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 choice “we will have to…
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 choice “we will have to…
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 Orban said on Friday, flagging…
BUDAPEST (Reuters) – German companies in Hungary have turned more pessimistic about their business prospects than at any point since the 2009 financial crisis, a survey by Hungary’s largest foreign…
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 “clear stance” on the issue.…
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 bank said a decline in…
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”, saying his nationalist government would…
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, following reports that Hungary’s parliament…
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 Russian forces, the U.S. Ambassador…
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, a business survey showed on…
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 a “multi-step process” towards policy…
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 an article posted on the…
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 Commission said on Friday. (Reporting…
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 banks faced weaker profitability due…
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 to shore up the currency,…
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 Wednesday as part of its…
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 unlock EU funds, EU sources…
BUDAPEST (Reuters) – Price caps in Hungary will have to be phased out as they are more expensive to maintain as high prices become permanent, Minister for Economic Development Marton…
By Gergely Szakacs BUDAPEST – Budget airline Ryanair said it would appeal to the courts after Hungary fined it for passing on the cost of a special business tax, worth…
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 Orban’s government was committed to…
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 Budapest said it would impose…
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 problems due to the Russian…
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 sell its Russian unit, Chief…
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 limited government, convenes in Budapest…
By Gergely Szakacs BUDAPEST – Prime Minister Viktor Orban faces unprecedented headwinds as he embarks on a fourth consecutive term in office when the Hungarian nationalist will have to navigate…
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 budget hole that may spell…