EU

EU

ECB: Euro Adoption Only Possible After Years of Deep Reforms

ECB President Christine Lagarde said Péter Magyar's election victory, granting him a 2/3 majority, creates an opportunity for Hungary to...

EU

Budapest Mayor Slams Decree Stopping Solidarity Tax Cases, Seeks EU Intervention

Budapest Mayor Gergely Karácsony has accused the gov't of undermining the rule of law after a decree barred the capital...

EU

EU Court Rules Hungary Breached Bloc’s Unity on Cannabis Vote

Hungary violated EU law when it voted against the European Union's joint position on reclassifying cannabis at the United Nations...

EU

Justice Minister: Hungary to Sue CJEU

Hungary has submitted a letter of claim against the Court of Justice of the European Union (CJEU) over the court's...

EU

EC Escalates Action Against Price Cap Policy

The European Commission yesterday issued reasoned opinions to Hungary over mandatory markup caps on a range of food and non-food...

EU

V4 Oppose EU Plan to Cut CAP Subsidies

The chambers of agriculture of the Visegrád Four nations are calling for a complete policy shift from the European Commission,...

EU

Hungary Broke EU Law by Releasing Convicted People Smugglers, Court Rules

Hungary violated EU law by automatically converting prison sentences for convicted people smugglers into “special reintegration detention,” the Court of...

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...

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...

EP Vice President Welcomes Hungary’s Reforms, Says Concerns Remain

European Parliament Vice President Sophie Wilmès welcomed changes under way in Hungary since the April election, describing reforms as encouraging...

Hungary Broke EU Law by Releasing Convicted People Smugglers, Court Rules

Hungary violated EU law by automatically converting prison sentences for convicted people smugglers into “special reintegration detention,” the Court of...

Hungary’s Rule-of-Law Reforms Unlock EUR 4.2 bln in EU Funds

The Council of the European Union has approved a European Commission proposal to end Hungary’s rule-of-law conditionality procedure, making EUR...

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...

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)...