US envoy warns over Hungary’s ‘close and expanding’ links with Russia
BUDAPEST (Reuters) – NATO allies are warning Hungary of the dangers of its “close and expanding” relationship with Russia and if this is Budapest’s policy …
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Hungary’s Orban says EU should first sign strategic partnership accord with Ukraine
BUDAPEST (Reuters) – The European Union should first sign a strategic partnership agreement with Ukraine instead of starting membership talks with the country, Hungary’s Viktor …
German gloom highlights risks around Hungary’s recovery -survey
BUDAPEST (Reuters) – German companies in Hungary have turned more pessimistic about their business prospects than at any point since the 2009 financial crisis, a …
Hungary’s Orban says EU must not start membership talks with Ukraine
BUDAPEST (Reuters) – The EU must not start membership talks with Ukraine, Prime Minister Viktor Orban told state radio on Friday, stressing this was Hungary’s …
Hungary’s tax-adjusted core CPI slows to 15.2% y/y in Aug -cenbank
BUDAPEST (Reuters) – Hungary’s tax-adjusted core inflation slowed to an annual 15.2% in August from 17.5% in July, the central bank said on Friday. The …
Hungary’s Orban condemns EU federalism, LGBTQ ‘offensive’
BUDAPEST (Reuters) – Hungary’s Prime Minister Viktor Orban on Saturday renewed an attack on the European Union for conducting what he called an “LGBTQ offensive”, …
Swedish PM says Hungary’s Orban still promises not to delay NATO accession
STOCKHOLM (Reuters) – Sweden’s prime minister said on Friday his Hungarian counterpart had assured him that Budapest would not delay the Nordic country’s NATO accession, …
Hungary’s call for Ukraine ceasefire “cynical”, U.S. envoy says
BUDAPEST (Reuters) – The Hungarian government’s call for a ceasefire in neighbouring Ukraine is “cynical” given large swathes of the country are occupied by invading …
Hungary’s price caps, windfall taxes dent morale among German firms -survey
BUDAPEST (Reuters) – Price caps to curb surging inflation and windfall taxes imposed by Hungary’s government have hurt sentiment among German firms in the country, …
Testing waters, Hungary’s central bank flags cut in top end of rate corridor
By Krisztina Than and Alan Charlish BUDAPEST (Reuters) – Hungary’s central bank could cut its 25% top collateralised loan rate next week as part of …
Hungary’s annual CPI could slow to single digit by end-2023 -cbanker
BUDAPEST (Reuters) – Hungary’s annual inflation could slow to single-digit by the end of 2023, National Bank of Hungary deputy governor Barnabas Virag said in …
Hungary’s reforms not enough to unlock EU funds, European Commission says
BRUSSELS (Reuters) – Hungary has not implemented enough reforms to improve anti-corruption safeguards to grant Budapest billions of euros worth of EU funds, the European …
Hungary’s banks stable, profits and lending to fall – central bank
BUDAPEST (Reuters) – Hungary’s banking system is stable and has significant reserves to manage risks, the National Bank of Hungary said on Thursday, adding that …
Analysis-Weak forint rains on Hungary’s ‘no more hikes’ parade
By Krisztina Than BUDAPEST (Reuters) – Hungary’s central bank tightened forint liquidity further on Wednesday at a deposit tender as part of its latest efforts …
Hungary’s central bank launches tool to drain liquidity after ending rate hikes
BUDAPEST (Reuters) – Hungary’s central bank accepted 2.093 trillion forints ($4.90 billion) worth of bids from banks at its first floating-rate two-month deposit tender on …
EU cautious on Hungary’s ‘charm offensive’ as billions of funds hang in balance -sources
By Gabriela Baczynska BRUSSELS (Reuters) – The European Commission wants to see more action from Hungary on stepping up anti-corruption safeguards before Brussels agrees to …
Hungary’s price caps have to be phased out, minister says
BUDAPEST (Reuters) – Price caps in Hungary will have to be phased out as they are more expensive to maintain as high prices become permanent, …
Ryanair to appeal against Hungary’s ‘baseless’ consumer protection fine
By Gergely Szakacs BUDAPEST – Budget airline Ryanair said it would appeal to the courts after Hungary fined it for passing on the cost of …
Hungary’s budget deficit widens to 2.892 trillion forints by end-June
BUDAPEST – Hungary posted a 2.892 trillion forints ($7.21 billion) budget deficit in January-June, the Finance Ministry said on Friday, adding that Prime Minister Viktor …
Investors rattled, Hungary’s blue-chips plunge on windfall tax plan
By Krisztina Than and Gergely Szakacs BUDAPEST – Hungary’s blue-chip stocks slumped on Thursday, with oil and gas group MOL and OTP leading losses after …
Hungary’s OTP to step up lending to farmers in war-torn Ukraine
By Gergely Szakacs BUDAPEST – OTP Bank will step up lending to Ukraine’s farmers this year under a Kyiv-backed programme to help them overcome financing …
Hungary’s OTP Bank “pressured” by Ukraine to sell Russian unit, CEO says
BUDAPEST – Hungary’s OTP Bank, Central Europe’s largest independent lender, is under pressure from the government of Ukraine, where the bank is also present, to …
U.S. conservative conference with Hungary’s hardline leader reflects Republican divide
By Peter Eisler, Alexandra Ulmer, Anita Komuves and Andrew R.C. Marshall (Reuters) – America’s most prominent conservative gathering, founded on ideals of personal liberty and …
Hungary’s isolation, economic woes will make Orban’s fourth term his toughest yet
By Gergely Szakacs BUDAPEST – Prime Minister Viktor Orban faces unprecedented headwinds as he embarks on a fourth consecutive term in office when the Hungarian …
Analysis-Pre-election spending could haunt Hungary’s Orban – or his successor
By Gergely Szakacs BUDAPEST – A $5.35 billion spending spree by Hungary’s Prime Minister Viktor Orban ahead of an election next week has left a …
Hungary’s Orban says he hopes inflation will dip below 6% by year-end
BUDAPEST – Hungary’s government hopes inflation will ease back to below 6% by the end of 2022 after hitting a near 15-year high of 7.9% …