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February 1, 2024

Markets Dip after US Federal Reserve Decision, Hungarian National Bank Cuts Interest Rates Again

The Fed is not cutting the federal interest rate, and is keeping it at 5.5 per cent, the highest it has been since the early 2000s. Meanwhile in Hungary, the National Bank cut interest rates on 31 January….

EU Council Approves Ukraine Funding, Hungary’s Interests Protected

Viktor Orbán has lifted his veto on €50 billion in financial aid for Ukraine, relying on the guarantees provided by EU leaders….

A Politician Among the Farmers: An Image the Left is Terrified of

Similarly to the EU leadership, the Hungarian left tends to concentrate on issues of little concern for the people, and ignores the concerns of rural communities and farmers….

László Palkovics on Hungary’s Transition to Greener Transport Methods

Palkovics emphasized that approximately 20 per cent of Hungary’s energy mix is consumed in the transport sector, primarily relying on fossil fuels. This dependence poses a considerable challenge to transitioning towards sustainable, domestically producible energy sources that are less burdensome…

Zelenskyy’s Nearing End Game

Tensions are escalating between the political and military leadership in Ukraine, as press reports indicate that Volodymyr Zelenskyy attempted to dismiss Commander-in-Chief Valery Zaluzhny. The Ukrainian president’s room for manoeuvre seems to be diminishing, and he needs his European allies…

Photo Exhibition of 1970s–1980s Budapest Only Open for Couple More Days

Sándor Kereki took these intriguing photos as a teenager, and they remained unpublished for decades….
Co-Chairman of the Rubicon Institute Árpád Rácz welcomes the participants of the conference on Arab-Israeli relations on 27 January 2024.

Experts Discuss Arab–Israeli Conflict and Relations at Full House Conference in Budapest

At a recent Rubicon Institute conference in Budapest, historians and Middle East experts attempted to shed light on the complexities of the Arab–Israeli conflict and its regional and international contexts….
Péter Szijjártó with Qatari Finance Minister Ali bin Ahmed Al Kuwari in Doha on 31 January 2024.

Foreign Minister Discusses Purchase of Qatari LNG, Hungarian Hostages in Hamas Captivity in Doha

Péter Szijjártó welcomed the continuous development of bilateral economic relations and the breaking of export records. He also praised Qatar’s role in the release of some hostages abducted by Hamas, including three Hungarian citizens, and revealed that another Hungarian citizen…

Viktor Orbán Meets with Protesting Farmers and Holds Talks with Meloni and Macron in Brussels

The Prime Minister expressed concern about the lack of proper respect for agriculture as a crucial element of the European economy within the European Union. He criticized unfavourable regulations imposed in several countries, making the situation difficult for farmers….
Katalin Novák shakes hands with a soldier of the Hungarian contingent serving in the EUFOR ALTHEA mission at the Butmir military base near Sarajevo on 31 January 2024.

President Novák Talks West Balkan EU Expansion, Visits Hungarian-Led EUFOR Mission in Sarajevo

During her meetings, Katalin Novák expressed her support for the EU accession of West Balkan nations, visited the troops of the Hungarian-led EUFOR Althea mission, and discussed Hungary’s family support schemes….

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