Formula 1 CEO Stefano Domenicali praised Hungary for setting a global example with the renovation of the Hungaroring, calling the government’s investment and commitment a model for others during an exclusive interview ahead of the 40th Hungarian Grand Prix.
In April, Israeli PM Benjamin Netanyahu visited Budapest amid international controversy over an ICC arrest warrant. Hungary, rejecting the court’s legitimacy, announced its withdrawal from the ICC, later formalized in May. The ICC has since launched non-compliance proceedings, while Hungary claims the court is politically biased and vows not to cooperate.
Hungarian wineries continue to enhance their global reputation through dedication, innovation, and tradition. The Ministry of Agriculture awarded St Andrea Winery the prestigious Winery of the Year title for its long-standing excellence and family-driven legacy.
Hungarian police have dismantled a Budapest-based drug trafficking ring, arresting five suspects, including a teen who recently turned 18. Over 100 officers took part in the 21 July raid across multiple locations, seizing drugs, cash, and weapons.
‘We are no longer living in an age where mere export promotion or trade fairs are sufficient to stimulate economic growth. What Germany lacks is strategic positioning in a geopolitical context that has dramatically changed. That is where we step in. BWA Global Economic Network is Germany’s only institutional framework that consistently thinks in terms of economic diplomacy…’
Train services at Budapest’s Keleti Railway Station will be suspended from 25 August to 20 September for a major renovation project. The month-long closure will involve rerouted services, replacement buses, and extended travel times.
Esztergom will once again host MCC Feszt, one of Hungary’s most prominent intellectual festivals, kicking off Thursday with a diverse mix of public debates, lectures, and concerts. Headliners include Peter Thiel, Sebastian Kurz, and Dominic Cummings, with nearly 50,000 visitors expected, according to MCC Director General Zoltán Szalai.
Péter Szijjártó didn’t mince words in criticizing Ursula von der Leyen, calling her a diplomatic embarrassment and slamming the US–EU trade deal as a humiliating defeat for Europe. Speaking on the Warriors’ Hour podcast, he said the EU would now pay the price for eight years of insulting Trump.
President Trump has weathered many scandals during his political career. This time, however, it is coming from a different direction—not the mainstream media, but his own base. Will he be able to live down the Epstein files debacle?
The euro plunged to $1.1565 on 29 July, down 1.6 per cent since the US–EU trade deal was announced—despite Ursula von der Leyen calling it a ‘huge deal’. Markets, however, delivered their verdict: the agreement heavily favours Washington, leaving Europe with rising energy dependence and economic uncertainty.
Despite recent media speculation, the Hungarian government has confirmed that mothers raising four or more children will continue to receive full income tax exemption, with no changes to eligibility or scope, the Ministry for National Economy announced Monday.
The University of Szeged has signed a cooperation agreement with ContiTech’s Hungarian branches to launch joint research and innovation projects, strengthen educational ties, and promote industry-academia collaboration.
‘The week before last week, the interior ministers of six EU member states…and the European Commission’s migration commissioner met in Germany to agree on a common position on the future of European migration and asylum policy.’
Hungary is reaping major benefits from economic ties with China, FM Péter Szijjártó said, citing record-breaking exports, high-tech investments, and job creation. He emphasized Hungary’s leading role in attracting Chinese projects and promoting cooperation between East and West.
The US fast-food chain Wendy’s is reportedly seeking Hungarian franchise partners as it plans to return to the country after a 23-year absence. Wendy’s first entered the Hungarian market in 1994, operating up to seven restaurants at its peak, but exited in 2002 due to financial difficulties.
Coming off the box office disaster that was Disney’s new Snow White, Rachel Zegler could hardly get any new film roles in the United States. She did get cast in a London production of the musical Evita—however, at one of the shows last week, she had to abruptly leave during intermission for mysterious reasons.
Former President János Áder advocates for using food waste as biogas or insect feed to fight environmental damage and improve sustainability in Europe’s food supply. Hungarian firm Agroloop’s insect protein technology may offer a scalable solution.
After months of negotiations between Brussels and Washington, Ursula von der Leyen and Donald Trump announced a new EU-US trade deal. Though hailed as a success by the Commission President, the agreement disproportionately favours the United States, risking Europe’s strategic overdependence on Washington. Additionally, the deal delivers a serious blow to Hungary’s economy.
‘The EU accession of a country financially subjugated to Brussels would have far-reaching implications for the functioning of the Union. If Ukraine were to join the EU as a Member State, it would gain veto power in the Council, a Commissioner in the European Commission, and dozens of MEPs in the European Parliament—amounting to significant voting influence within EU institutions.’
Hungarian Prime Minister Viktor Orbán appeared as the first guest of a new political podcast, sharing insights on digital activism, the youth vote, internal polling, the EU, and migration, declaring the internet a battleground that must not be surrendered.
Xbox has reversed its decision to price The Outer Worlds 2 at 80 dollars, announcing the game will instead retail for 70 dollars. The change follows backlash from fans and marks a pause in the growing trend of higher prices for AAA video game titles.
A wave of backlash followed Zelenskyy’s move to strip Ukraine’s anti-corruption bodies of independence—prompting former Trump adviser Steve Cortes to argue that Kyiv is no longer a trustworthy partner. With public discontent rising in both Ukraine and the US, Americans’ sentiment of disengagement may strengthen.
‘Every industrial revolution—and we are in the midst of a new one led by the tech aristocracy—goes through motions that breed new speech and social contracts…The real lesson from this debate is for the new tech-right aristocracy to figure out how they want to wield their power to achieve that equilibrium.’
‘When people asked me whether I’m Hungarian or Argentine, I used to say: “I’m 50 per cent Hungarian and 50 per cent Argentine”—until I heard someone saying they were 100 per cent of both. Since then, that’s what I do, too.’
‘According to Zsanett, it is time to let go of romantic notions about indigenous life. Many Amazonian communities no longer have a mystical connection to nature…It’s quite astonishing that the woman who once learned traditional knowledge from Don Fidel and the others is now the one teaching it to the village’s children and adults.’
‘In recent years, relations between Middle Eastern and Central European countries have become increasingly close in the fields of investment, renewable energy, education, and technological cooperation. Under the “Eastern Opening” policy of Prime Minister Viktor Orbán, ties were significantly strengthened with non-Western countries…’
Hungarian Prime Minister Viktor Orbán, in his annual address at the Bálványos Summer Free University, known as Tusványos, warned of the growing threat of a potential world war. He also outlined Hungary’s neutrality doctrine, comprising five key pillars aimed at keeping the country out of armed conflict.
In its ‘Beyond the Óperencia’ series, Magyar Krónika is looking at the meeting points of America and Hungary, and at Hungarians in America, from penniless peasants to political emigrants and soldiers of fortune. In this part, let’s look at the adventurous life of Sándor Asbóth, a Hungarian emigrant, who came to a tragic end.
The 2025–2026 season of the Hungarian football league has just started: Újpest FC beat Diósgyőr 3–1 at home in the first game, with a great performance from Újpest striker Krisztofer Horváth.
At Tusványos 2025, leaders of Hungarian communities gathered to discuss ethnic minority rights, diaspora engagement, and regional geopolitics. From Ukraine’s demographic crisis to Serbia’s improving ties with Hungary, the National Policy Roundtable highlighted shared struggles and progress, featuring Deputy Prime Ministers Zsolt Semjén of Hungary and Barna Tánczos of Romania.