Hanko: Europe needs competitiveness ‘turnaround’

Culture and Innovation Minister Balazs Hanko said Europe needed a "competitiveness turnaround" in remarks ahead of an informal meeting of European Union higher education and research ministers in Budapest on Tuesday.

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MVM revenue falls, profits climb in H1

First-half sales revenue of state-owned energy group MVM fell 22pc year-on-year to HUF 2,156bn, an earnings report posted on the website of the Budapest Stock Exchange on Tuesday shows.

Hungary tourism sector on the upturn, minister says

Hungary's tourism sector is on the upturn, boasting a record number of domestic travellers and foreign visitors this year, National Economy Minister Marton Nagy said at a press conference on Tuesday.

Szijjarto: Matter of crude supply shouldn’t be ‘politicised’

Hungary and the Organisation of the Petroleum Exporting Countries (OPEC) are in strategic agreement that oil supplies are not a political matter and the issue of crude deliveries should not be "politicised", Minister of Foreign Affairs and Trade Peter Szijjarto said in a post ...

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Third-degree flood alert issued for Budapest

The mayor of Budapest has issued a third-degree flood alert along all flood protection sections of the River Danube in the capital from Monday, the mayor's office has said.

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Egis favipiravir drug licenced for Covid-19 treatment

A new drug with the active ingredient favipiravir manufactured by Hungarian pharmaceutical company Egis has been licenced for treatment of Covid-19 by the National Institute of Pharmacy and Nutrition (OGYEI), the institute said on Saturday.

PM says he is convinced Trump will win

Orbán: New EU migration pact could force Hungary to welcome migrants

Hungary does not support the new migration and refugee package presented by the European Commission on Wednesday, Prime Minister Viktor Orbán told Reuters newswire on Friday. Under the package, Hungary's commitment to send people back from the southern EU states like Italy or Greece, ...