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economy

The Election Defining Europe’s Future — Germany Heads to the Polls

Germany is set to hold parliamentary elections on Sunday, 23 February, which, given the country’s role in Europe, could redefine the future of the entire continent. After an extremely intensive campaign, Germans have two choices: punish the mainstream for years…

Orbán: ‘The economic and political battles of spring will define Hungary’s future’

Hungarian Prime Minister Viktor Orbán stated in a radio interview on public Kossuth Radio that his government’s budget strategy depended on the outcome of the US presidential election. He criticized foreign influence in European politics and reaffirmed Hungary’s commitment to…

Number of New Apartments Built Decreases in Hungary

According to recently released data by the Central Statistical Office (KSH), 29 per cent fewer new apartments were built in Hungary in 2024 than in the year prior. The total number of new apartments built was 13,295 in the country…

Viktor Orbán Discusses Russo–Ukrainian War with Tucker Carlson

Prime Minister Viktor Orbán of Hungary has sat down with famed American political commentator Tucker Carlson for an interview again, this time in Dubai, United Arab Emirates. They have covered a wide array of important topics, such as the influence…

Viktor Orbán: ‘We stand to gain a great deal from peace’

Hungarian Prime Minister Viktor Orbán has expressed optimism that a new US president committed to peace could end the war in Ukraine. Speaking on public Kossuth Radio, he emphasized Hungary’s long-standing peace strategy and highlighted the potential for major geopolitical…

BMW’s Debrecen Plant to Begin Production This Autumn, Boosting Hungarian Economy

BMW’s new factory in Debrecen is set to begin mass production this autumn, marking a major milestone for both the company and Hungary’s economy. With all necessary infrastructure completed, the plant will produce an all-electric model, reinforcing BMW’s transition to…

Orbán: ‘We must sweep the Soros network out of Hungary’

Hungarian Prime Minister Viktor Orbán predicts a strong and prosperous year, promising new opportunities for families and pensioners. Speaking on public radio, he discussed economic support measures, the significance of sovereignty, and his government’s stance on migration and international political…

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…
President of the European Commission Ursula von der Leyen gives a press conference at the EU headquarters in Brussels, on 29 January 2025

Is Europe’s Delusion Coming to an End?

‘Things sometimes get back to normal when they are already in a very bad place…But it seems that, both in its recognition of the need to strengthen competitiveness as an objective and in its sub-objectives, the Commission has moved from…

Hungary’s GDP Grows by 0.5 Per Cent in Q4 2024, Ending Recession

After two consecutive quarters of contraction, Hungary’s gross domestic product grew by 0.5 per cent in the last quarter of 2024. Compared to the data from a year ago, the growth was 0.4 per cent, better than originally expected by…

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