Govt reacts to EC’s proposal to cut funds

Tibor Navracsics, the minister in charge of the uptake of European Union funds, on Sunday welcomed as “progress” the European Commission’s decision on EU funds allocated to Hungary, saying it would allow for a swift conclusion of the talks on the post-pandemic recovery and cohesion funds. Navracsics told a press conference that the government was hopeful that negotiations could be concluded by the end of … Continue reading Govt reacts to EC’s proposal to cut funds

Orbán offers condolences to Liz Truss

In a message, Prime Minister Viktor Orban offered his condolences to his British counterpart Liz Truss in connection with the death of Queen Elizabeth II, Bertalan Havasi, the Prime Minister’s press chief informed the Hungarian news agency MTI on Friday morning. “I heard with great pain and sadness that Her Majesty Queen Elizabeth II had passed away. Her dedication and service for the United Kingdom … Continue reading Orbán offers condolences to Liz Truss

Szijjarto urges intl community to focus on peace

The international community should favour measures that help bring about peace in Ukraine instead of those that risk escalating the conflict, Foreign Minister Peter Szijjarto said on the sidelines of the Bled Strategic Forum in Slovenia on Monday. The armed conflict has a severely negative impact on the entirety of Europe in areas like the economy and energy supply, the foreign ministry cited Szijjarto as … Continue reading Szijjarto urges intl community to focus on peace

4iG, state make offer for Vodafone Hungary

IT company 4iG and state-owned Corvinus have entered into non-binding heads of terms with Vodafone Group to acquire 100% of the telco’s Hungarian unit for a cash consideration equivalent to an enterprise value of 715 billion forints (EUR 1.8bn). The transaction would give 4iG 51% of Vodafone Hungary and the state a 49% stake, the company said. The deal is expected to close by end-2022, … Continue reading 4iG, state make offer for Vodafone Hungary

Orban: Globalists can all go to Hell

“We should unite our forces,” Prime Minister Viktor Orban told the Conservative Political Action Conference (CPAC) in Dallas, Texas. “We Hungarians know how to defeat the enemies of freedom on the political battlefield,” the prime minister said in his keynote speech, adding that if anyone had doubts about whether progressive liberals and communists were the same, “just ask us Hungarians; we have fought them both … Continue reading Orban: Globalists can all go to Hell

Orban: Hungary can be a local exception at a time of global recession

A decade of threats, uncertainty and wars is coming, but Hungary can be a local exception at a time of global recession, prime minister Viktor Orban stressed in Tusnadfurdo (Baile Tusnad) in his address delivered on the closing day of the 31st Balvanyos Summer Free University and Student Camp. Before an audience of several thousand gathered before the open-air stage, the prime minister recalled that … Continue reading Orban: Hungary can be a local exception at a time of global recession

Parliament accepts budget, amends constitution

Hungary’s parliament passed into law the government’s budget for 2023 in a final vote on Tuesday. The budget was passed with 135 votes in favour and 54 votes against. It calculates with a GDP growth of 4.1%, a deficit target of 3.5% of GDP and a 5.2% inflation rate. Targeted central revenues total 31,074 billion forints (EUR 77.3bn) as against expenditure of 33,426 billion, with … Continue reading Parliament accepts budget, amends constitution

Novak meets Bolsonaro

The war in Ukraine, bilateral cooperation, aid to persecuted Christians and family policy were among topics on the agenda for talks between President Katalin Novak, and her Brazilian counterpart Jair Bolsonaro in Brazil on Monday. Novak and Bolsonaro agreed on the necessity of an early peace agreement in Ukraine, Novak said in a press statement after the talks. She added that both parties offered their … Continue reading Novak meets Bolsonaro

Orban: Hungary stands for peace

Hungary must stand for peace, wartime inflation cannot be stopped any other way, only by putting an end to the war, prime minister Viktor Orban said on Friday on Kossuth Radio’s programme ‘Good morning, Hungary’ where he also announced that the government would speed up the development of the armed forces. Orban highlighted that Hungary restricted the prices of certain products by regulatory means; however, … Continue reading Orban: Hungary stands for peace

Orban: We cannot be dragged into the war

Prior to the official beginning of the NATO summit, on Wednesday morning in Madrid, Prime Minister Viktor Orban had talks with Andrés Pastrana, President of the Centrist Democrat International (CDI), the organisation for the world’s Christian democratic, conservative parties, Bertalan Havasi, the Prime Minister’s press chief informed the Hungarian news agency MTI. At the meeting, which was also attended by Minister of Foreign Affairs and … Continue reading Orban: We cannot be dragged into the war