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An Iver Huitfeldt-class frigate of the Royal Danish Navy leaves the port of Korsør on 29 January 2024 for the Gulf of Aden to join the international task force patrolling the Red Sea.

Something Is Wrong with Europe

‘How are Europeans supposed to afford the welfare state and support migrants and pay for higher energy prices and pursue remilitarization and revive their economies on the same income without taking on any more undue debt, which is already considerably…

Brussels’ Climate Goal: Ambitious But Not so Clever

Brussels recently unveiled its climate target, adjusted in the wake of the farmer protests. However, the ambitious plan is still founded on a flawed approach: the EU is prioritizing mitigation over adaptation, imposing a greater financial burden on member states…
Péter Szijjártó with Qatari Finance Minister Ali bin Ahmed Al Kuwari in Doha on 31 January 2024.

Foreign Minister Discusses Purchase of Qatari LNG, Hungarian Hostages in Hamas Captivity in Doha

Péter Szijjártó welcomed the continuous development of bilateral economic relations and the breaking of export records. He also praised Qatar’s role in the release of some hostages abducted by Hamas, including three Hungarian citizens, and revealed that another Hungarian citizen…

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….

Hungarian Citizens Continue to Pay the Lowest Utility Fees in the EU

Speaking at the opening of an MVM customer service office in Nagykáta, Pest County, Zsófia Koncz emphasized that since 2013, the government has considered keeping the utility cost reduction programme in place a top priority….

Hungary Aims to Produce Fifty Per Cent of Electricity Sustainably by 2030

State Secretary of the Ministry of Energy Gábor Czepek told former President János Áder in the latest episode of the Blue Planet podcast that the Hungarian government’s goal is to produce at least 50 per cent of electricity sustainably by…

Hungary, Serbia, and Slovenia Forge Regional Electricity Exchange for Enhanced Energy Cooperation

The strengthening of the energy ties between the three neighbouring countries is set to enhance the efficiency and profitability of trading and reinforce Hungary’s energy sovereignty….

Green Vehicle Revolution: Hungary’s Surge in Electric Cars Doubles in 2023

Last year, 22,651 vehicles with official green markings were registered domestically, making 2023 another record year, surpassing the nearly 21,000-unit expansion peak in 2022….

Central and Eastern European Economies Begin 2024 with Stable Sovereign Credit Prospects, Reports Moody’s

According to the ten-page study by the international credit rating agency, the stable outlook is supported by the region’s expected robust macroeconomic performance. In addition, the economies of the countries in the region have been relatively resilient to the European…

Hungary Unveils Solar Programme Amendments for Green Energy Revolution

The recently launched Solar Energy Plus Programme, announced just a month ago, allows private individuals with privately owned residential properties, beneficial use rights, or leasing agreements to use non-refundable support for renewable energy sources. Thanks to the funding covering two-thirds…

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