EU

EU

EC congratulates Gyurcsány, calls for convergence program

European Commission President Jose Manuel Barroso congratulated prime minister Ferenc Gyurcsány on his election victory on Monday....

EU

Járai warns against currency instability

The stability of the forint is at serious risk because politicians are so wrapped up in the election campaign that...

EU

Hungary to receive €20 mln refund from EU budget surplus

Hungary is to receive a €20 million refund from the 2005 EU budget surplus, the European Commission announced....

EU

Negotiators reach agreement on EU budget pact

The European Union moved closer to settling a divisive budget dispute after negotiators rejected most demands for more spending, increasing...

EU

EU warns Hungary over tobacco advertising

The European Union on Tuesday sent a letter of formal notice to four member states including Hungary for unsatisfactory compliance...

EU

Járai says big budget changes necessary to introduce euro

Head of the National Bank of Hungary (MNB) Zsigmond Járai told a press conference on Wednesday that “big changes to...

EU

Unemployment rate 7.8% in December-February

The average number of unemployed was 326,500 in the three-month period between December 2005 and February 2006, resulting in an...

EU

Prime Minister urges referendum about Euro

Hungary should hold a national vote on adopting the euro, Prime Minister Ferenc Gyurcsány said in an interview in today's...

EU

Hungarian president asks France to drop work ban

Hungarian President László Sólyom today urged France and other European Union countries to open their labor markets to workers from...

EU

GKI forecasts low inflation, rising earnings

Inflation this year should be low and earnings should be going up, said a survey by economic think tank GKI...

EU

Hungary Joins the European Public Prosecutor’s Office

The European Commission has formally approved Hungary's accession to the European Public Prosecutor's Office (EPPO), making the country the 25th...

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...

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...

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...

Hungary Fully Supports Western Balkans EU Accession, Foreign Minister Says

Hungary is fully committed to the European Union integration of the Western Balkans and will provide experts to assist countries...

Hungary Targets Euro Criteria by 2030 as Government Moves to Cut Deficit

Reducing the budget deficit “inherited” from the former Fidesz-KDNP gov't is an “important step” toward meeting the criteria for adopting...

Hungary’s Revised RRP Shows Stronger Rule-of-law Ambition, EU Commissioner Says

Hungary's new Reconstruction and Recovery Plan "demonstrates a higher level of ambition to protect the EU's financial interests and strengthen...

Hungary Joins the European Public Prosecutor’s Office

The European Commission has formally approved Hungary's accession to the European Public Prosecutor's Office (EPPO), making the country the 25th...

EU Finance Ministers Set to Clear Hungary’s Revised RRF Program

European Union finance ministers are expected to approve Hungary's revised Recovery and Resilience Facility (RRF) plan on Friday, Finance Minister...

EC Refers Hungary to CJEU Over Price Margin Restrictions

The European Commission on Wednesday said it decided to refer Hungary to the Court of Justice of the EU (CJEU)...

Hungarian Gov’t to Take Last Legal Steps Required by EU to Access Funds

After parliamentary sessions on Monday and Tuesday and a cabinet meeting on Wednesday, the second half of the week will...

Hungarian Government to Amend Energy Laws to Access EU funds

The European Commission says it has allocated EUR 552.3 million, more than HUF 190 billion, to Hungary from the Modernization...

Hungary Committed to Euro Adoption, Finance Minister Says

Hungary is committed to adopting the euro and has undertaken to meet the Maastricht criteria by 2030, Finance Minister András...

Hungary Rejects EU Migration Pact in Current Form, Interior Minister Says

Hungary continues to reject the EU’s Migration Pact in its current form and does not plan to submit an implementation...

Hungary Launches HUF 500 bln in EU Energy Tenders

Hungary will open HUF 500 bln in EU‑funded energy tenders this month to support electricity‑grid upgrades and smart‑meter deployment, forming...