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Hungarian MEPs Urge EU to Unfreeze Funds for Hungary Immediately

Members of the European Parliament from Hungary's Fidesz-KDNP party are urging the European Union to release funds currently withheld from the country without conditions....
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Business

Hungary Airlines Expands Cargo Services, Reshapes Operational Strategy

Hungary Airlines is adapting its strategies amid shifting conditions in the European air cargo market, which have arisen following the implementation of a €3...
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Business

Péter Magyar Government Introduces Uncertainty to Hungary’s Auto Industry

Hungary has solidified its position as a key player in the European automotive industry, drawing substantial investments from global car giants over the years....
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Business

Google Triumphs in US Antitrust Case, Avoids Breakup

A U.S. judge has decided against the Department of Justice's attempt to compel Google to divest its advertising exchange, known as AdX. This ruling...
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Business

Lidl Hungary Launches €162 Million Logistics Hub in Kiskunfélegyháza

Lidl Hungary has launched its largest logistics hub in the country, located in Kiskunfélegyháza, with an investment of nearly 60 billion forints, equivalent to...
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Business

Hungary Slashes Key Interest Rate to 5.50%

On Tuesday, Hungary's central bank continued its trend of easing monetary policy by reducing the key interest rate by 25 basis points, bringing it...
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Business

Anthropic Poised to Compete with SpaceX for 2026’s Largest IPO.

In the anticipated race for the largest initial public offering (IPO) of 2026, Anthropic is positioning itself as a formidable competitor to SpaceX. The...
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Business

Apollo Global Management Acquires EasyJet in £5.7 Billion Deal

In a significant business move, EasyJet has agreed to a £5.7 billion acquisition deal with Apollo Global Management, a US-based private equity firm. This...
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China, Germany Boost Bilateral Tech and Business Collaboration

China and Germany are enhancing their business and technology partnerships, with innovation now moving both ways, according to a...
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Hungary, Austria Aim to Revitalize Their Bilateral Relationship

Austrian Chancellor Christian Stocker hosted Hungarian Prime Minister Péter Magyar in Vienna on Thursday, marking a significant moment in...
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EU Industry Faces Increased Import Dependence, Sparking New China Shock Concerns

Europe is grappling with a renewed "China shock" that poses a threat to its local industries, prompting concerns of...

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Hungary Proposes 2027 Budget with Tax Cuts and Increased Social Spending

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