Hungary
Hungary's Viktor Orban discusses energy issues with Erdogan in Ankara
Hungarian Prime Minister Viktor Orban met Turkish President Recep Tayyip Erdogan for bilateral talks in Antalya, which focused on energy issues and developing bilateral economic, military and defence cooperation.
Fidesz launches full-scale assault against Tisza Party MEP over EU funds suspension comment
Hungary's ruling party is seeking to deflect blame for the continued suspension of EU funds by singling out a recent remark made by Kinga Kollar, an opposition MEP of the Tisza Party.
S&P revises Hungary’s outlook to negative, citing stagflation risks and fiscal slippage
Standard & Poor’s has revised Hungary’s sovereign credit outlook from stable to negative, warning that increasing fiscal slippage and persistent inflation could threaten macroeconomic stability ahead of the 2026 parliamentary elections.
COMMENT: Could the US strike a deal to restart Nord Stream gas pipeline?
US President Donald Trump has made it clear that he wants to do business with Russia and tap into its vast raw material resources. But restarting the Nord Stream gas pipeline is the only US-Russian business project that looks viable.
UPDATE: Hungary blocks EU sanctions on Serbia's deputy PM
Vulin claims Hungary and Slovakia have blocked EU sanctions on him after he made a series of controversial remarks in the European Parliament earlier this week.
Hungary's leading retailer mulls contingency plan in wake of government-mandated margin cap
Hungary's second-largest retailer Spar, incurred a loss in 2024 for the third consecutive year, weighed down by windfall taxes and state-imposed price measures that have hit its bottom line.
US interim envoy flags energy diversification as key priority for Orban government in first public address
In his first public appearance in Budapest, US chargé d'affaires Robert Palladino stated that American diplomacy under a Trump administration would steer clear of "activism".
Hungary's Q1 budget deficit widens to 62% of full-year target, central bank warns of impact of trade war
Hungary's cash flow-based budget deficit reached HUF831.2bn (€2bn) last month, bringing the Q1 gap to HUF2.55 trillion, or 62% of the full year target, according to preliminary data from the National Economy Ministry.
Hungarian CPI posts surprise slowdown in March as fuel costs ease
Hungary's consumer price growth slowed more than expected in March to 4.7% (chart) from 5.6% from the previous month, marking the first decline after five consecutive months of acceleration.
COMMENT: US tariffs set to squeeze European corporate earnings across multiple sectors – Fitch Ratings
US President Donald Trump’s Liberation Day tariffs on European imports – set at 20% for EU member states and 10% for the UK – are poised to curtail revenue and profitability growth across several corporate sectors in Europe, according Fitch.
Hungary braced for blow from US tariffs as Audi, pharma and agri exports hit
Hungary's export-reliant economy is under growing strain as sweeping new US tariffs take effect.
Hungary says no to EU countermeasures targeting US products
Hungary has come out forcefully against European Commission plans to impose retaliatory tariffs on US imports, with Foreign Minister Peter Szijjarto warning that such measures would inflict economic harm on consumers and escalate tensions.
Waberer to double revenue and profit by 2031 with €400mn expansion drive
Waberer's International has unveiled bold plans to more than double its revenue and profit by 2030 targeting €1.7bn in sales and over €100mn in operating profit by 2031 and become Central and Eastern Europe's leading logistics group by 2027.
Hungary’s industry downturn deepens before tariffs come into play
Hungary's industrial output in February plunged to levels last seen during the 2020 Covid lockdowns, with official data showing an 8.0% year-on-year contraction after adjusting for calendar effects and an 8.7% (chart) decline.
Hungary steps up efforts to contain infectious foot-and-mouth disease
Hungary is deploying all available resources to combat a recent outbreak of foot-and-mouth disease, according to Agriculture Minister Istvan Nagy, who described the virus as a "terrible" threat to the country's livestock in a radio interview.
BALKAN BLOG: Putin’s ally pushes Bosnia to the verge of war
The international community will have to step up to prevent new clashes in Bosnia.
US tariffs could undermine Viktor Orban's dream of golden economic era with US
Hungary's heavily export-oriented, manufacturing-driven economy is among the more vulnerable EU member states in the transatlantic trade war, according to analysts.
Benjamin Netanyahu lauds Hungary’s support for Israel in ICC row, anti-Semitism fight
Israeli Prime Minister Benjamin Netanyahu praised Hungary's "remarkable" support for Israel and the global Jewish community during a joint press conference in Budapest.
ING: Trump’s Tariffs - Europe’s worst economic nightmare just came true
A US 20% reciprocal tariff on the European Union will hurt. It's worsened the eurozone's short-term outlook. Now, so much depends on European governments to push through with their planned fiscal stimulus and reforms to strengthen domestic economies.
Hungary to withdraw from International Criminal Court
Hungary will quit its International Criminal Court membership and will initiate the termination procedure "within the constitutional and international legal framework" on April 3.