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Ambassador of Hungary in Beijing Máté Pesti and State Secretary Levente Magyar with fellow Chinese statesmen at the opening ceremony of the China International Fair for Investment and Trade in Xiamen, China, 8 September 2024

Navigating Global Shifts: Hungary’s Connectivity Strategy in the Context of Shallow Multipolarity

‘By maintaining a flexible and multi-vector foreign policy, Hungary can remain a keystone state, mediating between various global powers while safeguarding its economic and strategic interests against the uncertainties of a shifting global order.’…
People pass by the logo of the Polish Presidency, at the Polish National Opera in Warsaw on 3 January 2025, before a gala to mark the official opening of the Polish presidency of the Council of the European Union

What the Polish EU Presidency Can Bring to European Energy Policy

Poland aims to prepare Council conclusions on a European energy security strategy in the next six months, with the main objective of its programme being to fully divest from fossil fuels from Russia….
One of the dragons from The Nine Dragons handscroll painted by the Song dynasty’s Chinese artist Chen in 1244 CE. Museum of Fine Arts, Boston, Massachusetts, USA

Is Peak China on the Horizon?

‘As China’s growth rate already lags behind major emerging economies in South and Southeast Asia, such as Bangladesh, India, Indonesia, the Philippines, and Vietnam, and is predicted to be less than half of most of these in the second half…

Balázs Orbán: ‘2024 was a lot better than the year before, but not as good as what we will see this year’

Political Director Balázs Orbán has talked to the Hungarian business site Portfolio.hu. In it, he expressed optimism about the incoming Trump administration ending the war in Eastern Europe, which would be very beneficial for the region’s economy. ‘If there is…

The Donald’s Great Comeback: the Election of 2024

President Trump, after overcoming multiple indictments, one conviction, and two assassination attempts, completed the Great American Comeback story and won the 2024 US presidential election, becoming the 45th and 47th President of the United States. He also delivered the first…

Government Action Spurs Wage Increases and Economic Optimism

In October 2024 Hungary saw a surge in wages, with the average gross income rising by nearly 13 per cent compared to last year. This growth, coupled with low inflation, marks the 14th consecutive month of significant real wage increases….
Deputy Foreign Minister Levente Magyar at the home of Hungarian American investor Tamás Péterffy in Palm Beach, Florida on 17 December 2024

Deputy FM: US Companies ‘Lining Up’ to Invest in Hungary

Hungarian Deputy Minister for Foreign Affairs and Trade Levente Magyar gave an exclusive interview to Breitbart, during which he discussed the prospects for economic and trade relations under Donald Trump’s second presidency. He revealed that, as he learned during a…
President of the European Commission Ursula Von der Leyen rings a bell to start the first meeting of the new College of Commissioners of the European Union in Brussels on December 4, 2024. (Photo by Nicolas TUCAT / AFP)

Reclaiming Europe’s Future Goes Through Bold Reforms

‘The leaders and politicians of our continent need to acknowledge a reality that the average European citizen has already discovered, namely, that Europe is on a dangerous path that will lead to total geopolitical irrelevancy and economic misery.’…

Viktor Orbán Discusses Peace Initiatives, Budget Plans, and International Diplomacy

This week’s Orbán interview on public radio showcased Hungary’s proactive approach to fostering peace, navigating global changes, and ensuring domestic stability. As the government looks to implement the 2025 budget, its commitment to supporting Hungarian families and maintaining sovereignty remains…

Fitch Ratings Confirms Hungary’s Economic Stability with Upgraded Outlook

Hungary’s creditworthiness received a boost as Fitch Ratings upgraded its outlook on Hungary’s IDR from negative to stable, and reaffirmed the country’s investment-grade rate. This aligns with Moody’s and S&P’s recent positive evaluations, reflecting strong investor confidence and robust economic…

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