Due to global economic uncertainty, central banks in both Europe and the US have raised their inflation forecasts and cut growth expectations. Hungary, however, anticipates modest growth this year, supported by strong domestic consumption and a stable banking sector.
As of 1 July 2025, the US Agency for International Development (USAID) has ended all of its operations, with the remaining programmes continuing under the State Department’s oversight. Political Director to the Hungarian Prime Minister Balázs Orbán welcomed the decision, emphasizing its significance in reducing foreign interference against sovereignist governments.
‘In short, for the vast majority of the people in the region, Hungary would be the most acceptable and desirable form of Europe and Europeanization. Of course, the close connection with Trump, whom many truly appreciate and respect in the Balkans, also significantly contributes to this.’
The Hungarian government took every step to protect Hungary and the Hungarian families.
European Commission President Ursula von der Leyen has called on Hungarian authorities to allow the Budapest Pride march—scheduled for Saturday—to proceed, despite new legislation banning it. Prime Minister Viktor Orbán urged von der Leyen not to interfere in Hungary’s domestic affairs.
Hungary has received extensive negative coverage from the mainstream media in the West after the National Assembly passed a law restricting the Budapest Pride march earlier this year. Back in 2019, however, the coverage was very different when city officials in Modesto, California, denied the permit for a straight pride parade.
The European Commission’s latest country-specific recommendations have drawn strong criticism from the Center for Fundamental Rights, which claims Brussels is pushing Hungary to abandon popular domestic policies in favour of multinational and geopolitical interests.
‘Brexit will be regarded by history as a triumph, and it was a very important thing for our country to do. However, over the last decade, it’s also been extremely hard and sucked in effectively all the effort of a generation of conservative activists to the exclusion and the cost of almost everything else…My conclusion from that is that Hungary is wise not to be attempting Huxit…’
‘My colleagues listed some…fine principles: sovereignty, diversification, energy security, solidarity. However,…if the von der Leyen-Zelenskyy plan goes into effect, Hungary will be subject to the opposite of all these. This proposal is a serious violation of our sovereignty, since the Treaty on the Functioning of the European Union states that energy policy decisions are a national competence.’
Hungary is demanding the EU suspend its plan to ban Russian energy imports in light of the Middle East war, warning that further supply shocks could cripple the European economy. Prime Minister Viktor Orbán urged Brussels to reassess the risks.