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 Edges Toward June Interest Rate Cut After Forint Rally - Bloomberg.comHungary Edges Toward June Interest Rate Cut After Forint Rally  Bloomberg.com

Hungary’s Magyar eyes swift political deal to unfreeze EU funds after Orbán years – as it happened - The GuardianHungary’s Magyar eyes swift political deal to unfreeze EU funds after Orbán years – as it happened  The Guardian

Viktor Orbán ousted after 16 years in power as Hungarian opposition wins election landslide - BBCViktor Orbán ousted after 16 years in power as Hungarian opposition wins election landslide  BBC

The Presidency of the Assembly of States Parties welcomes Hungary’s decision to remain a State Party to the Rome Statute - | International Criminal CourtThe Presidency of the Assembly of States Parties welcomes Hungary’s decision to remain a State Party to the Rome Statute  | International Criminal Court

Hungary's Magyar vows to probe alleged misconduct by Orban's government - theweek.inHungary's Magyar vows to probe alleged misconduct by Orban's government  theweek.in

Hungary central bank maintains cautious approach to rate policy - Investing.comHungary central bank maintains cautious approach to rate policy  Investing.com

Zelenskyy hails Magyar’s win over Orbán as ‘the victory of light over darkness’ in Hungary – as it happened - The GuardianZelenskyy hails Magyar’s win over Orbán as ‘the victory of light over darkness’ in Hungary – as it happened  The Guardian

Hungarian election winner Magyar vows to rebuild EU relationship after stunning defeat of Viktor Orbán - Europe live - The GuardianHungarian election winner Magyar vows to rebuild EU relationship after stunning defeat of Viktor Orbán - Europe live  The Guardian

Magyar celebrates as Orbán’s 16-year rule ends - as it happened | Hungary - The GuardianMagyar celebrates as Orbán’s 16-year rule ends - as it happened | Hungary  The Guardian

Hungary’s central bank holds key rate at 6.25%, eyes June cut - Investing.comHungary’s central bank holds key rate at 6.25%, eyes June cut  Investing.com

AIDA Country Report on Hungary – Update on 2025 - European Council on Refugees and Exiles (ECRE) |AIDA Country Report on Hungary – Update on 2025  European Council on Refugees and Exiles (ECRE) |

Licensable picture: IIHF World Championships - Group A - Hungary v Latvia - Reuters ConnectLicensable picture: IIHF World Championships - Group A - Hungary v Latvia  Reuters Connect

Out of Illiberal Christian Democracy: Hungary’s Prospects for Constitutional Resettlement - ConstitutionNetOut of Illiberal Christian Democracy: Hungary’s Prospects for Constitutional Resettlement  ConstitutionNet

Balcers sets record as Latvia makes QF - IIHFBalcers sets record as Latvia makes QF  IIHF

Hungary's PM Magyar commits to investigating alleged misconduct in Orbán's administration - European InterestHungary's PM Magyar commits to investigating alleged misconduct in Orbán's administration  European Interest

National Bank of Hungary Review: The door opens to change - ING THINK economic and financial analysis | ING THINKNational Bank of Hungary Review: The door opens to change  ING THINK economic and financial analysis | ING THINK

Hungary - Economic and social change - BritannicaHungary - Economic and social change  Britannica

Hungary PM Magyar sees deal next week on releasing EU funds - ReutersHungary PM Magyar sees deal next week on releasing EU funds  Reuters

Hungary’s Magyar vows to probe alleged misconduct by Orban’s govt - MillenniumPostHungary’s Magyar vows to probe alleged misconduct by Orban’s govt  MillenniumPost

Hungary keeps base rate at 6.25% as inflation outlook improves - TradingViewHungary keeps base rate at 6.25% as inflation outlook improves  TradingView

Hungary’s central bank holds key rate at 6.25%, eyes June cut - Investing.com IndiaHungary’s central bank holds key rate at 6.25%, eyes June cut  Investing.com India

Licensable picture: IIHF World Championships - Group A - Hungary v Latvia - Reuters ConnectLicensable picture: IIHF World Championships - Group A - Hungary v Latvia  Reuters Connect

Hungary Holds Rate as Expected - TradingViewHungary Holds Rate as Expected  TradingView

Licensable picture: IIHF World Championships - Group A - Hungary v Latvia - Reuters ConnectLicensable picture: IIHF World Championships - Group A - Hungary v Latvia  Reuters Connect

Licensable picture: IIHF World Championships - Group A - Hungary v Latvia - Reuters ConnectLicensable picture: IIHF World Championships - Group A - Hungary v Latvia  Reuters Connect

Licensable picture: IIHF World Championships - Group A - Hungary v Latvia - Reuters ConnectLicensable picture: IIHF World Championships - Group A - Hungary v Latvia  Reuters Connect

Licensable picture: IIHF World Championships - Group A - Hungary v Latvia - Reuters ConnectLicensable picture: IIHF World Championships - Group A - Hungary v Latvia  Reuters Connect

Licensable picture: IIHF World Championships - Group A - Hungary v Latvia - Reuters ConnectLicensable picture: IIHF World Championships - Group A - Hungary v Latvia  Reuters Connect

