The extension of European Union sanctions to Russian gas and nuclear energy “would have tragic consequences for Hungary”, and the government is working to obtain exemption from any such decisions, Prime Minister Viktor Orbán told public broadcaster Kossuth Radio on Friday. Early in the war, the European Union hoped to conclude the war through sanctions or at least facilitate that goal, but they have “taken us not an inch closer” to the end of the conflict, Orbán said in the interview.
Natural gas plays a crucial role in Hungary's energy supply, but one way to reduce this dependency is by increasing electricity imports, which the government is working on, the minister of foreign affairs and trade said in Slovenia's Cirkovce on Friday.
Hungary's economy and its players must prepare to perform in an increasingly difficult international environment, Mihaly Varga, the finance minister, told an annual event of the National Association of Businesses and Employers (VOSZ) in Budapest on Friday.
Polish energy group ORLEN on Thursday announced its entry onto the Hungarian market with the takeover of 143 petrol stations.
The 2023 World Karate Championships, to be hosted by Budapest between October 24 and 28, is expected to draw 1,600-2,000 athletes and about as many sports officials, organisers said on Friday.
The opposition Parbeszed party on Friday slammed government policy, saying the "irrational war with Brussels is threatening Hungary's fundamental stability."
Some 70 percent of Hungarians believe that peace talks rather than the continuation of war would serve Ukraine's interests, think-tank Nezopont Institute said citing a recent survey on Friday.
The government parties' approval of rule-of-law legislation requested by the European Commission is part of a ruling "Fidesz farce" as long as the government uses the state of emergency as an excuse to govern with decrees, the opposition Socialists' group leader said on Friday.
The approaching winter is raising the spectre of a humanitarian disaster in Ukraine, where "peace must come as soon as possible," Foreign Minister Peter Szijjarto said in Geneva on Thursday, adding that Europe is also suffering from the "double pressure from the consequences of ...
Liszt Ferenc International operator Budapest Airport on Thursday said it cut its forecast for passenger numbers next year by 2 million because of a windfall profit tax on airlines, high inflation and an economic slowdown.
Electricity supplies for steelmaker ISD Dunaferr will be guaranteed for a temporary period thanks to a government decree instructing the electricity operator not to disconnect a supplier from the grid, a ruling Fidesz lawmaker has said.
Hungary and Iran are working on developing economic cooperation in line with the policy of common sense and a pragmatism, and this could contribute to Tehran returning to a peaceful coexistence in the international community, Foreign Minister Peter Szijjarto said on Thursday.
"What we need is a strong and successful Europe," President Katalin Novak said after talks with Gerard Larchet, president of the French Senate, in Paris on Friday.
The "glacial progress" of the European Union's enlargement in the Western Balkans is clearly a failure of the bloc, Foreign Minister Peter Szijjarto said on Tuesday, warning that the EU should speed up the process after being "weakened by recent security crises".
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.
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.
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, ...