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economy

Insights into Battery Science and Environmental Responsibility on the Blue Planet Podcast

Áder noted that in Europe alone, 10 to 12 million cars are produced annually, and from 2035 onwards, only electric cars will roll off the assembly lines. This means that in Europe, 10 to 12 million batteries will be needed…

Viktor Orbán Discusses Success at EU Summit, Advocates for Peace in Radio Interview

Orbán told public radio that Hungary only consented to financial contributions allocated towards efforts to prevent the collapse of the Ukrainian state at the Thursday Council meeting. He said peace was the crucial issue as regards the war between Russia…

Hungarian Post Issues Year of the Dragon Stamp

The Hungarian Post issued its eleventh stamp series featuring motifs from the Chinese horoscope, celebrating the upcoming Year of the Dragon, which commences on 10 February….

Markets Dip after US Federal Reserve Decision, Hungarian National Bank Cuts Interest Rates Again

The Fed is not cutting the federal interest rate, and is keeping it at 5.5 per cent, the highest it has been since the early 2000s. Meanwhile in Hungary, the National Bank cut interest rates on 31 January….

Viktor Orbán Meets with Protesting Farmers and Holds Talks with Meloni and Macron in Brussels

The Prime Minister expressed concern about the lack of proper respect for agriculture as a crucial element of the European economy within the European Union. He criticized unfavourable regulations imposed in several countries, making the situation difficult for farmers….
Former President Donald Trump addresses his fans at a rally in Bedminster, New Jersey on 13 June 2023.

Peter Van Buren of The American Conservative: ‘Trump Will Win’

The columnist argues that, despite the best efforts of the liberal elite in the media to convince them otherwise, Americans widely disapprove of President Biden’s economic and immigration policies, which he is confident will be enough to propel President Trump…

German Discontent Rises Due to Centre-Left Government’s Policies

The analyst emphasized that a severe economic crisis has unfolded in Germany, partly due to the misguided sanction policy and the energy crisis resulting from the shutdown of nuclear power plants….

Leading European Agency Scope Ratings Endorses Hungary for Investment

The agency expects substantial foreign investments in battery production to further attract funding, leading to increased job creation, technological advancements, and enhanced exports. Scope Ratings emphasized that Hungary’s BBB credit ratings are reinforced by the robust structure of external and…

Finance Minister Stresses Importance of Maintaining Disciplined Fiscal Policies

The minister stressed the importance of maintaining disciplined fiscal policies this year, aiming for an annual average inflation rate of around 5 per cent. He firmly asserted that until the inflation rate returns to a more moderate range, fiscal spending…

Hungary Unconditionally Supports Moldova’s EU Membership, Prime Minister Orbán Affirms

In a joint press statement with the Moldovan Prime Minister, Orbán described the eight years since Moldova signed the Association Agreement with the European Union as ‘offensively long’ and expressed hope that some of the lost time may be regained…

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