Thursday’s European Political Community Summit in Budapest is significant in multiple ways. With Donald Trump’s victory, we have never been closer to achieving peace in Ukraine than we are now, thus the first step can be taken by European leaders today. The summit also marks the beginning of a new chapter in Hungary’s history.
Romanian President Klaus Johannis is participating in the fifth European Political Community summit in Budapest, where he will emphasize regional security, continued support for Ukraine, and advocate for stronger EU cohesion and a long-term approach to migration.
During the EPC in Budapest, President of the European Council Charles Michel was asked about the crisis in Germany and Donald Trump’s re-election.
An in-depth interview with Katalin Petreczky, originally a German teacher, who, after moving to the United States, first led an international playgroup and preschool, then through her children became involved in the life of the Hungarian community by becoming the principal of the Arany János Hungarian School and by co-founding and leading the American Hungarian Schools’ Association.
‘Weber wields extreme power, and despite his preaching about EU values and lecturing others at every opportunity, he manages the group like a dictator,’ an anonymous source told European Conservative. The corruption scandal surrounding EPP President Manfred Weber is intensifying, with an increasing number of loyalists to the German politician becoming involved.
István Haller was a prominent Hungarian Christian politician in the first half of the 20th century. His book summing up his views on Christian politics is apparently paradoxical—it is both Christian-inspired and antisemitic. This combination illustrates the troubling tension that burdened the Christian national politics of the Horthy era in Hungary.
‘We aim to draft a manifesto that sheds light on an alternative kind of capitalism—primarily beneficial for domestic business circles—which we refer to as “inclusive capitalism”. It is important to emphasize that our goal is not solely to outline inclusive capitalism but to formulate what we term “capitalism alternatives”.’
In recent years the real estate market in Budapest has seen dramatic price increases. The price of newly built flats rose by 13.9 per cent within a year, reaching an average of 3,260 euros per square metre in 2023. Rental prices have also continuously risen: the average monthly rent per square metre increased to 11.3 euros, further exacerbating young people’s housing difficulties. Purchasing an average new build property in Budapest requires 10.4 years of gross average earnings, placing the city in the middle range in European comparison.
The online conference presenting the varied and numerous activities of the organizations of the Hungarian American community in North California was held on 25 October, following up on the first part of the event that took place on 27 September.
The atmosphere surrounding Viktor Orbán’s visit to Georgia remains charged, with Swedish Prime Minister Ulf Kristersson accusing the Hungarian Prime Minister of being pro-Russian. In response to this statement, the Hungarian Ministry of Foreign Affairs and Trade has summoned Sweden’s ambassador in Budapest.