Moody’s Ratings has reaffirmed the European Union’s top ‘Aaa’ credit rating with a stable outlook, underscoring the resilient support provided by highly rated member states. Despite challenges like the recent downgrade of France’s outlook, the EU rating is expected to remain strong, maintaining access to competitive financing.
According to the OIDAC’s 2022/2023 report, there was a 44 per cent increase in crimes against Christians in those two years. In 2022, OIDAC documented as many as 749 anti-Christian hate crimes. The report points out that there is a reasonable probability that the actual numbers are higher, due to limited reporting as a result of the crimes’ chilling effect on victims, and the lack of media coverage. OIDAC found that Christian converts of Muslim origin are particularly vulnerable to violence.
The city, county, and military leadership got together in Székesfehérvár, Hungary to pay their respects to the fallen men and women of the Hungarian Defence Forces on All Saints’ Day, 1 November. Multiple wreath-laying ceremonies took place in different locations across the city on this solemn day.
Chief Operating Officer for the Hungarian oil company MOL György Bacsa recently spoke to the Financial Times about Western powers trying to pressure Hungary into giving up Russian oil imports, while they themselves continue to buy refined oil from Türkiye and India, countries that are still refining Russian crude oil, essentially ‘laundering’ the energy import.
The atmosphere surrounding Viktor Orbán’s visit to Georgia remains charged, with Swedish Prime Minister Ulf Kristersson accusing the Hungarian Prime Minister of being pro-Russian. In response to this statement, the Hungarian Ministry of Foreign Affairs and Trade has summoned Sweden’s ambassador in Budapest.
The Budapest General Assembly has approved a comprehensive proposal package aimed at improving housing affordability, expanding the city’s affordable rental market, and optimizing existing real estate. The initiative seeks active involvement from both the central government and the EU’s structural funding.
MEPs of the newly founded right-wing populist Patriots for Europe political group in the European Parliament were invited to President Donald Trump’s highly anticipated rally at Madison Square Garden in new York City, New York. The Patriots in attendance shared a video on their X page, talking about their experience at the grandiose event.
While the European People’s Party, led by Manfred Weber and Ursula von der Leyen, is conducting an unprecedented smear campaign against Hungary—centred around allegations of corruption—the number of corruption cases linked to the political group continues to grow. Most recently, Weber’s chief of staff has been placed under investigation by Belgian and EU authorities.
The new legislation that bans UNRWA from Israel follows extensive debates within the country. Members of the Knesset in favour of the ban have pointed out a disconnect between UNRWA’s mission and the agency’s actual impact. Israeli officials have described UNRWA’s operations in Gaza as ‘rotten’, underscoring doubts about the agency’s ability to provide impartial and effective services while the agency has long become corrupt, involved in the spread of radical ideas and terrorism.
In a drive to support families amid challenging global conditions, the Hungarian government plans to double the family tax allowance in two stages, maintain tax exemptions for families with four children, mothers under 30, and individuals under 25, and extend the reduced 5 per cent VAT rate on residential property sales until 2026, the Ministry of Finance announced. Beside leaving more money in the pockets of families, the new tax amendments also aim to curb the grey economy and reduce administrative burdens.
Hungarian President Tamás Sulyok held talks with Serbian President Aleksandar Vučić in Belgrade on Monday. The two leaders praised the improving relations between their countries in recent years, which encompass not only infrastructure and energy projects but also people-to-people exchanges.
For the first time since early August, President Donald Trump is leading the national polling aggregate by RealClearPolitics over Vice President Kamala Harris. His current lead is just 0.2 points. However, he was underestimated by pollsters in the popular vote in both cycles he ran, in 2016 and 2020 as well.
In September, Hungary’s tourism sector saw continued growth, with nearly 1.5 million guests spending 3.6 million nights across the country, a rise from the previous year. Driven by a 5.8 per cent increase in international visitors, tourism revenue surged by 20 per cent, bolstering both Budapest and rural regions, according to official data.
The Hungarian government has launched a national consultation under the title Hungary Can Do It, inviting citizens to voice their opinions on a new economic policy aimed at strengthening Hungary’s economy, boosting wages, supporting small businesses, and improving housing affordability.
The Asia-Oceania Working Group (COASI) had an informal meeting in Budapest, Hungary earlier this month, hosted by the Hungarian EU Presidency. At the event, experts discussed such pressing issues as the current political and economic trade collaboration between the European Union and the countries in the Asia-Pacific area, the Indian general election in June of this year, and more.
