Hungarian Erste Bank Wrongfully ‘Sanctions’ Russian and Belarusian Clients Erste Bank Hungary has terminated the bank account contracts of several Russian and Belarusian citizens. The bank is investigating the... 2022.05.26.
Govt to Strip Extra Profits from Banks, Multinational Companies Prime Minister Viktor Orbán announced setting up a "utility cut protection fund" and a defense fund on Wednesday. In a... 2022.05.25.
DK Calls on Govt to Reduce Dependence on Russian Energy The opposition Democratic Coalition (DK) is calling on the government to start efforts to reduce Hungary's dependence on Russian energy.... 2022.05.25.
FM Szijjártó: Threats to Close Transit Routes of Energy Supplies Undermines EU Unity Threats to close the transit routes of crude oil and natural gas threaten the European Union's unity and severely undermine... 2022.05.25.
Orbán Proposes Leaving Latest Sanctions Package Off Next European Council Meeting’s Agenda Prime Minister Viktor Orbán, in a letter to European Council President Charles Michel, has proposed leaving the European Union's latest... 2022.05.25.
European Leaders: EU Should Adopt Oil Embargo without Hungary "The European Commission will propose a total import ban on Russian oil," European Commission President Ursula von der Leyen announced... 2022.05.23.
Hungary Gas Stores at 25% Capacity There were 1.6 billion cubic metres of gas in Hungary's underground stores, just over 25 percent of capacity, by mid-May,... 2022.05.23.
Press Roundup: Weeklies on the Row Over Banning Oil Imports from Russia Opposition-leaning weeklies accuse the government of conniving with Moscow, by rejecting the proposed ban on importing Russian crude oil without... 2022.05.23.
What Brussels’ New Plan to End Russian Energy Dependence Means for Hungary The European Commission has put forward a nearly 300-billion-euro plan that would eliminate the European Union’s reliance on Russian energy... 2022.05.19.
EU Gives Companies Green Light to Continue Buying Russian Gas The European Union has declared that European companies can continue to buy Russian gas without violating sanctions, indicating that they... 2022.05.18.
FM Szijjártó: No EU Decision on Russian Oil Import Ban, Hungary Maintains Position A meeting of European Union foreign ministers in Brussels on Monday concluded without a decision being passed regarding a planned... 2022.05.17.
Orbán Takes Oath in Parliament: Hungary’s Interest to Remain a Member of the EU Viktor Orbán was sworn in as Hungary's next prime minister for the fifth time and outlined his plans for the... 2022.05.16.
Fidesz MEP to BBC: EU’s Proposed Sanctions on Russia ‘Unacceptable’ Hungary rejects the EU's proposed set of sanctions including an embargo on Russian oil in its current form, Balázs Hidvéghi,... 2022.05.16.
Press Roundup: Phasing Out Russian Oil Still Dominates News Pro-government commentators find the EU proposal to eliminate Russian oil unrealistic and even counterproductive. Left-wing and liberal pundits also acknowledge... 2022.05.16.
FM Szijjártó: Hungarians Must Not Be Made to Pay Price of War Hungary's government insists that the Hungarian people must not be made to pay the price of the war in Ukraine,... 2022.05.16.
EU Considers Scrapping Oil Embargo Over Hungary’s Veto The Hungarian government has made it clear that it will veto EU sanctions on Russian oil imports, and its rejection... 2022.05.13.
Politico: EU Leaders Consider Paying Hungarian Gov’t to Support Oil Sanctions Officials of the European Union may offer Hungary financial compensation in return for supporting the EU's sixth sanctions package, named... 2022.05.12.
Press Roundup: Could Hungary Get Financial Compensation for Phasing Out Russian Oil? Before leaks or rumours spread about substantial compensation to be paid to Hungary for its vote on the ban of... 2022.05.12.
Foreign Min Calls for Pipeline Deliveries to Be Exempt from EU Oil Embargo Hungary's government is calling for pipeline deliveries to be exempt from the European Union's planned sanctions on Russian energy deliveries,... 2022.05.11.
Croatia Summons Hungary’s Ambassador to Zagreb over PM Orbán’s Statement Hungary's ambassador to Zagreb, Csaba Demcsák, was summoned to the Croatian Foreign Ministry on Tuesday to explain Prime Minister Viktor... 2022.05.11.
Hungary Annual Inflation Hits 21-Year Record in April Consumer prices in Hungary grew by an annual 9.5 percent in April, up from 8.5 percent in the previous month,... 2022.05.10.
