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Eastern opening

The Sources of Hungarian Conduct — Part III

‘While trade with Russia is usually condemned in principle, even Ukraine, the victim of Russian aggression, allowed the transit of Russian gas and oil to Europe for economic reasons until a few weeks ago. Politics can never escape economic and…
Viktor Orbán at a press conference in Moscow

The Sources of Hungarian Conduct — Part II

‘Given the loss of security and economic credibility of the Western powers in 2008–2009 from a Central European perspective, and the serious economic and energy security challenges Hungary was facing at the time, it was an understandable and legitimate step…
Hungarian Minister of Finance Mihály Varga speaks at a press conference in Budapest on 28 November 2024.

Viktor Orbán Nominates Finance Minister Varga as Governor of the Central Bank

Hungarian Prime Minister Viktor Orbán has nominated incumbent Finance Minister Mihály Varga to assume the role of Governor of the Central Bank of Hungary in March. The position will become vacant as the current governor, György Matolcsy, steps down after…
Hungarian PM Viktor Orbán at the Eurasia Forum in Budapest on 21 November 2024

PM Orbán: ‘We are the living idea of Eurasia’

‘Europe must break out of this echo chamber, find its place in its relationship with Asia, and recognize that it is part of the Eurasian region. It must leverage all the advantages this position offers, because without doing so, we…

Dubai Billionaire Khalaf Al Habtoor Praises Hungary, Hints at Potential Investments

‘The Hungarian government is open to both the East and the West. They do not adopt a political stance, which is commendable; it allows them to maintain open and honest relations with everyone and even forge friendships with all,’ Dubai…

László Kövér Hails Deepening Cooperation in Hungarian–Chinese Anniversary Speech

Hungary and China are celebrating the 75th anniversary of the establishment of diplomatic relations between the two countries in 2024. To mark the occasion a reception was held in Budapest, where House Speaker László Kövér stated that the deepening of…

Experts Dissect Hungary in the EU at Mathias Corvinus Collegium Roundtable

During a roundtable discussion organized by the Mathias Corvinus Collegium (MCC) on Thursday in Budapest, experts dissected Hungary’s role and opportunities within the EU. They agreed that one of the key topics during Hungary’s EU presidency should be the integration…

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