Moody’s Ratings has reaffirmed the European Union’s top ‘Aaa’ credit rating with a stable outlook, underscoring the resilient support provided by highly rated member states. Despite challenges like the recent downgrade of France’s outlook, the EU rating is expected to remain strong, maintaining access to competitive financing.
According to the OIDAC’s 2022/2023 report, there was a 44 per cent increase in crimes against Christians in those two years. In 2022, OIDAC documented as many as 749 anti-Christian hate crimes. The report points out that there is a reasonable probability that the actual numbers are higher, due to limited reporting as a result of the crimes’ chilling effect on victims, and the lack of media coverage. OIDAC found that Christian converts of Muslim origin are particularly vulnerable to violence.
István Haller was a prominent Hungarian Christian politician in the first half of the 20th century. His book summing up his views on Christian politics is apparently paradoxical—it is both Christian-inspired and antisemitic. This combination illustrates the troubling tension that burdened the Christian national politics of the Horthy era in Hungary.
‘The question of what a Harris administration’s foreign policy would be is rather like asking a cat its views on quantum mechanics: you’re unlikely to get much clarity. There’s been a rather large absence of any discernible worldview to distinguish her from her boss, Joe Biden. Indeed, one might say her foreign policy is as elusive as the Hungarian summer—everyone has vague expectations, but no one is quite sure what it’ll look like when it finally arrives.’
An American sailor of Hungarian origin served on the Coral Sea, perhaps as a helmsman. He was probably the one to come up with the idea that the money originally collected for the crew’s Christmas presents be given to Hungarian refugees instead, and a total of 7,500 US dollars were thus donated to the refugee aid fund. It may have been the same serviceman to suggest that the crew form the message ‘May God help you’ in Hungarian on the deck. Unfortunately, the name and story of the Hungarian American sailor remain unknown.
‘We aim to draft a manifesto that sheds light on an alternative kind of capitalism—primarily beneficial for domestic business circles—which we refer to as “inclusive capitalism”. It is important to emphasize that our goal is not solely to outline inclusive capitalism but to formulate what we term “capitalism alternatives”.’
‘If the CDU is not careful, at some point in the future it will suffer the fate of the Italian Christian Democrats, who went from being a 40 per cent party to a small splinter party. And if the economy gets increasingly worse, as predicted, the AfD’s election results are likely to become even stronger. The cordon sanitaire will therefore not survive in the long term,’ AfD MP Joachim Paul told Hungarian Conservative.
In recent years the real estate market in Budapest has seen dramatic price increases. The price of newly built flats rose by 13.9 per cent within a year, reaching an average of 3,260 euros per square metre in 2023. Rental prices have also continuously risen: the average monthly rent per square metre increased to 11.3 euros, further exacerbating young people’s housing difficulties. Purchasing an average new build property in Budapest requires 10.4 years of gross average earnings, placing the city in the middle range in European comparison.
The online conference presenting the varied and numerous activities of the organizations of the Hungarian American community in North California was held on 25 October, following up on the first part of the event that took place on 27 September.
Esteban Vajda Széchenyi, born in 1923 as István Vajda in Nagykőrös, Hungary, was a prominent member of the Villa Rica community in the Central Jungle of Peru. Although he found a new home in the South American country, he preserved his Hungarian heritage throughout his life, and passed it on to his children and grandchildren as well.
The city, county, and military leadership got together in Székesfehérvár, Hungary to pay their respects to the fallen men and women of the Hungarian Defence Forces on All Saints’ Day, 1 November. Multiple wreath-laying ceremonies took place in different locations across the city on this solemn day.
‘The significance of All Saints’ Day extends beyond the flickering candle flames in cemeteries; it is a time for reflection—reflecting on our lives and remembering not only our departed loved ones but also the saints whom we may overlook at other times. It is an opportunity to seek their guidance during periods of trial and challenge, which is extremely important in our times.’
The Museum of Ethnography is set to present a special musical–literary programme series in collaboration with the band Anima Sound System this November and December. Featuring Zsolt Prieger and folk singer Bori Magyar, the performances promise a unique cultural experience that brings Szekler heritage and Hungarian folk stories to life for audiences of all ages.
The atrium of the Justus Lipsius building in Brussels, Belgium, the old headquarters of the Council, is hosting an exhibition of great Hungarian inventions in honour of the Hungarian presidency. The items on display include Ányos Jedlik’s dynamo, Dávid Schwarz’s airship, and, of course, Ernő Rubik’s Rubik’s Cube.
Hungary’s largest-ever village tree planting initiative, led by the Ministry of Agriculture, has reached a new milestone as 6,000 trees are to be planted this autumn across 317 communities. With 56,000 trees planted since 2020, the project aims to boost Hungary’s green areas and support climate resilience.
