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Hungarian government vs. EU

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European Commission President Short Visit to Budapest

D&T
May 9, 2022

"This evening’s discussion with PM Viktor Orban was helpful to clarify issues related to sanctions and energy security," European Commission President Ursula von der Leyen said in a short Twitter post after arriving in Hungary on Monday evening to meet the Hungarian prime minister. "We made progress, but further work is needed. I will convene […]

Rule of Law Mechanism Formally Started Against Hungary

D&T
Apr 27, 2022

The European Commission on Wednesday initiated against Hungary a never-before-used procedure, the rule of law mechanism, that could see the Hungarian government stripped of funding for flouting democratic standards. As the Hungarian state news agency MTI reports, Johannes Hahn, the EU Commissioner for Budget and Administration, was authorized to send a written notification to Hungary […]

BUX Down This Week on Falling Turnover

D&T
Apr 10, 2022

The Budapest Stock Exchange (BSE) share index, the BUX, closed Friday at 42,191.13 points, down 2,843.66 points or 6.31% from last week's close. Weekly turnover on the stock market fell to HUF 115.15 billion from HUF 121.09 billion the previous week, with all leading shares weakening, the state news agency MTI reported this Sunday morning. […]

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