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ukraine

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Hungary Pledges to Approve Sweden's NATO Bid in February Amid Diplomatic Tensions

D&T
Feb 23, 2024

Hungary, the final NATO member yet to endorse Sweden's entry into the world’s largest military alliance, has signaled readiness to greenlight the Nordic nation's bid this month. Prime Minister Viktor Orbán, in a state-of-the-nation address in Budapest, hinted at a resolution to the standoff, marking a potential end to months of diplomatic deadlock. "Our disagreements […]

Hungary  signals it may support EU aid package for Ukraine

D&T
Jan 12, 2024

After wielding its veto power at an EU summit in December to stop the proposed €50-billion fund for Ukraine, known as the Ukraine Facility, Hungary suspended a vital life-line for the war-torn country. As the EU searches for ways to revive negotiations on the package, Hungary signaled it may throw its support behind the initiative […]

EU unblocks frozen funds for Hungary amidst diplomatic tensions

D&T
Dec 15, 2023

In a last-minute move, the European Commission has unfrozen €10.2 billion in EU cohesion funds allocated for Hungary just a day before European leaders convene to discuss new aid to Ukraine and the commencement of accession negotiations for Kyiv. Ukraine’s acceptance into the bloc is a matter vehemently opposed by Hungarian Prime Minister Viktor Orbán. […]

Hungary's Orbán throws wrench in EU-Ukraine accession talks

D&T
Dec 8, 2023

Hungarian Prime Minister Viktor Orbán vehemently opposed the inclusion of Ukraine's accession talks in the upcoming European Council summit on December 14-15, potentially derailing a decision that could shape Ukraine's European future. Orbán's objections introduce an element of uncertainty to Ukraine's aspirations and the broader dynamics of EU decision-making. Hungarian premier Viktor Orbán took to […]

Hungary Signals Potential Veto on Ukraine’s EU Membership Talks

D&T
Nov 17, 2023

Hungary's Prime Minister, Viktor Orbán, has raised concerns over Ukraine's readiness to join the European Union, hinting at a possible roadblock for the country's EU membership talks. This comes just two days after Brussels recommended the initiation of membership discussions, setting the stage for a potential clash at the upcoming EU leaders' meeting in mid-December. […]

EU Considers Unlocking Billions for Hungary amid Broader Negotiations

D&T
Oct 6, 2023

In a strategic move to secure Hungary's support for increased financial assistance to Ukraine and the initiation of membership talks for Kyiv, the European Union is contemplating the release of frozen funds worth billions of euros, sources within the EU have revealed. The European Commission is currently preparing to unfreeze substantial EU funds allocated to […]

Hungary imposes temporary ban on Ukrainian agricultural products

D&T
Apr 21, 2023

Hungary’s government announced a ban on the import of grain, oilseeds, and several other products from Ukraine and later expanded the list of banned items, citing market pressures on Hungarian farmers. Budapest called for "progressive" aid from the EU to help move Ukrainian grain through central European countries where farmers are competing with cheaper imports. […]

Less Corn Could Arrive in Hungary in 2023

D&T
Dec 31, 2022

As Ukraine expects to have a smaller harvest next year than this year, Hungary will probably be able to import less from its northeastern neighbor. Ukraine's corn harvest could fall by almost half, from 41.9 million tons in 2021 to 22-23 million tons in 2022. The Russian invasion prevented the harvesting of grain in some […]

Budapest City Council Donates Buses to Ukraine

D&T
Dec 19, 2022

The Budapest municipal transport company BKV donated to Ukraine buses that were taken off the roads of the Hungarian capital but can still be used, the state news agency MTI reports. 15 vehicles – five solo Volvos and ten articulated Ikarus models – were handed over on Monday by Gergely Karácsony, Mayor of Budapest, and […]

56% of Hungarians Support EU Measures Regarding Ukraine

D&T
Dec 14, 2022

Democracy remains the most important value EU citizens want Parliament to stand up for. 72% of respondents (78% in Hungary) believe their country has benefited from being an EU member, according to a new Eurobarometer survey. Democracy, human rights and free speech are paramount to EU citizens as they call on the European Parliament to […]

OTP Group Supports its Ukrainian Bank

D&T
Mar 18, 2022

"OTP Group is supporting Ukraine using all means available to us. We are working under wartime conditions to keep the country's financial infrastructure, and thereby the economy as a whole, operational," the Group said in a statement this Friday. In addition to maintaining the operations of the Group's subsidiary in Ukraine, "we are contributing to […]

Hungary in Delicate Situation as Russia Launches Invasion of Ukraine

D&T
Feb 25, 2022

The government of Prime Minister Viktor Orbán, Russian President Vladimir Putin’s closest ally in the European Union, is performing a delicate balancing act as Russian begins its invasion of Ukraine. While the government condemned the Russian military action and backed the sanctions proposed by the EU, Orbán made it clear that Hungary will stay out […]

Hungary sees limited room to help Ukraine in conflict with Russia

D&T
Jan 28, 2022

As the world watches with growing concern the escalation of the Russia-Ukraine crisis, a number of countries have come forth supporting Ukraine with material donations or offers of cyber support and training. Hungary’s Foreign Minister called for a diplomatic solution and noted that Ukraine’s minority policies leave little room for Hungary to help its neighbor. […]

HUN-UA Gas Transmission System Test Period Prolonged

D&T
Jan 25, 2022

As a result of continuous negotiations between FGSZ Ltd., the the owner and operator of the Hungarian high-pressure natural gas pipeline system, and its Ukrainian partner, Gas TSO of Ukraine, the test period of Q1 2022 - according to which firm gas transmission capacities have been created in the HU>UA direction from January – has […]

Ukraine to Import Gas from the EU through Hungary

D&T
Dec 22, 2021

Hungary has reached an agreement with Ukraine to supply natural gas to its northeastern neighbor with guaranteed capacity from January 1 next year, Serhiy Makokhon, CEO of the Ukrainian Gas Transmission System (HTS) has announced. The Ukrainian side signed a cooperation agreement with the Hungarian gas transport company FGSZ on the guaranteed supply capacity. Under […]

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