The EU successfully pressured Hungarian Prime Minister Viktor Orban to approve a 50 billion euro ($54 billion) aid package to Ukraine, and EU leaders agreed to push through the spending on Thursday. Ahead of the summit, Financial Times reported that the EU was...
EU Plans to Sabotage Hungary’s Economy If Orban Blocks Ukraine Aid
The EU is planning to sabotage Hungary's economy if Hungarian Prime Minister Viktor Orban blocks a 50 billion euro aid package to Ukraine at a summit of EU leaders that will happen on Thursday, Financial Times reported on Monday. The plan that has been outlined by EU...
Turkey, Hungary Expected to Ratify Sweden’s NATO Bid This Fall
Hungary has said it will approve Sweden's NATO bid now that Turkey has dropped its objection, but both the Hungarian and Turkish parliaments will not take up the issue until the fall. Turkish President Recep Tayyip Erdogan said Wednesday that his country's parliament...
Hungary’s Orban Says Ukraine War Can Only End With Deal Between Russia and US
Hungarian Prime Minister Viktor Orban said Tuesday that Ukraine is unlikely to win the war against Russia and that the only way the conflict can end is through a deal between the US and Russia. "Looking at the reality, the figures, the surroundings, the fact that NATO...
Hungary Blocks Aid to Ukraine Over Blacklisting of Hungarian Bank
Hungary on Wednesday said it would continue to block EU aid to Ukraine due to Kyiv's "increasingly belligerent" attitude. Hungarian Foreign Minister Peter Szijjarto said Ukraine won't receive a $543 million tranche of aid until it removes Hungary's OTP Bank from a...
US Slaps Sanctions on Hungary Bank Over Russia Ties
The US on Wednesday imposed sanctions on a bank based in Hungary over its ties to Russia, a move that further strains ties between Washington and Budapest. According to Reuters, the sanctions targeted three top officials in the International Investment Bank in...
Hungary’s Parliament Ratifies Finland’s NATO Membership
Hungary's parliament on Monday voted to ratify Finland's NATO membership, bringing the alliance one step closer to significantly expanding on Russia's border. Hungary's National Assembly approved Finland's NATO bid in a vote of 182 to 6. Finland has already amended...
Hungarian Parliamentary Delegation Backs Sweden’s NATO Bid
A Hungarian parliamentary delegation visited Sweden on Tuesday and expressed support for the country's NATO bid but also told Swedish officials to stop telling "lies" about Hungary. Csaba Hende, the deputy speaker of Hungary's parliament, led the delegation and said...
Hungary to Send Delegation to Sweden, Finland Over NATO Bids
The head of Hungary's ruling party in parliament said Thursday that Budapest is sending a delegation to Sweden and Finland to discuss their NATO bids. Hungary and Turkey are the only two NATO countries that have yet to approve of the two Nordic nations joining. Prime...
EU, Hungary Reach Deal on Sending Ukraine 18 Billion Euros
Hungary previously vetoed the plan