EU

EU

Hungary Submits National Investment Plan in SAFE

Hungary has submitted its national investment plan in the framework of the European Union's Security Action for Europe (SAFE) program,...

EU

EC Augurs Pickup in Hungary GDP Growth

The European Commission expects Hungary's GDP growth to accelerate to 2.3% in 2026, supported by fiscal stimulus, from 0.4% in...

EU

Hungary 2014-2020 EU Funding Absorption Rate 3rd-highest

Hungary absorbed 98.9% of the EUR 22 billion in EU funding available to the country during the 2014-2020 budget period,...

EU

Navracsics: EC’s Draft EU Budget Lacks Clarity

The European Commission's draft multiannual financial framework (MFF) raises concerns due to a lack of clarity, Minister of Public Administration...

EU

EC Approves EUR 264 mln Hungarian State Aid for Sunwoda Plant

The EC said that under EU State aid rules it has approved a EUR 264 mln Hungarian measure to support...

EU

Ag Chamber Head Warns EC Proposals Could ‘Ruin’ Hungary’s Farm Sector

The head of Hungary's National Agricultural Chamber (NAK) said a new package of proposals by the European Commission could "ruin"...

EU

Trade Union: European Commission Drafting Rules on ‘Quality Workplaces’

The Hungarian Trade Union Federation issued a statement on insisting that the gov't was obliged to enact laws and implement...

EU

Commissioner Raises Concern About Hungary Legal Changes

Recent changes to Hungarian law give reason for concern, the European Union's commissioner for justice, democracy, and the rule of...

EU

Official: Member State Impact Studies Needed Regarding 2040 EU Emissions Reduction Target

The EC is the gatekeeper of the EU's 90% emissions reduction target set for 2040, a Hungarian energy official said...

EU

EC Suspends Excessive Deficit Procedure Against Hungary

The European Commission has suspended an excessive deficit procedure (EDP) against Hungary, the National Economy Ministry said on Wednesday, according...

EU

Ministry: EC to Initiate Suspension of Hungary Excessive Deficit Procedure

The European Commission will initiate the suspension of the excessive deficit procedure (EDP) against Hungary, the National Economy Ministry said...

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)...