Hungary
Hungary can join the euro area by 2030 without austerity, prime minister says
Peter Magyar says adopting the euro would provide a more predictable economic environment and strengthen fiscal discipline by limiting persistent budget deficits and high inflation.
Europe's June heat wave is most severe ever recorded — and the new normal
The heatwave that seared much of Europe in late June is officially the most severe ever recorded in the region, according to a rapid-attribution study published on June 26.
Can geothermal power Central Europe’s energy transition?
The appeal of geothermal power is strong in a region where the 2022 gas crisis exposed the strategic vulnerability created by dependence on imported fossil fuels.
Coal’s unexpected comeback on Middle East conflict energy security fears
The disruption to global energy markets caused by the conflict in the Middle East has triggered an unexpected resurgence in coal demand, as energy security fears outweigh Climate Crisis commitments.
The geothermal revolution beneath the streets of Szeged
Hungary's Szeged has become a laboratory for one of Europe’s most ambitious urban geothermal transitions.
Ahead of Nato summit with Trump, Ankara splashes paint on VIP route homes, detains hundreds
Security forces boost detention numbers by holding 44 bird watchers who crossed paths with a mining protest.
Europe's heat map is turning red due to annual heatwaves - IPCC
Villages in northern France have been sweltering this week as temperatures topped a record breaking 43°C in what is already clearly going to be the fourth hottest year in recorded history.
Hungary's Magyar makes push to remove president
Peter Magyar announced plans to remove President Tamas Sulyok through a constitutional amendment as part of a broader programme of political and institutional reform.
ORYNBAYEV: EU must trim Commission to strengthen global competitiveness
If the last twelve months have taught the European Union anything, it is that it must now stand on its own two feet. As economic pressures mount in an increasingly polarized world order, the EU must breathe new life into its struggling businesses.
Hungarian president suffers major setback as Constitutional Court sidelines petition seeking legal safeguard against his removal
Hungary’s President Tamas Sulyok has accepted a decision by the Constitutional Court of Hungary that effectively halted his attempt to seek constitutional protection against efforts by the prime minister to remove him from office.
Hungary nears exit from Article 7 procedure after Magyar-Metsola talks
Hungarian Prime Minister Peter Magyar and European Parliament President Roberta Metsola have agreed that the long-running Article 7 procedure against Hungary should be concluded by autumn 2026.
Foreign platforms drive growth on Hungary’s €6bn e-commerce market
Hungary's e-commerce market grew 9.3% y/y in 2025 and was ten times larger than a decade ago, according to PwC's latest E-toplist ranking.
Viktor Orban's childhood friend retains title of richest Hungarian
The combined wealth of Hungary’s 100 richest individuals rose by €3.9bn over the past year to a record €36bn.
Hungary's Futureal Gruop enters Baltic energy storage market with Latvian acquisition
The Baltic power system is undergoing structural change following the 2025 integration of Estonia, Latvia, and Lithuania into the continental European electricity grid.
Constitutional change shuts door on Viktor Orban comeback
Hungary's parliament approved a constitutional amendment imposing an eight-year limit on time served as prime minister.
Fidesz re-elects Viktor Orban as party leader despite election setback
Party congress signals continuity rather than strategic renewal for Fidesz, forced into opposition after four supermajority wins.
EU disunity deepens as foreign policy chief Kallas’ job comes under attack
France and Germany are discussing proposals for a radical overhaul of the EU’s 15-year-old diplomatic service and cutting the powers of EU foreign policy chief Kaja Kallas, in an attempt to improve the bloc’s response to geopolitical crises.
Hungary’s leading poultry processor to ditch €1bn investment, cut production without access to foreign labour
Master Good says its planned expansion in Hungary would be unfeasible under the government’s tightened foreign labour rules.
Chinese EV giant BYD quietly shelves plan for billion-dollar plant in Turkey
Confirmation of move comes after lawmaker revealed not a single shovel had hit the ground at the project site.
Hungarian government submits sweeping anti-corruption package in bid to unlock EU funds
The legislative package designed to meet so-called “super milestones” attached to the EU’s RRF, which have been withheld due to rule-of-law and corruption concerns.