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Uniper Sells Stake in Baltic Gas Distributor to Energy Investments

Uniper Sells Stake in Baltic Gas Distributor to Energy Investments

Germany’s Uniper SE said Wednesday it had sold its 18.26 percent interest in AS Latvijas Gaze, which is involved in natural gas trading and sales in the Baltic neighborhood primarily in Latvia, to co-venturer Energy Investments SIA. “The sale of...

‘More Foreign Workers in Hungary & Fewer Locals with Jobs are Not Linked’, Says Official

‘More Foreign Workers in Hungary & Fewer Locals with Jobs are Not Linked’, Says Official

The National Economy Ministry addressed reports on the local labour market "based on false conclusions" in a statement issued on Wednesday. The ministry said there was "absolutely no correlation" between a decline in the number of people employed...

Revolut freezes crypto accounts in Hungary amid legal crackdown

Revolut freezes crypto accounts in Hungary amid legal crackdown

Revolut has suspended all cryptocurrency services for Hungarian customers following the government's criminalisation of unauthorised crypto transactions under a sweeping legislative package. The neobank froze users’ entire crypto holdings as of...

Cut & Barrel: The New Go-To Place for Supreme Argentinian Steaks in Budapest

Cut & Barrel: The New Go-To Place for Supreme Argentinian Steaks in Budapest

In the heart of Óbuda, set within the historic Goldberger textile factory, Cut & Barrel Salumeria & Vineria is a must-try place for those who appreciate expertly grilled steaks, and bold Latin American tastes. Since opening about a year ago, it...

EU Debate Over Budapest Pride Sparks Sharp Divisions Among Hungarian MEPs

EU Debate Over Budapest Pride Sparks Sharp Divisions Among Hungarian MEPs

“The European Commission stands firmly and proudly with the LGBTQI community in Hungary and in all EU Member States,” EU Justice Commissioner Michael McGrath said on Wednesday in Strasbourg. The EU Commissioner expressed his gratitude to those who...

Bulgaria, Hungary, Poland, Slovakia and Romania express common position on agricultural imports into the EU

Bulgaria, Hungary, Poland, Slovakia and Romania express common position on agricultural imports into the EU

The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of the amended trade agreement between the EU and Ukraine, the Bulgarian Ministry of Agriculture...

The Government to Reach Out to Young Hungarians Living Worldwide

The Government to Reach Out to Young Hungarians Living Worldwide

“The government would like to reach out to members of the Hungarian diaspora worldwide, especially young people, in order to build relationships that will serve as a strong force for the nation,” said Levente Magyar, Parliamentary State Secretary...

Why we need to support our home industries in Scotland

Why we need to support our home industries in Scotland

Occasional contact with a “real economy” is a useful corrective to such selectivity in either direction. The transformation in Ireland, particularly from the 70s through to the 90s, helped by a lot of EU money and the Celtic Tiger, was remarkable...

Hungary’s inflation edges up in June

Hungary’s inflation edges up in June

Annual inflation in Hungary accelerated to 4.6% (chart) in June, up from 4.4% in May, in line with estimates and edged up 0.1% compared to May, the Central Statistical Office (KSH) said on July 8. The latest data are expected to bolster the...

EU and Ukraine reach agreement in principle on modernised agricultural trade as tariffs are reinstated

EU and Ukraine reach agreement in principle on modernised agricultural trade as tariffs are reinstated

Wheat harvesting in field - © Maksim Safaniuk/Shutterstock After EU protests prompt a return to pre-war agricultural quotas on Ukrainian exports, agreement in principle is reached for a modernised multiannual trade, while Ukraine shifts toward...

Why air cargo industry is lacking in tech, how is it being addressed

Why air cargo industry is lacking in tech, how is it being addressed

The global airline industry revenue is almost $1 trillion, and cargo contribution is almost 15 percent of it but the adoption of technology and innovation in the industry is as different as chalk and cheese... We cannot imagine the passenger...

Hungary faces renewed drought threat, jeopardising already fragile growth outlook

Hungary faces renewed drought threat, jeopardising already fragile growth outlook

Hungary is on the brink of a severe summer drought, as soil desiccation has accelerated in the recent heatwave following a dry winter and spring. Conditions resemble the summer of 2022, when record drought coupled with heatwaves caused widespread...

How Drag Race’s production company is helping small-town Prides across the country

How Drag Race’s production company is helping small-town Prides across the country

As corporations retreat from Pride event sponsorships amid the current administration’s efforts to dismantle diversity, equity, and inclusion initiatives, the co-founders of RuPaul’s Drag Race production company, World of Wonder, are helping some...

Top Hungary news: guest workers, livestreamed suicide, rape, Ráhel Orbán leaves Hungary before the elections – 9 July, 2025

Top Hungary news: guest workers, livestreamed suicide, rape, Ráhel Orbán leaves Hungary before the elections – 9 July, 2025

The EFOTT fetsival kicked off today near Lake Velence. Photo: MTI We’ve rounded up the top Hungary news from today: guest workers replacing Hungarian workforce, Ráhel Orbán moves to the USA before the elections, Hungarian teen livestreamed his...

Hungarian growers push for more local produce

Hungarian growers push for more local produce

The Délalföldi Kertészek Szövetkezete (Délkertész) reports that Hungarian vegetables on store shelves have not yet returned to pre-2019 levels. Imported vegetables, particularly from North Africa, continue to pressure the market, despite Hungarian...

Consumer Price Index Increases Again in Hungary

Consumer Price Index Increases Again in Hungary

Hungary's annualised consumer price index inched up to 4.6pc in June from 4.4pc in the previous month, data released by the Central Statistics Office (KSH) show. Food prices rose 6.2pc, but increased just 4.9pc excluding the price of eating out....

Hungary Inflation Rises To 4.6%

Hungary Inflation Rises To 4.6%

Hungary's consumer price inflation increased for the second straight month in June, the Hungarian Central Statistical Office said on Tuesday. Consumer prices rose 4.6 percent year-on-year in June, faster than the 4.4 percent increase in May. That...

Hungary and Croatia Build Stadium for €7.5 Million in Village of 500 Inhabitants

Hungary and Croatia Build Stadium for €7.5 Million in Village of 500 Inhabitants

The 7.5-million-euro stadium in the village of Vardarac, eastern Croatia. Photo: Facebook/NK Vardarac FC. The construction of a 7.5-million-euro stadium in the small Croatian village of Vardarac in the east of the country, home to just 504...

Hungary's inflation rises 4.6 pct in June, driven by food prices

BUDAPEST, July 8 (Xinhua) -- Hungary's consumer price index rose by 4.6 percent year-on-year in June, according to data released Tuesday by the Hungarian Central Statistical Office (KSH). On a monthly basis, inflation edged up 0.1 percent. Food...

Bulgaria, Hungary, Poland, Slovakia and Romania Urge Stronger EU Safeguards in Ukraine Trade Deal

Bulgaria, Hungary, Poland, Slovakia and Romania Urge Stronger EU Safeguards in Ukraine Trade Deal

Ministers of agriculture from Bulgaria, Hungary, Poland, Slovakia and Romania signed a joint declaration regarding the agricultural aspects of the amended trade agreement between the European Union and Ukraine in Budapest, the Ministry of...

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