Despite OTP’s continued support of Ukraine, the Ukrainian National Agency on Corruption Prevention has recently classified the Budapest-based bank as an ‘international war sponsor’ for not shutting down its Russian subsidiary.
In his interview with Richard Quest, Péter Szijjártó asked the rhetorical question: ‘Do you think all this would be possible if there were systemic corruption? Because if there is systemic corruption, there is no growth, investors do not come, and they do not bring their money here.’
Hungary is not the only country in East-Central Europe that sees unwanted commentary and meddling by Russia with regard to interpretations of its history. The periods the evaluation of which is the most frequently contested by Russia are the Cold War era and World War II. While Russia glorifies the USSR’s effort to defeat Nazi Germany, CEE countries, including Hungary, highlight the 45 years the Red Army spent in Central Europe as an occupying force after the end of World War II.
While talking to reporters on his flight from Budapest to Vatican City, Pope Francis revealed that the Vatican is engaged in a ‘peace mission’, which he has discussed with Prime Minister Orbán and Bishop Hilarion in Budapest. The Kyiv government has made it clear that it does not approve of such an effort.
Days after he was let go, the 53-year-old cable news star, one of the few in the Western media to cover Hungarian issues in a fair way, finally broke his silence and posted a video to his Twitter feed. He did not directly address his firing, but he did have some solemn things to say about the current state of American media and politics.
Hungary has recently announced that it is leaving the International Investment Bank, soon after the US Treasury imposed sanctions on the IIB and its leadership. But what is the story behind this controversial financial institution and what led to its demise?
Katalin Novák sent the whistleblower bill back to parliament for reconsideration, as she found that it fails to give the fundamental rights of Hungarians an elevated level of protection, as it states to do. She also shared her concerns about the potential violation of freedom of expression rights.
Both statesmen won their respective elections by around 19 percentage points last year, but the similarities do not end there. Their stances on immigration, the Ukraine war, and, most notably, the restriction of teaching gender theory in schools, have been very much akin to each other in the past.
Fidesz MEP András Gyürk emphasised that creating modern energy storage facilities is a costly endeavour, so he called upon the European Commission to ‘provide immediate access to each member state to the funds they are entitled to.’
‘We cannot look at the European Union as those who must be listened to and must always have the best solutions in a suitcase to Bucharest or Warsaw,’ Polish PM Mateusz Morawiecki stressed in Bucharest.
The Hungarian foreign minister reminded that the rights of Transcarpathian Hungarians have been systematically curtailed in Ukraine since 2015, and the most recent example of this is that minority schools have become impossible to operate since September this year.
MSZP’s poor performance in the 2022 elections has led to a wave of resignations and internal conflict. Many within the party have called for a change in leadership and a new direction for the party.
The MEP reacted to Ferenc Gyurcsány’s statements made in a radio interview. Deutsch declared that the Democratic Coalition President had publicly admitted that as opposed to his and the European Commission’s claim that there were legal problems between Hungary and the European Union, or that the European Union development funds owed to Hungary had been withheld due to legal issues for years, was a lie.
Last year, the US terminated the 1979 double taxation avoidance agreement with Hungary. According to Szijjártó, the USG took this step in response to the Hungarian government not giving its consent to the introduction of the global minimum tax.
Not only has the left-wing camp become more fragmented due to Péter Márki-Zay’s movement becoming an independent party, and the former leader of Jobbik founding a new movement, but it has also shrunk in terms of popular support.
Hungarians will continue to provide assistance to Turkish people affected by the recent earthquake, Katalin Novák, President of Hungary said at a joint press conference held in Ankara on Wednesday with Recep Tayyip Erdogan, President of Turkey, following their meeting.
According to recent polls, the Finns Party is predicted to win the most seats in the upcoming election, potentially leading to the formation of a nationalist right-wing government for the first time in Finland.
The Japan-Korea reconciliation is good news for both countries, the USA and the free world, and bad news for China, whose aggressive and threatening behaviour and wolf warrior diplomacy helped catalyse the process. Strengthening the trilateral security and military cooperation between the USA, Japan and Korea is definitely not something Beijing wanted to achieve with its aggressive posture. What we can expect from Beijing is now to try to drive a wedge between the newly found friends.
Máté Kocsis wrote on Facebook: ‘Hungary is a committed member of NATO and the European Union, so we will do everything in our power to promote and maintain peace, and the Finnish people can count on us in this regard. We Hungarians have a special historical friendship with Finland, our allies.’
The name change may be a desperate attempt to lure away the few voters LMP, Hungary’s only professedly green party, still has, as polls regularly measure close to zero support for the party in the entire population, with Nézőpont having recorded a support of one per cent in February.
Prime Minister Viktor Orbán emphasised that Budapest and Warsaw will join forces to protect the agricultural workers of Central Europe from the negative effects of ‘grain dumps’ coming from Ukraine.
As regards so-called ‘globalization’, it is becoming evident that—due to technological and supply chains complexities—it is reaching its natural limits. We should, therefore, pay more attention to the rationality of domestic policies.
Ukraine has proven to be quite willing to turn a blind eye to the transgressions of China for very pragmatic reasons. It seems practical stances in foreign policy are allowed after all, until some powerful figures in politics and media choose to stir up some selective outrage.
There is a slowdown in global growth. The economies of a once highly globalized world are drifting apart. The EMU economy is being hit particularly hard. The recession is coming and, according to projections, the EMU will soon enter stagflation, the worst of economic states.
In accordance with the established practice, special rapporteurs submit annually their thematic report on the events and experiences of the previous period. On 6 March, UN Special Rapporteur on Minority Issues Fernand de Varennes published the Proposal for a Draft Global Convention on the Rights of Minorities attached to his annual thematic report.
An Israeli expert, who requested anonymity, told Hungarian Conservative that there is no doubt
foreign NGOs involved in the protests are funded not only by private individuals but by European governments, such as Germany, too. But it is impossible to prove that the financing coming from foreign governments is used specifically to support the anti-government protests.
While Europe desperately needs new partners to wean itself off Russian gas, by becoming an energy exporter, Israel could reduce its isolation and thaw its icy relations with the EU—something that is even more valuable than export revenues for Jerusalem.
Last week’s invitation of the French President shows that despite Hungary having disputes with the European Union and the EU funds due to our country are being withheld, the Hungarian Prime Minister is not at all an isolated actor in European political life.
Two major pieces of news broke in the last couple of days involving Former US President Donald Trump. On Friday, he posted to his Facebook and YouTube accounts for the first time after an over two-year-long ban. The next day, however, he took to his own social media site claiming that he would be arrested on Tuesday.
Snubbing Hungary is a telltale sign that Czech President Petr Pavel has issues with the Hungarian government as well as with the V4 cooperation.