A collection of 353 posts
Tens of thousands of protesters rallied against the presidential pardon scandal in Budapest on Friday evening. The catalyst for the protests is what the BBC described as “the biggest threat to (Hungarian) Prime Minister Viktor Orban’s rule since he returned to power in 2010”. Papal visit prompted controversial pardon
Hungarian President Katalin Novak resigned on live TV on Saturday evening, in connection with her controversial pardon issued last year for a man convicted of covering up child sexual abuse. When Pope Francis I visited Hungary last April, Novak gave clemency to the deputy director of a state-run children’s
Hungarian-government-linked telco 4iG and Telecom Egypt will jointly construct an express subsea cable between Albania and Egypt. Telecom Egypt is a major subsea cable operator, and last October signed a Memorandum of Understanding (MOU) with 4iG. The cable will serve as a high-capacity, intercontinental connection linking Africa and Asia to
The expansion plan of the new ammunition plant of Rheinmetall in Varpalota, west Hungary, has been underway since January, the German automotive and arms manufacturer has revealed. The extension will increase the size of the plant by 20 hectares to some 120 hectares and payroll to around 200 employees. The
Hungarian Prime Minister Viktor Orban agreed to a EUR 50bn, 4-year package for Ukraine on Thursday, 1 February, after vowing to block the funds since December. The package is designed to financially keep afloat Ukraine’s hospitals and schools, as well as civil servants’ wages and pensions. Oban was reportedly
Hungarian Prime Minister Viktor Orban has asked his MPs to proceed with Sweden’s ratification as NATO member “at the first possible opportunity” in a climbdown from the delay tactics seen since the Scandinavian country officially asked to join the defence alliance in May 2022. Orban earlier pledged that Hungary
Foreign workers are increasingly replacing Hungarians across various sectors due to structural issues within the country’s economy. Government backing of lower-wage sectors such as auto and battery production, has forced highly skilled Hungarians abroad, and foreign workers are filling the void, local media wrote. Hungarian Prime Minister Viktor Orban’
From Hungary’s economic perspective, last year extended the trends observed in 2022, according to independent Hungarian think-tank Policy Solutions’s annual report. In Central and Eastern Europe, and Hungary in particular, inflation emerged as a paramount economic concern. In Hungary, inflation was of a scale unseen since the 1990s.
Hungary will hold the rotating presidency of the Council of the EU in the second half of 2024, putting Hungarian Prime Minister Viktor Orban in formal charge of the EU’s policy-making process for six months. While certain EU politicians are confident about the bloc’s future but view Hungary’
The European Parliament (EP) chief rule of law negotiator Petri Sarvamaa, MEP, published on Tuesday a petition letter calling to suspend Hungary’s voting rights on the European Council, to President of the European Parliament Roberta Metsola. Since regaining power in 2010, Hungarian Prime Minister Viktor Orban and his Fidesz
Hungarian companies do not excel in the field of innovation, but they take the digital transition seriously, according to new research by K&H bank, which assessed medium and large enterprises in Hungary for three years. Internet use rockets from half Hungary’s workforce to three-quarters Half of Hungary’
The share of renewable sources in gross final energy consumption at the EU level reached 23% in 2022, up 1.1 percentage points (pp) year-on-year, the bloc’s statistics office Eurostat reports. The EU’s revised Renewable Energy Directive has upped the bloc’s 2030 renewable energy target from 32%
The Bulgarian Parliament, with cross-party support, swiftly abolished a special tariff on Russian transit gas this week, after Hungary threatened to veto its Schengen membership bid. Hungarian Foreign Minister Peter Szijjarto said Bulgaria’s decision to impose an additional tax on natural gas transiting through its territory to North Macedonia,
After months of speculation, Hungarian Foreign Minister Peter Szijjarto announced that China’s BYD will build its first electric vehicle (EV) factory in Europe in Szeged, south Hungary. The investment value will reach EUR 5bn, significantly more than the EUR 3bn intended for the construction of China’s CATL’s
EU leaders voted to begin accession negotiations with Ukraine and Moldova, at a historic summit in Brussels on Thursday 14 December. The EU meanwhile designated Georgia – also a former Soviet republic – as a candidate for membership, a significant shift in the EU’s level of engagement with post-Soviet states. President