The Li-2 passenger plane of the Hungarian-Soviet Civil Aviation Corporation (MASZOVLET) with the registration number HA-LIA at Budaörs airport.

Criminals or Defectors? — The Story of a Hijacking in 1956

A short story of a group of desperate young Hungarians who in 1956, disillusioned with socialism, overpowered the passengers and the secret agent on a plane, successfully flew it to Germany, and the leaders of whom eventually became members of the US military.

Péter Szijjártó turns back on his seat to exchange a glance with Defence Minister Kristóf Szalay-Bobrovniczky.

Péter Szijjártó: The Danger of Escalating the War has Been Avoided

‘We have managed to make a decision that does not carry the risk of war escalation, and the member states have made it clear that Ukraine can only receive an invitation to join NATO if the country fulfils all the necessary conditions and if the allies unanimously agree on it in the future,’ the Hungarian foreign minister stated.

‘Hungarian Arms Into the Hands of Hungarians!’

With the recent large-scale build-up of the national defence industry, Hungary is not only ensuring its own military equipment supply, but also contributing to the development of European defence industrial capabilities and thus enhancing the EU’s security.

The Risk in Not ‘De-Risking’ with China

‘There is also a way to deal with the world’s largest economy, for the US Dollar (USD) is not going to decline anytime soon. Those who claim that the USD is in decline often argue that for centuries, reserve currencies have risen and fallen in tandem with their home economies. As the US’ share of the global economy diminishes, economists argue, so too will the USD and its global hegemony. A fascinating yet hardly conclusive argument since there has never been a dominant global reserve currency prior to the USD. Quite the contrary, the USD is the only currency ever to have played such a pivotal role in international commerce.’