Hungarian Minister of Finance Mihály Varga speaks at a press conference in Budapest on 28 November 2024.

Viktor Orbán Nominates Finance Minister Varga as Governor of the Central Bank

Hungarian Prime Minister Viktor Orbán has nominated incumbent Finance Minister Mihály Varga to assume the role of Governor of the Central Bank of Hungary in March. The position will become vacant as the current governor, György Matolcsy, steps down after completing two terms. The central bank is expected to play a pivotal role in shaping Hungary’s new economic strategy.

Hezbollah fighters carry out a training exercise in southern Lebanon, on 21 May 2023 ahead of 'Liberation Day', the annual celebration of the withdrawal of Israeli forces from South Lebanon on 25 May 2000.

Israel’s Ceasefire with Hezbollah: A Strategic Reset Ahead of the Second Trump Presidency

‘The ceasefire is a development that aligns with the Trump administration’s anticipated foreign policy approach, which is expected to support Israel’s military objectives while facilitating diplomatic resolutions to regional conflicts. The ceasefire may also pave the way for expanding the Abraham Accords, with potential new agreements involving countries like Saudi Arabia.’

Initiative to Tackle Cancel Culture in Academia Launched in Hungary

In response to the growing number of reports of party political and ideological bias in Hungarian universities, the Foundation for Transparent Journalism has launched the ‘Transparent Education’ initiative. The project includes the development of guidelines, workshops, and a hotline for students to report such cases.

ForraiTamasatya_at Scout Camp, Fillmore, NY, 2023

‘Assimilation is inherent in the diaspora’ — A Conversation with Jesuit Father Tamás Forrai

‘It’s very interesting to see to what extent we can acknowledge the fact that diaspora life automatically implies linguistic and cultural assimilation. There’s a growing geographical dispersion; mobility is very characteristic in North America…In 2018 we finally started to talk…about how we see the community, what our strengths and weaknesses are, what we can learn and what challenges we face.’

European Commission President Ursula von der Leyen rings the bell during a College meeting at the EU headquarters in Brussels on 30 October 2024.

What Can We Expect from the New Commission?

‘The President made a powerful comment on Ukraine: “Ukraine is fighting for our freedom every day—and we must work for its freedom too.” In light of this, she resolved that our top priority will continue to be “rallying partners to support with short-term needs and long-term reconstruction efforts”.’