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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News Headlines

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Europe’s plan to keep Ukraine afloat — even if Hungary keeps blocking €90B loan - politico.euEurope’s plan to keep Ukraine afloat — even if Hungary keeps blocking €90B loan  politico.eu

Ukraine war briefing: Zelenskyy accuses Hungary of ‘banditry’ over seized gold and cash - The GuardianUkraine war briefing: Zelenskyy accuses Hungary of ‘banditry’ over seized gold and cash  The Guardian

Ukraine war briefing: row between Kyiv and Hungary over pipeline carrying Russian oil deepens - The GuardianUkraine war briefing: row between Kyiv and Hungary over pipeline carrying Russian oil deepens  The Guardian

Kremlin backs covert campaign to keep Viktor Orbán in power - Financial TimesKremlin backs covert campaign to keep Viktor Orbán in power  Financial Times

Hungary sends Druzhba fact-finding mission to Ukraine, deputy minister says - Arab NewsHungary sends Druzhba fact-finding mission to Ukraine, deputy minister says  Arab News

Hungary's parliament passes resolution against Ukraine's EU bid - The Kyiv IndependentHungary's parliament passes resolution against Ukraine's EU bid  The Kyiv Independent

Ukraine Central Bank Chief Slams Hungary Over $82 Million Heist - BloombergUkraine Central Bank Chief Slams Hungary Over $82 Million Heist  Bloomberg

Ukraine seeks return of money and valuables seized in Hungary - Euronews.comUkraine seeks return of money and valuables seized in Hungary  Euronews.com

Switzerland Joins Romania, Poland, Italy, Iceland, Hungary, and Denmark as UK Updates Strict Travel Advisory Amid Passport Reforms, Biometric Registration for Schengen Travelers, and Visa Policy Shifts in April 2026 - Travel And Tour WorldSwitzerland Joins Romania, Poland, Italy, Iceland, Hungary, and Denmark as UK Updates Strict Travel Advisory Amid Passport Reforms, Biometric Registration for Schengen Travelers, and Visa Policy Shifts in April 2026  Travel And Tour World

Hungary Posts $6.4 Billion Monthly Deficit After Orban Spending - BloombergHungary Posts $6.4 Billion Monthly Deficit After Orban Spending  Bloomberg

Japan v Hungary - Courtside 1891Japan v Hungary  Courtside 1891

EU weighs backup plan for Ukraine if Hungary and Slovakia block loan [VIDEO REPORT] - TVP WorldEU weighs backup plan for Ukraine if Hungary and Slovakia block loan [VIDEO REPORT]  TVP World

Hungary Can Protect Itself from Energy Crisis with Sovereign Policy, FM Says - Hungarian ConservativeHungary Can Protect Itself from Energy Crisis with Sovereign Policy, FM Says  Hungarian Conservative

Hungary's opposition Tisza party maintains lead as election nears, poll shows - ReutersHungary's opposition Tisza party maintains lead as election nears, poll shows  Reuters

Hungarian PM Orban campaigns on fears of war and hatred of Ukraine - Le Monde.frHungarian PM Orban campaigns on fears of war and hatred of Ukraine  Le Monde.fr

Hungary sends druzhba fact-finding mission to Ukraine, deputy minister says - Global Banking & Finance Review®Hungary sends druzhba fact-finding mission to Ukraine, deputy minister says  Global Banking & Finance Review®

Cutting Off Hungarian Electricity Exports Would Be Costly for Ukraine - Hungary TodayCutting Off Hungarian Electricity Exports Would Be Costly for Ukraine  Hungary Today

Orbán’s rival accuses Kremlin of new smear blitz in Hungary election - politico.euOrbán’s rival accuses Kremlin of new smear blitz in Hungary election  politico.eu

Hungary’s parliament adopts bill opposing Ukraine’s EU membership, war aids - Anadolu AjansiHungary’s parliament adopts bill opposing Ukraine’s EU membership, war aids  Anadolu Ajansi

WIPO Director General Visits Hungary, Marks 130th Anniversary of the Hungarian Intellectual Property Office - World Intellectual Property Organization (WIPO)WIPO Director General Visits Hungary, Marks 130th Anniversary of the Hungarian Intellectual Property Office  World Intellectual Property Organization (WIPO)

Iran war gives Orbán late chance to reshape Hungary election [ANALYSIS] - TVP WorldIran war gives Orbán late chance to reshape Hungary election [ANALYSIS]  TVP World

Hungary sends fact-finding mission over Druzhba pipeline as Kyiv refuses to recognise delegation - Euronews.comHungary sends fact-finding mission over Druzhba pipeline as Kyiv refuses to recognise delegation  Euronews.com

Hungary limits fuel prices, asks EU to suspend sanctions on Russian energy - ReutersHungary limits fuel prices, asks EU to suspend sanctions on Russian energy  Reuters

