Read the latest news from regional and global sources, presenting different voices and perspectives.
Hungarian unions to government: Follow EU rules or risk losing jobs, rights, and investment
Daily News Hungary
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July 4, 2025
Illustration. Photo: depositphotos.com The Hungarian Trade Union Federation issued a statement on Thursday insisting that the government was obliged to enact laws and implement rules drawn up by the European Commission “on the creation of quality...
Hungary Launches $443 Million Homebuyer Subsidy Amid Economic Stagnation
Diplomacy & Trade
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July 4, 2025
The Hungarian government will provide up to $443 million (150 billion forints) annually in interest subsidies to first-time homebuyers as part of a new housing support programme, Prime Minister Viktor Orbán’s administration announced this week....
Budapest’s young people are joining the ranks of generation rent
The Guardian
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July 4, 2025
When I left my family home to study at university in 2007 and moved to downtown Budapest, housing costs were hardly a topic of conversation among my friends. I rented rooms in centrally located flats for £80-£100 per month. Fast forward to 2025...
Market exchange rates in China -- July 4
China Internet Information Center
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BEIJING, July 4 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in...
Copenhagen To Exert “Maximum Pressure” on Hungary Over Ukraine’s EU Accession
Hungary Today
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July 4, 2025
Danish Minister for European Affairs Marie Bjerre told reporters that Denmark wants to speed up the Article 7 procedure against Hungary, reported Politico. “We are still seeing a violation on fundamental values,” Danish Minister for European...
New Direct Flights to Launch between Budapest and Frankfurt
Hungary Today
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July 4, 2025
Condor, Germany’s leading leisure airline, will launch a new direct flight between Frankfurt and Budapest on May 1, 2026, coinciding with the launch of flights from Barcelona and Venice, Turizmus.com reports. The three daily flights will be...
Denmark takes lead in EU, urges unity on Ukraine, trade
Arkansas Democrat Gazette
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July 4, 2025
Let us read it for you. Listen now. Your browser does not support the audio element. AARHUS, Denmark -- Denmark launched its presidency of the European Union on Thursday with a call for Europe to unite to take on war in Ukraine and chaos caused by...
FNE Market Analysis 2024: SLOVENIA
The Film New Europe
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The 2024 cinema attendance was a little lower than in 2023 (with around 8% drop in admissions, and 5% drop in box office). Regarding domestic titles, the drop in admissions was the same, 8%, but the box office increased by 1%. The Slovenian Film...
Moldova pushes for EU entry assurances as Hungary blocks Ukraine
Politico Europe
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July 4, 2025
That creates a potential impasse, especially given the reluctance in Brussels to leave Kyiv behind. Meanwhile, for the EU and Chișinău, Friday’s summit aims to send a strong political message ahead of a critical nationwide vote on Sept. 28, which...
Despite robust international support, Ukraine “running out of space” to cope with additional economic stress – IMF
BNE Intellinews
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The International Monetary Fund has warned that Ukraine’s ability to absorb further economic shocks is rapidly diminishing as the war with Russia enters its fourth year and reform momentum in Parliament slows. In its latest staff report released...
Sri Lanka secures € 30 m debt relief deal with Hungary
Daily FT
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Sri Lanka has taken another key step in its ongoing external debt restructuring process, signing a bilateral agreement with Hungarian Export Credit Insurance PLC to reschedule outstanding loans valued at around € 30 million (approximately Rs. 10.5...
OILING THE WHEELS OF TRADE How Russia Sidesteps Sanctions to Sustain Critical Oil and Gas Revenue
Europe Diplomatic Magazine
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July 3, 2025
The SCF Turgut oil tanker owned by Sovcomflot, a Russian state-owned shipping company © Sovcomflot We merrily pump it into the fuel tanks of our vehicles without really giving a thought to where it comes from. We should, perhaps, stop and think....
Economy Poised for Moderate Growth, Says Central Bank Governor
Hungary Today
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July 3, 2025
Due to global uncertainty, the US and European central banks have revised their inflation forecasts upwards, while moderating their growth expectations, said Mihály Varga on Wednesday at the European Central Bank’s (ECB) annual conference in...
Ukraine Summons Hungarian Ambassador Amid EU Membership Dispute
Mezha
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July 3, 2025
On July 3, the Ministry of Foreign Affairs of Ukraine summoned the Hungarian ambassador to Kyiv, Antal Heizer, in response to hostile statements from the Hungarian authorities. This was reported by the MFA press service. During the meeting, Deputy...
Hungary’s Gamma Technical expands vehicle range
Shephard Media
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Hungary’s Gamma Technical Corporation has expanded its range of Komondor 4×4 and 6×6 Light Armoured Vehicles (LAVs) to fit different users’ missions. These have been developed by the Special Vehicles Division of the company using internal research...
Hungary to start large-scale construction of Paks-2 NPP as soon as possible — Rosatom
TASS
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July 3, 2025
MOSCOW, July 3. /TASS/. The Hungarian government is demonstrating its desire to start a large-scale construction of the Paks-2 nuclear power plant (NPP) as soon as possible, Chief Executive Officer of Russia’s state-run corporation Rosatom Alexey...
Finance Ministry rolls out food price tracker
The Slovak Spectator
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July 3, 2025
Article continues after video advertisement Article continues after video advertisement Slovakia has launched a new online platform that allows consumers to compare the prices of essential groceries across the country’s leading supermarket chains,...
Ukraine Gets Higher Quotas For Some Agricultural Exports In Preliminary Trade Deal With EU
Radio Free Europe - Radio Liberty
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July 3, 2025
The European Commission and Kyiv have struck a preliminary deal that should allow more Ukrainian agricultural exports into the European Union. The agreement represents a compromise between two trade regimes. One of them is the total trade...
Hungary launches cheap loans to rescue tourism: can small businesses survive the season?
Daily News Hungary
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July 3, 2025
Hungary’s government is creating new targeted loan programmes for the tourism industry, the National Economy Ministry told MTI on Thursday. The ministry will be establishing the Kisfaludy Tourist Credit Centre (KTH) with the goal of providing...
Hungary’s big housing push: Cheap loans with 10% down, student hostel plans
Daily News Hungary
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July 3, 2025
The government’s Home Start programme marks a “big step forward” for young Hungarians seeking to buy their first home, Gergely Gulyás, the head of the Prime Minister’s Office, said at a weekly press briefing on Thursday. Home Start programme...