Section: Hungary
PM, opposition jostle ahead of Merkel, Putin visits
Pending visits by German Chancellor Angela Merkel and Russian President Vladimir Putin are in “different phases”, Prime Minister Viktor Orbán has told public radio. Merkel’s visit has a date and agenda set but Putin’s is only planned, with no decisions yet on the time or topics to be discussed. Political and economic cooperation with...
Their guess is as good as anybody’s
Pokorni could have a bad year The opinion blog of news portal 444.hu, Véleményvezér (opinion leader), predicted in early 2014 the year’s important issues. As their predictions were correct in many cases, here are their thoughts for 2015. Will Viktor Orbán be overthrown? No. Even the prime minister has admitted that his position seems...
BBJ in print: Predictions for 2015
What can businesses in Hungary expect from 2015? Are banks in for more wild times? Will GDP growth and the real estate recovery continue? Will conflict in Ukraine keep us down? And what about the foundering forint and the threat of deflation? Find the answers to these questions and more in the latest print edition of the BBJ, on newsstands now....
MOL: Diesel deliveries disrupted
Hungarian oil and gas company MOL is currently experiencing disruptions in diesel supply via a pipeline running through the Ukraine, MOL confirmed today, adding that it hopes the amount specified in the contract will be delivered at a later date. MOL said deliveries of crude have not been affected. …read more Source: Budapest Business...
FGSZ confirms gas export to Ukraine
FGSZ, Hungary’s gas transmission system operator, confirmed today that gas exports to Ukraine have resumed and approximately 2.6 million cubic meters of gas were delivered to Ukraine on Saturday, FGSZ stated on its website. …read more Source: Budapest Business...
Ukraine resumes gas imports from Hungary
Ukraine resumed imports of natural gas from Hungary at 11 a.m. local time on Saturday, Interfax-Ukraine reported citing the press service of PJSC Ukrtransgaz. According to the company, gas imports in this area are soon to be conducted in the amount of 2.7 million cubic meters per day. …read more Source: Budapest Business...
Conflicts of the Past Year Connected by Corruption
A retrospective look at the conflicts dominating the headlines in 2014 presents a grim picture of escalating conflict and human suffering. Underneath the headlines is a common thread connecting the rise of the Islamic State in Iraq and Syria (ISIS), the Ukrainian protesters in the Maidan, and the Nigerian families still desperately seeking...
Szijjártó advocates ‘strong, stable’ Ukraine
According to Hungary’s Foreign Minister Péter Szijjártó, Hugary needs a “stable and economically strong Ukraine” folloeing talks with his Ukrainina counterpart Pavlo Klimkin, Hungarian news agency MTI reported late Friday. …read more Source: Budapest Business...
Soloyubov: Use Hungary to break up solidarity within the EU
Csaba TóthSoloyubov: Use Hungary to break up solidarity within the EU Russia could use “allies” Serbia and Hungary to break consensus and solidarity with the European Union concerning newest sanctions against Crimea, as well as general EU sanctions against Russia according to Russian political analyst, Yuri Solozubov. The political analyst at the...
Lázár ready to ditch Russia, use ‘war logic’
Cabinet chief János Lázár said the €10 bln credit from Russia for new reactors at Paks does not “tie Hungary’s hands to Russia” and it would be possible to “step back” from the deal, the weekly Figyelő reported today. Regarding the Ukraine crisis, Lázár reportedly said that it may force Hungary to use “crisis governance” and...
