Hungary

BALKAN BLOG: Putin’s ally pushes Bosnia to the verge of war

Denitsa Koseva in Sofia April 6, 2025

The international community will have to step up to prevent new clashes in Bosnia.

US tariffs could undermine Viktor Orban's dream of golden economic era with US

bne IntelliNews April 4, 2025

Hungary's heavily export-oriented, manufacturing-driven economy is among the more vulnerable EU member states in the transatlantic trade war, according to analysts.

Benjamin Netanyahu lauds Hungary’s support for Israel in ICC row, anti-Semitism fight

bne IntelliNews April 4, 2025

Israeli Prime Minister Benjamin Netanyahu praised Hungary's "remarkable" support for Israel and the global Jewish community during a joint press conference in Budapest.

ING: Trump’s Tariffs - Europe’s worst economic nightmare just came true

ING April 3, 2025

A US 20% reciprocal tariff on the European Union will hurt. It's worsened the eurozone's short-term outlook. Now, so much depends on European governments to push through with their planned fiscal stimulus and reforms to strengthen domestic economies.

Hungary to withdraw from International Criminal Court

bne IntelliNews April 3, 2025

Hungary will quit its International Criminal Court membership and will initiate the termination procedure "within the constitutional and international legal framework" on April 3.

US tariffs on EU imports to hit Central and Southeast Europe

bne IntelliNews April 3, 2025

European Commission President Ursula von der Leyen says bloc considering retaliatory moves after Trump announces 20% tariffs.

Fidesz submits bill to suspend citizenship, targeting dual nationals seen as national security threats

bne IntelliNews April 3, 2025

The draft law specifies that citizenship revocation would apply only to dual nationals who do not hold citizenship from an EU member state or EEA countries (Switzerland, Liechtenstein, Norway or Iceland).

Israeli Prime Minister visits Budapest in first European trip since ICC arrest warrant

bne IntelliNews April 3, 2025

Israeli Prime Minister Benjamin Netanyahu was scheduled to arrive in the Hungarian capital late Wednesday night, but according to Hungarian media, he will land at Liszt Ferenc International Airport early morning of April 3.

Viktor Orban's inner circle braces for major shake-up amid mounting political and economic pressures

bne IntelliNews April 2, 2025

Hungary's ruling elite is bracing for a major realignment as Prime Minister Viktor Orban is seeking to contain mounting political and economic pressures.

MOL AGM approves massive dividend payout, equating to 9% dividend yield

bne IntelliNews April 2, 2025

Hungary’s MOL has announced plans for a HUF220.4bn (€560mn) dividend payout for 2025, as the oil and gas giant seeks to maintain shareholder returns despite earnings cooling from their 2022 peak.

MEPs confront Hungary over Ukraine policy and growing US trade tension

bne IntelliNews April 2, 2025

The European Parliament has called for urgent measures to boost the EU's economic competitiveness and defence capabilities as lawmakers seek to bolster the bloc's resilience against escalating trade tensions with the US and wider global challenges.

Serbia and Hungary move towards military alliance amid regional tensions

Tatyana Kekic in Belgrade April 1, 2025

Move reflects increasing ties between Serbia and Hungary, which share a similar approach to international affairs and have resisted pressure from the European Union to sever their ties with Russia.

Serbia advances key oil pipeline project with Hungary

Tatyana Kekic in Belgrade March 31, 2025

The Serbian government has approved the construction of a critical oil pipeline connecting Serbia to Hungary, aiming to secure the country’s energy future amid the looming threat of US sanctions on its national oil company, NIS.

Emerging Europe risks being “cast adrift” from the West, think-tank warns

bne IntelliNews March 31, 2025

Ongoing geopolitical realignment accelerated by Trump’s return to office could plunge Emerging Europe into a cycle of instability and regional conflict, says a paper published by the ECFR.

Viktor Orban existential threat to EU, writes Eurasia Group’s Europe chief in FT opinion piece

bne IntelliNews March 31, 2025

Standing up to Hungarian Prime Minister Viktor Orban is now a matter of survival for the EU, writes Mujtaba Rahman, the managing director for Europe at Eurasia Group in an opinion piece for the Financial Times over the weekend.

COMMENT: Europe’s outlook improves as Trump makes Ukraine conflct progress

bne IntelliNews March 28, 2025

European leaders are alarmed at the increasingly warm relations between US President Trump and Putin, but economists are encouraged as even a “quick and dirty” ceasefire deal to the Ukraine conflict will buoy flagging CEE economies.

Hungary opposes Ukraine's EU accession due to unclear borders, says cabinet chief

bne IntelliNews March 28, 2025

The head of the Hungarian Prime Minister's Office described the push for Ukraine's fast-track EU membership as "absurd," citing unresolved issues in agriculture, labour markets and cohesion, but also due to its unclear borders.

Hungary's National Bank warns full-scale trade war could knock 0.5pp from 2025 growth

bne IntelliNews March 28, 2025

Hungary's central bank has sharply downgraded its economic forecasts, warning that inflation will remain elevated for longer than expected while growth prospects continue to dim amid weak investment and a fragile external environment.

Hungary to expand energy cooperation with Russia, foreign minister says in live stream from Red Square

bne IntelliNews March 27, 2025

Hungary views the operations of its oil company MOL in Russia as highly successful and expects further expansion, Foreign Minister Peter Szijjarto said during his visit to Moscow.

Protesters in Budapest rally against amendment to assembly law, blocking bridges

bne IntelliNews March 26, 2025

Thousands of demonstrators gathered in central Budapest on March 25 to demand the withdrawal of a controversial amendment to Hungary's assembly law and against what organisers called techno fascism.

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