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The Latest Breaking News from Hungary

Hungary's last-minute funding deal with EU averts market selloff

Hungary's last-minute deal with Brussels to secure billions in EU funding next year will help it avert a severe hit to its currency and bonds, while keeping Budapest under some scrutiny from corruption risks.

Reuters

Hungary hopes to sign agreements on EU funds within days: minister

Hungary hopes to sign funding agreements with the European Union within days to unlock billions of euros worth of recovery money and development funds, its EU negotiator Tibor Navracsics told a news conference on Tuesday.

Reuters

Russia-Ukraine war: US finalising plans to send Patriot missile defence system to Ukraine, reports say – as it happened

US defence secretary, Lloyd Austin, expected to approve plan before it is sent to US president Joe Biden for his signature

The Guardian - AU

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EU reaches deal on Ukraine aid, tax on big corporations

The European Union has reached a deal in principle to send an 18 billion euro ($18.93 billion) financial aid package to Ukraine and approve a minimum tax of major corporations in a big move that narrowed a rift between the European Union and recalcitrant member Hungary

The Independent UK

EU strikes deal with Hungary over Ukraine aid, tax plan, recovery funds

European Union governments on Monday struck a deal with Hungary that sorts out financial aid for Ukraine in 2023 and Budapest's approval for a global minimum corporate tax in exchange for the EU showing some flexibility about EU funds for Hungary.

Reuters

Maria Telkes: Why Google honours her today

Telkes was an innovative scientist recognised for her contributions to solar energy technologies.

Al Jazeera

Zelensky proposes ‘global peace summit’ for Ukraine to G7 nations

Ukrainian President Volodymr Zelensky on Monday proposed a special summit, which he called the Global Peace Formula Summit, “to determine how and when we can implement the points of the Ukrainian Peace Formula”, which would secure Ukraine’s security and territorial integrity. Read our live blog to see how all the…

France 24

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Last minute festive trips for solo travellers from Budapest to Amsterdam

Berlin in Germany, Amsterdam in the Netherlands, Edinburgh in Scotland, Helsinki in Finland and Budapest in Hungary are all great cities to visit solo in the run up to Christmas

Daily Mirror

Hungary's reforms not enough to unlock EU funds, European Commission says

Hungary has not implemented enough reforms to improve anti-corruption safeguards to grant Budapest billions of euros worth of EU funds, the European Commission said on Friday.

Reuters

Showdown between Brussels and Budapest: The battle over Hungary's EU funds

For years, Brussels has been at loggerheads with the Hungarian government over a host of issues – migrants, the rights of minorities, media freedoms, the independence of the justice system and, most recently, over Russia and Ukraine. Long-standing tensions are coming to a head as Hungary delays a proposed EU…

France 24

Volkswagen Delays Decision On Eastern Europe Battery Gigafactory

The Czech Republic, Hungary, Poland and Slovakia compete for VW's battery cell plant in eastern Europe, originally expected to start production in 2027.

InsideEVs

EU locked in intensifying tug-of-war with Hungary over money

The European Union was haggling with Hungary on Friday over releasing billions of euros in aid in exchange for Budapest revoking its veto on extending a joint loan to Ukraine and acceding to a minimum global tax.

Reuters

Blinken confident in Finland, Sweden accession to NATO

Secretary of State Antony Blinken said the United States is confident that Finland and Sweden will be approved soon for membership in NATO despite ratification delays in allies Turkey and Hungary

The Independent UK

Investigation exposes 'cage-like' migrant detention sites in Eastern Europe

A consortium of investigative journalists has exposed deplorable conditions at so-called "black sites" in Eastern Europe where migrants are reportedly being detained to prevent them from seeking asylum.

Radio France Internationale

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The Independent UK

Sir András Schiff review, Wigmore Hall: His whimsical manner and fluency of touch make this Christmas concert unforgettable

The Hungarian’s recitals are so sought-after that he has to repeat each of his programmes to keep up with demand

Daily Mirror

Best European countries for Christmas markets including one with a festive cave

The Netherlands, France, Czech Republic, Poland and Hungary are among the European countries which are the biggest draws for Brits looking for a Christmas market this year

Reuters

Hungary parliament approves lifespan extension of Paks nuclear power plant

Hungary's parliament on Wednesday approved extending the lifespan of four existing Russian-built reactors of the Paks nuclear power plant, greenlighting the government's plans of operating them up to 20 years longer.

Evening Standard

Five men sought after racial abuse at England v Hungary World Cup qualifying game

Met Police want to find this man and four others

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The Independent UK

Hungarian government scraps year-old ceiling on fuel prices

Hungary’s government is cancelling a state-imposed cap on fuel prices after a wave of panic-buying by motorists led to fuel shortages and long lines at filling stations across the country

Reuters

Hungarian government scraps price cap on fuels as shortage worsens

Hungary's government scrapped a price cap on fuels on Tuesday after a lack of imports and panic buying led to fuel shortages across the country in the past days that oil and gas group MOL said created a "critical situation."

The Independent UK

Orban’s Hungary vetoes crucial European aid package for Ukraine

The aid package was worth more than £15 billion

The Independent UK

Hungary vetoes EU Ukraine aid, deepening rift with Brussels

A rift between the European Union and member state Hungary has deepened after Budapest vetoed an 18-billion euro financial aid package to Kyiv, exacerbating a dispute over the rule of law in the country and Prime Minister Viktor Orban’s outlook over Russia’s invasion of Ukraine

Daily Mirror

Globe-trotting dogs rack up over 80,000 air miles as they join owner on epic travels

Maya, Lily, Charlie and Marvel are four Samoyed dogs who travel the world with their owner Oxana Nabokova and have visited Mexico, Aruba, France, Russia, Hungary, Austria, Croatia, Belgium, Slovenia, the Netherlands, the Dominican Republic and Turkey

Reuters

Hungary vetoes EU aid for Ukraine, bloc delays decision on funds for Budapest

Hungary vetoed an 18 billion euro ($19 bln) loan to Ukraine from the European Union on Tuesday as its row with the bloc over undermining democracy rumbled on and the other 26 member states delayed a decision on releasing billions of aid to Budapest.

Reuters

'Immoral' for Hungary to hold up EU financing deal for Ukraine - Lithuania

It is "immoral" for Hungary to hold up a European Union deal on 2023 financing for Ukraine to extract approval for Budapest's recovery plan and billions from the EU budget, Lithuanian Finance Minister Gintare Skaiste told Reuters on Monday.

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