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State of Emergency to be Extended by Six Months

According to the law sponsored by the justice minister, an extended state of emergency is needed to handle the humanitarian catastrophe caused by the war in Ukraine and to tackle the economic consequences of the armed conflict. The bill was…

Hungary and Serbia Prepare to Build New Oil Pipeline

‘Hungarian-Serbian strategic energy cooperation is one of the guarantees that Hungary’s supply will remain secure in the next period,’ the minister said….

MEP Calls on Brussels and the Left to Stop Thwarting Energy Storage Development

Fidesz MEP András Gyürk emphasised that creating modern energy storage facilities is a costly endeavour, so he called upon the European Commission to ‘provide immediate access to each member state to the funds they are entitled to.’…

Opinion Poll Shows Satisfaction With Utility Cost Reduction

While last September, only 40 per cent were satisfied with the transformed utility cost reduction scheme, by March this year the same number rose to 49 per cent. Additionally, the percentage of those dissatisfied dropped from 52 to 44 per…

Budapest Energy Prices Remain the Lowest in the EU

Budapest energy prices were the lowest among capitals that are part of the European Union. As far as Europe is concerned, prices were the lowest in Kyiv, Ukraine….

Péter Szijjártó Reaches Agreements in Moscow

The foreign minister emphasised right after winter, ‘in Europe, it is fashionable to strut about with great bravado these days,’ but the International Energy Agency recently issued an ‘ominous’ report indicating that the most severe difficulties are expected to come…

Hungarian Utility Costs Still Among the Lowest in Europe

The Finnish energy consultancy company VaasaETT recently issued a report that shows Hungarian utility costs to be the lowest in the entire EU….

Renewable Energy Powers More and More Facilities in Hungarian Cities

On his Blue Planet podcast, János Áder, former President of Hungary sat down to talk to the mayors of Kaposvár and Debrecen to discuss the progress the cities have made regarding their commitment to reduce their carbon footprint by 80…

Szijjártó in Belgrade: Our Gas Transit is Secure

Péter Szijjártó said the process of doubling the capacity of the gas interconnector between Serbia and Hungary by 2028 is on pace. With the two new nuclear power units at the Paks plant set to enter commercial operation in the…

As New Sanctions Threaten European Energy Supplies, Hungary Remains Exempt

On Sunday, the second phase of the sixth package of anti-Russia sanctions was introduced. The EU has now banned the import and re-export of processed petroleum products from Russia. The Hungarian government, however, managed to secure an exemption….

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