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politics

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Hungary’s Economy Shows Signs of Life, but Challenges Persist

D&T
Jan 31, 2025

Hungary’s economy is showing tentative signs of recovery after stagnating through much of 2024, weighed down by sluggish demand from key eurozone trading partners. Yet, the broader outlook remains lackluster. Fresh data released by the country’s statistical office this week revealed that gross domestic product (GDP) grew by 0.5% in the fourth quarter compared to […]

Demographic Shifts Threaten Global Economic Growth

D&T
Jan 24, 2025

A recent report by the McKinsey Global Institute (MGI) highlights a pressing concern: declining fertility rates and aging populations are poised to significantly impede economic growth, particularly in countries like Hungary and various emerging economies. Countries will need to raise fertility rates to avert depopulation—a societal shift without precedent in modern history. Hungary has been […]

US Sanctions Orbán’s Chief of Staff Over Corruption Allegations

D&T
Jan 10, 2025

In a rare move against a NATO ally, the United States has imposed sanctions on Antal Rogán, the chief of staff to Hungarian Prime Minister Viktor Orbán, citing allegations of corruption. The US Department of State announced the decision on Tuesday, marking Rogán as the highest-ranking Hunga The US Treasury Department accused Rogán of orchestrating […]

Hungary Loses EUR 1 Billion in EU Funds Amid Rule of Law Dispute

D&T
Jan 3, 2025

Hungary has permanently lost EUR 1 billion (USD 1.03 billion) in European Union funds due to its failure to address corruption, marking an unprecedented move by EU authorities in Brussels. This decision represents the first enforcement of such measures in the bloc’s history. The European Commission announced Wednesday that Hungary had forfeited EUR 1 billion […]

Hungary Slashes Guest Worker Quota for 2025

D&T
Dec 27, 2024

Hungary’s fiercely anti-immigration government is halving the number of guest worker permits to be issued in 2025. With an aging population and a reliance on labor-heavy industries, experts worry that the country may face a critical labor shortage. "Hungary belongs to Hungarians; it will neither become a guest worker country nor a migrant country," the […]

Hungary's Next Central Bank Chief Commits to Independence

D&T
Dec 20, 2024

Hungary is setting the stage for a leadership change at the helm of its central bank, as Finance Minister Mihály Varga prepares to step into the role of governor for the National Bank of Hungary. At his parliamentary confirmation hearing, Varga struck a reassuring tone, emphasizing his commitment to the central bank’s independence and the […]

Orbán Talks to Putin on Ukraine War after Trump Meeting

D&T
Dec 13, 2024

Fresh from a headline-grabbing rendezvous with US President-elect Donald Trump at Mar-a-Lago, Hungarian Prime Minister Viktor Orbán pivoted straight to a phone call with Vladimir Putin this week to discuss the war in Ukraine. The Hungarian premier is on a self-styled ‘peace mission’ ahead of passing the rotating EU presidency to Poland at the end […]

Hungary Moves to Resolve Erasmus Dispute Amid Broader EU Tensions

D&T
Nov 22, 2024

Hungary is seeking to resolve its dispute with Brussels over the Erasmus+ and Horizon Europe funds, which has left 21 Hungarian universities excluded from these popular programmes. The government has amended a law criticized by Brussels while accusing the bloc of intentionally dragging out negotiations. The conflict over Erasmus began in December 2022, when the […]

Hungarian PM Urges New European Strategy on Ukraine Following U.S. Elections

D&T
Nov 8, 2024

Hungarian Prime Minister Viktor Orbán has called for a revised European strategy on the Ukraine war following the Republican victory in the United States. Speaking at the Turkic Council summit this week, Orbán suggested that with the changing political landscape in Washington, Europe must now reassess its approach to supporting Ukraine, both militarily and financially. […]

Orbán’s Party Loses Ground in Second Poll as Opposition Gains Strength

D&T
Oct 24, 2024

Hungary’s political landscape is shifting as emerging opposition leader Péter Magyar’s Tisza party continues to challenge Prime Minister Viktor Orbán’s ruling Fidesz party. Two opinion polls released this week show Tisza overtaking Fidesz ahead of the 2026 general elections, signaling a potential shake-up in the country’s long-standing political order. For the second time in as […]

Hungary's Orban Clashes with EU Lawmakers Over Migration and Russia

D&T
Oct 11, 2024

Hungarian Prime Minister Viktor Orbán’s recent speech at the European Parliament ignited fierce reactions from EU lawmakers, as his stance on migration and his ties to Russia took center stage. Orbán, speaking as part of Hungary's rotating presidency of the European Council, called for a dramatic shift in how the European Union approaches migration, warning […]

Brussels to Withhold EUR 200 Million Fine from Hungary's EU Funds

D&T
Sep 19, 2024

The European Commission is set to withhold EUR 200 million from Hungary's EU funds, as Budapest continues to defy a fine imposed by the European Court of Justice (ECJ). The fine, related to Hungary's violations of asylum rules, may be deducted directly after Prime Minister Viktor Orbán's government refused to comply. The European Court of […]

Hungary’s Threat to Ship Migrants to Brussels Causes Uproar

D&T
Sep 12, 2024

Hungary’s bold threat to send a convoy of buses packed with migrants to Brussels, a direct protest against European Union policies, has sparked outrage and could lead to swift EU retaliation, the bloc’s executive branch warned this week. Last week, Hungary’s anti-immigrant government said it planned to offer migrants a free, one-way ticket to Brussels […]

Hungary Defends National Card Scheme Amid EU Concerns

D&T
Aug 23, 2024

Budapest has rebuffed the European Union’s concerns insisting that its National Card scheme complies with the bloc’s regulations and adequately addresses security risks. The Hungarian government has responded to Brussels' request for clarification on its relaxed entry requirements for Russian and Belarusian nationals, brushing aside concerns that the policy could jeopardize the security of the […]

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