Governor of the National Bank of Hungary’s Major Economic Announcements

‘With external balances improving and domestic demand reawakening, Hungary couples a steady 6.50 per cent base rate with 3 per cent Home Start mortgages to support growth without losing discipline. Clear communication has kept the forint resilient near 400, while Euro adoption remains a realistic, albeit longer-term objective.’

What Role May China Take in Ukraine Peace Framework?

As peace talks gain momentum, Russia demands Ukrainian neutrality and security guarantees from global powers, including UN Security Council members. China, despite denying plans for peacekeepers, remains open to diplomatic involvement, aligning with Xi Jinping’s earlier principles for ending the war.

József Eötvös: Writing a Nation Anew

‘Even iron cannot resist time, and so it is with man. If put to work, it wears down; if left lying on the ground, rust consumes it. Since we must perish either way, it is a hundred times better to wear out than to rust away.’

Germany Steps Into a New Era of Militarization

‘Just days after Russia’s 2022 invasion of Ukraine, Chancellor Olaf Scholz declared a Zeitenwende—a historic turning point—in the Bundestag, pledging greater support for Ukraine and a significant strengthening of Germany’s armed forces…Yet, despite ambitious plans and ongoing modernization efforts, the proclaimed turning point fell short of delivering the sweeping, immediate changes…’

Hungary May Host Putin–Zelenskyy Summit

A historic Putin–Zelenskyy summit may soon take place in Hungary, US officials confirmed after Trump’s White House meeting with Zelenskyy and EU leaders. The summit, to be followed by a trilateral session with Trump, could mark a breakthrough in efforts to end the war.

President of the Provisional Government of the French Republic Georges Bidault (standing) delivers a speech with Director-General of UNESCO Sir Julian Huxley (R) at the UNESCO conference in Paris, France, 19 November 1946

The UDHR at 75

‘UNESCO’s programming in the areas of education and the social and human sciences, combined with the work of the UN Office of the High Commissioner on Human Rights and international human rights treaty body committees, transformed the aspirational UDHR into a “living” instrument for realizing Huxley’s progressive vision.’

Historic Visit: UAE President in Hungary for the First Time

‘In recent years, relations between Middle Eastern and Central European countries have become increasingly close in the fields of investment, renewable energy, education, and technological cooperation. Under the “Eastern Opening” policy of Prime Minister Viktor Orbán, ties were significantly strengthened with non-Western countries…’