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 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’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 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 […]
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 […]
Prime Minister Viktor Orbán is poised to announce his choice for the next governor of the Hungarian National Bank (MNB) within days, as the tenure of the current chief, György Matolcsy, draws to a close. The selection process, which will also coincide with a cabinet reshuffle, is being closely watched amid economic turbulence and a […]
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 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. […]
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 […]
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 […]
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 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 […]
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 […]
The European Union announced its top officials will boycott informal meetings hosted by Hungary during the country’s EU presidency. This decision follows Hungarian Prime Minister Viktor Orbán's controversial meetings with foreign leaders about Ukraine, which have angered European partners. Some member states, however, are frowning on Brussels’ unprecedented move. The European Commission, the EU's executive […]
Hungary's government has unveiled what it dubs an "anti-war" action plan. The ambitious strategy, announced on Monday, aims to shore up the country's finances through a series of special taxes on banks, energy companies, and multinational firms. Prime Minister Viktor Orbán's administration is no stranger to unconventional economic measures. Once again, they've turned to their […]
