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Hungary Vetoes EU Sanctions on Russian Individuals

The Hungarian government blocking the latest round of sanctions comes only days after the Orbán administration vetoed the release of €500 million of military aid to Ukraine. The blacklisting of the Budapest-based OTP Bank by Ukrainian officials is behind both…

State Secretary: The Only Way to Strengthen the Nation is to Strengthen Families

The State Secretary said that since 2010, every year has been the year of families in Hungary. He added that the family support programmes in the country are still work in progress, with the government working dynamically on introducing new…

OTP Bank’s Ukraine Saga

Despite OTP’s continued support of Ukraine, the Ukrainian National Agency on Corruption Prevention has recently classified the Budapest-based bank as an ‘international war sponsor’ for not shutting down its Russian subsidiary….

The Significance of Patriarch Kirill of Moscow to the Hungarian Orthodox Community

Answering the call of the representatives of Orthodox communities, Hungary recognised that the Russian Orthodox Church has some 100 million members worldwide, and the sanctioning of its leader would isolate religious people from their spiritual leader. The Patriarch is regularly…

The Issues with Ukrainian Food Product Imports — A Headache for European Agriculture

Four Central European countries, Poland, Hungary, Slovakia, and Bulgaria, have announced bans on foodstuff imports coming from Ukraine. Meanwhile, Romania has joined them in demanding action from the EU to address these concerns. The five countries are estimated to have…

The History and Role of the International Investment Bank and Its Demise

Hungary has recently announced that it is leaving the International Investment Bank, soon after the US Treasury imposed sanctions on the IIB and its leadership. But what is the story behind this controversial financial institution and what led to its…

Nézőpont Director: Despite Pressure From the US, Hungary Still Advocates Peace

‘So far, they have done everything, and they will continue to do everything in the future on behalf of the United States government to make Hungary change its position,’ the leader of the Nézőpont Institute, Sámuel Ágoston Mráz said in…

David Pressman Announces Sanctions During Short Press Conference

The US Ambassador announced that three senior officials of IIB, including a Hungarian citizen, Imre Laszlóczki, and two Russian nationals, Nikolai Kosov and Georgi Potapov have been placed on the list of sanctioned individuals. IIB is a platform for Russia…

Viktor Orbán: The Threat of a World War Is Increasingly Real

Viktor Orbán stated that the war is becoming increasingly violent and brutal. He remarked that it would be natural for more and more people to stand for peace as a result, but he does not see this intention among the…

An American Perspective: Hungary’s Fight for Sovereignty in the Russia-Ukraine War

Prime Minister Viktor Orbán’s approach to the Russian-Ukraine war is not Russia-sympathetic, but Hungarian-pragmatic. He has made it clear that Hungary condemns the Russian invasion into Ukraine and stands for Ukrainian sovereignty, but not to the point that agreeing to…

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