: OTP mulls ‘possible withdrawal’ from Russian market

OTP Bank, Hungary's biggest commercial lender, said it is weighing a possible withdrawal from the Russian market, according to a...

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...