Poland has said it will seek formal explanations after former justice minister Zbigniew Ziobro left Hungary and traveled to the United States despite facing ongoing legal proceedings in his home country. Warsaw is questioning how a political figure under investigation was able to cross international borders after previously being subject to......
Peter Magyar was officially sworn in as Hungary’s new prime minister during the inaugural parliamentary session held in Budapest, marking the beginning of a new political chapter for the Central European country. The centre-right leader came to power on promises of political renewal, economic recovery, and improved relations with Hungary’s......
Hungary has returned cash and gold assets belonging to Ukraine’s state-owned Oschadbank, marking a positive development in relations between the two countries, Ukrainian President Volodymyr Zelenskiy announced. A diplomatic gesture The assets had been seized earlier this year by Hungarian authorities. Their return is being viewed as......
Hungary’s banking sector is calling for clearer rules, greater stability, and a fairer competitive environment following the election of incoming Prime Minister Peter Magyar. After years of frequent policy changes under former leader Viktor Orban, financial institutions say they need predictability to support long-term investment. End......
Chinese electric vehicle giant BYD is facing serious allegations of labor rights abuses at the construction site of its factory in Szeged, Hungary, raising fresh concerns over working conditions linked to China’s industrial expansion in Europe. According to a report published by the non-governmental organization China Labor Watch (CLW),......
Hungary and the European Commission are preparing to hold high-level discussions aimed at releasing billions of euros in funding that have been frozen over concerns related to rule-of-law standards. The talks will involve European Commission President Ursula von der Leyen and Hungary’s incoming prime minister Peter Magyar. The negotiations......
Hungary’s incoming prime minister Peter Magyar is set to travel to Brussels this week for informal discussions with European Commission President Ursula von der Leyen, focusing on unlocking European Union funds that have been frozen amid political disputes. Magyar, who won a decisive victory in the April 12 election, ending the long......
Hungary’s outgoing Prime Minister Viktor Orban has announced that he will not take his seat in the national parliament following a significant electoral defeat for his political alliance after 16 years in power. In a video message published on social media, Orban stated that he would return his parliamentary mandate. He explained that......
Russia has warned of “severe” retaliatory measures after the European Union approved its 20th package of sanctions targeting Moscow, escalating economic pressure linked to the war in Ukraine. Russian diplomats rejected the measures as illegitimate, arguing that only sanctions authorized by the United Nations Security Council carry......
Ambassadors of the European Union are expected to approve a €90 billion loan package for Ukraine, removing a key financial obstacle as Kyiv continues to resist the Russia invasion. The vote is scheduled at the Committee of Permanent Representatives in Brussels and follows a shift in Hungary’s political landscape that ended a prolonged......
Hungary’s political landscape is undergoing significant turbulence following the electoral defeat of Prime Minister Viktor Orban, prompting internal debate within his ruling party, Fidesz. After Sunday’s unexpected election result, Orban quickly conceded defeat to opposition leader Peter Magyar, whose centre-right coalition secured......
Hungary’s incoming leadership has placed energy security at the top of its agenda following a major political transition. Peter Magyar, leader of the Tisza Party and winner of the recent elections, announced plans to hold urgent discussions with executives from MOL Group to address fuel supply concerns. The move comes at a time of heightened......
US Vice President JD Vance’s high-profile visit to Budapest failed to boost Hungarian Prime Minister Viktor Orbán, who suffered a decisive electoral defeat to opposition leader Péter Magyar and his Tisza party. Magyar secured a commanding parliamentary majority, winning 138 of 199 seats with about 54 percent of the vote.......
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