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EP Votes to Recommend Freezing Hungary Funding

EP Votes to Recommend Freezing Hungary Funding

The European Parliament has proposed freezing European Union funding, saying that the 17 measures taken by Hungary aimed at unlocking its EU funding were not sufficient to offset the systemic risks to the block’s finances.

"Dangerous Proposals Still on Table” says FM, Still Hungary Likely to Get Exemption from EU's Oil Price Cap

  • 25 Nov 2022 8:55 AM
  • current affairs
It appears that Hungary will be given an exemption from the European Union’s planned price cap on Russian oil imports, the minister of foreign affairs and trade said in Brussels on Thursday, adding at the same time that “several dangerous proposals are still on the table”.
Gov't 'Threat' to Bank Deposits in Hungary, Says Opposition DK

Gov't 'Threat' to Bank Deposits in Hungary, Says Opposition DK

The government is a threat to bank deposits, the opposition Democratic Coalition said, insisting that banks had been told to cap interest payments on deposits at the same rate as government securities with a maturity of three months.
Central Bank Keeps Base Rate at 13%

Central Bank Keeps Base Rate at 13%

Hungarian rate-setters left the base rate on hold at 13% at a regular policy meeting. The Council also decided on Tuesday to keep the central bank’s O/N deposit rate at 12.50% and the O/N collateralised loan rate at 25%.
Opposition DK Will Sue to Obtain Details of Hungary-Russia Gas Contract

Opposition DK Will Sue to Obtain Details of Hungary-Russia Gas Contract

The opposition Democratic Coalition is submitting a request for data in the public interest and will sue to obtain details concerning the price of natural gas under the contract Hungary signed with Russia, party deputy head László Varju said.
Majority of Hungarians See No Rise in Utility Bills

Majority of Hungarians See No Rise in Utility Bills

Almost three quarters of Hungarians have experienced no rise in their utility bills compared with last year in spite of the energy crisis caused by the sanctions related to the war in Ukraine, according to a survey by the Hungarian Kopp Mária Institute for Population Growth and Families (KINCS).
Annual Diplomatic Fair on Sunday to Support Children in Poverty

Annual Diplomatic Fair on Sunday to Support Children in Poverty

This popular Diplomatic Charity Fair will be held at the InterContinental Budapest again, with proceeds to go to children in deep poverty and the Heim Pál Children’s Hospital, the organisers said.
Hungarian Opinion: Far Right Party Leader Fantasizes About Annexing Sub-Carpathia

Hungarian Opinion: Far Right Party Leader Fantasizes About Annexing Sub-Carpathia

A liberal analyst believes that rumours about Ukraine’s neighbours intending to chop off Ukrainian territories originate from Moscow.
MOL Restricts Fuel Deliveries to Certain Retailers in Hungary for 'Unlimited Period'

MOL Restricts Fuel Deliveries to Certain Retailers in Hungary for 'Unlimited Period'

Hungarian oil and gas company MOL has temporarily restricted fuel deliveries to retailers with whom MOL has no service obligation, the company said in a statement.
EP Votes to Recommend Freezing Hungary Funding

EP Votes to Recommend Freezing Hungary Funding

The European Parliament has proposed freezing European Union funding, saying that the 17 measures taken by Hungary aimed at unlocking its EU funding were not sufficient to offset the systemic risks to the block’s finances.

"Dangerous Proposals Still on Table” says FM, Still Hungary Likely to Get Exemption from EU's Oil Price Cap

  • 25 Nov 2022 8:55 AM
  • current affairs
It appears that Hungary will be given an exemption from the European Union’s planned price cap on Russian oil imports, the minister of foreign affairs and trade said in Brussels on Thursday, adding at the same time that “several dangerous proposals are still on the table”.
Gov't 'Threat' to Bank Deposits in Hungary, Says Opposition DK

Gov't 'Threat' to Bank Deposits in Hungary, Says Opposition DK

The government is a threat to bank deposits, the opposition Democratic Coalition said, insisting that banks had been told to cap interest payments on deposits at the same rate as government securities with a maturity of three months.
Central Bank Keeps Base Rate at 13%

Central Bank Keeps Base Rate at 13%

Hungarian rate-setters left the base rate on hold at 13% at a regular policy meeting. The Council also decided on Tuesday to keep the central bank’s O/N deposit rate at 12.50% and the O/N collateralised loan rate at 25%.
Opposition DK Will Sue to Obtain Details of Hungary-Russia Gas Contract

Opposition DK Will Sue to Obtain Details of Hungary-Russia Gas Contract

The opposition Democratic Coalition is submitting a request for data in the public interest and will sue to obtain details concerning the price of natural gas under the contract Hungary signed with Russia, party deputy head László Varju said.
Majority of Hungarians See No Rise in Utility Bills

Majority of Hungarians See No Rise in Utility Bills

Almost three quarters of Hungarians have experienced no rise in their utility bills compared with last year in spite of the energy crisis caused by the sanctions related to the war in Ukraine, according to a survey by the Hungarian Kopp Mária Institute for Population Growth and Families (KINCS).
Annual Diplomatic Fair on Sunday to Support Children in Poverty

Annual Diplomatic Fair on Sunday to Support Children in Poverty

This popular Diplomatic Charity Fair will be held at the InterContinental Budapest again, with proceeds to go to children in deep poverty and the Heim Pál Children’s Hospital, the organisers said.
Hungarian Opinion: Far Right Party Leader Fantasizes About Annexing Sub-Carpathia

Hungarian Opinion: Far Right Party Leader Fantasizes About Annexing Sub-Carpathia

A liberal analyst believes that rumours about Ukraine’s neighbours intending to chop off Ukrainian territories originate from Moscow.
MOL Restricts Fuel Deliveries to Certain Retailers in Hungary for 'Unlimited Period'

MOL Restricts Fuel Deliveries to Certain Retailers in Hungary for 'Unlimited Period'

Hungarian oil and gas company MOL has temporarily restricted fuel deliveries to retailers with whom MOL has no service obligation, the company said in a statement.