Hungary

MOL says no risk to domestic fuel supply after Danube refinery blaze

bne IntelliNews October 22, 2025

Fires broke out at refineries in both Hungary and Romania in recent days.

Hungary to challenge EU’s ban on Russian gas imports, vows to block REPowerEU

bne IntelliNews October 21, 2025

Hungarian Foreign Minister Peter Szijjarto says the European Council’s decision to ban Russian fossil fuel imports by 2027 could jeopardise Hungary’s energy security.

Kremlin says leaders’ good relations helped Budapest secure summit

bne IntelliNews October 21, 2025

Hungary is expected to host a second summit between Vladimir Putin and Donald Trump on Ukraine after their talks in Alaska in August did not lead to a breakthrough.

EU mulls partial membership plan to ease enlargement and bypass veto risks

bne IntelliNews October 20, 2025

Move is aimed at moving forward with enlargement and overcoming resistance from EU members such as Hungary, but reaching consensus to be a challenge.

Minsk asks for talks with Kyiv, as Lukashenko seeks to end Belarus’ isolation

bne IntelliNews October 20, 2025

Belarus' President Alexander Lukashenko has opened the door to direct dialogue with Kyiv as part of negotiations to end Russia’s war in Ukraine, as he launches a diplomatic drive to break the republic’s isolation and dependence on Russia.

Putin's meeting with Trump in Budapest is a slap in the face for the EU

Ben Aris in Berlin October 19, 2025

As preparations get underway for a highly anticipated summit between Russian President Vladimir Putin and former US President Donald Trump in Budapest, attention is turning to an unusual but politically sensitive detail: how will Putin get there?

Zelenskiy leaves Washington empty handed, Trump and Putin head to Budapest to talk business

Ben Aris in Berlin October 19, 2025

Ukrainian President Volodymyr Zelenskiy went into a White House meeting with US President Donald Trump on October 17 hoping for a big arms deal. He came out of the meeting empty handed.

COMMENT: Hungary’s investment slump shows signs of bottoming, but EU tensions still cast a long shadow

bne IntelliNews October 17, 2025

Hungary’s economy has fallen behind its Central European peers in recent years, and the root of this underperformance lies in a sharp and protracted collapse in investment. But a possible change of government next year could change things.

EXPLAINER: What is the EU’s CBAM and how will it affect global trade from 2026?

bne IntelliNews October 15, 2025

The European Union’s Carbon Border Adjustment Mechanism (CBAM) will enter its full operational phase on January 1, 2026, marking a major shift in global climate and trade policy.

IMF: Global economic outlook shows modest change amid policy shifts and complex forces

Pierre-Olivier Gourinchas Economic Counsellor and the Director of Research of the IMF. October 15, 2025

Dialing down uncertainty, reducing vulnerabilities, and investing in innovation can help deliver durable economic gains.

Global renewables to double by 2030, but IEA warns momentum must accelerate

bne IntelliNews October 14, 2025

Global renewable energy capacity is on course to double by 2030, reaching 4,600 GW—comparable to the current combined total of China, the European Union and Japan—according to the International Energy Agency’s Renewables 2025 report.

Von der Leyen to confront Hungary’s EU Commissioner over reported espionage attempts in EU institutions

bne IntelliNews October 13, 2025

European Commission President Ursula von der Leyen intends to personally discuss espionage allegations with Hungarian Commissioner Oliver Várhelyi, Commission spokeswoman Paula Pinho said at a press briefing in Brussels on October 10.

Hungary's forint falls 1% after economy minister criticises interest rates

bne IntelliNews October 8, 2025

Hungary's forint falls 1% after Economy Minister Marton Nagy criticises high real interest rates, reigniting debate over possible rate cuts as central bank maintains 6.5% rate unchanged since September 2024 to control inflation.

Austria and Slovenia advocate qualified majority voting to unblock EU enlargement

Valentina Dimitrievska in Skopje October 7, 2025

Dropping unanimity requirement could accelerate the accession process for Ukraine, Moldova and potentially Western Balkans, but faces opposition from within the EU.

Donald Trump nominates Orthodox Jewish businessman as ambassador to Hungary

bne IntelliNews October 6, 2025

Landa is the son of parents who emigrated from Czechoslovakia after WWII, where his father had served as a rabbi. In a 2010 speech, he described his family as having Hungarian Hasidic roots.

Leaders of Hungary and Slovakia hail Babiš’ election victory in Czechia

Albin Sybera in Prague October 6, 2025

Hungary’s Victor Orban and Slovakia’s Robert Fico have repeatedly clashed with fellow EU members on support for Ukraine and more broadly on the bloc’s values, and hope for an ally in ANO leader Andrej Babiš.

Hungarian PM isolated at EU summit over Ukraine stance

bne IntelliNews October 3, 2025

Victor Orban's sharply critical stance on a proposal to finance aid to Ukraine from frozen Russian assets contrasted with the positions of fellow EU leaders.

Hungary has world's second-largest LEGO plant after €140mn expansion

bne IntelliNews October 2, 2025

Danish toy maker LEGO's expansion of its Hungarian base boosts production by 30%.

Orban says ‘Hungary can't be circumvented' on Ukraine EU accession

bne IntelliNews October 1, 2025

Ukraine's accession procedure to the European Union cannot be opened through "legal tricks" circumventing Hungary, PM Viktor Orban tells journalists at EU summit in Copenhagen.

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