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.

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

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 on the environment.

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 might be held by terrorist organization and requested assistance from Qatar in facilitating their prompt return.

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.

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.

The analyst emphasized that a severe economic crisis has unfolded in Germany, partly due to the misguided sanction policy and the energy crisis resulting from the shutdown of nuclear power plants.

With the daily flights, the airline’s parent company, China Eastern Airlines, aims to provide even better connectivity between Budapest and Southeast Asia, New Zealand, and Australia.

László Botka, the mayor of Szeged, called the signing historically significant for both the city and Hungarian economic history. He welcomed the close cooperation between the Szeged local government and the government on the matter, saying that the common goal is the quick construction of the factory.

The Budapest pass will remain valid throughout the entire capital, and starting from 1 March BKK will accept monthly passes for Pest County and national passes on its routes.

The agency expects substantial foreign investments in battery production to further attract funding, leading to increased job creation, technological advancements, and enhanced exports. Scope Ratings emphasized that Hungary’s BBB credit ratings are reinforced by the robust structure of external and public liabilities.

Both Minister of EU Affairs János Bóka and MP and former Minister of Justice Judit Varga have strongly asserted that Hungary will not give in to the EU’s ‘blackmail,’ and will not approve additional funding to Ukraine through a common loan under the threat of additional EU funds being withheld.

US Ambassador to Hungary David Pressman gave two recent interviews to the British press. He criticized Hungary’s foreign policy in both of them, claiming that it was based on ‘fantasy’—Hungarian MP and State Secretary Tamás Menczer has responded to the criticism.

In his remarks at an economic conference held in Sopron on Saturday, Government Commissioner for the Development of Modern Settlements Alpár Gyopáros emphasized the pivotal role of villages in shaping the future of Hungary, citing their ability to provide a quality of life and a sense of community that urban environments often lack.

The minister stressed the importance of maintaining disciplined fiscal policies this year, aiming for an annual average inflation rate of around 5 per cent. He firmly asserted that until the inflation rate returns to a more moderate range, fiscal spending should be limited.

Serbia’s Minister of Defence and Deputy Prime Minister, Miloš Vučević, expressed gratitude for Hungary’s consistent support for Serbia’s path to European Union membership. He emphasized the strategic partnership and an exceptional relationship, almost surpassing mere friendship, between the two countries.

András Cser-Palkovics, the Mayor of Székesfehérvár highlighted the importance of having one of Europe’s largest talent development networks and communities present in Székesfehérvár. This presence will contribute to the city providing young people with state-of-the-art knowledge, keeping them in Hungary, or bringing them back from elsewhere, he underscored.

At a gala dinner in Gyula on Thursday, Katalin Novák mentioned that it was in Békés County that, for the first time as part of a county visit, she hosted a foreign head of government outside Budapest. The Moldovan Prime Minister, Dorin Recean, was received at Gyula Castle during his recent visit to Hungary.

The analysis highlights that the national consultation once again proved that Brussels, along with the continental and domestic liberal-left, is not in conflict with the Hungarian government but rather with the Hungarian people.

In a joint press statement with the Moldovan Prime Minister, Orbán described the eight years since Moldova signed the Association Agreement with the European Union as ‘offensively long’ and expressed hope that some of the lost time may be regained by speeding up accession negotiations.

Wilders announced on the social media platform X that he will be part of CPAC Hungary, expressing gratitude for the invitation from Miklós Szánthó and the Center for Fundamental Rights. The right-wing Dutch politician whose party won last year’s elections in the Netherlands, stated: ‘Proud to be there and speak!’

Nearly 16 million tourists spent over 41 million guest nights in Hungary last year, with the revenues of the hospitality sector seeing a double-digit growth, surpassing inflation.

Agriculture Minister István Nagy of Hungary met with his Chinese counterpart, Ma Youxiang, to discuss closer cooperation efforts between the two countries.

All indications suggest that Viktor Orbán and Volodymyr Zelenskyy may soon be sitting down at the negotiating table. The parties have a multitude of contentious issues to discuss, beginning with the rights of the Hungarian community in Transcarpathia.

The Turkish parliament approved Sweden’s application for NATO membership on Tuesday, leaving only the Hungarian ratification to stand in the way of the Nordic country’s full membership.

Having completed four successful races last year, covering a total of more than 777 hours on water racing, Szabolcs Weöres secured the 34th position in the qualification list for the Vendée Globe.

Spokesperson for the Ministry of Foreign Affairs, Máté Paczolay, stated: ‘The Ministry of Foreign Affairs and Trade responded to the threat immediately. We have informed our representations in Ukraine and the Special Forces in charge of [the minister’s] personal security as well. They are all doing their jobs.’

‘If we disrupt the triple unity of competitiveness, preserving the quality of our created world, and ensuring food security, then the system will not be sustainable. Farmer protests draw attention to the fact that access to agricultural subsidies is too difficult, and with the prioritization of Ukrainian interests, European farmers feel that they are not receiving sufficient protection,’ Agriculture Minister István Nagy stated in a press briefing in Brussels.

Szalay-Bobrovniczky emphasized the critical question of how many Hungarian youths choose to contribute in some form to ‘the extremely important cause of the homeland’s armed defence’.

Balázs Hankó underscored Hungary’s strides in scientific and educational excellence, noting that 12 Hungarian universities now rank among the top five per cent globally. He outlined ambitious goals, aiming for one Hungarian university to enter the world’s top 100 by 2030, with three making it into the top 100 institutions in the European Union.