Russia pushes online effort to help Hungary’s Orbán - TVP WorldRussia pushes online effort to help Hungary’s Orbán  TVP World

Hungary to cap fuel prices, PM Orban says - ReutersHungary to cap fuel prices, PM Orban says  Reuters

Hungary Halts Fuel Exports and Releases Strategic Reserves to Tackle Surging Energy Prices - ChemAnalystHungary Halts Fuel Exports and Releases Strategic Reserves to Tackle Surging Energy Prices  ChemAnalyst

Hungary demands EU lift sanctions on Russian energy as prices surge - Euronews.comHungary demands EU lift sanctions on Russian energy as prices surge  Euronews.com

Ukraine War, Day 1,477: Zelensky - Hungary's "Banditry" with Seizure of $122 Million in Gold and Cash - EA WorldViewUkraine War, Day 1,477: Zelensky - Hungary's "Banditry" with Seizure of $122 Million in Gold and Cash  EA WorldView

Hungarian Stand among Most Visited at Space-Comm Expo Europe - Hungarian ConservativeHungarian Stand among Most Visited at Space-Comm Expo Europe  Hungarian Conservative

Hungary’s election campaign is about to get even dirtier - politico.euHungary’s election campaign is about to get even dirtier  politico.eu

Hungary moves to legalize seizure of Ukrainian bank cash convoy - politico.euHungary moves to legalize seizure of Ukrainian bank cash convoy  politico.eu

Ukraine's Oschadbank demands money back, denies mafia allegations - Euronews.comUkraine's Oschadbank demands money back, denies mafia allegations  Euronews.com

Hungary’s Orban orders extra security, alleges Ukraine attacks plot - Al JazeeraHungary’s Orban orders extra security, alleges Ukraine attacks plot  Al Jazeera

SPAR Hungary extends local sourcing programme to nearly 140 suppliers - WebWireSPAR Hungary extends local sourcing programme to nearly 140 suppliers  WebWire

Slovakia’s Fico threatens existing EU sanctions on Russia, as Hungary vetoes new ones - EUobserverSlovakia’s Fico threatens existing EU sanctions on Russia, as Hungary vetoes new ones  EUobserver

Ukraine says Hungary is ‘legalizing robbery’ of seized $79 mln - TVP WorldUkraine says Hungary is ‘legalizing robbery’ of seized $79 mln  TVP World

Spectacular Results at World Winter Swimming Championship in Finland - Hungary TodaySpectacular Results at World Winter Swimming Championship in Finland  Hungary Today

Hungarian team enters Ukraine to probe Druzhba pipeline shutdown - politico.euHungarian team enters Ukraine to probe Druzhba pipeline shutdown  politico.eu

Hungary seizes millions of euros in cash and gold from Ukrainian convoy - The GuardianHungary seizes millions of euros in cash and gold from Ukrainian convoy  The Guardian

EU in a bind as deepfakes flood Hungarian election campaign - politico.euEU in a bind as deepfakes flood Hungarian election campaign  politico.eu

Hungary Introduces Fuel Price Cap to Protect Consumers - Hungarian ConservativeHungary Introduces Fuel Price Cap to Protect Consumers  Hungarian Conservative

Ukrainian bank workers released after detention in Hungary - BBCUkrainian bank workers released after detention in Hungary  BBC

Hungary will set a price cap on gasoline and diesel, Orbán says - AP NewsHungary will set a price cap on gasoline and diesel, Orbán says  AP News

Hungary's opposition leader Péter Magyar calls on Russia to refrain from election interference - Euronews.comHungary's opposition leader Péter Magyar calls on Russia to refrain from election interference  Euronews.com

Hungary sends team for pipeline talks denied by Ukraine - EuractivHungary sends team for pipeline talks denied by Ukraine  Euractiv

Kyiv Rebuffs Hungarian Team Sent to Check Pipeline Damage - BloombergKyiv Rebuffs Hungarian Team Sent to Check Pipeline Damage  Bloomberg

Hungarian Opposition Lead Narrows as Orban Intensifies Campaign - BloombergHungarian Opposition Lead Narrows as Orban Intensifies Campaign  Bloomberg

Hungary sends team for pipeline talks; Ukraine says 'didn't invite' them - Courthouse NewsHungary sends team for pipeline talks; Ukraine says 'didn't invite' them  Courthouse News

Hungary's Orbán orders authorities to hold some $82 million in seized Ukrainian cash and gold - AP NewsHungary's Orbán orders authorities to hold some $82 million in seized Ukrainian cash and gold  AP News

Energy price surge a risk to Hungary's rating, S&P says - ReutersEnergy price surge a risk to Hungary's rating, S&P says  Reuters

