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Hungary: Extraordinary taxes and spending cuts of $ 6.1 billion

Hungarian Prime Minister Viktor Orban has used the emergency powers to issue decrees on a sweeping series of emergency taxes and cut spending of about $ 6.1 billion this year and next. The measures, which will hit...

Orban wins, Patriarch Cyril removed from list, EU approves new sanctions on Russia

The European Union (EU) has given its final approval on Thursday to the bloc in the sixth round of sanctions against Russia for invading Ukraine, a diplomat told Reuters. The sanctions include a partial ban on oil...

Hungary: Our opposition to sanctions on Patriarch Cyril ‘has been known for a long time’

"Hungary's opposition to European sanctions against the head of the Russian Orthodox Church, Patriarch Kirill," has been known for a long time, "Prime Minister Viktor Orban's spokesman told the state-run MTI news agency today. European Union leaders...

Summit: Orban is asking for additional guarantees

European leaders are in talks at the Brussels summit on a sixth package of sanctions against Russia. Shortly before 22.00 (Greek time) more than half had spoken, while everyone is in favor of an agreement. According to a...

Orban: ‘There is currently no acceptable compromise on oil’

Hungarian Prime Minister Viktor Orban has said there is "no" acceptable "compromise" at the moment regarding the European embargo on Russian oil, calling for more guarantees for his country's supply. "There is no compromise at the moment,"...

Orban declares state of emergency in Hungary over Ukraine war

The Hungarian government has declared a state of emergency in the country since Wednesday due to the war in Ukraine, Prime Minister Viktor Orban said in a Facebook video, noting that his cabinet needs room for...