Hungary

Country Hungary
Capital Budapest
Continent Europe
Currency Forint(HUF)
Languages Hungarian

Information

Introduction

Hungary became a Christian kingdom in A.D. 1000 and for many centuries served as a bulwark against Ottoman Turkish expansion in Europe. The kingdom eventually became part of the polyglot Austro-Hungarian Empire, which collapsed during World War I. The country fell under Communist rule following World War II. In 1956, a revolt and an announced withdrawal from the Warsaw Pact were met with a massive military intervention by Moscow. Under the leadership of Janos KADAR in 1968, Hungary began liberalizing its economy, introducing so-called "Goulash Communism." Hungary held its first multiparty elections in 1990 and initiated a free market economy. It joined NATO in 1999 and the EU in 2004.

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References

Hungary - Wikipedia
Hungary - CIA World Fact Book
Hungary - BBC
Hungary - Timeline - BBC

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Hungary shoots down eurobonds as alternative to EU’s Russian asset plan - politico.euHungary shoots down eurobonds as alternative to EU’s Russian asset plan  politico.eu

The Year of Hungary - TheWire.inThe Year of Hungary  TheWire.in

'Ready For War': EU Nations BLOCK Ukraine Funding In Stunning Shock To Zelensky | Hungary PM Says... - Times of India'Ready For War': EU Nations BLOCK Ukraine Funding In Stunning Shock To Zelensky | Hungary PM Says...  Times of India

Hungary secure quarter-finals with a comeback to earn dramatic draw against Japan - IHFHungary secure quarter-finals with a comeback to earn dramatic draw against Japan  IHF

Hungary's minimum wage to rise 11% in 2026 despite weak economy - ReutersHungary's minimum wage to rise 11% in 2026 despite weak economy  Reuters

Hungarian CATL factory to open in spring - electrive.comHungarian CATL factory to open in spring  electrive.com

Hungary’s outlook revised to negative by Fitch, rating affirmed - Investing.comHungary’s outlook revised to negative by Fitch, rating affirmed  Investing.com

?? Penalty drama: Germany edge past Hungary in World Cup last 16 - OneFootball?? Penalty drama: Germany edge past Hungary in World Cup last 16  OneFootball

Hungary Challenges EU's Phase-Out of Russian Energy Imports - Crude Oil Prices Today | OilPrice.comHungary Challenges EU's Phase-Out of Russian Energy Imports  Crude Oil Prices Today | OilPrice.com

Hungary's Orban defies EU partners and meets Putin again in Moscow - BBCHungary's Orban defies EU partners and meets Putin again in Moscow  BBC

Hungary prevail against Romania to remain perfect - IHFHungary prevail against Romania to remain perfect  IHF

Bare Metal: Hungarian workers go shirtless for a good cause - ReutersBare Metal: Hungarian workers go shirtless for a good cause  Reuters

NATO’s presence in Hungary - nato.intNATO’s presence in Hungary  nato.int

Hungary seeks feedback on revised TP documentation requirements - International Tax ReviewHungary seeks feedback on revised TP documentation requirements  International Tax Review

Hungary to sue EU over 'Brussels diktat' to phase out Russian energy - Euronews.comHungary to sue EU over 'Brussels diktat' to phase out Russian energy  Euronews.com

Hungary’s Outlook Cut to Negative at Fitch on Budget Loosening - Bloomberg.comHungary’s Outlook Cut to Negative at Fitch on Budget Loosening  Bloomberg.com

Budapest joins Debrecen, Eger, Szeged : Get Unforgettable Christmas Exuberence in Hungary and Discover the Best Holiday Markets Now - Travel And Tour WorldBudapest joins Debrecen, Eger, Szeged : Get Unforgettable Christmas Exuberence in Hungary and Discover the Best Holiday Markets Now  Travel And Tour World

