Foreign Affairs

EU

About 20% of Hungarians faced security problems online in 2019

Last year, approximately 20% of Hungarians aged 16 to 74 reported facing security-related incidents when using the internet for private...

EU

Electricity prices in Budapest among lowest for EU capitals

Household electricity prices in Budapest were the second-lowest among European capitals in January, a report by the Hungarian Energy and...

EU

Share of renewable energy in heating, cooling around EU avg

Renewable energy accounted for 18% of the total energy used for heating and cooling in Hungary, only slightly below the...

EU

Hungary gender pension gap below EU average

In 2018, women in Hungary received a pension that was on average 16% below that of men, meaning that the...

EU

Czech c. bank hikes key interest rate unexpectedly

The Czech National Bank raised its key interest rate unexpectedly on February 6, after holding it unchanged for five policy...

EU

One in seven Romanian employees at poverty risk

The share of employees in the area of poverty risk has decreased by 2.4 percentage points in Romania over the...

EU

Hungary death rate from cancer highest in EU

Hungary recorded the highest age-standardized death rate from cancer among the EU member states in 2016 with 345 deaths per...

Int'l Relations

HIPA: Spreading the Investment Success

Even as it completed yet another record breaking year, the Hungarian Investment Promotion Agency enters a new decade working to...

EU

Price of pork skyrockets

The price of pork has increased significantly in recent months and, according to the supermarket chains speaking to Magyar Nemzet,...

World

EIB won’t finance Mátra power plant conversion to coal

Werner Hoyer, president of the European Investment Bank, does not consider it profitable to invest in natural gas and other...

EU

One in eight Romanians aged under 20 live in another EU country

One in eight Romanians under-20 have already emigrated to form the third-largest group of young movers who changed their residence...

EU

PPI rises 2.4% in December, up 2.1% in 2019

Industrial producer prices as a whole were 2.4% higher in December 2019 than in the same period of the previous...

EU

400,000 Poles in UK without settled status, Polish daily says

About 400,000 Poles living in the United Kingdom have not yet applied for “settled status”, which would allow them to...

Int'l Relations

Hainan Launches Direct Flight Between Budapest and Chongqing

Budapest Airport and Hainan Airlines, the largest civilian-run and majority state-owned air transport company, celebrated the establishment of a direct...

EU

Czech net benefits from EU increase in 2019

The Czech Republic received CZK 68.5 billion (some EUR 2.71 bln) more from the European Union than it sent to...

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...