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MBH Investment Bank Launched in Attempt to Redefine Financial Frontiers

At the launch event, Finance Minister Mihály Varga highlighted that the combined market share of MBH and OTP, Hungary’s two largest banks, now far exceeds the share of foreign banks operating in the country….

Polish President Tasks Mateusz Morawiecki with Forming Government

Duda justified his decision to entrust Morawiecki with forming the government by stating that he is following the good parliamentary tradition, which gives the winning party the first opportunity to do so. He also mentioned that in accordance with the…
Hungarian Foreign Minister Péter Szijjártó leaving the Kazakh Ministry of Foreign Affairs on 3 November 2023.

Szijjártó Emphasizes Hungary’s Importance in the Organization of Turkic States

The growing threat of terror in Europe is a direct consequence of the migration policy forced by Brussels, which has resulted in parallel societies in a number of Western European countries, the Hungarian foreign minister said. He also noted the…

Hungary Launches Initiative to Attract and Assist Returning Expatriates

The Hazaváró (Welcoming Home) offices will offer not only information but also streamline various administrative processes for returnees, including matters related to pension payments, degree recognition, starting a business, and processing tax and residence card-related issues….
Viktor Orbán and President of the Republic of Kazakhstan Kassym-Jomart Tokayev on 2 November 2023 in Astana.

Viktor Orbán Discusses Economic Cooperation with Kazakh President

Viktor Orbán declared that Hungary’s energy supply is a key issue and noted that it is important for Hungary to be able to receive oil not only from Russia but also from Kazakhstan. He added that the volume of this…
Péter Szijjártó and Kazakh Foreign Minister Murat Nurtlau (R).

Szijjártó in Astana Warns International Community of World War Threat

Hungary’s interests lie in peace, the Hungarian foreign minister said, adding that this was the reason why the government considered it important to take part in the work of the OTS, as the Turkic states ‘always stand by peaceful settlements…

Fidesz MEP Shares Details About Upcoming CSOK Plus Scheme

CSOK Plus is an extremely favourable, state-supported loan for families planning to have children or for those who are wish to have more children. It can be used for the purchase of a first common home, or the expansion or…
An anti-Boko Haram demonstration in London in 2015.

State Secretary Attends Opening of Exhibition on Persecuted Christians in London

Speaking at the exhibition, Tristan Azbej highlighted that while Christian communities in the Middle East are still in a difficult situation, the persecution of Christians is most serious in western parts of Africa, with Islamic State and other jihadist groups…

Stellantis’ Major Investment in aiMotive Fuels Hungary’s Automotive Prowess

MFAT State Secretary Levente Magyar stated at a press conference on Monday that Stellantis, which owns fourteen automotive brands, has chosen Hungary as the hub for autonomous driving technology and electrification. ‘We are proud that Hungary…has become one of the…

Dreher Breweries to Invest Over 100 Billion HUF in Decade-Long Overhaul

Next year marks the 170th anniversary of Dreher Breweries, which will embark on its largest-ever investment programme, valued at over 100 billion forints, the most massive development in the history of Hungarian brewing….

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