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EU Tariff Showdown: Can Germany and Hungary Avert a Full-Scale Trade War with China?

EU Member States are soon set to vote on the introduction of punitive tariffs on electric vehicles imported from China. In the informal vote held in July, only four member states opposed the measure, while 11 abstained. Now, it falls…

Hungary Could Play Key Role in Republika Srpska’s Lithium Extraction

In 2022 Swiss-based ACORE discovered a rich lithium deposit near Lopare, a town in the northeast of Republika Srpska. Although the entity led by Milorad Dodik has not yet issued a tender for the extraction of the ‘white gold’, excellent…

PM Orbán: ‘Let’s make Europe competitive again!’

‘Hungary is preparing for an exceptionally active EU Presidency,’ Hungarian Prime Minister Viktor Orbán notes in an opinion piece published by the Financial Times. In the article Orbán outlines the priorities of the Hungarian EU Presidency, with a particular focus…

Chinese Electric Car Manufacturer BYD to Open Massive Plant in Szeged

BYD, the world’s leading electric vehicle manufacturer based in Shenzhen, China is opening a new factory in the southern Hungarian city of Szeged. Foreign Minister Péter Szijjártó has called it ‘one of the biggest investment projects in Hungary’s history’….

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