Hungary Financial News

15.07 / 13:15

European Union War crimes EU 'shot itself in the lungs' with sanctions against Russia, says Orban

The European Union has "shot itself in the lungs" with ill-considered economic sanctions on Russia, which, unless rolled back, risk destroying the European economy, Hungarian Prime Minister Viktor Orban said on Friday.

14.07 / 14:03

business History Ukraine plays symbolic role in France's Bastille Day parade

The war in Ukraine featured prominently in Bastille Day celebrations in France on Thursday, with thousands of French troops marching down the Champs-Elysees avenue alongside allies from Eastern Europe.

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.

13.07 / 15:39

Technology Refugees Two-thirds of Ukraine refugees plan to stay put for now, according to UNHCR

Around two-thirds of refugees from Ukraine expect to stay in their host countries until hostilities subside and the security situation improves after Russia's invasion, a survey by the United Nations refugee agency UNHCR has found. The survey was conducted between mid-May and mid-June.

07.07 / 15:19

European Union abortion rights lawmakers rights European lawmakers demand that abortion be included in EU Charter of Fundamental Rights

The European Parliament has asked for the right to "safe and legal abortion" be added to the EU Charter of Fundamental Rights and stressed denying the procedure amounted to a form of violence against women and girls.

05.07 / 14:01

NFT regulation Europe Anti-money laundering lawmakers EU Lawmakers Want Anti-Money Laundering Rules To Cover NFTs

With the European Union advancing work on new regulations that could exert a significant impact on the crypto industry, a group of members of the European Parliament have proposed an amendment to the bloc’s anti-money laundering (AML) legislation that would cover non-fungible token (NFT) trading platforms with its provisions.

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.

27.06 / 17:01

abortion rights Protest NATO G7 NATO to hike number of soldiers on high alert from 40,000 to 300,000, says Stoltenberg

NATO will massively increase its rapid reaction troops from 40,000 to 300,000, says alliance chief Jens Stoltenberg.

17.06 / 17:01

business Technology European Union Deal Hungary blocks EU deal on 15% minimum corporate tax

Hungary has blocked an EU directive that would impose a 15% minimum tax on multinational corporations, arguing the levy would deal a "low blow" to European competitiveness and endanger jobs.

17.06 / 16:43

Target Global Minimum Tax Suffers Fresh Setback as EU Fails to Agree on Implementation

A global deal to introduce a minimum tax rate on company profits hit a fresh roadblock Friday after Hungary vetoed a European Union agreement to implement the measure, which is also stalled in the U.S.

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.

16.06 / 12:15

Technology London Slovenia will take down its border fence with Croatia

Slovenia says a 200-kilometre fence on its border with Croatia to deter migrants has not fulfilled its purpose and will be taken down.

13.06 / 17:19

Technology Queen Elizabeth II Royal Family Queen Elizabeth II becomes second longest-serving monarch in history

Queen Elizabeth II, who celebrated her 70th year on the British throne earlier this month, has became the world’s second longest-serving monarch, with only France’s Louis XIV ahead of her in the history books.

08.06 / 16:51

business European Union Deal EU strikes deal to impose 40% quota for women on boards of large companies by 2026

The European Union has agreed to impose gender quotas to ensure women have at least 40 per cent of seats on the boards of large companies.

03.06 / 18:53

European Union Queen Elizabeth II ‘Not acceptable’: Xavier Bettel lashes out at Viktor Orbán over Kirill's removal from EU sanctions

The prime minister of Luxembourg has decried as "unacceptable" the last-minute removal of Patriarch Kirill, head of Russia's Orthodox Church, from the new list of EU sanctions.

02.06 / 18:01

European Union Queen Elizabeth II Patriarch Kirill excluded from EU sanctions after Hungary’s objection

Patriarch Kirill, the head of Russia's Orthodox Church, will be excluded from the latest package of EU sanctions against Russia after Hungary's objection, three diplomats have told Euronews.

02.06 / 18:01

European Union Queen Elizabeth II Explained: Why an EU embargo on Russian gas might be a long way off

The European Union has banned Russian coal, and after weeks of tortuous negotiations, oil as well, in a bid to deprive Moscow of an important source of revenue to wage its war in Ukraine.

30.05 / 15:21

European Union Live: Food security and energy on agenda of EU leaders summit

Russia's aggression on Ukraine and the impact it is having on energy prices and food security will be the main topics European leaders discuss on Monday at a special summit in Brussels.

30.05 / 14:03

EU leaders meet in Brussels in the midst of impasse on Russian oil ban

EU leaders are flying to Brussels to meet in a two-day extraordinary summit centred on the Ukraine war, energy dependency and defence investments.

26.05 / 07:47

CLIMATE CRISIS peace NOT Live: Ukraine will not cede territories to Russia to reach peace, Zelenskyy says

Ukrainian President Volodymyr Zelenskyy strongly rebuffed those in the West who have suggested Ukraine cede control of areas occupied by Russian forces for the sake of reaching a peace agreement.

24.05 / 18:01

Sexual assault Deal EU may reach deal on Russian oil ban 'in a matter of weeks', Ursula von der Leyen tells Euronews

A deal on a stalled proposal to introduce an EU-wide ban on Russian oil imports could be reached "in a matter of weeks," said European Commission President Ursula von der Leyen, who is one of the staunchest advocates behind the measure.

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