Hungarian central bank rate-setters left the base rate of 13 percent unchanged at a regular policy meeting on Tuesday. At the last policy meeting on Feb. 28, the Monetary Council stuck to the base rate maintained since last September, while keeping the one-day deposit rate at 18 percent.
Ader: Circular economy could be an answer to growing water, energy consumption
The circular economy could be a solution to growing water and energy consumption and the excessive amount of waste going with it, Janos Ader, the former president, said on Tuesday.
Government condemns City Assembly for naming street after former communist official
The Budapest City Assembly broke the law by naming a public area after Gyula Horn, the Socialist prime minister (1994-1998) who had been foreign minister in the dying days of the Communist regime and "participated in maintaining a totalitarian regime", the government office of ...
Szijjarto: Hungary, Poland vote against EU proposal on gas cuts
Hungary and Poland have voted against a "dangerous" proposal of the European Commission to extend earlier legislation cutting the use of natural gas by 15 percent, Peter Szijjarto, the minister of foreign affairs and trade, said on Tuesday in Brussels.
Strong winds break records on Monday
Storm-force winds on Monday broke all daily records nationwide and in Budapest, the national weather service (OMSZ) said on its website.
Lazar: Talks with Serbian minister ‘constructive’
Janos Lazar, the minister of construction and investment, held talks on Tuesday with Goran Vesic, his Serbian counterpart, which he called constructive.
Claim government ending cooperation with Rosatom ‘a lie’, minister says
The claim that Hungary's government is withdrawing from cooperation with Russia's Rosatom on the expansion of the Paks nuclear power plant "is a lie", Foreign Minister Peter Szijjarto said on Tuesday, emphasising that the increased role of France's Framatome in the project concerned only ...
President to visit Turkiye
President Katalin Novak will visit Turkiye between March 29 and 31, marking the centenary of diplomatic ties, the press directorate of the presidential office said on Tuesday.
Gross wages up 16.1 percent in January
In January 2023 full-time employees’ gross average earnings were HUF 528,000 and average net earnings with tax benefits reached HUF 363,900. Average gross earnings grew by 16.1%, and average net earnings were 16.0% higher than a year earlier.
Hungary sending aid to earthquake-hit Syria
The Hungarian government is sending 47 tonnes of aid to victims of the February earthquake in Syria, the foreign minister said on Tuesday.
Parliament ratifies Finland’s NATO bid
Hungarian lawmakers on Monday voted to ratify Finland's NATO accession.
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Szijjarto: Hungary objects to ‘severing’ EU-Chinese economic ties
Hungary is firmly against "severing" the European Union's economic cooperation with China in a move to "override economic realities with political considerations", and instead calls for shaping mutually advantageous relations, the minister of foreign affairs and trade said in Stockholm on Friday.
Szijjarto: Hungary supporting least developed countries
Hungary is ready to continue taking a fair share in supporting the world's least developed countries to strengthen their stability and prevent future waves of migration, the foreign minister said in Qatar on Tuesday.
Hungary astronaut candidates narrowed down to four
Hungary's shortlist of candidates to become the country's next astronaut and participate in a 30-day mission at the International Space Station in late 2024 or early 2025 has been narrowed down to four, Foreign Minister Peter Szijjarto said on Saturday.
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Fidesz MEP slams leftist opposition for thwarting proposal on Islamist terrorism
Leftist MEPs of the European Parliament, including those of Hungary's Democratic Coalition and Momentum parties, on Monday voted down a right-wing proposal to put issues around Islamist terrorism in Europe on the agenda, ruling Fidesz MEP Balazs Hidveghi told public media.
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, ...