Hungary's Diplomatic Oil Clash: Fact-Finding Mission to Ukraine amidst Middle East Tensions - DevdiscourseHungary's Diplomatic Oil Clash: Fact-Finding Mission to Ukraine amidst Middle East Tensions  Devdiscourse

Hyundai Mobis expands European footprint with Hungary facility - Automotive WorldHyundai Mobis expands European footprint with Hungary facility  Automotive World

Hungary's Pipeline Pressure: Restarting Oil Amidst Diplomacy and Conflict - DevdiscourseHungary's Pipeline Pressure: Restarting Oil Amidst Diplomacy and Conflict  Devdiscourse

Ukraine alleges mistreatment of bank staff detained in Hungary - TVP WorldUkraine alleges mistreatment of bank staff detained in Hungary  TVP World

Hungary sends ‘fact-finding mission’ to Ukraine to investigate Druzhba outage [VIDEO] - TVP WorldHungary sends ‘fact-finding mission’ to Ukraine to investigate Druzhba outage [VIDEO]  TVP World

Hungary parliament adopts resolution opposing Ukraine's EU membership, war aid - TRT WorldHungary parliament adopts resolution opposing Ukraine's EU membership, war aid  TRT World

Hungary’s opposition party sees lead narrow as critical election nears for Orbán - The IndependentHungary’s opposition party sees lead narrow as critical election nears for Orbán  The Independent

“Britain Can Learn from Countries Like Hungary” – Interview with Matt Goodwin - Hungary Today“Britain Can Learn from Countries Like Hungary” – Interview with Matt Goodwin  Hungary Today

Hungary's Diplomatic Ballet: Fact-Finding Mission in Ukraine Over Oil Suspension - DevdiscourseHungary's Diplomatic Ballet: Fact-Finding Mission in Ukraine Over Oil Suspension  Devdiscourse

Orbán introduces a price cap on gasoline and diesel in Hungary - European InterestOrbán introduces a price cap on gasoline and diesel in Hungary  European Interest

Hungarian investor pursues ECT claim against Spain - Global Arbitration ReviewHungarian investor pursues ECT claim against Spain  Global Arbitration Review

Poland axes pay of wanted ex-Justice minister hiding in Hungary - TVP WorldPoland axes pay of wanted ex-Justice minister hiding in Hungary  TVP World

Kyiv says 'mask has slipped' after Hungarian minister admits link between seized Ukrainian cash, Druzhba - The Kyiv IndependentKyiv says 'mask has slipped' after Hungarian minister admits link between seized Ukrainian cash, Druzhba  The Kyiv Independent

Hungary's $82 million bank transit swoop deepens spat with Ukraine - ReutersHungary's $82 million bank transit swoop deepens spat with Ukraine  Reuters

Hungary sends team for pipeline talks denied by Ukraine - EuractivHungary sends team for pipeline talks denied by Ukraine  Euractiv

Hungary Sends Delegation to Kyiv for Talks on Druzhba Oil Pipeline - Kyiv PostHungary Sends Delegation to Kyiv for Talks on Druzhba Oil Pipeline  Kyiv Post

Hyundai Mobis completes new chassis modules plant in Hungary - Just AutoHyundai Mobis completes new chassis modules plant in Hungary  Just Auto

NBU Head Accuses Hungary of International Blackmail Over Seizure of Oschadbank Assets - Kyiv PostNBU Head Accuses Hungary of International Blackmail Over Seizure of Oschadbank Assets  Kyiv Post

Ukraine says Ukrainian bank employees detained with cash shipment in Hungary - ReutersUkraine says Ukrainian bank employees detained with cash shipment in Hungary  Reuters

Ukraine blasts Hungary over €71mln cash and gold seizure - TVP WorldUkraine blasts Hungary over €71mln cash and gold seizure  TVP World

Kyiv Says Hungarians Who Came for Druzhba Talks Are Not a Delegation - Kyiv PostKyiv Says Hungarians Who Came for Druzhba Talks Are Not a Delegation  Kyiv Post

Hungary detains Ukrainians carrying $82 million in cash and gold; Kyiv calls it a hostage-taking - NBC NewsHungary detains Ukrainians carrying $82 million in cash and gold; Kyiv calls it a hostage-taking  NBC News

Kyiv denounces Hungary's Druzhba assessment delegation as 'tourists' with no mandate - The Kyiv IndependentKyiv denounces Hungary's Druzhba assessment delegation as 'tourists' with no mandate  The Kyiv Independent

Hungary Vote Monitors Rebuked for Former Putin Translator’s Role - BloombergHungary Vote Monitors Rebuked for Former Putin Translator’s Role  Bloomberg

Hungary vetoes aid to Kyiv and blocks EU accession - Plataforma MediaHungary vetoes aid to Kyiv and blocks EU accession  Plataforma Media

Russia backs Hungary Orban campaign to influence April 2026 elections - mezha.netRussia backs Hungary Orban campaign to influence April 2026 elections  mezha.net

