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Óbuda University Could Become a Driving Force in Hungary’s Economic Development

Speaking at the EU-PED Day of the university, on which all educators working in Hungarian-language tertiary education are celebrated, Mihály Varga reminded that the goal of the government with the transformation of higher education and the introduction of dual education…

Viktor Orbán Holds Talks with Deutsche Telekom CEO

Viktor Orbán and Timotheus Höttges agreed that digitalisation is a crucial factor for maintaining Hungary’s and Europe’s competitiveness, and the Hungarian government and Deutsche Telekom continue to consider each other strategic partners in this regard….

Szijjártó: Hungary-Israel Cooperation at All-Time High

During his joint press conference with his Israeli counterpart, Eli Cohen, Péter Szijjártó said the cooperation between the two countries has always been characterized by mutual respect. Hungary has always supported the right of the Jewish state to self-defence and…

€13 Billion In Frozen EU Funds Set to Be Released

State Secretary for European Affairs János Bóka is confident that about one-third, €13 billion, of the withheld EU funds will be received by Hungary by 2027. The London-based Financial Times, in a piece covering the contentious negotiations, seems to agree…

Consumer Protection: Over a Billion Forints in Fines Imposed

The Hungarian government has implemented measures to protect Hungarian families and businesses against high inflation. As a result, the inflation data in recent months indicate a systematic, continuous, and visible decrease in inflation….

Tibor Navracsics ‘Moderately Optimistic’ After Meeting the EP’s Budgetary Control Committee

According to the minister, representatives presented the delegation with the regulations and fundamental aspects of the spending of EU funds, followed by questions from the committee members. However, Navracsics noted that it was apparent the delegation had not read the…

EBRD Improves Forecast for Hungarian Economy

In its Tuesday report, the bank estimated a real growth of 0.4 per cent for 2023 and 3.5 per cent for 2024 in Hungary. The bank increased its estimate for the Hungarian Gross Domestic Product growth this year by 0.6…

Szijjártó: The EU Will Lose Out if it Views China as a Rival

‘If the European Union views China as a rival, it will lose out. It has become evident in recent years that China has a competitive advantage in many areas of the economy,’ the minister declared. He emphasised that if the…

László Kövér Strengthens Relations with South Korea

On the first day of his trip to Seoul, László Kövér emphasised that in 2020, 130 Korean companies employed 15,206 people in Hungary, and the Hungarian government has several strategic agreements with Korean companies….

Szijjártó Underlines Extremely Strict Environmental Regulations for Battery Factories

Péter Szijjártó emphasised that except for Germany and China, Hungary is the only country where all three German luxury car brands have factories, and three of the world’s top ten electric battery manufacturers are already present in Hungary….

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