Rule of law concerns could cost Hungary its €16 billion in defence loans - EuractivRule of law concerns could cost Hungary its €16 billion in defence loans  Euractiv

Bad news: Hungary downgrated to negative by top credit rating agency - Daily News HungaryBad news: Hungary downgrated to negative by top credit rating agency  Daily News Hungary

Yettel Hungary Taps Peter Jantosovic to Drive Digital Innovation as CTIO - The Fast ModeYettel Hungary Taps Peter Jantosovic to Drive Digital Innovation as CTIO  The Fast Mode

Hungary Vows Legal Fight After EU Agrees To Phase Out Russian Gas - Radio Free Europe/Radio LibertyHungary Vows Legal Fight After EU Agrees To Phase Out Russian Gas  Radio Free Europe/Radio Liberty

Fitch cuts Hungary's outlook on worsening finances ahead of election - ReutersFitch cuts Hungary's outlook on worsening finances ahead of election  Reuters

Hungary to challenge EU decision to phase out Russian energy imports - ReutersHungary to challenge EU decision to phase out Russian energy imports  Reuters

Japan vs Hungary | Germany/Netherlands 2025 | © IHF - IHFJapan vs Hungary | Germany/Netherlands 2025 | © IHF  IHF

Exclusive: Hungary's MOL interested in Lukoil assets, sources say - ReutersExclusive: Hungary's MOL interested in Lukoil assets, sources say  Reuters

EU agrees to end Russian gas imports by late 2027; Hungary, Slovakia oppose - ReutersEU agrees to end Russian gas imports by late 2027; Hungary, Slovakia oppose  Reuters

Hungarian energy group MVM prepares to phase out Russian gas if needed - ReutersHungarian energy group MVM prepares to phase out Russian gas if needed  Reuters

Hungary prepares to upgrade 1,000 km of railway - Railway PROHungary prepares to upgrade 1,000 km of railway  Railway PRO

Chart: Hungary is leading the world in solar adoption - Canary MediaChart: Hungary is leading the world in solar adoption  Canary Media

Hungary PM Orban’s Fidesz narrows gap on opposition rival, opinion poll shows - ThePrintHungary PM Orban’s Fidesz narrows gap on opposition rival, opinion poll shows  ThePrint

Hungary Becomes Net Contributor to the European Union - Hungarian ConservativeHungary Becomes Net Contributor to the European Union  Hungarian Conservative

Hungary’s retail sales rise 3.1% year-on-year in October - Investing.com IndiaHungary’s retail sales rise 3.1% year-on-year in October  Investing.com India

Fitch downgrades Hungary's outlook to 'Negative' on foggy fiscal consolidation path - TradingViewFitch downgrades Hungary's outlook to 'Negative' on foggy fiscal consolidation path  TradingView

Fitch downgrades Hungary's outlook to 'Negative' - TradingViewFitch downgrades Hungary's outlook to 'Negative'  TradingView

Ukraine hits pipeline sending Russian oil to Hungary and Slovakia, source says - ThePrintUkraine hits pipeline sending Russian oil to Hungary and Slovakia, source says  ThePrint

Fitch Revises Hungary's Outlook to Negative; Affirms at 'BBB' - TradingViewFitch Revises Hungary's Outlook to Negative; Affirms at 'BBB'  TradingView

Hungary’s Orban to send team to Russia, expecting end of Ukraine war - South China Morning PostHungary’s Orban to send team to Russia, expecting end of Ukraine war  South China Morning Post

Magical Light Installations and Free Advent Events in Budapest City Park - Hungary TodayMagical Light Installations and Free Advent Events in Budapest City Park  Hungary Today

Budapest vows to contest EU move to end Russian energy imports - TVP WorldBudapest vows to contest EU move to end Russian energy imports  TVP World

Alliance between the government and businesses ensures Hungary’s economic stability, minister says - The Budapest TimesAlliance between the government and businesses ensures Hungary’s economic stability, minister says  The Budapest Times