Hungary - Welcome to the United NationsHungary  Welcome to the United Nations

New UNU Institute in Hungary Will Advance Research on Issues of Peace, Security and Transformative Technologies - United Nations UniversityNew UNU Institute in Hungary Will Advance Research on Issues of Peace, Security and Transformative Technologies  United Nations University

The mask has slipped. Hungary’s officials do not hide their blackmail anymore. They openly confess to taking hostages and stealing money with the aim of demanding ransom. Such actions must be called by their name: state terrorism. We urge clear internatio - x.comThe mask has slipped. Hungary’s officials do not hide their blackmail anymore. They openly confess to taking hostages and stealing money with the aim of demanding ransom. Such actions must be called by their name: state terrorism. We urge clear internatio  x.com

Zelenskyy accuses Hungary of ‘banditry’ over Oschadbank seizure - TVP WorldZelenskyy accuses Hungary of ‘banditry’ over Oschadbank seizure  TVP World

EU plans €90B Ukraine loan despite Hungary’s resistance - Latest news from AzerbaijanEU plans €90B Ukraine loan despite Hungary’s resistance  Latest news from Azerbaijan

Extremely low Hungarian inflation proves a bittersweet victory - ING THINK economic and financial analysis | ING THINKExtremely low Hungarian inflation proves a bittersweet victory  ING THINK economic and financial analysis | ING THINK

EU still struggling to find solution to Hungary’s veto of Ukraine’s €90B lifeline - politico.euEU still struggling to find solution to Hungary’s veto of Ukraine’s €90B lifeline  politico.eu

Ukraine FM warns Hungary timing of delegation visit unacceptable - UkrinformUkraine FM warns Hungary timing of delegation visit unacceptable  Ukrinform

Europe’s Energy Crunch: Ideology vs Reality - Hungarian ConservativeEurope’s Energy Crunch: Ideology vs Reality  Hungarian Conservative

Millions seized by Hungary from Ukrainian state bank employees - ABC NewsMillions seized by Hungary from Ukrainian state bank employees  ABC News

PM Orbán: “We do not need Ukraine in the European Union” - Latest news about HungaryPM Orbán: “We do not need Ukraine in the European Union”  Latest news about Hungary

Ukraine accuses Hungary of seizing cash and gold shipment, detaining bank staff - politico.euUkraine accuses Hungary of seizing cash and gold shipment, detaining bank staff  politico.eu

Hungary temporarily detains 7 Ukrainians and seizes $80 million cash shipment, angering Kyiv - AP NewsHungary temporarily detains 7 Ukrainians and seizes $80 million cash shipment, angering Kyiv  AP News

Hungary: Low inflation complicates rate path – ING - FXStreetHungary: Low inflation complicates rate path – ING  FXStreet

Hungary Evacuates Nearly 1,000 People from Middle East Amid Ongoing Conflict - Hungarian ConservativeHungary Evacuates Nearly 1,000 People from Middle East Amid Ongoing Conflict  Hungarian Conservative

‘It is good to be a woman in Hungary,’ Speakers Say at KINCS Event - Hungarian Conservative‘It is good to be a woman in Hungary,’ Speakers Say at KINCS Event  Hungarian Conservative

Hungarian Tourists or Delegates? Controversy in Ukraine - DevdiscourseHungarian Tourists or Delegates? Controversy in Ukraine  Devdiscourse

Baltic, Nordic States Prepare €30B for Ukraine if Hungary Blocks EU Loan - Kyiv PostBaltic, Nordic States Prepare €30B for Ukraine if Hungary Blocks EU Loan  Kyiv Post

Ukraine accuses Hungary of 'physical and psychological pressure' on detained bank staff - The Kyiv IndependentUkraine accuses Hungary of 'physical and psychological pressure' on detained bank staff  The Kyiv Independent

EU sanctions Russian officials as Hungary blocks funds to Ukraine - Al JazeeraEU sanctions Russian officials as Hungary blocks funds to Ukraine  Al Jazeera

New WIPO Joint Master’s Program in IP Management launched in Hungary - World Intellectual Property Organization (WIPO)New WIPO Joint Master’s Program in IP Management launched in Hungary  World Intellectual Property Organization (WIPO)

Hungary to block 90 billion euro loan to Ukraine in Russian oil row - ReutersHungary to block 90 billion euro loan to Ukraine in Russian oil row  Reuters

Slovakia to block EU loan to Ukraine if Orban loses Hungarian election, Fico says - The Kyiv IndependentSlovakia to block EU loan to Ukraine if Orban loses Hungarian election, Fico says  The Kyiv Independent

Iran oil price shock fuels Hungary's campaign against Russia sanctions - The Kyiv IndependentIran oil price shock fuels Hungary's campaign against Russia sanctions  The Kyiv Independent