S&P Global Ratings has affirmed Hungary’s investment-grade rating at ‘BBB minus/A-3’ for both foreign and local currency debt, with a stable outlook. The agency’s assessment highlights Hungary’s economic resilience, forecasting steady GDP growth, ongoing disinflation, and medium-term fiscal consolidation.
The latest Századvég poll indicates that Fidesz–KDNP maintains a strong lead in Hungarian party rankings, with 40 per cent support among politically active voters. Tisza follows with 31 per cent, while the Our Homeland Movement and the joke party Two Tailed Dog hold 6 per cent each. Meanwhile, left-wing parties remain below the entry threshold for parliament.
The UK government has confirmed that from June 2025 single-use vapes will be banned in England and Wales. The legislation aims to target environmental waste and counteract the products’ growing appeal among youth.
Tamás Deutsch, the leader of Fidesz’s European Parliament delegation, has accused the MEPs of the largest Hungarian opposition party TISZA of backing the EU’s migrant quotas and opposing the payment of the €1 billion Hungary had requested from Brussels as reimbursements for protecting the Union’s external borders.
While the prospect of North Korean soldiers arriving at the front lines is alarming, there are already many foreign mercenaries fighting on the Russian side in Ukraine. Moscow has trained mercenaries near Aleppo, with at least 100 Syrians believed to have joined the Russian army. A couple of months ago, the government of Nepal has demanded the Kremlin stop recruiting Nepalese into its military. Since the Crocus City Hall terror attack in Moscow, the Kremlin has also been recruiting Central Asian migrants, presenting them with the option of either serving in Ukraine or being deported back to their countries.
Newly elected Budapest District XII Mayor Gergely Kovács has vowed to remove the local Turul monument, which is dedicated to the fallen soldiers of World War II, due to its connection to fascism. However, Minister of Construction and Transportation János Lázár prevented him from doing so by placing the statue under historic monument protection.
Hungary’s Prime Minister Viktor Orbán highlighted new government measures and plans regarding Hungary’s upcoming EU presidency, the Europe Summit, and recent Brussels policy interventions. He also addressed issues such as economic policy shifts and a national consultation on migration, speaking on public Kossuth Radio.
Hungarian Prime Minister Viktor Orbán met with his Montenegrin counterpart, Milojko Spajić, in Budapest, discussing shared goals in EU enlargement and enhancing bilateral trade. Orbán reaffirmed Hungary’s commitment to supporting Montenegro’s EU accession, while both leaders welcomed deeper economic ties, particularly in investment.
Budapest continues to dominate the list this year, with only one school outside the capital—Lovassy László Gymnasium in Veszprém—breaking into the top ten at tenth place, consistent with previous years. Schools excelling in foreign language instruction, especially bilingual institutions, tend to hold an advantage in the rankings, though other criteria like exam performance remain key.
The world premiere of the ten-part Rise of the Raven (Hunyadi) TV series was held at the Palais des Festivals et des Congrès in Cannes, France at MIPCOM, one of the most important annual events for the film, television and streaming industry. The sold-out screening was attended by the series’ creators as well as Hungarian and international stars and producers.
During his speech on the 68th anniversary of the 1956 Revolution and Freedom Fight, Prime Minister Viktor Orbán warned against foreign control, vowing to defend Hungary’s sovereignty. He emphasized the importance of national unity in the face of external pressures, and stated that Hungarians will not tolerate Hungary being turned into a puppet state of Brussels.
The second ministerial-level meeting of the EU accession conference with Albania was held in Luxembourg on 15 October. The aim of the meeting was to start accession negotiations with Albania and open Cluster 1; Tirana has thus taken another step forward on the road to European integration.
At a commemoration marking the anniversary of the 1956 Revolution and Freedom Fight on Wednesday, President Tamás Sulyok highlighted that Hungary’s sovereignty today is what the nation’s heroes fought for 68 year ago. Recalling the unity manifested during the revolution, the President stated that Hungarians are a people immune to inhuman ideologies.
Hungarian Prime Minister Viktor Orbán is scheduled to meet French President Emmanuel Macron on Tuesday evening in Paris, where the two leaders will discuss important issues concerning the future of the EU. The meeting serves as another rebuttal to EPP Leader Manfred Weber’s false claim regarding Hungary’s isolation in the European political arena.
‘The EU’s entire cooperation is being undermined by its flawed migration policy, and the migration pact must be scrapped,’ Hungarian Prime Minister Viktor Orbán emphasized after meeting with Slovak PM Robert Fico and Serbian President Aleksandar Vučić on Tuesday. The leaders’ discussions focused on strengthening regional cooperation to address the challenge of illegal migration.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.