Section: Hungary
Forint up on Ukraine cease-fire news
The forint was trading at 306.05 to the euro late Thursday on the interbank forex market, up from 309.26 late Wednesday. At 309.06 to the euro early Thursday, the forint moved between 305.92, a four-day high, and 309.73. It reached a near three-month high at 303.76 last Friday. …read more Source: Budapest Business...
Note on a visit
On February 17, Vladimir Putin is going to visit Hungary. This visit reflects the hectic state of foreign policy of the current government. As it is, owing to the visit’s narrow latitude, it has to legitimise the situation of Russia after the Ukrainian crisis. In addition, the visit outlines the foreign course that Hungary got onto, owing...
Hungary supplying less gas to Ukraine
Benjamin NovakHungary supplying less gas to Ukraine The “reverse-flow” of natural gas to Ukraine is one way in which the European Union has helped Ukraine stay afloat during its open military conflict with Russian-back separatists. During her recent visit to Budapest German Chancellor Angela Merkel praised Hungary’s for its “continued gas...
Merkel, Orbán hold joint press conference
Csaba TóthMerkel, Orbán hold joint press conference At a press conference held in the Hungarian parliament on Monday, German Chancellor Angela Merkel and Hungarian Prime Minister Viktor Orbán emphasized the need for a joint strategy on the conflict unfolding in Ukraine, as well as in diversification of energy supplies to Europe. Merkel expressed...
Putin visit date set
Russian President Vladimir Putin will visit Hungary on February 17, Minister of Foreign Affairs and Trade Péter Szijjártó has announced. Szijjártó said Hungary urges the mediated end of the fighting in Ukraine without delay, based on the Minsk agreement on resolving the crisis, adding that Hungary’s interest is to have a strong and stable...
Hungarian gas deliveries to Ukraine rise 38%
Hungary’s export of gas to Ukraine has grown by 38% to 3.7 million cubic meters since last January, Ukraine’s gas transmission system operator Ukrtransgaz reported on its website today. …read more Source: Budapest Business...
Official: Russia may lift food embargo in 6 months
Russia is considering lifting the ban on agricultural imports from Hungary and six other countries, and trade could resume within six months, according to reports. Russia announced the ban on farm imports from Europe last year, not long after the EU announced that Russia would face economic sanctions because of the Ukraine conflict. …read...
Vladimir Putin to visit Budapest on February 17
Csaba TóthVladimir Putin to visit Budapest on February 17 The official date of the Russian president’s visit to Budapest was announced on Wednesday by Hungary’s minister of foreign affairs and trade, Péter Szijjártó, on Hungary’s public radio. Hungarian prime minister Viktor Orbán and Russian Federation President Vladimir Putin...
Putin to meet Orbán on February 17
Russia’s President Vladimir Putin will pay a “working visit” to Hungary on February 17 to discuss bilateral political and economic relations, energy security issues and the Ukrainian armed conflict, among other topics, with Hungary’s Prime Minister Viktor Orbán, Foreign Minister Péter Szijjártó said this morning on a public radio...
Official: Hungary, Germany want peace in Ukraine
Hungary and Germany are in complete agreement regarding the need to address the embargo ordered by Russia, Gyula Budai, ministerial commissioner for measures related to Russia’s ban on European Union farm products, told Hungarian news agency MTI in Berlin yesterday. …read more Source: Budapest Business...
