Foreign Affairs Minister on Ukraine, Paks


As tensions between the sitting government and populace in neighboring Ukraine increase, Foreign Affairs Minister János Martonyi stated this week on Gazdasági Rádió that “the most important goal amid the current situation in Ukraine is to avoid the destabilization of the country, and both sides must handle the political tension with great care.”

Viktor Orbán and his fellow Visegrád Four prime ministers met yesterday in Budapest, ultimately adopting a proclamation on the issue which stated in part that “The Visegrad Group countries, as neighbors of Ukraine, are convinced that the use of force cannot contribute to the resolution of political conflict. A further escalation of the crisis endangers the future of Ukraine and threatens with a complete destabilization of the country. In this regard, we are also concerned about the role played by extremist groups in the events…

“Ukrainian stakeholders [...] should be guided by their historical responsibility to preserve a stable, democratic and unified Ukraine. We call on all sides to stop the spiral of violence immediately. We call upon the authorities to respect the right of Ukrainians to peaceful assembly and to the freedom of expression…”

Gov’t decided on Paks, Russian involvement
In the same interview, Martonyi also stated that his government is going forward with its nuclear energy-emphasizing program, essentially considering prospective Russian investment in the Paks nuclear power plant a done deal. Further, “those who currently criticize [the plan to expand the Paks plant] were also involved in that decision and in fact it was they who initiated it.”

As for its prospective partners in the Paks project, the Russian government-owned Rosatom, “nobody else could really build [new reactors]” but the Russians, since they are able to guarantee full safety and conditions for financing that are acceptable to the country.


Bourse Turnover Reaches HUF 181 bln in November Figures

Bourse Turnover Reaches HUF 181 bln in November

Sport Now 'Strategic Sector' for Hungary - Minister Government

Sport Now 'Strategic Sector' for Hungary - Minister

Production Resumes at Ganz's Szolnok Plant Manufacturing

Production Resumes at Ganz's Szolnok Plant

TikTok Commits to Improved Consumer Communication in Hungary Social

TikTok Commits to Improved Consumer Communication in Hungary


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.