Foreign Affairs

EU

Gender employment gap slightly above EU average

In 2018, the employment rate for women aged between 20-64 stood at 67% in Hungary, while that of men was...

EU

Poland holds key interest rate

The National Bank of Poland (NBP) held its benchmark reference rate at a record low of 1.5% on Wednesday, in...

EU

Pálinka distillers press for VAT cut

Distillers of pálinka, a fruit distillate that is Hungaryʼs national eau de vie, have urged the government to cut the...

EU

Fraction of Hungarians admit to being paid under the table

About 4% of Hungarians have admitted to carrying out undeclared paid activities in the past 12 months, state news wire...

EU

Czech, Bulgaria, Romania, Latvia lag among EU countries in terms of social protection expenditures

Czech Republic, Bulgaria, Romania and Latvia lag behind most other countries in the European Union in terms of social protection...

Int'l Relations

EIB and EU signs EUR 204 mln infrastructure deals with Bosnia

The European Investment Bank (EIB) and the European Union will support Bosnia and Herzegovina (BiH) with a EUR 204 million...

EU

Environmental protection expenditure below EU average

The ratio of government environmental protection expenditure to GDP stood at 0.4% in Hungary in 2018, well below the EU...

EU

EC sees Hungaryʼs robust growth as opportunity for reform

The European Commission suggested Hungary could better use its robust economic growth to affect structural and institutional changes that would...

EU

Hungarian enterprises lagging behind in social media use

While an increasing number of businesses in the European Union are using social media, only 38% of enterprises in Hungary...

EU

Hungarian annual inflation highest in EU

The annual inflation rate in Hungary was 4.7% in January 2020, which is the highest among European Union member states,...

Int'l Relations

Hungary opens embassy in Bishkek

Hungary has opened its embassy in Bishkek with 11 staff to help strengthen ties, Minister of Foreign Affairs and Trade...

EU

Hungary pushing for annulment of new EU trucking rules

Hungary and eight other European Union member states pressed for the annulment of new rules requiring trucks to return to...

EU

Enterprise birth rate above EU average

The enterprise birth rate in Hungary stood at 12.9% in 2017, well above the European Union average, according to recently...

Visits

Orbán announces climate plan, blasts Soros in address

Prime Minister Viktor Orbán delivered his annual state-of-the-nation address yesterday at the Castle Garden Bazaar, talking about topics such as...

EU

Number of yearly marriages above EU average

The average number of marriages per 1,000 inhabitants stood at 5.2 in Hungary in 2018, somewhat above the EU average...

Int'l Relations

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...

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

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

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...

Int'l Relations

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

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...

Int'l Relations

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...

EU

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...

World

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...

Int'l Relations

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...

Int'l Relations

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...

Int'l Relations

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...

Int'l Relations

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...

EU

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...