Similarly to the budget deficit, public debt is also declining and may drop to below 70 per cent this year. To compare: Hungary’s public debt was 83.6 per cent of the GDP in the second quarter of 2010, the final three months of the Socialist government’s tenure.
After a local-level decision ordered the removal of Hungarian national flags from school buildings in Transcarpathian settlements, MFA State Secretary Tamás Menczer demanded that the measure be revoked.
There is evidence that the news website Nyugati Fény (which, ironically, translates as ‘Western Light’) is being funded by a foreign left-wing entity.
According to press reports, Poland officially objected to Hungary’s request on Wednesday to remove nine names from the list of Russian individuals to be sanctioned.
MOL may decide to take the Slovak government to court over the windfall tax to be imposed on
on energy companies in the country.
Miklós Duray was an activist fighting for the rights of ethnic Hungarians in Czechoslovakia, then Slovakia, from an early age. As a university student, he co-funded the Committee for the Defence of Rights of Hungarians in Czechoslovakia.
At the worship that opened the prayer week, Cardinal Péter Erdő, Archbishop of Esztergom-Budapest, and Tamás Fabiny, President-Bishop of the Evangelical Church of Hungary, delivered sermons at the Kálvin Square Reformed Church in Budapest last Sunday.
Facebook’s parent company was found to be in the wrong for not giving its users the option of signing up without agreeing to personalised ads.
97 percent of Hungarians oppose sanctions that they believe would seriously harm the country, according to the results of the national consultation launched by the government last year.
Minister Navracsics warned in his letter that by cutting the Erasmus funding, the European Commission is violating Article 13 of the EU Charter of Fundamental Rights.
According to a study on the most coveted passports in the world, Hungarian passports are ranked among the top 10.
Regarding the sanctions, the Prime Minister declared that it is high time there was a courageous person in Brussels who will admit that the sanctions policy has been botched and was miscalculated. ‘We have messed up badly,’ Viktor Orbán remarked.
Recently published statistics about 2022 workforce data show that the Hungarian unemployment rate has plunged to under four per cent.
Nézőpont Intézet measured a 56 per cent Fidesz support among likely voters if the European Parliamentary elections were held this Sunday.
As his main research interest was the Austro-Hungarian Empire and he had also extensively written on Emperor Franz Joseph, it was András Gerő who first initiated the establishment of the Institute of Habsburg History.
This is one of the biggest deals in Hungarian telecommunications history.
The legendary gymnast is the oldest living Olympic champion in the world today.
Energy Minister Csaba Lantos highlighted in a recent interview that the government would continue to subsidize gas prices for Hungarian households up to the level of average consumption.
While President Katalin Novák had to respectfully decline her invitation for 1 January, the Prime Minister made sure to pay respects on behalf of his country within a week.
The concerns about financial security and the moderately enthusiastic assessment of overall life satisfaction by Hungarians in 2022 reflect the difficulties the country’s economy is facing, induced partly by the EU’s sanctions policy.
The income tax exemption for those under 25 has been extended to include young mothers aged 25-30. The new regulation has been in force since 1 January.
Russian President Vladimir Putin suggested a one-and-a-half-day truce in the Russo-Ukrainian war, but the Ukrainian leadership and their Western allies do not want any part of it, considering Moscow’s proposal a sham. To what extent the guns on the front will die down until Saturday evening is highly questionable.
Countries including the United States and Japan as well as some EU member states have enhanced border procedures for tourists from China as a result of China abandoning its zero-COVID policy. Is Hungary planning to take similar action?
The goal is to curb inflation and avoid recession, Viktor Orbán stressed last year. On Tuesday, 3 January, Finance Minister Varga announced that Hungarian public debt has decreased more significantly than expected, dropping to 73.5 per cent of GDP in 2022, and confirmed that in line with the projection, last year’s budget deficit target was met, at 4.9 per cent of GDP.
Instead of the setting that we can paraphrase as ‘the West (and Japan) versus Everyone Else’ that we got used to throughout past decades basically ever since the end of the Second World War, we will end up in a setting of ‘Africa versus Everyone Else’, where Sub-Saharan Africa remains the only source of significant migration.
In her address, President Katalin Novák highlighted the difficulties the nation had to confront in 2022 and the resilience Hungarians showed in the face of challenges, and underscored the importance of solidarity and national unity.
It is important to mention that Europe, more precisely European football culture and Germany in particular, played a key role in the development and the successes of both the Japanese and the Korean team.
The Pontiff Emeritus, with his controversial Motu Proprio Summorum Pontificum, officially reintroduced the public celebration of the ‘Traditional Latin Mass’. He did not just restore the external beauty of the sacred liturgy, but he reminded us that contrary to so-called experts, the Tridentine Mass was never abrogated.
This year presented Europe with an unprecedented challenge regarding its energy security as a result of a substantial curtailment in Russian natural gas exports. As energy independence is literally impossible for the continent, Europe has to make a choice about where its exposures should lie.
Unfortunately, the light of the star that guided the wise men to the place where the Prince of Peace was born (Matthew 2, 1-12), which Charles spoke about, is being rejected by the warring parties. Like Herod who believed that Jesus was the newborn King and refused Him, they too are not displaying any intention to be ‘men of good will’.