Before reupping the sanctions, Budapest wanted to wait for Trump's inauguration, then insisted Brussels push Ukraine to reopen a gas pipeline running to Central Europe.

The EU will be able to renew its sectoral sanctions against Russia after Hungary abandoned its veto threat, which it had linked to energy concerns. View on euronews

Topigs Norsvin has appointed László Pecze as director of Topigs Norsvin Central Europe. Pecze started his new position on January 23 and reports to Arno van de Laar, regional director (Europe). Topigs Norsvin Central Europe is based in Budaörs, near Budapest, Hungary, and is active in 14 countries in the region.

"While recent research suggests that de jure central bank independence has never been more prevalent than it is today, there is no doubt that the de facto independence of central banks is being called into question in several parts of the world," Lagarde told a Hungarian central bank conference.

Turmoil in Europe's car sector could hit the central European economy and hurt banks' asset quality, S&P Global said on Tuesday, although it added that lenders were strong enough to withstand stress in their automotive portfolios.

Krisztina Than, deputy bureau chief for Central and Eastern ... 1993 and has evolved into one of Europe’s largest music festivals. Taking the tram: Budapest has an excellent public transport ...

Planning a trip to Budapest in the second half of 2025? Be sure to add a new must-visit to your list: the city is set to welcome a Time Out Market.

Ruby Hotels has announced its first project in Hungary, marking its market entry into Budapest. Located within the Corvin Palace, this project aims to transform the historic building into a vibrant hub for visitors and locals,

Civil society, the media and democratic norms have increasingly come under threat as the Fidesz-KDNP coalition government in Hungary.

European Union foreign policy chief Kaja Kallas said she expected the bloc to renew its sanctions on Russia on Monday after Hungary signalled it would stop holding up the move in return for assurances about energy security.

Hungary has stopped delaying the renewal of European sanctions on Moscow, which may have detrimental consequences on its relationship with Russia.

Hungary was expected on Monday to lift its block on the EU prolonging its sanctions on Russia, after weeks of stalling from Prime Minister Viktor Orban, diplomats said.