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. […]
In a potentially groundbreaking move, Hungarian Prime Minister Viktor Orbán has accepted an invitation from Ukrainian President Volodymyr Zelenskyy for a future bilateral meeting. This would mark a significant development in their strained relationship since Russia's invasion of Ukraine in February 2022. Announcing the acceptance during an annual international news conference in Budapest, Orbán revealed […]
Hungary has unexpectedly vetoed a €50 billion EU aid package earmarked for Ukraine, dealing a significant blow to Kyiv's ongoing struggle against Russian aggression. The move follows Hungary's earlier threat to veto accession negotiations with Ukraine. "Summary of the night shift: veto for the extra money to Ukraine," remarked Hungarian Prime Minister Viktor Orbán after […]
Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orbán have underlined their commitment to bilateral relations amidst escalating international tensions stemming from the ongoing conflict in Ukraine. This reaffirmation of ties occurred during their recent encounter at an international forum held in China. Viktor Orbán became the first European Union leader to publicly shake […]
Hungary and its neighbors are mulling to introduce national bans on the import of Ukrainian grain, a move that could have a great impact on European prices. The Central and Easter European countries are in talks as Members of the European Parliament are split over the temporary bans that the European Union has imposed on […]
A top Republican senator is blocking an arms deal between the US and Hungary over the latter’s delay of ratifying Sweden NATO accession. The move is testament to the continuous souring of relations between Washington and Budapest due to Hungary’s stance over the war in Ukraine. Senator James E. Risch, the top Republican on the […]
Pope Francis is scheduled to visit Hungary on a three day trip to demonstrate his commitment to building up a more fraternal society in a Europe wounded by war. Immigration and minority rights will also be on his agenda, issues on which the pontiff and Prime Minister Viktor Orbán have divergent views. The official visit […]
Hungary opened a new front in its ongoing standoff with the European Union when it said it would not support the bloc’s plan for a support package for war-torn Ukraine. Hungary’s move comes as the government of Prime Minister Viktor Orbán is running a popular campaign against EU sanctions on Russia. The European Union this […]
Even though this year is marked by rampant inflation, soaring energy prices and sharply increasing interest rates, the economic situation is set to deteriorate in 2023. According to Economy Minister Mihály Varga, the worst is yet to come for the country’s economy. A recent international survey revealed that a third of European workers see the […]
The digital economy has been a key contributor to the economic development of countries in central and southeastern Europe. As Europe tackles the combined crises triggered by the pandemic and the invasion of Ukraine, digital economy may emerge as the means to mitigate the impacts. The digital economy has historically been a key growth driver […]
Hungary’s Foreign Minister Péter Szijjártó travelled to Moscow to negotiate more gas imports from Russia as Hungary braces for a tumultuous winter heating season. Hungary has been a vocal critic on the European Union’s embargo on Russian energy sources, saying a swift decoupling from Russian energy would undermine the country’s economy. Hungary’s foreign minister arrived […]
The Hungarian government declared an “energy emergency,” citing the war in Ukraine and sanctions on Russia by the European Union as the primary reasons. Under the new system, there will be a ban on the export of fossil fuels and the system of government-imposed cap on household utility prices will be revamped. The government of […]
Hungarian Prime Minister Viktor Orbán was granted a near-total exemption from the European Union’s embargo on Russian oil. Although the premier hails it as a great victory achieved in Brussels, the exemption may only deepen the rift between the bloc and Hungary. EU leaders agreed this week to grant Hungary a near-total exemption from a […]
Hungary is opposing the European Union’s proposal for a gradual ban on Russian oil imports, with Budapest claiming the plan would be equivalent to dropping an A-bomb on the country’s economy. Meanwhile, tensions are on the rise within the bloc as a handful of dissenting member states are holding up action on a new package […]
"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 […]
