• 21 Dec 2025

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Households in Hungary Encouraged to 'Abandon Gas Consumption'

Households in Hungary Encouraged to 'Abandon Gas Consumption'

Hungary’s government is working on helping households to abandon gas consumption wherever possible, Prime Minister Viktor Orbán told public broadcaster Kossuth Rádió on Friday.
Hungary’s Gas Reserves Now Well Above EU Average

Hungary’s Gas Reserves Now Well Above EU Average

Hungary’s gas reserves now amount to 29% of annual consumption — well above the European Union average of 18% — at a time when their importance is growing amid fragile European gas supplies, parliamentary state secretary of the prime minister’s cabinet office, Csaba Dömötör, said on Facebook, noting that quotes of higher gas reserves in other countries could be deceptive.
Base Rate Raised Again by Central Bank in Hungary - Extraordinary Measures Explained

Base Rate Raised Again by Central Bank in Hungary - Extraordinary Measures Explained

NBH rate-setters raised the base rate by 100 basis points to 10.75% this Tuesday. The Monetary Council had raised the base rate by 200 basis points to 9.75% just two weeks earlier, taking the extraordinary measure at a non-rate-setting meeting to keep the key rate in tandem with the one-week deposit rate.
Western Strategy in Ukraine Backfired, Claims Orbán

Western Strategy in Ukraine Backfired, Claims Orbán

Prime Minister Viktor Orbán told the “Tusványos” Summer University in Băile Tușnad (Tusnádfürdő), Romania, that Russia had made it clear that it wanted it guaranteed that Ukraine would never join NATO, insisting that the war would not have broken out “if Donald Trump were the US president and Angela Merkel the German chancellor”.
EU Plans to Reduce Gas Consumption by 15% Awaited by Hungary

EU Plans to Reduce Gas Consumption by 15% Awaited by Hungary

The Hungarian government awaits the European Commission’s official proposal on its plans to reduce gas consumption in the community, Foreign Minister Péter Szijjártó said in an interview to US television channel Fox News.
EC Takes Hungary To Court Over LGBTQ Rights, Media Issues

EC Takes Hungary To Court Over LGBTQ Rights, Media Issues

The European Commission is bringing lawsuits against Hungary at the Court of Justice of the European Union (CJEU) for harming the rights of sexual minorities and EU news broadcasting regulations.
Contingency Plan in Place If Gas Deliveries to Hungary Stop

Contingency Plan in Place If Gas Deliveries to Hungary Stop

Ruling Fidesz and Christian Democrat MEPs on Wednesday dismissed a draft report by the European Parliament’s Committee on Civil Liberties, Justice and Home Affairs (LIBE) “condemning Hungary” as “a lie”.
Forint Strengthens After New Base Rate Hike Up to 9.75%

Forint Strengthens After New Base Rate Hike Up to 9.75%

The forint strengthened to around 410.30 to the euro shortly after the central bank raised the base rate by 200 basis points on Tuesday.
Double Taxation Avoidance Agreement with Hungary Terminated by US, Says Szijjártó

Double Taxation Avoidance Agreement with Hungary Terminated by US, Says Szijjártó

The United States has terminated its double taxation avoidance agreement with Hungary signed 43 years ago, Péter Szijjártó, the minister of foreign affairs and trade, said on Saturday.
Households in Hungary Encouraged to 'Abandon Gas Consumption'

Households in Hungary Encouraged to 'Abandon Gas Consumption'

Hungary’s government is working on helping households to abandon gas consumption wherever possible, Prime Minister Viktor Orbán told public broadcaster Kossuth Rádió on Friday.
Hungary’s Gas Reserves Now Well Above EU Average

Hungary’s Gas Reserves Now Well Above EU Average

Hungary’s gas reserves now amount to 29% of annual consumption — well above the European Union average of 18% — at a time when their importance is growing amid fragile European gas supplies, parliamentary state secretary of the prime minister’s cabinet office, Csaba Dömötör, said on Facebook, noting that quotes of higher gas reserves in other countries could be deceptive.
Base Rate Raised Again by Central Bank in Hungary - Extraordinary Measures Explained

Base Rate Raised Again by Central Bank in Hungary - Extraordinary Measures Explained

NBH rate-setters raised the base rate by 100 basis points to 10.75% this Tuesday. The Monetary Council had raised the base rate by 200 basis points to 9.75% just two weeks earlier, taking the extraordinary measure at a non-rate-setting meeting to keep the key rate in tandem with the one-week deposit rate.
Western Strategy in Ukraine Backfired, Claims Orbán

Western Strategy in Ukraine Backfired, Claims Orbán

Prime Minister Viktor Orbán told the “Tusványos” Summer University in Băile Tușnad (Tusnádfürdő), Romania, that Russia had made it clear that it wanted it guaranteed that Ukraine would never join NATO, insisting that the war would not have broken out “if Donald Trump were the US president and Angela Merkel the German chancellor”.
EU Plans to Reduce Gas Consumption by 15% Awaited by Hungary

EU Plans to Reduce Gas Consumption by 15% Awaited by Hungary

The Hungarian government awaits the European Commission’s official proposal on its plans to reduce gas consumption in the community, Foreign Minister Péter Szijjártó said in an interview to US television channel Fox News.
EC Takes Hungary To Court Over LGBTQ Rights, Media Issues

EC Takes Hungary To Court Over LGBTQ Rights, Media Issues

The European Commission is bringing lawsuits against Hungary at the Court of Justice of the European Union (CJEU) for harming the rights of sexual minorities and EU news broadcasting regulations.
Contingency Plan in Place If Gas Deliveries to Hungary Stop

Contingency Plan in Place If Gas Deliveries to Hungary Stop

Ruling Fidesz and Christian Democrat MEPs on Wednesday dismissed a draft report by the European Parliament’s Committee on Civil Liberties, Justice and Home Affairs (LIBE) “condemning Hungary” as “a lie”.
Forint Strengthens After New Base Rate Hike Up to 9.75%

Forint Strengthens After New Base Rate Hike Up to 9.75%

The forint strengthened to around 410.30 to the euro shortly after the central bank raised the base rate by 200 basis points on Tuesday.
Double Taxation Avoidance Agreement with Hungary Terminated by US, Says Szijjártó

Double Taxation Avoidance Agreement with Hungary Terminated by US, Says Szijjártó

The United States has terminated its double taxation avoidance agreement with Hungary signed 43 years ago, Péter Szijjártó, the minister of foreign affairs and trade, said on Saturday.