Hungary Promises LNG flows to Ukraine from Krk Gas Terminal
Hungary has floated the idea of a tripartite agreement to supply Ukraine with natural gas flows through Hungary via liquefied natural...
Hungary
Hungarian Government Opposes Single EU Carbon Price Tax
The Hungarian government is opposed to the introduction of a single EU carbon price and extension of the EU's Emissions Trading...
Central Europeans Share Mixed Feelings Towards the Euro
Two countries in Central & Eastern Europe (CEE), Bulgaria and Croatia, are on track to introduce the European common currency. In...
Hungary’s Record-breaking State Aid to Battery Factory Approved
The European Commission has recently approved a EUR 90 million subsidy offered by the Hungarian government to South Korea's SK Innovations...
EC Justice Commissioner: Hungary’s Recovery Funds Frozen
EC Justice Commissioner: Hungary’s Recovery Funds Frozen July 20, 2021 < 1min read There are systemic problems with the rule of...
Pegasus Scandal Rocks the World and Hungary
A major eavesdropping scandal around the Israeli spy software Pegasus made waves in Hungary. An international investigation of 80 journalists from...
Hungary Threatens to Block EU’s Fit for 55 Climate Package
Hungary’s Minister Heading the Prime Minister’s Office, Gergely Gulyás said that the Hungarian government finds the EU’s Fit for 55 package...
Deadline for Hungary’s Recovery Plan
The European Commission’s deadline on assessing Hungary’s Recovery and Resilience Facility (RRF) plan expires today, July 12. According to Brussels-based Politico...
Hungary’s Recovery Funds Hang in the Balance
Hungary's government faced a barrage of criticism from officials in Strasbourg this week over a law that bans content "promoting homosexuality"...
Will Poland and Hungary See Sustained Inflation?
Inflation may pose a real threat for countries in Central & Eastern Europe (CEE), specifically for Poland and Hungary, which are...
Visegrád Group: Ambitious Hungary at the Helm
Since Viktor Orbán became the prime minister of Hungary, cooperation among the "Visegrád 4" (V4) countries - Hungary, Slovakia, the Czech...
Visegrad Countries Discuss Recovery Plans in Warsaw
Meeting in Warsaw, finance ministers from the "Visegrad 4" (V4) country grouping - Poland, Czechia, Hungary, and Slovakia - discussed post...
Hungary’s PM Confronted by Angry EU leaders Over Anti-LGBTQ+ Bill
In a heated debate on Thursday night, Hungary’s prime minister Viktor Orbán was confronted over recent anti-LGBTQ+ measures by his fellow heads of state and...
First Interest Rate Hike by Hungary’s Central Bank in a Decade
To curb inflation, the Central Bank of Hungary (MNB) on Tuesday raised its base rate by 30 basis points to 0.9%...
Uproar in Hungary Over Anti-LGBT Law
On Tuesday, Hungary's parliament passed a so-called pedophile law, which critics say is actually directed at the LGBT community and also...
Climate Change: Drastic GDP Losses for Hungary, CEE
Global warming will not only wreak havoc on the global economy but could also result in dire economic consequences for Hungary...
Wages Catching up in Visegrád Countries… A Never-Ending Story
Shortly following the monumental changes to their governmental systems and economies, countries in Central & Eastern Europe did see their wages...
Will Hungary’s Automotive Industry Adjust to Future Challenges?
As in most countries in Central & Eastern Europe (CEE), the competitiveness of the Hungarian economy heavily depends on car production....
Hungary: European Parliament Green Policies Too Much
Several European "green" initiatives have provoked resentment in Hungarian government circles. The outrage is mainly due to the European Parliament having...
Hungarian Electricity Company Aims Further Regional Expansion
The net sales of Hungary's MVM Group amounted to HUF 1,835 billion last year, which is EUR 71,8 million higher than...