Hungary

EU to soften gas storage rules to avoid price spikes

bne IntelliNews March 17, 2025

EU member states are considering softening the bloc’s binding gas storage targets in order to avoid sending gas prices soaring again ahead of what is anticipated to be a difficult year.

Southeast Europe erupts in weekend of protests

bne IntelliNews March 16, 2025

Protests in Serbia, Georgia and Hungary reflect mounting discontent over corruption and democratic backsliding, while Romanians turn out to show commitment to EU values in face of rising far right.

Hungary's automotive sector continues to struggle amid weak demand

bne IntelliNews March 14, 2025

Hungary's automotive industry, a key pillar of the country's export-driven economy, continued to show signs of strain in January, as the latest figures from the Central Statistics Office confirmed ongoing declines in production and new orders.

Hungary demands removal of Russian oligarch Mikhail Fridman from EU sanctions list

bne IntelliNews March 14, 2025

The Hungarian government, widely regarded as the most Russia-friendly in the EU, has repeatedly obstructed EU sanctions against Moscow and delayed military aid to Ukraine.

EU braces for Hungarian veto on Russia sanctions extension

bne IntelliNews March 13, 2025

Brussels is preparing for the possibility that Hungary may block the renewal of European Union sanctions against Russia, a move that could unfreeze tens of billions of euros in assets and undermine Ukraine's financial aid structure.

OPINION: CEE infrastructure to take centre stage as Ukraine post-war reconstruction looms

Jozef Hrabina of GeopoLytics March 12, 2025

The war in Ukraine appears to be drawing to a close and Central and Eastern Europe's infrastructure capabilities – or lack thereof – will soon be thrust into the global spotlight.

Druzhba pipeline oil deliveries suspended temporarily due to drone strike, Hungarian FM says

bne IntelliNews March 12, 2025

Oil deliveries to Hungary via the Druzhba pipeline have had to be suspended temporarily on March 11 due to a Ukrainian drone strike on one of the pipeline’s measuring stations.

Spanish prosecutors investigate Vox over campaign funding from Orban-linked bank

bne IntelliNews March 12, 2025

Spain's public prosecutor has launched an investigation into the far-right Vox party over allegations of illegal political financing after reports emerged that the party had received millions of euros in loans from a Hungarian bank tied to PM Orban.

Hungarian government to introduce caps on supermarkets' profit margin to rein in inflation

bne IntelliNews March 11, 2025

The Hungarian government will cap retailers' profit margins on some staples at 10% from the middle of March and last until the end of May.

BALKAN BLOG: Being a Trump fan isn’t enough to get US support

Clare Nuttall in Glasgow March 11, 2025

Some right-wing Emerging European leaders have gained vocal backing from the US, but efforts by Bosnian Serb leader Milorad Dodik and the Georgian Dream party to demonstrate their pro-Trump credentials have been largely ignored.

Hungarian special forces reportedly planned covert operation to rescue separatist Bosnian Serb leader

bne IntelliNews March 11, 2025

Investigative news site VSquare says a team from Hungary's Counter-Terrorist Centre was deployed to Bosnia with a mission to help Bosnian Serb leader Milorad Dodik escape in the event of a court-ordered arrest.

Viktor Orban warns against Ukraine's EU membership, says economic package with US is in the pipeline

bne IntelliNews March 10, 2025

Hungarian Prime Minister Viktor Orban said the admission of Ukraine to the EU would destabilise Europe's economy and its financial stability.

EU countries weigh costs of planned military buildup

bne IntelliNews March 7, 2025

What we know so far about EU member states’ plans to hike defence spending in face of "existential challenge" from Russia, and how this will be financed.

EU leaders back defence spending boost, pledge support for Ukraine

bne IntelliNews March 6, 2025

EU leaders unanimously agree to ramp up defence spending at emergency summit, but Hungary refuses to endorse statement on support for Ukraine.

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.

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