The war in Ukraine has been ravaging European economy for the past year. Marking the recent one-year anniversary of the invasion, this article looks at the economic sanctions imposed upon Russia and assesses their effect.
Last April, the overwhelming majority of Hungarian people voted against the left-wing opposition in favour of the current government party, conscious that it promised to protect Hungary’s peace and security above all—even if the excisemen of the war would have it otherwise.
Harald Vilimsky cautioned that the European Union is determined to impose yet another sizable common debt on people through the establishment of a sovereignty fund.
By 2050, Hungary hopes to dramatically reduce its reliance on imported gas, from its present 11.5 billion cubic metres per year, by cutting its annual gas consumption to no more than 3-4 billion cubic metres and increasing the production of non-fossil fuels.
It seems that it is only Europe that wants cheap energy in the markets—everyone else, including Russia and Middle Eastern energy exporters, are interested in the exact opposite.
As the European Commission threatens Hungary with withholding billions of EU funds, Ursula von der Leyen’s own corruption scandal around the controversial Pfizer deal is growing. Double standards seem to be at the very core of the EU.
After Brussels’ deception, Warsaw seems to be siding with Budapest again, and also seeking to revitalise the regional V4 cooperation.
The Commission’s own studies do not justify the profound concerns about corruption and the rule of law in Hungary that the EC tends to cite during the negotiations.
The West started pouring weapons into Ukraine in a bid to help the country fend off the Russians. This led to a substantial expansion of the illegal arms market, which endangers the whole region.
Ryanair’s notoriously outspoken CEO has been hurling insults at top government officials over the excess profits tax, even though Budapest had every right (and reason) to introduce it.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.
