Hungary

Hungary makes energy crisis plans

The Hungarian government unveiled a number of energy-related measures at the weekend, in response to soaring prices and an impending…

2 years ago

CEE foreign ministers convene for energy, security talks

Austrian Foreign Minister Alexander Schallenberg said it is extremely important that the EU provide support to Africa, when he and…

2 years ago

Hungary declares energy emergency

The Hungarian government declared a state of emergency and ditched its flagship policy of subsidising domestic utility bills on Wednesday,…

2 years ago

Hungary falls out with EU, US over its opposition to minimum global tax rate

The Hungarian government said on Monday that it will pass a parliamentary resolution condemning EU criticism of its refusal to…

2 years ago

Hungary leads EU for solar electricity generation

Hungary had the highest proportion of solar technology in its electricity production in the EU last year, according to the…

2 years ago

Croatia agrees to expand oil capacity to CEE

Croatia is ready to enlarge the capacity of the Adria oil pipeline as part of a long-term energy cooperation agreement…

2 years ago

Hungary to levy windfall taxes on banking, energy, telcos, airlines, retail, pharma, ads

Hungarian Prime Minister Viktor Orban announced that banks, insurance companies, retail chains, energy firms, telcos and airlines in Hungary will…

2 years ago

Slovakia to tax Russian-processed oil

The Slovak government approved a proposal to impose an extra import tax on Russian-processed crude oil on Wednesday. The levy…

2 years ago

US suggests tariffs on Russian oil, as Hungary blocks EU-wide embargo

The EU failed to agree on its latest sanctions against Russia on Tuesday, as Hungary refused to drop its threat…

2 years ago

EU offers CEE countries extended deadline for Russian oil embargo

The EU has revised its proposal to ban Russia oil imports by the end of 2022, in order to give…

3 years ago

Poland takes anti-war drive to Hungary

The Polish government’s Stop Russia Now advertising campaign arrived in Hungary on Wednesday, increasing speculation that the alliance between the…

3 years ago

CEE countries react to EU plan to completely phase out Russian oil

There were mixed messages from Central and Eastern Europe (CEE) on Wednesday, when the European Commission (EC) announced plans for…

3 years ago

Nuclear plant expansion is on, Hungary PM says, as FM calls sector sanctions ‘a red line’

The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban…

3 years ago

Hungary’s Tungsram needs gov’t bailout

The chairman-CEO of one of Hungary’s oldest and best known companies, historic light bulb maker Tungsram, appealed to the government…

3 years ago

Orbán wins big in Hungarian election

Hungarian Prime Minister Viktor Orbán secured his fourth consecutive term with a landslide victory in Hungary's national elections on Sunday. …

3 years ago

EU court clears way for funding cuts over rule of law breaches

The European Union’s top court ruled that it can reduce funds to member states over rule of law concerns, rejecting…

3 years ago

Hungary’s third-richest man plans to run for government in 2022

Hungarian porn baron Gyorgy Gattyan has announced plans to found a party and field candidates in all of Hungary's constituencies…

3 years ago

EU advances on linking funding of Poland, Hungary, to rule of law

The European Commission (EC) has ordered Hungary and Poland to account for alleged rule of law violations that may significantly…

3 years ago

Hungary closes in on Budapest airport takeover

After years of circling Hungary's main airport, Prime Minister Viktor Orban finally declared the state’s intention to purchase Budapest Liszt…

3 years ago

Mayor Peter Marki-Zay wins primary vote to run against PM Orban in spring 2022

Peter Marki-Zay, the 49-year-old conservative mayor of Hodmezovasarhely, south Hungary, was announced as the winner of the Hungarian opposition primaries…

3 years ago