High interest rates have taken a toll on the Hungarian housing market, as they have in virtually every country. The expanded CSOK programme by the Orbán administration can do a lot to revitalize the market, all the while incentivizing child bearing in the country.
Wizz Air has cancelled all flights to Israel until 15 November but is continuously reviewing the situation. The airline is in constant contact with Israeli, Hungarian, and international authorities, monitoring the events in Israel.
The government resolution to continue the development at Hungary’s most famous racing track, Hungaroring has been adopted. The next phase of the upgrade will bring the quality of the Mogyoród track to the expected level of Formula 1.
In the framework of the new CSOK Plus scheme, the state provides a loan of 15 million forints (EUR 38,960) for couples raising one child, 30 million for families with two children and 50 million for those with three or more children, at a 3 per cent interest rate, Minister of Culture and Innovation János Csák announced.
The Florida-based conservative commentator reminded all that Hamas has always had a tendency to use their own people as human shields with ‘their leaders in Doha, Qatar, living a lavish life right now’.
Speaking in the National Assemblyabout the possibility of a military mission being launched, Hungarian Minister of Defence Kristóf Szalay-Bobrovniczky explained that such a mission would only take place at the invitation of the Chadian president, and within this framework, a maximum of 200 soldiers would serve from the spring of 2024.
During her visit to Australia, President Novák discussed key demographic issues with former Australian PM Tony Abbott, met with Margaret Elaine Gardner, the Governor of Victoria State, and gave a lecture at the Australian Catholic University in Sydney. She also highlighted her Humanity Tuesdays initiative, which has been endorsed by Elon Musk.
In the statement, the MEPs said that the four left-wing groupings of the EP held a joint press conference on Monday at which Germany’s Green MEP Daniel Freund and Hungary’s left-wing MEP Katalin Cseh ‘repeated their usual false accusations and lies’ which, according to the Fidesz MEPs, had been repeated by ‘the Hungarian dollar Left led by Ferenc Gyurcsány in the recent period’.
According to local press and public police reports, the 53-year-old Hungarian man got into an argument with one of his friends’ brother in an apartment, who stabbed him to death. However, his mother, famous clinical psychologist Professor Emőke Bagdy is claiming these reports are bogus, and his son was the victim of an ambush robbery. The suspect is being charged with second-degree murder.
Katalin Novák stressed that one of the purposes of her visit to Australia was to keep the motherland’s connection with the Hungarian diaspora alive, and as part of the effort, she decided to celebrate the anniversary of the 1956 revolution with the Hungarian Australian community. The President attended a 1956 commemoration and delivered remarks at the Hungarian Centre in Melbourne on 22 October.
The Budapest Ballet Grand Prix is open to dancers aged 15 to 24 who consider dance to be their vocation. Participants from professional schools and ensembles can compete in three age groups in classical ballet and modern dance categories, both solo and pas de deux.
The building complex, designed by acclaimed Hungarian architect and designer Károly Kós and housing the most important Hungarian cultural institution beyond Hungary’s borders, will reopen on 26 October.
Foreign Minister Szijjártó said Israel has the right to take action over the brutal Hamas attack, underlining that ‘Israel does indeed have a right to self-defence.’ At the same time, the minister also noted that most countries want to avoid the escalation of the fight against terrorism into an interstate war resulting in ‘a real global security tragedy’.
The gross average monthly earnings for full-time employees amounted to 555,900 forints, surpassing the previous year’s figures by 15.2 per cent.
According to the Ministry’s statement, Minister Szijjártó spoke up during a meeting following the EU Foreign Affairs Council on the proposals regarding security guarantees for Ukraine. These proposals could provide €20 billion of support for arms shipments and the deployment of a training mission in Ukraine over the next four years.
Gazprom is making efforts to compensate for the losses in the European markets, which occurred following the Russian invasion of Ukraine, partly due to the explosions in the Baltic Sea pipelines of the Nord Stream project.
‘Living in a republic means striving to treat each other well,’ the mayor said, adding this was the kind of homeland the heroes of 1956 had wanted. He said the symbol of the revolution, the Hungarian flag with a hole, sent the message that unity was only possible if no one was being told, in the name of any ideology, how they ought to love their homeland.
Orbán told his audience in Veszprém that Hungary was the ‘first and only’ country trying to ‘hold back the European people from willingly marching into an even greater war’. Referring to the ‘chivalry of the Hungarian people’, he said that ‘again and again those whom we saved turn against us’ when ‘we are defending them’. He went on to state that Hungary had defended Europe against migration ‘and we were the first to propose peace instead of war, which might have saved hundreds of thousands of lives.’
On the 67th anniversary of the 1956 Revolution, we are launching a new section dedicated to the Hungarian diaspora. The first articles of the new section tell the stories of 1956er Hungarian Americans. We wish our Readers a sombre remembrance and a stimulating reading.
The Papp László Budapest Sports Arena will have a full house, with six tatamis set up. This time, 5,000 people will fit in the stands, and an additional 2,000 seats will be reserved for team members and coaches not currently competing.
While attending a meeting of European Union justice ministers, Minister Bence Tuzson spoke to journalists about a number of important issues, including the recent increase in the terror threat in Europe, the frozen EU funds due to Hungary, and the country’s upcoming Council of the EU presidency.
Németh recalled that since the introduction of utility cost reduction in 2013, Brussels has consistently and aggressively pushed for its termination, even though the programme has resulted in Hungarians paying the lowest household energy bills in Europe.
The goal of digital public administration is to transition citizens to online management of public affairs, promising speed, ease of use, and data security. A prerequisite for this is the synchronization and integration of relevant IT systems. IdomSoft, the company responsible for state digitalization in Hungary, collaborates with researchers from Pázmány Péter Catholic University.
On the margins of the Hungarian PM’s visit to Huawei’s headquarters in Shenzhen, Minister of Economic Development Márton Nagy and Gao Weijie, the CEO of Huawei Technologies Hungary and the Western Balkans Region signed a memorandum of understanding, further deepening the strategic cooperation between the Hungarian government and Huawei that began in 2013.
Both countries have cited the increased threat of terrorism as the reason for their new, stricter measures on border control.
At a campaign rally in Clive, Iowa on Monday, President Trump called PM Orbán ‘the strongest leader, a very powerful man,’ as well as ‘a great gentleman’.
According to György Bakondi, the new wave of terrorist acts shows that the warnings of the serious domestic security effects of illegal migration were very realistic: it is an objective fact that illegal migration and terrorism go hand in hand.
Prime Minister Viktor Orbán held talks with Wang Chuanfu, the founder and chairman of the world’s largest electric vehicle manufacturer BYD in Shenzhen. BYD believes that the introduction of competitively priced, modern electric vehicles in Hungary will be a turning point for sustainable transportation.
The effectiveness of the Hungarian-developed candidate drug has been confirmed by numerous studies conducted on various human cancer cell lines, and animal experiments on hormone-independent aggressive breast cancer models also clearly demonstrate its exceptional efficacy.
The Foreign Minister of Hungary stressed the importance of connectivity between the ‘interdependent’ Eastern and Western economies, and cautioned against dividing the world into political blocs again. On the same day, he also gave an update on the 15 Hungarian citizens still in Gaza.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.