City Budapest Financial News

23.08 / 08:51

Hungary sacks weather chiefs after wrong forecast stops Budapest fireworks display

The Hungarian government sacked the head of the country's weather forecasting service and her deputy on Monday, two days after a major holiday fireworks display planned for Budapest was postponed due to fears of bad weather that never materialised.

30.07 / 11:13

CLIMATE CRISIS Energy Deal 'Hungary will have enough': Orban to strike gas deal with Russia

Hungary's prime minister said Friday he will sign a new deal with Russia in the coming months, which will supply the country with nearly one billion cubic metres of gas.

21.07 / 19:13

Climate change European Union Hungary's top diplomat visits Moscow to negotiate gas supplies despite EU sanctions

Hungary's government wants to buy close to a billion cubic metres of natural gas from Russia despite European Union sanctions, its top diplomat said ahead of talks with his Moscow counterpart.

15.07 / 14:53

business LGBT European Court of Justice War crimes European Commission takes Hungary to court over anti-LGBT law and Klubrádió

The European Commission has referred Hungary to the EU's Court of Justice over two cases concerning freedom of speech that, after more than one year, remain unresolved.

14.07 / 09:25

business Technology Hungarians protest for second day against tax overhaul

Protesters in Hungary's capital blocked main traffic arteries for the second day in a row Wednesday in opposition to a tax overhaul pushed through this week by the country's right-wing governing party.

30.06 / 14:45

European Union women's rights Global Corporate Tax: France says EU can bypass Hungarian veto

France will look at bypassing Hungary's veto on a global corporate tax, an official has said after the measure was defeated last week.

17.06 / 10:05

Medicine Migrants recovery Hungary ready for compromises with Brussels to unblock recovery funds

Hungary is ready to strike a compromise with Brussels to end the long-standing impasse that has blocked the country's access to the EU's coronavirus recovery fund, according to a minister from Viktor Orbán's government.

23.05 / 21:17

exhibition European Union European Commission Brussels says Hungary's rule of law situation has deteriorated, as Budapest digs heels in

The European Commission says Hungary's performance related to the rule of law deteriorated last year, especially on LGBT rights and with the phone tapping of opposition journalists and businessmen.

11.05 / 10:03

European Union week A week on, the EU appears no closer to a Russian oil embargo

Unlike other rounds of sanctions against Moscow approved swiftly by member states, the EU appeared no closer to agreeing on a Russian oil embargo nearly a week after it was proposed by the Commission.

10.05 / 13:05

European Union EU ban on Russian oil: Orban-VDL talks fail to produce a breakthrough

A face-to-face meeting between Ursula von der Leyen, president of the European Commission, and Viktor Orbán, prime minister of Hungary, failed to deliver the much-needed breakthrough to push the proposal for an EU-wide ban on Russian oil imports over the finish line.

03.05 / 17:47

Art European Union School reports 'Fake news': Hungary denies reports it was warned about Russia's invasion of Ukraine

Hungary has denied media reports that it had been warned by Russia about the planned invasion of Ukraine.

27.04 / 14:41

European Union Time Brussels triggers rule of law mechanism for very first time against Hungary

Brussels on Wednesday triggered its rule of law mechanism for the very first time, warning Hungary it could lose out on European Union funds.

07.04 / 20:43

Health CLIMATE CRISIS foreign Hungary 'helping Putin' in the war, says Ukraine's foreign ministry

Ukraine has accused Hungary of "helping Putin" in the war, a day after the country's leader Viktor Orban said he was prepared to break ranks with the EU and buy Russian gas in roubles.

06.04 / 15:05

Watch live: Hungary's Viktor Orban speaks to the press after election victory

Viktor Orban is to hold a press conference following his reelection for a fourth consecutive term as prime minister of Hungary.

06.04 / 09:59

Social Media Ursula von der Leyen Hungary could lose out as EU moves to link cash to rule of law respect

Brussels has triggered a process in Hungary that threatens to link the payment of EU cash to respect for rule of law.

04.04 / 12:51

War Moon 'A victory so big you can see it from the moon... and Brussels,' says Hungary's Viktor Orban

Hungary's nationalist Prime Minister Viktor Orban declared victory in Sunday's national elections, claiming a mandate for a fourth term as a still incomplete vote count showed a strong lead for his right-wing party.

25.03 / 18:27

Football Zelenskyy tells Hungary's Viktor Orban to 'decide who you are with'

Ukrainian President Volodymyr Zelenskyy criticised his neighbouring EU country Hungary in an impassioned speech to European Union leaders on Thursday.

19.03 / 16:39

Technology Support Refugees fleeing the war in Ukraine get help and support in Budapest

Over 290,000 refugees have already arrived in Hungary from Ukraine.

16.02 / 12:05

European Union European Court of Justice ECJ rules in favour of making EU cash handouts conditional on a country's respect for rule of law

The European Court of Justice (CJEU) has ruled in favour of making EU cash handouts conditional on a country's respect for rule of law.

01.02 / 12:17

Technology History Viktor Orban under fire for Moscow meeting with Vladimir Putin

MEPs have criticised Hungarian Prime Minister Viktor Orban's meeting with Vladimir Putin on Tuesday, saying it risks EU unity over the Ukraine crisis.

23.12 / 19:19

Art 'Shameful and rude': Orban slammed over remark on Bosnia's Muslims

Hungary’s prime minister Viktor Orbán has been denounced by Bosnian officials and religious leaders after he claimed integrating the country into the European Union would be a challenge because of its Muslim population.

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