Chief Operating Officer for the Hungarian oil company MOL György Bacsa recently spoke to the Financial Times about Western powers trying to pressure Hungary into giving up Russian oil imports, while they themselves continue to buy refined oil from Türkiye and India, countries that are still refining Russian crude oil, essentially ‘laundering’ the energy import.
The atmosphere surrounding Viktor Orbán’s visit to Georgia remains charged, with Swedish Prime Minister Ulf Kristersson accusing the Hungarian Prime Minister of being pro-Russian. In response to this statement, the Hungarian Ministry of Foreign Affairs and Trade has summoned Sweden’s ambassador in Budapest.
‘The stakes in the upcoming election involve securing America’s borders, achieving energy independence, and revitalizing the economy to reverse inflation and job loss. A return to Trump’s policies will ensure national security, bolster the U.S. economy, and reinforce American strength on the world stage. Trump’s approach emphasizes “peace through strength” and aims to curb crime,’ Bryan Leib, Senior Fellow at the Center for Fundamental Rights told Hungarian Conservative.
The Budapest General Assembly has approved a comprehensive proposal package aimed at improving housing affordability, expanding the city’s affordable rental market, and optimizing existing real estate. The initiative seeks active involvement from both the central government and the EU’s structural funding.
From 29 November to 1 December, Art Weekend Budapest will bring art lovers on guided tours through more than thirty venues across the city, with a central theme exploring movement and motion. Free 15-20 minute exhibitions and talks await visitors along multiple daily routes, all marking the opening of Advent with creativity.
Protestants played an irreplaceable role in the formation of Hungarian literary language, as well as in the renewal of the language. It is no coincidence that Ferenc Kölcsey, who wrote the Hungarian National Anthem in 1823, was a student at the Reformed College in Debrecen for many years, just as it is no accident that it was in the same Debrecen, known as the Calvinist Rome, that the Hungarian National Assembly—headed by Lajos Kossuth, who hailed from a Lutheran small noble family—proclaimed the dethronement of the House of Habsburg on 14 April 1849.
MEPs of the newly founded right-wing populist Patriots for Europe political group in the European Parliament were invited to President Donald Trump’s highly anticipated rally at Madison Square Garden in new York City, New York. The Patriots in attendance shared a video on their X page, talking about their experience at the grandiose event.
On the eve of Reformation Day we are publishing the last instalment of our eight-part series on how the garments worn by Calvinist pastors evolved over the past five hundred years. Part VIII looks at the types of garments worn by Protestant ministers between the interwar period and the present day.
While the European People’s Party, led by Manfred Weber and Ursula von der Leyen, is conducting an unprecedented smear campaign against Hungary—centred around allegations of corruption—the number of corruption cases linked to the political group continues to grow. Most recently, Weber’s chief of staff has been placed under investigation by Belgian and EU authorities.
A recent study by Hungary’s National Media and Infocommunications Authority (NMHH) reveals that nearly half of teenage girls feel less attractive due to the idealised images they see on social media. The study, examining the social media habits of 13-16-year-olds, points to the need for fostering media awareness to help young people navigate online influences.
As part of a year-long Hungarian-Turkish cultural season, large-scale murals featuring Hungarian heritage and inventions were unveiled in Türkiye, the Ministry of Culture and Innovation announced. The artworks, located in Istanbul and Kocaeli Province, depict both the mythical Csodaszarvas and famed Hungarian inventions, symbolizing the countries’ shared cultural ties and history of innovation.
The new legislation that bans UNRWA from Israel follows extensive debates within the country. Members of the Knesset in favour of the ban have pointed out a disconnect between UNRWA’s mission and the agency’s actual impact. Israeli officials have described UNRWA’s operations in Gaza as ‘rotten’, underscoring doubts about the agency’s ability to provide impartial and effective services while the agency has long become corrupt, involved in the spread of radical ideas and terrorism.
In a drive to support families amid challenging global conditions, the Hungarian government plans to double the family tax allowance in two stages, maintain tax exemptions for families with four children, mothers under 30, and individuals under 25, and extend the reduced 5 per cent VAT rate on residential property sales until 2026, the Ministry of Finance announced. Beside leaving more money in the pockets of families, the new tax amendments also aim to curb the grey economy and reduce administrative burdens.
While President George W Bush enjoyed a record-high 90 per cent approval rating in the wake of the tragic 9/11 attack in 2001, his support dropped to just 25 per cent by October 2008. This was due to the eventual unpopularity of the Iraq war, but mostly, due to the 2008 financial crisis. Illinois Senator Barack Obama narrowly defeated former First Lady Hillary Clinton in the Democratic primary, then handily won the 2008 election to become the first black President in US history.
An in-depth interview with Zsolt Molnár, who emigrated from Transylvania, Romania to the United States, where he ran a successful business until a tragic accident happened. He fell from a roof and broke his spine, after which he had to find a new occupation: he ended up taking over the Bocskai Radio in Cleveland, Ohio, which he turned into a radio station for the local Hungarian community.