Hungary Industrial Output Drops in October - TradingViewHungary Industrial Output Drops in October  TradingView

Hungary to challenge EU decision on phasing out Russian energy imports - Investing.com IndiaHungary to challenge EU decision on phasing out Russian energy imports  Investing.com India

Hungary's October industrial output fell 2.7% y/y, less than expected -stats - TradingViewHungary's October industrial output fell 2.7% y/y, less than expected -stats  TradingView

Hungarian State Railways ended their most used discount without saying a word - Daily News HungaryHungarian State Railways ended their most used discount without saying a word  Daily News Hungary

Hungary’s Orban announces 11% minimum wage hike for 2026 - Investing.com IndiaHungary’s Orban announces 11% minimum wage hike for 2026  Investing.com India

Hungary to open its part of high-speed railway to Serbia in Feb - report - SeeNewsHungary to open its part of high-speed railway to Serbia in Feb - report  SeeNews

Hungary Retail Sales Growth at 6-Month High - TradingViewHungary Retail Sales Growth at 6-Month High  TradingView

Hungary has blocked EU funding for Ukraine. - ???? ????Hungary has blocked EU funding for Ukraine.  ???? ????

Agreement in the EU on the gradual ban on imports of Russian gas, Hungary announces an appeal - European NewsroomAgreement in the EU on the gradual ban on imports of Russian gas, Hungary announces an appeal  European Newsroom

Hungary claims ‘indefinite’ US sanctions waiver for Russian energy imports - Al JazeeraHungary claims ‘indefinite’ US sanctions waiver for Russian energy imports  Al Jazeera

Viktor Orbán begins ‘anti-war roadshow’ as Hungary gears up for 2026 elections - The GuardianViktor Orbán begins ‘anti-war roadshow’ as Hungary gears up for 2026 elections  The Guardian

Germany-Hungary Outshine Switzerland, Austria, France, Denmark, And Poland, Claiming The Lead In Europe’s Christmas And New Year Travel With Over Thirty Percent Booking Increases - Travel And Tour WorldGermany-Hungary Outshine Switzerland, Austria, France, Denmark, And Poland, Claiming The Lead In Europe’s Christmas And New Year Travel With Over Thirty Percent Booking Increases  Travel And Tour World

When Defense Becomes Destruction: Austria-Hungary’s Mistake and Ukraine’s Risk - War on the RocksWhen Defense Becomes Destruction: Austria-Hungary’s Mistake and Ukraine’s Risk  War on the Rocks

Hungary PM Orban's Fidesz narrows gap on opposition rival, opinion poll shows - ReutersHungary PM Orban's Fidesz narrows gap on opposition rival, opinion poll shows  Reuters

Uzbekistan, Hungary Launch New Pilot Projects to Boost Ties - Caspian PostUzbekistan, Hungary Launch New Pilot Projects to Boost Ties  Caspian Post

CATL's Hungary battery plant ready to launch, capacity fully booked - China DailyCATL's Hungary battery plant ready to launch, capacity fully booked  China Daily

Hungary's retail sales rise 3.1% in annual terms in October- stats - TradingViewHungary's retail sales rise 3.1% in annual terms in October- stats  TradingView

With Hungary, We Are Closer than We Thought — An Interview with Sara Mohammad Amin Falaknaz - Hungarian ConservativeWith Hungary, We Are Closer than We Thought — An Interview with Sara Mohammad Amin Falaknaz  Hungarian Conservative

Agricultural Output Rises above HUF 4.4 Trillion despite Weather and Market Pressures - Hungary TodayAgricultural Output Rises above HUF 4.4 Trillion despite Weather and Market Pressures  Hungary Today

Tourism Between U.S. and Hungary Grows with Direct Flights and Rising Visitor Numbers - Travel And Tour WorldTourism Between U.S. and Hungary Grows with Direct Flights and Rising Visitor Numbers  Travel And Tour World

