Former President of Hungary Katalin Novák announced in early September that she will take on new responsibilities, continuing to address global demographic challenges as co-founder and co-CEO of the non-profit organization XY Worldwide. Novák recently met with Elon Musk and Giorgia Meloni, where they discussed the possibility of the American billionaire supporting her new initiative.
The Night of Modern Factories returns for its eighth edition on 8 November 2024, offering both personal and online experiences. Organized by a nonprofit organization in collaboration with the Ministry of National Economy, the event highlights how modern technology is reshaping production processes, allowing visitors to explore cutting-edge innovations in automation, robotics, and Industry 4.0 across Hungarian factories.
To support families who are raising or planning to have children, the government will introduce a new measure from 1 October to make it easier for self-employed people who opt for special taxation as well as for primary agricultural producers to claim the CSOK Plus and the Rural CSOK loans, and the baby expecting subsidy. The aim is to make these benefits more accessible to self-employed people. In their case, banks used to take only 10 to 20 per cent of their income into account when assessing their loan applications but will now be obliged to recognize at least 50 per cent of their earnings.
Users on X (formerly Twitter), corporate and private alike, were captivated by the images of the recent flooding of the Danube River in Budapest, Hungary. Photos of the flooded capital city spread across the social media site. Thankfully, the water levels have come down to normal since, and the flooding passed with no loss of human life.
As Minister for EU Affairs János Bóka also emphasized on 24 September, the Hungarian government is aware that the Commission has other tools at its disposal to deduct the sum. Despite not being willing to pay the fine, Budapest aims to engage in a ‘constructive way’ with Brussels to ensure compliance with the ECJ ruling. Minister Bóka also said Hungary was looking into ‘legal possibilities on how certain expenses incurred in the protection of the border could be offset’ against the penalty.
‘Hungary may well find, as Australia has, that trade and investment with China can create long-term vulnerabilities as well as immediate economic benefits. After Australia called for a transparent international enquiry into the origins of the Wuhan virus, the Beijing government imposed bogus safety bans on some $20 billion worth of our exports. Despite the Australian government’s attempts to “normalise” relations, there’s now routine harassment of Australian ships and planes exercising freedom of navigation in the areas Beijing wants to dominate.’
The European Commission is allocating approximately €10 billion in aid to flood-affected countries in Central and Eastern Europe, but Hungary is notably absent from the list. The reason is somewhat paradoxical: Hungary has been so effective in its protective measures that the resulting damage is expected to fall below the threshold required to qualify for the EU Solidarity Fund.
In his speech at the Ludovika University campus in Budapest Prime Minister Viktor Orbán said Hungary has taken over the rotating presidency of the EU Council in uniquely hard times. He warned about Europe’s decreasing level of competitiveness, and stressed Hungary’s need to remain economically neutral. He nailed down that Hungary needs to conduct itself on the new bipolar global economic stage based on its own national interests.
The European Court of Justice issued a €200 million fine, as well as additional fines of €1 million per day to Hungary for failing to comply with migrant quotas in June. Hungary has failed to pay up by the first deadline, so now the European Commission is looking to deduct the penalties from the EU funds due to Budapest.
While the 2024 travel season continues, Liszt Ferenc International Airport is already preparing for 2025, when it will celebrate its 75th anniversary with a series of special cultural events. The celebrations will not only commemorate the airport’s history but also honour the life and work of composer Franz Liszt, whose name the airport proudly bears since 2011.
At the InnoTrans 2024 International Transport Exhibition in Berlin Hungarian state railways MÁV, MÁV-START, and the Austrian Federal Railways (ÖBB) signed a cooperation agreement to enhance passenger and freight services. The agreement aims to reduce travel times on the Budapest–Vienna route and improve collaboration in technical areas, promising a faster, more efficient rail network by 2028.
Éva Voisin is an accomplished lawyer, founder of the Hungarian American Chamber of Commerce and the Honorary Consul of Hungary for Northern California since 1993. She was awarded the Officer’s Cross of the Order of Merit of Hungary in 2013, and is also the 2003 recipient of the Pro Auxilio Civium Hungarorum prize and numerous other awards for her pro-bono legal and civic activities.
A key factor in the European Union’s courting of new partners will be how it balances its ideological inclinations and the necessity of compromise for meeting its needs. The break from Russian sources has been seen by some as an opportunity to accelerate the conversion of the continent into a green energy-powered utopia.
Hungary has successfully fended off a significant flood, demonstrating the nation’s resilience and preparedness, the Hungarian prime minister stated yesterday. Speaking on commercial television TV2 Orbán praised the collaborative efforts of the state, local governments, water management experts, and security forces. He also highlighted Hungary’s geographical advantage, which allowed for timely preparations.
The 1924 Democratic National Convention was perhaps the most chaotic party convention in American history. One of the major issues was whether or not the potential nominees were willing to denounce the Ku Klux Klan. The fear was it likely would trigger a backlash from their voter base in the South. Eventually, the party did not issue a condemnation. After a record 103 ballots, and even some fistfighting, former West Virginia Congressman John Davis got himself the nomination.
