Foreign Affairs

World

U.S. development finance institution to support Serbian SMEs

The U.S. International Development Finance Corporation (DFC) plans to introduce a guarantee scheme for the support of Serbian small- and...

World

The Czech capital tightening measures against coronavirus

Prague is set to introduce stricter coronavirus-related restrictions this week, in an effort to contain the spread of the epidemic,...

World

Austrian-owned mobile operator helped block internet in Belarus, report

An Austrian-owned mobile operator has had a hand in restricting internet access in Belarus amid protests against that country’s longtime...

World

COVID-19 infections hit new records in Central Europe

the number of coronavirus pandemic cases reached new records in some countries in Central Europe. Slovakia on Saturday reported a...

World

Montenegro president accepts his party lost election

Montenegro’s President Milo Đukanović says his pro-Western party is ready to go into opposition after three decades in power if...

World

Young Czechs smoke and drink less, spend more time on-line

Young Czechs consume less alcohol and narcotics and they also smoke less than in previous years, the results of a...

World

Poland to spend EUR 6.14 bln for the disabled in 2020, minister says

Poland will spend more than PLN 27 billion (EUR 6.14 billion) on support for people with disabilities this year, up...

Int'l Relations

Brexit, COVID, Friendship and Hungary

The four-year posting of outgoing British Ambassador Iain Lindsay has been bookended by two unrelated events that have had profound...

World

Bulgaria increases unemploment benefits

Bulgariaʼs National Council for Tripartite Cooperation (NCTC) held an extraordinary online meeting, chaired by Deputy Prime Minister for Economic and...

World

Serbiaʼs real net wage up in June

Serbiaʼs average net wage increased by a real 9.6% year-on-year in June, following an 5.6% annual rise in May, data...

EU

Europe must clarify position in global economy, Orbán says in Bled

Prime Minister Viktor Orbán said Europe must clarify its position in the global economy and the related consequences during a...

EU

Share of mobile tertiary students from abroad above EU avg

In 2018, mobile students from abroad who undertook tertiary-level studies in Hungary accounted for slightly more than 11% of all...

World

Polish mega-airport will create 95,000 jobs, deputy minister says

The construction of a new planned mega-airport in central Poland will create 95,000 jobs, Deputy Infrastructure Minister Marcin Horała has...

World

Less sales for over 34% of the companies in Bulgaria

A survey among 1,318 non-financial enterprises in Bulgaria has found that 34.7% reported a fall in revenue from sales of...

World

Romaniaʼs Jan-July budget deficit at 4.7% of GDP

The execution of the general consolidated budget in the first seven months of 2020 has reported a deficit of RON...

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...