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Viktor Orbán Announces New National Consultation to Demonstrate Support of Its Policies to Brussels

In his regular interview on public radio, the Hungarian Prime Minister pledged to defend Hungary’s borders, to resist pressure from Brussels aiming to change his government’s policies, insisted that Ukraine cannot win on the battlefield, and announced a new National…

Government Raises Housing Subsidies for Young Couples with New CSOK Plus Scheme

In the framework of the new CSOK Plus scheme, the state provides a loan of 15 million forints (EUR 38,960) for couples raising one child, 30 million for families with two children and 50 million for those with three or…

Government Commissioner Szilárd Németh Takes Firm Stand on Utility Cost Reduction and Universal Service

Németh recalled that since the introduction of utility cost reduction in 2013, Brussels has consistently and aggressively pushed for its termination, even though the programme has resulted in Hungarians paying the lowest household energy bills in Europe….

Minister Navracsics: EU Funds Likely to be Unlocked Soon

The minister explained that the negotiations’ next phase, according to plans, will commence this Thursday. The goal of the government is to start the financing of EU projects as soon as the negotiations regarding the authorizing of the release of…

Privatization of MÁV Vagon: A Major Transformation in Hungary’s Railway Vehicle Industry

Magyar Vagon Ltd. is affiliated with the President and CEO of MOL, Zsolt Hernáda, who, as of the 2023 edition of the list, is the seventh most influential individual in Hungary….

National Bank: Consumer Price Index Expected to Drop by 7–8 Per Cent

The director of the National Bank of Hungary (MNB) András Balatoni explained that the strict monetary policy, decreasing global commodity prices compared to last year, restrained consumption, and market-boosting measures by the government are increasingly exerting a disinflationary effect….
Foreign Minister Péter Szijjártó and Alliance President Krisztián Forró at the opening of a new border crossing between Hungary and Slovakia on 26 September 2023.

New Border Crossing Point Strengthens Hungarian–Slovak Relations

In his remarks Minister Szijjártó highlighted the extensive border shared by Hungary and Slovakia, spanning 654 kilometres. He noted that this border facilitated a record-breaking 17 billion euros in trade last year. Consequently, both governments consider it a strategic imperative…

The Most Important Task of the Government is to Control Inflation

Mihály Varga pointed out during the introductory economic policy roundtable discussion that the government has taken measures to reduce inflation risks, which have yielded results. This is confirmed by the analyses of major credit rating agencies, which are ‘filled with…

How Conservatism Can Make Democracy Work Again

Hyper-democracy is already here, it will grow stronger, and we are only starting to understand its profound effects. Some of them will be detrimental, others will open up new opportunities. This might appear overwhelming and unprecedented to some, but in…

No More Lecturing from the US: Foreign Minister Reacts to News of Efforts to Remove Trump from Election Ballot

’From now on, we don’t want to hear from the Americans about how democracy works here, how institutions function, or what the rule of law entails,’ Péter Szijjártó stated in Budapest on Thursday, commenting on the most recent developments in…

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