Hungarian Conservative

While in Norway strikes have broken out due to the workers in the energy-industry being underpaid, Hungarian gas reserves and production are standing strong.

The rashly introduced sanctions due to the raging war might push the European Union into a food crisis.

Modernist thinking seeks to protect humanity’s environment, thus humanity itself, precisely from nature.

Despite climate and clean energy transition targets, the current energy crisis has forced many countries to increase coal-based power generation. The question is: can we expect a turn in coal use in the shorter or longer term, and closely related to this, is there any other reason for the rise in coal use for energy than the energy crisis itself?

The analyst emphasized that a severe economic crisis has unfolded in Germany, partly due to the misguided sanction policy and the energy crisis resulting from the shutdown of nuclear power plants.

Due to the energy crisis, high gas prices and the reduction in the availability of Russian sources, infrastructural developments that make alternative sources available to the region are once again booming in Europe.

According to Prime Minister Viktor Orbán, the European continent needs to get as much energy as possible from a variety of sources in order to durably resolve the energy crisis.

The bleeding out in the Ukraine war may be the beginning of the decline of Moscow’s global influence. With the EU also weakening economically due to the energy crisis, the current multipolar world order is expected to change, leaving the US and China as the leaders of a bipolar world.

On Thursday, Gergely Gulyás held his regular press briefing detailing the government’s latest measures to tackle the energy crisis.

As EU member states revert to coal due to the energy crisis, it is now apparent that coal will soon be in short supply for some countries.

Germany’s energy transition (Energiewende), the bid to phase-out nuclear and coal energy to create a green economy, is catapulting them towards an energy crisis.

A Croatian MP blamed the worsening energy crisis–among others–on Hungarian Prime Minister Viktor Orbán on national television. But the EU doesn’t work that way.

The discussion focused on the current energy crisis, in the context of the recent Hungarian and French elections and the Russian-Ukrainian war. The panelists also provided an expert analysis of Hungary’s energy structure and the challenges and difficulties posed by the inevitable energy transition.

The financial software developer Taxually, the manufacturing company Continest, and the logistics and transportation company United Shipping Hungaria have even made the top 100 on the Financial Times’ list. Minister of National Economy Márton Nagy hosted the top executives of the thirteen Hungarian companies included on the list for a congratulatory meeting.

According to the Hungarian Ministry of Energy, Hungarian gas consumption, similarly to the previous cycle, decreased by a fifth in the last period observed, outperforming the compulsory target prescribed for EU member states.

The first V4 summit of the year is scheduled for 27 February, with a focus on illegal migration, energy security, and the EU’s strategic objectives. After the estrangement caused by the war in Ukraine, cooperation seems to be back on track, but its future will largely depend on the willingness and ability of Hungarian Prime Minister Viktor Orbán and Polish Prime Minister Donald Tusk to collaborate.

The 2023 elections in Slovakia were looked upon with great anticipation by both the conservative and liberal sides. The stakes were high: whether the Central European country would remain on a progressive road or take a national turn.

The government’s primary focus for the current year is the restoration of economic growth while continuing to reduce the budget deficit and national debt.

According to the study, 15 per cent of young Hungarians frequently experience feelings of isolation, which is of concern as chronic loneliness not only has psychological ramifications but, in certain cases, also entails physical consequences. The report highlights that 41 per cent of young people in the Western Transdanubia region and 38 per cent of their counterparts in the southern Transdanubia region claim to feel lonely always or often.

Speaking at the opening of an MVM customer service office in Nagykáta, Pest County, Zsófia Koncz emphasized that since 2013, the government has considered keeping the utility cost reduction programme in place a top priority.

According to the minister’s briefing, this brings the total amount of EU funds allocated to Hungary in the past days to a substantial 470 billion forints. Last Thursday witnessed a transfer of €779.5 million (equivalent to 300 billion forints) from the recovery funds.

Despite extraordinary expenditures, the government has consistently reduced the budget deficit and the national debt year after year, the Ministry of Finance emphasized in its interim report released on the situation of the central subsystem of public finances, excluding local governments, at the end of November.



Geert Wilders has reached the peak of his 25-year political career. However, the Party for Freedom, which does not even have a quarter of the seats in parliament, will need to find several coalition partners to win a majority. Can it be done?

Prime Minister Viktor Orbán on Friday said it was a mistake for the European Commission to be pushing for EU leaders to put Ukraine’s European Union accession on the agenda, opining that the bloc should first sign a five to ten-year strategic partnership agreement with the country.

Despite the sanctions and the war driving up energy prices, the Hungarian measures to combat inflation and price increases are undeniably working. While EU countries scramble to look for new avenues to import electricity and gas, the Hungarian plans and contracts have managed to keep energy prices at affordable levels for citizens.

Hungary and Slovakia recently signed a cooperation agreement on nuclear energy with the goal of coordinating research between the two countries and making joint efforts to apply the latest technologies.

According to the Center for Fundamental Rights, while Orbán argued for the defence of Hungary’s political, economic, and cultural sovereignty in his remarks, it became apparent from the words of the former prime minister, Ferenc Gyurcsány that defending the nation’s self-determination is not a political goal for him—which was his downfall after 2006 as well.

The credit rating agency expects a three per cent economic growth in Hungary next year, supported by strong exports, a high investment rate, and rising real wages.

Enumerating the factors strengthening the positive outlook for the economy, the Hungarian finance minister stated that the country’s export performance is very good, and in terms of population, Hungary ranks 94th among the countries of the world, while it stands at 34th place in terms of export indicators.

The Christian Democratic Union in Germany has shifted to the left in recent years, which does not seem to be working out for them, while the far-right has got stronger. Can a change of leadership and incoming conservative Secretary General Carsten Linnemann reverse course? An analysis by Bence Bauer, head of the German-Hungarian Institute for European Cooperation at MCC.