As Christmas approaches, experts warn of heightened cybercriminal activity and increasing online fraud. Representatives from financial, law enforcement, and victim support organizations highlighted the growing risks and prevention strategies at a conference in Budapest….
Prior to the start of Hungary’s current presidency of the Council of the EU, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó stated that the country plans to initiate the opening of a new chapter in accession negotiations with…
The strengthening of bilateral relations has led to increased participation of Hungarian companies in Uzbekistan. A notable instance of this involvement is the successful acquisition by OTP Bank of a majority share in Ipoteka Bank, the fifth largest bank in…
The Ukrainian government is working on blacklisting 14 products by the Hungarian pharmaceutical company Richter. Foreign Minister Péter Szijjártó believes that this has no professional basis, only political, and spoke up against the planned bannings at the EU foreign ministers’…
With increasing international pressure, Ukraine is set to abandon its list of ‘international sponsors of the war’. For a significant period, this list featured the largest Hungarian bank, OTP, leading to considerable tension between Hungary and Ukraine….
It seems that even the most vocal supporters of energy sanctions do not want to give up Russian gas at all cost, which has led to some unusual but rather obvious solutions. Today, fossil fuels from Russia are being transported…
OTP Bank made several commitments regarding its future plans in the Russian market in an agreement concluded with the Ukrainian National Agency on Corruption Prevention, mediated by the European External Action Service. The Ukrainian authorities have removed the bank from…
Hungary will not decide on any further funding for arms or anything related to Ukraine until it receives ‘a detailed, clear account of how the approximately 50-70 billion euros sent to Ukraine so far have been spent,’ Minister Szijjártó nailed…
The Hungarian foreign minister announced that Budapest will not consent to further arms shipments to Ukraine as long as Kyiv fails to remove OTP Bank from its list of international war sponsors….
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