Hungarian Conservative

The mandatory discount system together with the online price monitoring effectively contributed to the government’s goal of first reducing inflation to a single digit and then bringing it back to a low level of around 4 per cent.

Hungarian Prime Minister Viktor Orbán stated that Hungary intends to put forward a significant plan during its EU presidency called the European Competitiveness Pact. He believes that Europe’s biggest problem at the moment is the decline in competitiveness.

The European Union will support arms shipments to Ukraine using a portion of the frozen Russian assets. The foreign ministers of the Member States decided on this issue on Monday, excluding Hungary from the decision-making process. Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó described the decision as a ‘shameless disregard of European rules’.

In a hard-fought match, Hungary consistently appeared closer to taking the lead, with the opponent being saved by the goalpost once in each half. In the last moments of the ten-minute extra time, following a quick counter-attack, substitute Csoboth scored the decisive goal from a pass by Roland Sallai, keeping Hungary’s hope of advancing to the round of 16 alive.

According to Prime Minister’s Political Director Balázs Orbán, the EU presidency is an opportunity that can be utilized to make Europe stronger and to represent Hungarian national interests as effectively as possible at the EU level.

Ambassador Orsolya Zsuzsanna Kovács, who has been serving as the diplomatic envoy of Hungary in Warsaw since 2017, has been awarded the Order of Polonia Restituta Commander’s Cross by President Andrzej Duda of Poland.

A film drama about taxi hyenas; a documentary about one of the greatest masters of Hungarian animation, Attila Dargay; a feature film about a doctor working in an intensive care unit; and an experimental short film titled Flódni have received production support from the television committee of the National Film Institute (NFI).

According to Prime Minister Viktor Orbán, Hungary will gain significant economic benefits by participating in the transformation of German industry. He believes that both Germans and Hungarians have a vested interest in the interconnectedness of the global economy.

On Thursday Minister for National Economy Márton Nagy held a special meeting with representatives from SK ON Hungary and CATL Debrecen, two of the largest and most influential high-tech battery industry companies. The parties reviewed the international situation of the battery industry related to the electric vehicle sector, with particular emphasis on its European context, as well as the challenges facing the sector and the opportunities within the green transition.

Among the Hungarian wines entered, the jury awarded one Best in Show title, four platinum medals, thirteen golds, fifty-six silvers, and sixty-seven bronzes.

Barna Pál Zsigmond went on Hungarian public media to talk about Hungary’s upcoming presidency of the Council of the European Union. He named restoring Europe’s economic competitiveness and advancing the Western Balkan nations towards EU accession as the administration’s two major agenda points for the six-month presidency.

The Gloster Group announced on Wednesday that it won BMW’s €15 million industrial software development contract through a multi-round international tender.

The 35-year-old suspect, apprehended in Vértesszőlős, Hungary never physically handled the drugs, he only acted as a middleman on the dark web, making a profit from a turnover of around 100 million HUF (€250,000), which he used for buying property.

Examining the performance of the first five months of 2024, Hungary also ranks among the top in the spread of clean and quiet vehicles. From January to May, nearly one and a half times more purely electric cars were registered in Hungary compared to the same period last year.

After a 3–1 loss to Switzerland and a 2–0 loss to Germany, Hungary sits pointless at the bottom of Group A at Euro 2024. However, they can still advance to the Round of 16, if they manage to beat Scotland by multiple goals on Sunday.

The famous Hungarian ice cream and gelato chef, winner of the Gelato Festival 2024, runs the Fazekas cake shop in the 16th district of Budapest. He was placed #2 in the same ranking in 2022.

Fitch Ratings confirmed Eximbank’s investment-grade rating. The bank’s senior unsecured bonds also received a ‘BBB’ rating. The bank’s international rating matches Hungary’s sovereign rating due to EXIM’s statutory full faith and credit guarantee provided by the Hungarian state, as noted by the agency.

According to the graphic shared by the Prime Minister’s political director Balázs Orbán, Hungary’s slogan will be ‘Make Europe Great Again,’ or ‘MEGA’ for short, for the upcoming presidency of the Council of the European Union. This is an obvious allusion to US President Donald Trump’s campaign slogan ‘Make America Great Again,’ which he is using for his presidential campaign as well.

Nándor Németh excelled in the second heat of the 100m freestyle with an impressive time of 48.05 seconds. Németh’s performance was only surpassed by Romanian star David Popovici, positioning Németh third, and Olympic champion Kristóf Milák fourth.

In tribute to the two Hungarian Nobel laureates, biochemist Katalin Karikó and physicist Ferenc Krausz, the Hungarian National Bank (MNB) released silver coins with a face value of 7,500 forints and base metal coins with a face value of 3,000 forints as part of their series honouring Nobel laureates of Hungarian descent.

Gergely Kovács, the newly elected Budapest 12th district mayor of the Two-Tailed Dog Party, has vowed to remove the statue of the mythical turul bird located in the vicinity of the mayor’s office. He cited the monument’s connection to Nazism as his reason—however, not many other people see that connection.

The new law was adopted on Tuesday, with restrictions coming into force in Hungarian schools as of 1 September. The legislation has created a unified regulation regarding items that cannot be brought onto school premises and those that can be brought in but whose use is restricted. The range of items in question will be regulated by a subsequent decree, but the law primarily concerns smart devices and mobile phones.

Orbán seems to have reached a compromise with exiting Dutch PM Mark Rutte about the latter’s NATO SecGen candidacy. But as for nominating von der Leyen again as next Commission President, Orbán, did not mince his words last night. He declared on X that ‘the will of the European people was ignored’ on Monday evening, and stated that the EPP eventually teamed up with ‘the socialists and the liberals’.

Péter Szijjártó held a joint press conference with his Israeli counterpart Israel Katz this Monday, where they discussed the horrific attack on Israel by the terrorist group Hamas on 7 October 2023, as well as the subsequent increase in antisemitism in the West.

Although the outcome was not what Hungarian fans had hoped for, the national team’s first group match against Switzerland at the tournament in Germany was still exceptionally popular.

Last year, the rental prices for centrally located properties in Budapest increased by 17 per cent compared to 2022, placing the Hungarian capital in the mid-range among EU capitals. The survey examined the rental prices of flats typically used by expatriates, that is, the prices of well-maintained, well-equipped central apartments, either built or significantly modernized in the past ten years.

According to a statement from the Hungarian Ministry of Foreign Affairs and Trade, at the Ukraine peace summit on Sunday Szijjártó highlighted that he represents a neighbouring country to Ukraine, one that has lived in the shadow of war for nearly two and a half years, and has directly faced the humanitarian consequences of the conflict.

The preparatory work lasted three years, while the filming took one year. Director Orsi Nagypál mentioned that reading the foundational novels written by Hungarian contemporary author Mór Bán on the 15th century military leader John Hunyadi, known as the Turk-buster, allowed her to work more authentically and portray the characters’ living conditions and customs more vividly.

Hungary’s performance greatly improved in the second half, but it was not enough to level the scoreline, which ended 3–1 to Switzerland. In the group’s other game Germany easily beat Scotland 5–1 in the tournament’s opening match last night.

Manfred Weber, President of the European People’s Party, stated that the door is open for new opposition leader Péter Magyar’s party to join the European Parliamentary political group, but that he is not the sole decision-maker. The Hungarian Christian Democratic People’s Party (KDNP) has announced that it will leave the EPP if the Tisza party joins the group.