Hungary Rejects Claims of Large-Scale Loans to Chad amid Ongoing Missions - Hungarian ConservativeHungary Rejects Claims of Large-Scale Loans to Chad amid Ongoing Missions  Hungarian Conservative

How far would a Péter Magyar victory reset Hungary-EU relations? - UK in a changing EuropeHow far would a Péter Magyar victory reset Hungary-EU relations?  UK in a changing Europe

Hungary spends EUR 100 million rebuilding a ghost village — in Azerbaijan - Daily News HungaryHungary spends EUR 100 million rebuilding a ghost village — in Azerbaijan  Daily News Hungary

Hungary seeks Lukoil’s Azerbaijani asset as global competition intensifies - Aze.MediaHungary seeks Lukoil’s Azerbaijani asset as global competition intensifies  Aze.Media

Trump’s Russian oil waiver gives Orban a win at Hungary’s expense - Al JazeeraTrump’s Russian oil waiver gives Orban a win at Hungary’s expense  Al Jazeera

Hungary Requests More Than $20 Billion in EU Defense Funds - Bloomberg.comHungary Requests More Than $20 Billion in EU Defense Funds  Bloomberg.com

Uzbekistan, Hungary Sign Pact to Boost Bilateral Cooperation - Caspian PostUzbekistan, Hungary Sign Pact to Boost Bilateral Cooperation  Caspian Post

Hungary rejects arms, funding for Ukraine, backs Trump’s peace push | Daily Sabah - Daily SabahHungary rejects arms, funding for Ukraine, backs Trump’s peace push | Daily Sabah  Daily Sabah

Is Hungary ready to move away from Russian gas? Preparations have secretly begun - Daily News HungaryIs Hungary ready to move away from Russian gas? Preparations have secretly begun  Daily News Hungary

Hungary to challenge the Russian energy import ban at the European Court - ceenergynews.comHungary to challenge the Russian energy import ban at the European Court  ceenergynews.com

Sovereign rating review note: Hungary has dodged Moody’s downgrade bullet - ING ThinkSovereign rating review note: Hungary has dodged Moody’s downgrade bullet  ING Think

Poland’s President Nawrocki cancels Orbán meeting after Hungarian PM’s Putin visit - Notes From PolandPoland’s President Nawrocki cancels Orbán meeting after Hungarian PM’s Putin visit  Notes From Poland

Putin hosts Hungary's Orban for talks on energy and Ukraine - ReutersPutin hosts Hungary's Orban for talks on energy and Ukraine  Reuters

Hungary vows to challenge EU plan to phase out Russian fuel - Anadolu AjansiHungary vows to challenge EU plan to phase out Russian fuel  Anadolu Ajansi

PM Viktor Orbán: This will be our last election before the war - Daily News HungaryPM Viktor Orbán: This will be our last election before the war  Daily News Hungary

József Bozsik Statue Unveiled in Budapest - Hungarian ConservativeJózsef Bozsik Statue Unveiled in Budapest  Hungarian Conservative

Ukraine strikes Druzhba oil pipeline again, HUR source says, despite Hungary, Slovakia's appeal - The Kyiv IndependentUkraine strikes Druzhba oil pipeline again, HUR source says, despite Hungary, Slovakia's appeal  The Kyiv Independent

Extension of Hungarian GloBE registration submission deadline - DeloitteExtension of Hungarian GloBE registration submission deadline  Deloitte

Hungary Says Russia’s Druzhba Oil Flows Continue After Strike - Bloomberg.comHungary Says Russia’s Druzhba Oil Flows Continue After Strike  Bloomberg.com

Hungary Golden Visa : Residency by Investment 2025 - Get Golden VisaHungary Golden Visa : Residency by Investment 2025  Get Golden Visa

U.S.-Hungary Relations Reach New Heights - U.S. Department of State (.gov)U.S.-Hungary Relations Reach New Heights  U.S. Department of State (.gov)

