EU - Budapest Business Journal

EU

Gov’t Official: Preserving Independent, 2-pillar Agriculture Policy in Hungary’s Interest

Hungary sees the EC's proposal to cut funding for the Common Agriculture Policy in the coming 7-year budgetary period as...

EU

Police to Introduce New European Border Registration System in October

The European Union is introducing a new border registration system for third-country citizens entering the Schengen area for short journeys,...

EU

CJEU Annuls EC Decision to Approve Paks II Aid

The Court of Justice of the EU (CJEU) annulled a decision by the European Commission to approve aid for an...

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

CJEU Advocate General: Hungary’s Child Protection Law Breaches EU Legal Standards

Tamara Capeta, the Advocate General of the Court of Justice of the EU, published her opinion on Hungary's child protection...

EU

European Commission Puts Hungary 2025 GDP Growth at 0.8%

The European Commission put Hungary's GDP growth at 0.8% for 2025 in a new spring forecast released on Monday, significantly...

EU

Commission Refers Hungary to EU Court for Breaching Rules on Human Smuggling

The European Commission has referred Hungary to the Court of Justice of the European Union for not complying with EU...

EU

Szijjártó: Hungary Does not Support EU Counter-tariffs Against American Products

Hungary does not support EU counter-tariffs against American products, Minister of Foreign Affairs and Trade Péter Szijjártó said after a...

EU

MEP: ‘Hungary to access EU funds if joining European Public Prosecutor’s Office’

"Hungary will have access to EU funds if it joins the European Public Prosecutor's Office," Csaba Molnár, an MEP of...

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...

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...

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...

EU

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...

EU

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...

EU

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...

EU

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...

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

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...

EU

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)...

EU

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...

EU

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...

EU

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...

EU

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...