Hungary

COMMENT: Is the EU going to fall apart?

Ben Aris in Berlin March 21, 2025

Is the EU about to break apart under the stress of taking over the full weight of supporting Ukraine, the need to rearm and the hundreds of billions that must be invested if it is to become competitive again?

European Commission launches inquiry over BYD’s Hungarian investment

bne IntelliNews March 21, 2025

The European Commission has launched an investigation into whether BYD received unfair state subsidies from China to support the construction of its Hungarian factory.

Hungarian PM vetoes joint declaration at EU summit

bne IntelliNews March 21, 2025

"I have vetoed the joint declaration regarding Ukraine because we cannot support any joint position before Hungarians express their opinion on Ukraine's European Union membership," Prime Minister Viktor Orban said on March 20 in a video.

Hungary's State Audit Office files criminal complaint over operation of National Bank foundations

bne IntelliNews March 20, 2025

Hungary's State Audit Office has filed a criminal complaint over multiple suspected offences related to the financial management of the foundations controlled by the National Bank.

Opposition lights smoke flares, sings Soviet anthem in parliament as Fidesz lawmakers restrict right of assembly, banning Pride March

bne IntelliNews March 19, 2025

Hungary's parliament has approved legislation to amend assembly laws in a fast-track procedure that effectively bans Pride marches.

Several EU countries back push to fund Prague-based RFE/RL in response to Trump axeing it

Albin Sybera in Prague March 19, 2025

Member states want EU to fund Radio Free Europe/Radio Liberty after US President Donald Trump issued an executive order aimed at dismantling the Agency for Global Media.

​MOL finds oil in southwest Hungary

bne IntelliNews March 19, 2025

New oil field discovered with a potential production capacity of 1,200 barrels per day.

Washington leans on Budapest to back down from veto threats

bne IntelliNews March 18, 2025

Hungary's government has backed down on vetoing European Union sanctions on Russia following direct pressure from Washington.

Hungarian lawmakers move legislation in fast-track vote to ban Pride March

bne IntelliNews March 18, 2025

Hungary's parliament has approved an expedited procedure to pass legislation that would effectively ban Pride marches, with a final vote expected on March 18.

Hungarian PM seems to backtrack from controversial "bedbug" analogy after uproar

bne IntelliNews March 17, 2025

Hungarian Prime Minister Viktor Orban offered a retrospective "interpretation" of his controversial speech on March 15, in which he referred to political opponents, judges, journalists and civil activists as bedbugs, causing widespread outrage.

IEA says battery costs have plunged by 75% since 2015

IEA Energy Snapshot March 17, 2025

You might have noticed that batteries are everywhere these days. They power phones and many other gadgets, but also more and more cars, bikes, scooters and vans.

Viktor Orban vows to crack down on media, judiciary, NGOs in holiday speech

bne IntelliNews March 17, 2025

Viktor Orban delivered a combative speech promising an Easter cleanup of “bedbugs”, referring to journalists, judges, opposition forces and NGOs critical of the government.

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.

Dismiss