Hungary

EU Council president says leaders “here to take decisions” as he arrives at Brussels summit

bne IntelliNews March 6, 2025

EU leaders to discuss support for Ukraine and strengthening of Europe’s defence capabilities in response to the sudden change in the geopolitical situation.

Fears Russia-friendly EU members to undermine ‘five to midnight’ summit

bne IntelliNews March 6, 2025

Hungarian PM Viktor Orban indicated ahead of the crucial summit that he might veto additional support for Ukraine.

Hungary blocks EU Ukraine security proposal

bne IntelliNews March 3, 2025

Hungary has blocked a proposed EU security assurances and military assistance proposal for Ukraine ahead of a key summit due on March 6.

OPINION: The EU must bet on nuclear

Owen Walden-Harris March 3, 2025

For Central and Eastern Europe, over reliance on renewable energy for the green transition will compound the already significant challenge of shifting away from a predominantly coal and natural gas based energy network.

Emerging Europe’s Ukraine critics unleashed by Trump’s attack on Zelenskiy

bne IntelliNews March 3, 2025

Leaders of Bulgaria, Georgia and Hungary back Trump in row with Ukrainian president and slam Europe's handling of the war.

Viktor Orban urges EU to start direct talks with Russia on Ukraine

bne IntelliNews March 3, 2025

Hungary's Prime Minister Viktor Orban has called on the European Union to begin direct talks with Russia on ending the conflict in Ukraine, a move that highlights growing divisions within the bloc over its approach to the war.

Hungary moves to ban Pride March with constitutional amendment

bne IntelliNews February 28, 2025

Hungary's government is seeking to ban the annual Budapest Pride March by amending the country’s Fundamental Law (Constitution), a move that legal experts describe as an "unconstitutional absurdity."

State financing of Paks NPP expansion in jeopardy after CJEU advisor sides with Austria

bne IntelliNews February 28, 2025

The European Union Court of Justice may overturn a previous ruling that upheld the European Commission’s approval of Hungary’s state aid for the expansion of the Paks nuclear power plant.

EBRD lowers 2025 forecasts citing subdued global growth and trade fragmentation

Clare Nuttall in Glasgow February 27, 2025

Weaker external demand and potential impact of Trump tariffs weigh on Emerging Europe, Central Asia and Semed regions, with growth now projected at 3.2%.

Real wages in Hungary rise at fastest pace in 30 years in 2024

bne IntelliNews February 27, 2025

Gross wages in Hungary averaged HUF646,800 (€1,620) and net wages came to HUF430,100 last year, both up 13.2% year on year, according to data from the KSH.

Hungary seeks to remove three Russian oligarchs from EU sanctions list, reports RFE/RL

bne IntelliNews February 26, 2025

The Russian investigative unit of Radio Free Europe, Systema, has published the names of Russian individuals Hungary seeks to remove from the EU sanctions list.

S&P warns of significant fiscal impact from Hungarian government's pre-election tax cuts

bne IntelliNews February 26, 2025

S&P Global Ratings warned that the government's measures of extending PIT exemptions to families and increasing welfare spending before the 2026 elections pose serious economic risks.

Relief in Emerging Europe at AfD’s election defeat, but concern over party's gains

bne IntelliNews February 24, 2025

Mainstream politicians across Central and Southeast Europe have expressed relief at the outcome of Germany's general election, which saw the far-right Alternative for Germany make gains but ultimately fall short of securing victory.

Hungarian judges demonstrate for freedom of judiciary

bne IntelliNews February 24, 2025

Thousands of judges and court workers held a demonstration in Budapest on February 22 for the freedom of the judiciary, organised by the Hungarian Judiciary Association (MABIE).

Hungary set to block extension of EU sanctions against Russia, citing peace talks

bne IntelliNews February 21, 2025

Hungary will not vote in favour of extending sanctions against Russian and Belarusian individuals at the upcoming meeting of the EU's Foreign Affairs Council, arguing that it would hinder US-Russian peace talks.

EU endorses Hungary's revised medium-term fiscal plan

bne IntelliNews February 20, 2025

The European Council has endorsed Hungary's medium-term budgetary plan, which outlines a path for deficit reduction but reflects a more cautious economic outlook, National Economy Minister Marton Nagy announced after the Ecofin meeting.

EU Parliament joins lawsuit against Hungary over controversial Sovereignty Law

bne IntelliNews February 19, 2025

The European Parliament legal committee voted on February 18 to join the lawsuit against Hungary in the European Court of Justice regarding the controversial sovereignty protection law adopted in late 2023.

Ukrainian drone strikes Kazakhstan’s main oil export pipeline route in Russia

bne IntelliNews February 17, 2025

Attack comes on same day Hungarian and Kazakh top diplomats back idea of Ukraine conflict talks between Putin and Trump.

Hungarian e-commerce platforms falling behind regional peers on local turf

bne IntelliNews February 17, 2025

The Hungarian e-commerce market grew by 15% to HUF1.92 trillion (€4.8bn) in 2024, while sales generated by Hungarian and EU-based retailers increased at a slower pace, rising 10% to HUF1.6 trillion.

Hungary's opposition leader kicks off campaign at Tisza Party’s first congress with sweeping reform pledges

bne IntelliNews February 17, 2025

Peter Magyar, the leader of the opposition Tisza Party, delivered a scathing critique of the current political establishment and presented some clues to his party's election programme, with a focus on tackling the cost-of-living crisis.

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