The Fed is not cutting the federal interest rate, and is keeping it at 5.5 per cent, the highest it has been since the early 2000s. Meanwhile in Hungary, the National Bank cut interest rates on 31 January….
Similarly to the EU leadership, the Hungarian left tends to concentrate on issues of little concern for the people, and ignores the concerns of rural communities and farmers….
Palkovics emphasized that approximately 20 per cent of Hungary’s energy mix is consumed in the transport sector, primarily relying on fossil fuels. This dependence poses a considerable challenge to transitioning towards sustainable, domestically producible energy sources that are less burdensome…
Tensions are escalating between the political and military leadership in Ukraine, as press reports indicate that Volodymyr Zelenskyy attempted to dismiss Commander-in-Chief Valery Zaluzhny. The Ukrainian president’s room for manoeuvre seems to be diminishing, and he needs his European allies…
At a recent Rubicon Institute conference in Budapest, historians and Middle East experts attempted to shed light on the complexities of the Arab–Israeli conflict and its regional and international contexts….
Péter Szijjártó welcomed the continuous development of bilateral economic relations and the breaking of export records. He also praised Qatar’s role in the release of some hostages abducted by Hamas, including three Hungarian citizens, and revealed that another Hungarian citizen…
The Prime Minister expressed concern about the lack of proper respect for agriculture as a crucial element of the European economy within the European Union. He criticized unfavourable regulations imposed in several countries, making the situation difficult for farmers….
During her meetings, Katalin Novák expressed her support for the EU accession of West Balkan nations, visited the troops of the Hungarian-led EUFOR Althea mission, and discussed Hungary’s family support schemes….
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