Hungary

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Hungary reaches gas compromise at EU summit in Brussels

Hungary reaches gas compromise at EU summit in Brussels

On Saturday, the head of the office of the Hungarian Prime Minister, Gergely Gouyash, informed that the Hungarian government is satisfied with the results of the EU summit, which took place this week in Brussels. The countries managed to reach a …

Hungary’s inflation surpasses 20%

Hungary’s inflation surpasses 20%

A sharp increase in consumer prices for electricity, gas and food products was noted in Hungary in September, the country's Central Statistical Office reported. So, last month, inflation reached 20,1% year-on-year, which …

Hungary and Serbia to build pipeline for Russian fuel supplies

Hungary and Serbia to build pipeline for Russian fuel supplies

Hungary and Serbia agreed to construct a pipeline between the two countries so that Russian oil from the Druzhba oil pipeline can be supplied to Serbia via Hungary, official spokesman of the Hungarian government Zoltan Kovacs said on Monday. …

Hungary manages to exclude pipeline oil from price cap

Hungary manages to exclude pipeline oil from price cap

During Tuesday’s meeting of EU representatives, Hungary managed to exclude pipeline crude from the proposed price cap on the Russian oil, Hungarian Foreign Minister Peter Szijjarto said. "A meeting of [EU] permanent …

European parliament: Hungary is no longer full democracy

European parliament: Hungary is no longer full democracy

Hungary can no longer be considered a full democracy, the European parliament has said in a powerful symbolic vote against Viktor Orbán’s government. In a resolution backed by 81% of MEPs present to vote, the parliament …

President of UN 77th General Assembly sworn in

President of UN 77th General Assembly sworn in

Hungarian diplomat Csaba Korosi was sworn in as the President of the 77th UN General Assembly, which will open in New York on Tuesday. Korosi vowed to perform his duties in the best interest of the UN, in accordance with the UN Charter …

Budapest: Europe has only Turkish Stream left

Budapest: Europe has only Turkish Stream left

Today, Hungarian Foreign Minister Péter Szijjártó stated that the only reliable source of Russian gas in Europe today is the Turkish Stream, leading from Turkey to Greece, Bulgaria, Hungary and Serbia. "It is …

Hungary hopes to receive green energy from Azerbaijan

Hungary hopes to receive green energy from Azerbaijan

Hungary is planning to receive the supply of 'green' electricity from Azerbaijan, Minister of Foreign Affairs Peter Siatro said. According to him, the current situation clearly shows the importance of exploring new energy …

Hungary ramps up gas purchases from Russia

Hungary ramps up gas purchases from Russia

The Hungarian Foreign Ministry said that Russia’s Gazprom began to supply gas above levels stipulated in the contract, the head of the Hungarian Foreign Ministry, Peter Szijjarto announced, following the results of negotiations in …

Ukraine halts Russian oil flows to Europe

Ukraine halts Russian oil flows to Europe

Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russia's Transneft said on Tuesday. Flows along the …

FC Qarabag draw 1-1 with Hungarian Ferencváros in Baku

FC Qarabag draw 1-1 with Hungarian Ferencváros in Baku

Azerbaijan’s FC Qarabag played out a 1-1 draw against Hungary’s Ferencváros in the first leg of the UEFA Champions League third qualifying round encounter. It was the visitors who took the lead inside Tofiq Bahramov …

Hungary expects gas deal with Russia this summer

Hungary expects gas deal with Russia this summer

Hungary expects to sign a deal with Russia on additional gas shipments of 700 million cubic metres by the end of summer, Prime Minister Viktor Orban told state radio on Friday. "Hungary will have enough gas," Orban said. …

Hungary wants to increase Russian gas imports

Hungary wants to increase Russian gas imports

The Hungary’s Government would to increase natural gas deliveries from Russia, Foreign Affairs and Trade Minister Peter Szijjarto on Thursday. "I would to talk and agree today upon the increase in already available volumes of …

Hungarian lawmakers move to curb power of EU Parliament

Hungarian lawmakers move to curb power of EU Parliament

Hungary has moved to curb the powers of the European Union Tuesday. Lawmakers in the country passed a resolution calling for the power of the EU Parliament to be reduced, claiming it had brought European democracy into a "dead …

Hungarian PM: anti-Russia sanctions do not help Ukraine

Hungarian PM: anti-Russia sanctions do not help Ukraine

The European Union has "shot itself in the lungs" with ill-considered economic sanctions on Russia, which, unless rolled back, risk destroying the European economy, Hungarian Prime Minister Viktor Orban said on Friday. …