Juan Antonio Samaranch Jr., Vice-President of the International Olympic Committee, gave an interview to the Hungarian news agency MTI, in which he discussed the prospects of a potential Budapest Olympics. He highlighted that the Hungarian capital has extensive experience in hosting international sporting events, making it unsurprising if Budapest were to submit a bid to host the 2036 Summer Games.
A recent report by Germany’s Tagesschau highlighted a growing trend of Germans relocating to Hungary due to dissatisfaction with their homeland’s liberal policies, particularly concerning immigration. Germans moving to Lake Balaton cite increased safety and alignment with Hungary’s conservative values, praising Prime Minister Viktor Orbán’s stance on foreign and domestic policies.
EU Member States are soon set to vote on the introduction of punitive tariffs on electric vehicles imported from China. In the informal vote held in July, only four member states opposed the measure, while 11 abstained. Now, it falls to Germany and Hungary to lead the effort to shift positions and prevent an unnecessary trade war with China.
Dorottya Baczoni, Rajmud Fekete, Gábor Megadja, and Gábor Csepregi took part in a captivating panel discussion at the Identity as a Political Weapon event hosted by Mathias Corvinus Collegium and XXI. Century Institute, talking about the sexual revolution that took place in the late 1960s in the capitalist West and the communist East.
Hungarian fashion and creative brands, including established names and emerging talents, took centre stage at Milan Fashion Week’s Budapest Select presentation. Held at Casa degli Artisti, the event showcased Spring-Summer 2025 collections alongside luxury cosmetics and design products, highlighting Hungary’s growing influence in international fashion and creative industries.
‘For those whose hearts beat on both sides of the Atlantic, the more productive consideration is what this election signifies for U.S.–Poland relations. Poland, like the United States, is bitterly divided between cosmopolitan urban areas and more conservative and religious exurbs and rural areas. After eight years of single-party Law & Justice rule, Polish conservatives are momentarily weak and banking heavily on a second Trump administration.’
In an earlier interview in the Hungarian media former Ukrainian Foreign Minister Dmytro Kuleba stated that ‘all issues in Hungarian-Ukrainian relations can be traced back to the Russian aggression’. On the other hand, he also noted the importance of Péter Szijjártó emphasizing his support for Ukraine’s territorial integrity and sovereignty. Therefore, it will be interesting to see what comes out of the planned meeting with Kuleba’s successor.
Prior to the start of Hungary’s current presidency of the Council of the EU, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó stated that the country plans to initiate the opening of a new chapter in accession negotiations with Serbia. This intention was also extended to the entire region, as the Hungarian foreign minister highlighted the country’s aim to hold intergovernmental talks with all five Western Balkan countries.
After months of negotiations MOL Group has finalized commercial agreements with its joint venture partners, Azerbaijani SOCAR and British BP, for the extraction of natural gas reserves in Azerbaijan. This positions the Hungarian oil and gas company as the third-largest shareholder in one of the biggest gas fields in the South Caucasus, the Azeri–Chirag–Deepwater Gunashli (ACG) field.
Hungarian Prime Minister Viktor Orbán stated on Monday that the country would soon be able to breathe a sigh of relief as the Danube flooding is nearing its end. He added that once the immediate threat has passed, public health measures will begin, and an assessment of the lessons learned from the flood protection efforts will follow; but discipline is still required in the remaining two days.
‘We are at the start of a new era of stilted social relations, endless jobsworths protecting themselves from liability, grindingly rigid hiring rules, untold chilling effects, and general sclerosis in the arteries of capitalism. “The more numerous the laws, the more corrupt the state,” said Tacitus. To which I would add: the more numerous the lawyers, the more inured the people.’
Olivér Várhelyi will be removed from his position as Commissioner for Neighbourhood and Enlargement and will, if confirmed by the EP, be serving as Commissioner for Health and Animal Welfare instead in the incoming EU Commission. EU Minister János Bóka congratulated him on his new assignment, while Foreign Minister Péter Szijjártó has criticized Brussels for the decision.
The Sakharov Prize for Freedom of Thought was established in 1988 and is awarded annually by the European Parliament. It is primarily given to individuals or organizations who have made outstanding efforts in the defence of human rights and fundamental freedoms. The prize is named after Soviet physicist, dissident, and political exile Andrei Sakharov. Thirty-four years ago the first recipient was Nelson Mandela.
The Entente Florale Europe competition, the awards ceremony of which was held on 7 September in Székesfehérvár, has been organized since 1975 with the aim of promoting European towns and cities while advocating for principles of liveability and sustainability. Hungary was the first Central European country to join the competition in 1990 and has consistently achieved excellent results since.
As part of the Researchers’ Night, visitors are invited on 27 September 2024 to discover the evolution of programmable pocket calculators and the development of handheld computers and smartphones at the John von Neumann Computer Society’s 1200-square-metre IT museum in the Szent-Györgyi Albert Agora in Szeged. Renowned private collectors, including experts from the Arithmomuseum, will deliver presentations during the event.