Hungary to launch challenge against EU plan to ban Russian energy, says FM - China Daily - Global EditionHungary to launch challenge against EU plan to ban Russian energy, says FM  China Daily - Global Edition

Fitch cuts Hungary’s outlook to negative amid pre-election fiscal spending - finance.liga.netFitch cuts Hungary’s outlook to negative amid pre-election fiscal spending  finance.liga.net

Hungary launches 2026 motorway vignettes – Prices and new regional option revealed! - Daily News HungaryHungary launches 2026 motorway vignettes – Prices and new regional option revealed!  Daily News Hungary

The Guardian view on special Trump treatment for Hungary: roll on the next election | Editorial - The GuardianThe Guardian view on special Trump treatment for Hungary: roll on the next election | Editorial  The Guardian

Concern at Hungary’s new anti-LGBTIQ+ law - ohchrConcern at Hungary’s new anti-LGBTIQ+ law  ohchr

Hungary to challenge EU decision to phase out Russian energy imports -foreign minister - TradingViewHungary to challenge EU decision to phase out Russian energy imports -foreign minister  TradingView

CATL Sets Goal of Starting Battery Production Next Spring in Debrecen – Hungary - Batteries NewsCATL Sets Goal of Starting Battery Production Next Spring in Debrecen – Hungary  Batteries News

Hungary's Veto Raises Stakes in EU Talks on Using Frozen Russian Assets for Ukraine Funding - ?????Hungary's Veto Raises Stakes in EU Talks on Using Frozen Russian Assets for Ukraine Funding  ?????

Surge in congenital syphilis cases in Hungary: 21 infant deaths this year - Daily News HungarySurge in congenital syphilis cases in Hungary: 21 infant deaths this year  Daily News Hungary

Orbán: New Wage Deal to Boost Incomes for 700,000 Hungarian Families - Hungarian ConservativeOrbán: New Wage Deal to Boost Incomes for 700,000 Hungarian Families  Hungarian Conservative

Hungary's MOL eyes Lukoil's international assets - Latest news from AzerbaijanHungary's MOL eyes Lukoil's international assets  Latest news from Azerbaijan

Orbán’s claims of Trump summit triumph mask growing doubts over his grip on power - The GuardianOrbán’s claims of Trump summit triumph mask growing doubts over his grip on power  The Guardian

Hungary’s first Mere discount store opens today – if you’re looking for rock-bottom prices, this will be your shop! - Daily News HungaryHungary’s first Mere discount store opens today – if you’re looking for rock-bottom prices, this will be your shop!  Daily News Hungary

The Hungarian Parliament building: Budapest’s architectural icon worth exploring ?– a 2025 guide - Daily News HungaryThe Hungarian Parliament building: Budapest’s architectural icon worth exploring ?– a 2025 guide  Daily News Hungary

Hungary Rejects Ukraine’s €160bn NATO Funding Request - ??????? ????Hungary Rejects Ukraine’s €160bn NATO Funding Request  ??????? ????

Budapest-Belgrade travel time to drop to 3.5 hours as rail tests finally begin in Hungary - Daily News HungaryBudapest-Belgrade travel time to drop to 3.5 hours as rail tests finally begin in Hungary  Daily News Hungary

Orbán Highlights Peace, Heritage at Inauguration of Rebuilt Jewish Hospital in Budapest - Hungarian ConservativeOrbán Highlights Peace, Heritage at Inauguration of Rebuilt Jewish Hospital in Budapest  Hungarian Conservative

Hungary Raises Retirement Age - The European Times NewsHungary Raises Retirement Age  The European Times News

UPDATE 1-Ukraine hits pipeline sending Russian oil to Hungary and Slovakia, source says - DevdiscourseUPDATE 1-Ukraine hits pipeline sending Russian oil to Hungary and Slovakia, source says  Devdiscourse