European Commission sees Hungary's "referendum" on Ukraine's EU accession as "non-binding"

Stock Photo: Getty Images The results of consultations conducted by Hungary on assessing Ukraine's potential accession to the European Union are not binding, but the European Commission takes them into account. Source: European Commission spokesman …

Two Towns Represent Hungary in Prestigious Flower Competition

Nyíregyháza Nyíregyháza, located in the northeastern part of Hungary, and Varsány, in northern Hungary, will represent the country in the anniversary competition of Entente Florale Europe, the European Flower Towns and Villages. A jury of renowned experts …

Hungarian State Railways (MÁV) will no longer operate Western Hungary railway lines

Photo: FB/GYSEV Regional railway company GYSEV has signed a contract to take over the operation of 752km of rail lines in the west of Hungary from MÁV starting July 1, MÁV group said on Tuesday. The takeover will not require any action from passengers: …

The price of more than 40 medicine products is lower from today in Hungary, price-monitoring extended

Voluntary price restrictions on a range of medicines entered force on Tuesday, the National Economy Ministry said in a statement. The ministry noted that pharmaceutical industry players had earlier agreed to roll back the prices of a number of popular …

Welcome to the 21st century: AI will decide about money transfers from today in Hungary!

On 1 July, Hungary is rolling out a major upgrade to the security of instant bank transfers: the Central Fraud Detection System (Központi Visszaélésszűrő Rendszer, KVR) went live, using artificial intelligence to assess transactions in real-time and …

DRS Success: Deposit-Return System in Hungary 'Exceeds Expectations'

Hungarians have readily embraced a deposit-return system (DRS) launched a year ago, the head of MOHU MOL, which has a nationwide municipal waste management concession, said in the latest Blue Planet podcast. Zsolt Petho said Hungarians' acceptance of …

Irish-Australian ace James McCabe beaten on Wimbledon debut by Hungary’s Fabian Marozsan

McCabe was beaten in straight sets 6-1, 6-4, 6-3 by Hungarian Fabian Marozsan. Born in the Philippines to a Filipino mother and a Dublin-born father, 22-year-old McCabe (ranked 176th in the world) faced a difficult task in his first round match against …

Apollo Tyres' Hungary facility receives ISCC+ certification

Hungary imposes mid-year austerity on state-owned companies

The Hungarian government is introducing further measures to stabilise the 2024 budget after earlier signs that this year’s fiscal plan has gone off track. The government has ordered a mandatory 5% reduction in personnel-related expenses at nearly all state …

US Greenlights Rosatom Bid to Build Nuclear Plant in Hungary

The US has lifted sanctions on Hungary’s Paks-2 nuclear plant project which involves Russia’s state energy giant Rosatom, Hungarian Foreign Minister Peter Szijjarto reported on X. “These politically motivated measures [the sanctions] were imposed by the …