Hungary plans to use small modular nuclear reactors as part of its energy mix, Foreign Minister Peter Peter Szijjarto said after holding talks with UK counterpart David Lammy.
Hungary’s central bank is poised keep its main interest rate unchanged for a fourth month after a spike in inflation.
Hungary's foreign minister said on Monday Budapest would "soon" see if it will get guarantees from the European Commission to protect its energy supply. EU foreign ministers are meeting in Brussels to try to overcome a Hungarian block on extending EU sanctions on Russia over the war in Ukraine.
Hungary's representatives have not yet agreed to a decision on the extension of EU sanctions against Russia. The issue will be considered at an EU Council meeting at foreign minister level on Monday,
Hungary wants the European Union to intervene in a gas dispute it has with Ukraine, a potential sign of friction in the bloc’s upcoming discussions over renewing sanctions against Russia.
Hungary wants the European Union to persuade Ukraine to resume gas transit from Russia to Europe, Prime Minister Viktor Orban said on Friday, signalling a tough debate as the EU seeks to extend its sanctions against Russia over the coming week.
Hungarian business confidence fell in January to lows last seen during the COVID-19 pandemic, economic think tank GKI said on Thursday, weighed down by deteriorating prospects in retail and services.
Hungarian Prime Minister Viktor Orbán, a key ally of Russia and a good friend of Donald Trump’s, took to X to congratulate the newly
Slovakia's Prime Minister Robert Fico, who has sought the resumption of Russian gas transit through Ukraine, will discuss the issue with European Commission officials on Thursday, his office said on Tuesday.
Hungary kept its main interest rate unchanged for a fourth month as a jump in inflation prevented a return to monetary easing for the recession-hit economy.
Thanks to the Hungarian EU presidency's determined efforts, Serbia's accession talks have recently gained momentum.