After two consecutive quarters of decline, Hungary’s economy bounced back from recession in Q4, posting 0.5% quarter-on-quarter growth, beating analyst consensus by 0.3pp. Economic performance in 2025 is expected to be driven by a recovery in consumption and investments,
The Hungarian economy climbed out of recession at the end of last year though it was far from gaining momentum, complicating Prime Minister Viktor Orban’s plans to generate strong growth before crucial elections in just over a year.
Hungary plans to use small modular nuclear reactors as part of its energy mix, Foreign Minister Peter Peter Szijjarto said after holding talks with UK counterpart David Lammy.
The country has allocated more than €7 million to the development of its athletes in the current Olympic cycle, with the aim of winning 10 gold
Hungarian Foreign Minister Péter Szijjártó has said strategic cooperation with the UK on nuclear energy has been launched, with a specific focus on small modular reactors. ;
Hungary wants the European Union to intervene in a gas dispute it has with Ukraine, a potential sign of friction in the bloc’s upcoming discussions over renewing sanctions against Russia.
Hungary wants the European Union to persuade Ukraine to resume gas transit from Russia to Europe, Prime Minister Viktor Orban said on Friday, signalling a tough debate as the EU seeks to extend its sanctions against Russia over the coming week.
Hungarian Prime Minister Viktor Orbán, a key ally of Russia and a good friend of Donald Trump’s, took to X to congratulate the newly
Hungary may have emerged from its technical recession, but its economy didn't quite manage to end 2024 on a strong note
Comparing Friedrich Merz to Viktor Orban is more of a compliment than an insult, State Secretary Zoltan Kovacs wrote.
The Hungarian prime minister’s political director posted on his social media page on the occasion of the PM's two-day official visit to Abu Dhabi.