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News about Hungary

Hungarian Prime Minister Péter Magyar stated that Budapest had succeeded in having the wording regarding the accelerated accession of Ukraine and Moldova to the European Union removed from the European Council’s final declaration. According to Magyar in X, all member states of the bloc have agreed on the revised version of the document.

Global Economy 19 June 2026

The new Hungarian government has signaled it may lift its long-standing veto of Ukraine’s European Union bid, paving the way for the first phase of formal EU membership talks with Kiev and Chisinau.

Politics & Economy 3 June 2026

Hungarian Prime Minister Peter Magyar on Friday agreed with European Commission President Ursula von der Leyen to unfreeze almost all EU funds earmarked for Hungary.

Politics & Economy 30 May 2026

Hungary’s parliament has canceled the decision on the country’s withdrawal from the International Criminal Court, abandoning former Prime Minister Viktor Orban’s course of breaking with the ICC. 133 deputies of his Tisza party voted in favor of the initiative of the new head of government Péter Magyar, while 37 Fidesz representatives opposed it.

Economy & Law 28 May 2026

Hungary is considering an agreement with Romanian companies OMV Petrom and Romgaz to supply gas from the Black Sea field Neptun Deep, which is scheduled to start up in 2027. The state-owned MVM Corporation has already agreed on a gas price close to the cost of Russian imports, and the parties are now discussing schedules and supply volumes, which could amount to about 1 billion cubic meters per year at the start.

Energy 23 May 2026

Acting Prime Minister Peter Magyar said that Viktor Orbán would allegedly be left without the severance pay he was entitled to. The former prime minister denied these statements and said that the money he was entitled to under the law had already been allocated for charity – the money was given to the Good Samaritan orphanage in Transcarpathia, where the Hungarian national minority lives. He wrote about it on his Facebook page.

Society 17 May 2026

Hungary has returned in full the valuables of the Ukrainian Oschadbank transported through the country and detained by its authorities in March 2026.

Politics & Economy 7 May 2026

On Wednesday, April 22, Ukraine resumed transit of Russian oil through the Druzhba oil pipeline to Hungary and Slovakia after almost three months of downtime. The resumption of oil transit through the pipeline was announced by Hungarian energy giant MOL on Wednesday. And on Thursday morning, Bratislava confirmed that crude oil pumping had begun. This allowed Budapest and Bratislava to lift their “veto” on a €90 billion EU loan to Kiev.

Global Economy 23 April 2026

Hungary’s future Prime Minister Péter Magyar held a press conference on Monday following the first meeting of the parliamentary faction of the Tisza party. After naming the ministers of the future government, he also touched upon foreign policy issues.

Politics & Economy 21 April 2026

American entrepreneur Ilon Musk reacted sharply to the results of the parliamentary elections in Hungary, saying on his social network X that the country had allegedly come under the influence of financier George Soros.

Politics & Economy 13 April 2026

The exchange rate of the Hungarian forint rose sharply after Orbán’s election defeat. A convincing victory for the pro-European opposition is expected to help unlock billions of euros of European Union funding.

Global Economy 13 April 2026

Parliamentary elections are being held in Hungary on April 12. It is no exaggeration to say that the whole world is watching their outcome.

Politics & Economy 12 April 2026

Serbian President Aleksandar Vucic told Hungarian Prime Minister Viktor Orban by telephone that explosives had been found near a gas pipeline from Serbia to Hungary.

Politics & Economy 5 April 2026

Viktor Orbán’s threat announced yesterday has today materialized into a decree of the Hungarian government. On Thursday morning, portfolio.hu reported that the government announced a package of decrees to increase strategic gas reserves and, quoting the publication, to stop exporting natural gas to Ukraine.

Energy 26 March 2026

The country’s Prime Minister Viktor Orbán has announced that gas supplies to Ukraine will be cut off until oil supplies via the Druzhba oil pipeline are resumed.

Energy 25 March 2026

U.S. President Donald Trump on March 24 expressed support for Hungarian Prime Minister Viktor Orban’s re-election bid.

Politics & Economy 25 March 2026

The EU is limiting Hungary’s participation in confidential meetings and reducing the flow of classified information because of fears that Budapest may pass data to Moscow. This is reported by kommersant.ru with reference to Politico.

Politics & Economy 23 March 2026

EU leaders gathered for a summit today to try to persuade Viktor Orban to lift his veto on a 90 billion euros allocation to Ukraine and to discuss the escalating military conflict in the Middle East and high energy prices.

Global Economy 19 March 2026

A commission from Hungary has left to inspect the condition of the Druzhba oil pipeline stopped by Ukraine. It will soon become clear whether they will be allowed to enter the country at all and how the situation will develop after their arrival in Kiev. This was stated by Hungarian government spokesman Zoltan Kovacs.

Energy 11 March 2026

The Hungarian parliament has adopted a resolution against Ukraine’s admission to the EU and financial assistance to continue fighting. The document was supported by 142 MPs, 28 voted against it and 4 abstained.

Global Economy 10 March 2026