Hungary’s opposition politics are entering a decisive new phase and Péter Magyar, the fast-rising leader of the Tisza Party, is making it clear he wants this year’s parliamentary election to become a straight fight against Prime Minister Viktor Orbán. In a pointed appeal to rival anti-government forces, Péter Magyar urged smaller opposition parties to step […]
Europe stands at a critical juncture. With geopolitical tensions rising, technology races accelerating, and global competitors surging ahead, the continent can no longer rely on past strengths alone. But, according to McKinsey’s latest analysis, this moment also presents a unique opportunity for renewal if bold action is taken now. Despite ongoing efforts to reform and […]
Hungary has put a date on its next political reckoning. With the president formally calling the parliamentary election for 12 April 2026, Prime Minister Viktor Orbán and his Fidesz party enter a campaign season that looks markedly less comfortable than in years past, one in which a fast-rising challenger, Péter Magyar’s Tisza Party, is turning […]
Prime Minister Viktor Orbán is looking across the Atlantic for a financial lifeline as Hungary heads toward a pivotal 2026 election. After a first bid for U.S. assistance fizzled, Orban revealed that his government has yet to secure the kind of American financial backstop it initially sought, though talks remain underway. Orbán’s overtures to the […]
Hungary’s benchmark BUX stock index surged in 2025, posting one of its strongest annual performances on record. By late December, the BUX had climbed nearly 40% for the year, far outpacing many Western markets and repeatedly breaking all-time highs. The index – which tracks Hungary’s blue-chip companies – even sailed past the symbolic 100,000-point milestone […]
Hungary’s government has announced a bundle of economic and social measures aimed at bolstering household incomes and small businesses just in time for the holidays. The package – unveiled days before Christmas – ranges from extra pension payments and tax breaks to public sector wage boosts. Observers note the timing is no coincidence: with a […]
Fewer than 60,000 people — the richest 0.001% of the global population — now hold three times more wealth than the poorest half of humanity, according to the World Inequality Report 2026. It’s a comparison so extreme it barely seems real: a group small enough to fit inside a single football stadium commands more wealth […]
Hungary’s Prime Minister Viktor Orbán is preparing for another politically charged trip to Moscow, where he is expected to meet Russian President Vladimir Putin on November 28, according to reports citing government sources involved in the visit’s preparations. The news has not yet been officially confirmed by the Hungarian government, which says Orbán’s program will […]
Tens of thousands of Hungarians filled the streets of the capital on Wednesday for rival rallies led by Prime Minister Viktor Orbán and his chief challenger, Péter Magyar, in what observers see as the first major test of strength ahead of next year’s general election. The duelling demonstrations were held on October 23, a national […]
Hungary has signed its longest-ever liquefied natural gas (LNG) supply agreement, striking a ten-year deal with French energy company ENGIE, even as Prime Minister Viktor Orbán refuses to heed U.S. calls to cut Russian energy imports. Foreign Minister Péter Szijjártó announced in Budapest that state-owned utility MVM CEEnergy will purchase 400 million cubic metres of […]
Hungary is under pressure from both the U.S. and the European Union to cease importing Russian fossil fuels, with Budapest contending that alternative energy sources are insufficient to replace its pipeline supplies. The push for Hungary to reduce its reliance on Russian energy is complicated by the country's close relationship with Russia and its reliance […]
The United States has restored full access for Hungarian citizens to its visa-waiver program, rolling back limits introduced under the Biden administration. From September 30, Hungarians will once again be able to apply for Electronic System for Travel Authorization (ESTA) visas valid for two years and multiple entries, US Homeland Security Secretary Kristi Noem announced […]
Hungarian Prime Minister Viktor Orbán condemned the violation of Polish airspace allegedly by Russian drones, calling the incident “unacceptable” and expressing full solidarity with Warsaw. “Hungary stands in full solidarity with Poland with regard to the drone incident that took place last night,” Orbán wrote on his Facebook page Wednesday morning, adding that the event […]
Hungary announced sanctions against a Ukrainian military officer accused of targeting the country’s vital oil supply, escalating tensions between Budapest and Kyiv over Russian energy. Foreign Minister Péter Szijjártó declared that the government would bar Robert Brovdi, a Hungarian-born commander in Ukraine’s armed forces, from entering both Hungary and the Schengen area. Brovdi, widely known […]
Hungary has reiterated its willingness to host potential peace negotiations between Russia and Ukraine, with Foreign Minister Péter Szijjártó confirming the offer remains open. Speaking in a podcast, Szijjártó said Budapest would provide “fair and safe conditions” if called upon, stressing that Hungary would be pleased to contribute to international peace efforts. The prospect of […]
