The Hungarian state acquired the former Ministry of Finance building for 10 million euros in 2021, below the appraised value according to the valuation. Due to its location and high prestige, the actual value of the property is practically priceless.
Tony Abbott, who served as the Prime Minister of Australia between 2013 and 2015, will be joining the line-up of guest lecturers of the Budapest-based think tank the Danube Institute this autumn. He will be giving lectures at events and will be regularly publishing in the print magazine Hungarian Conservative.
The 31-year-old former crypto entrepreneur, who was the second largest donor to the Democratic Party in the 2022 midterms election cycle only behind George Soros, was convicted on fraud charges for embezzling about $8 billion of his customers’ deposits.
Both incumbent governors, Republican Tate Reeves of Mississippi and Democrat Andy Beshear of Kentucky were reelected last night, in line with the incumbent advantage trend of gubernatorial elections in the US. However, Republicans had to endure a disappointment in the Virginia state legislature elections, as they lost their majority in the House of Delegates and failed to at least tie the Senate.
Gábor Margittai and Anita Major, in charge of the new MCC Institute, talked about their prior research into people with Hungarian ancestry living in different parts on the world; as well as their plans for the new research centre. Meanwhile, MCC has also opened a new campus in Dunaszerdahely (Dunajská Streda), Slovakia.
Gazprom is making efforts to compensate for the losses in the European markets, which occurred following the Russian invasion of Ukraine, partly due to the explosions in the Baltic Sea pipelines of the Nord Stream project.
Németh recalled that since the introduction of utility cost reduction in 2013, Brussels has consistently and aggressively pushed for its termination, even though the programme has resulted in Hungarians paying the lowest household energy bills in Europe.
‘I believe that the presence of all of these varying opinions is what makes the Third Danube Geopolitical Summit stand out. As James Carafano, Senior Counselor to the President at The Heritage Foundation noted during his opening address: the Danube Institute is a place that gives a platform for real dialogue.’
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.
Fidesz-KDNP MEPs spoke out firmly against the mandatory distribution of migrants in the EU following the debate on the new EU asylum and migration package in the European Parliament. ID and ECR MEPs expressed the same sentiment to the Hungarian press.