Despite the sanctions and the war driving up energy prices, the Hungarian measures to combat inflation and price increases are undeniably working. While EU countries scramble to look for new avenues to import electricity and gas, the Hungarian plans and contracts have managed to keep energy prices at affordable levels for citizens.
Hungary and Slovakia recently signed a cooperation agreement on nuclear energy with the goal of coordinating research between the two countries and making joint efforts to apply the latest technologies.
According to the Center for Fundamental Rights, while Orbán argued for the defence of Hungary’s political, economic, and cultural sovereignty in his remarks, it became apparent from the words of the former prime minister, Ferenc Gyurcsány that defending the nation’s self-determination is not a political goal for him—which was his downfall after 2006 as well.
The credit rating agency expects a three per cent economic growth in Hungary next year, supported by strong exports, a high investment rate, and rising real wages.
Enumerating the factors strengthening the positive outlook for the economy, the Hungarian finance minister stated that the country’s export performance is very good, and in terms of population, Hungary ranks 94th among the countries of the world, while it stands at 34th place in terms of export indicators.
The Christian Democratic Union in Germany has shifted to the left in recent years, which does not seem to be working out for them, while the far-right has got stronger. Can a change of leadership and incoming conservative Secretary General Carsten Linnemann reverse course? An analysis by Bence Bauer, head of the German-Hungarian Institute for European Cooperation at MCC.
The 2024 budget is a defence budget because during times of war, Hungary needs a budget that guarantees its security, protects families, pensions, jobs, and reduces utility costs, the Hungarian finance minister stated in parliament on Tuesday.
Hungary and Bangladesh belong to the peace-loving global majority, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó said in a joint press conference with Bangladeshi Commerce Minister Tipu Munshi in Budapest on Friday.
While last September, only 40 per cent were satisfied with the transformed utility cost reduction scheme, by March this year the same number rose to 49 per cent. Additionally, the percentage of those dissatisfied dropped from 52 to 44 per cent, the data shows.
Last week’s invitation of the French President shows that despite Hungary having disputes with the European Union and the EU funds due to our country are being withheld, the Hungarian Prime Minister is not at all an isolated actor in European political life.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.