Hungary Poised to Hold Key Rate With June Cut Seen in Play - Bloomberg.comHungary Poised to Hold Key Rate With June Cut Seen in Play  Bloomberg.com

Hungary's OTP Mortgage Bank lands second covered after slow opening - Global CapitalHungary's OTP Mortgage Bank lands second covered after slow opening  Global Capital

Latvia routs Hungary 8-1 to reach quarterfinals at ice hockey worlds - ABC News - Breaking News, Latest News and VideosLatvia routs Hungary 8-1 to reach quarterfinals at ice hockey worlds  ABC News - Breaking News, Latest News and Videos

Licensable picture: IIHF World Championships - Group A - United States v Hungary - Reuters ConnectLicensable picture: IIHF World Championships - Group A - United States v Hungary  Reuters Connect

Unfreezing EU Funds Without Melting the Rule of Law - VerfassungsblogUnfreezing EU Funds Without Melting the Rule of Law  Verfassungsblog

Licensable picture: IIHF World Championships - Group A - United States v Hungary - Reuters ConnectLicensable picture: IIHF World Championships - Group A - United States v Hungary  Reuters Connect

Can Viktor Orban be beaten? - The EconomistCan Viktor Orban be beaten?  The Economist

Gallery: Hungary vs Latvia - 2026 IIHF Men's World Championship - IIHFGallery: Hungary vs Latvia - 2026 IIHF Men's World Championship  IIHF

Team USA takes care of business - IIHFTeam USA takes care of business  IIHF

Hungary's new PM Magyar sworn in after landslide victory over Orbán - BBCHungary's new PM Magyar sworn in after landslide victory over Orbán  BBC

Hungary’s PM slashes political pay, including his own - TVP WorldHungary’s PM slashes political pay, including his own  TVP World

U.S. Defeats Hungary, 7-3, at Men’s Worlds - Team USA HockeyU.S. Defeats Hungary, 7-3, at Men’s Worlds  Team USA Hockey

Major Picasso Exhibition Exploring Hungarian Connections Opens in Hungary - Hungarian ConservativeMajor Picasso Exhibition Exploring Hungarian Connections Opens in Hungary  Hungarian Conservative

PM Magyar to slash own salary by half as Hungary targets politicians’ pay cuts - Daily News HungaryPM Magyar to slash own salary by half as Hungary targets politicians’ pay cuts  Daily News Hungary

Hungary central bank maintains cautious approach to rate policy By Investing.com - Investing.com NigeriaHungary central bank maintains cautious approach to rate policy By Investing.com  Investing.com Nigeria

Hungary Sees May 28 Deal With EU on Frozen Funds, PM Magyar Says - Bloomberg.comHungary Sees May 28 Deal With EU on Frozen Funds, PM Magyar Says  Bloomberg.com

Hungary receives two new Gripen fighters - SaabHungary receives two new Gripen fighters  Saab

GAME DAY | U.S. Faces Hungary in Men’s Worlds at 10:20 a.m. ET Today - Team USA HockeyGAME DAY | U.S. Faces Hungary in Men’s Worlds at 10:20 a.m. ET Today  Team USA Hockey

Magyar’s mandate: Six insights from a post-election Hungary - European Council on Foreign RelationsMagyar’s mandate: Six insights from a post-election Hungary  European Council on Foreign Relations

Hungary keeps base rate at 6.25% as inflation outlook improves - marketscreener.comHungary keeps base rate at 6.25% as inflation outlook improves  marketscreener.com

Hungary's ruling Tisza party moves to limit prime ministerial terms - ReutersHungary's ruling Tisza party moves to limit prime ministerial terms  Reuters

USA Beats Hungary, Updated Hockey World Championship 2026 Results Ahead of KO Bracket - Bleacher ReportUSA Beats Hungary, Updated Hockey World Championship 2026 Results Ahead of KO Bracket  Bleacher Report

Orban's media empire crumbles after Hungary election defeat - ReutersOrban's media empire crumbles after Hungary election defeat  Reuters

Hungarian Parliament to Reverse ICC Exit as Early as Wednesday - Hungarian ConservativeHungarian Parliament to Reverse ICC Exit as Early as Wednesday  Hungarian Conservative

Sándor Palace: The Former Palace of the ‘Devil’s Horseman’ - Hungarian ConservativeSándor Palace: The Former Palace of the ‘Devil’s Horseman’  Hungarian Conservative

Hungary changed course. What next for Europe? - European Policy Centre (EPC)Hungary changed course. What next for Europe?  European Policy Centre (EPC)

Latvia routs Hungary 8-1 to reach quarterfinals at ice hockey worlds - Ottumwa CourierLatvia routs Hungary 8-1 to reach quarterfinals at ice hockey worlds  Ottumwa Courier

Latvia routs Hungary 8-1 to reach quarterfinals at ice hockey worlds - wdtimes.comLatvia routs Hungary 8-1 to reach quarterfinals at ice hockey worlds  wdtimes.com

Latvia routs Hungary 8-1 to reach quarterfinals at ice hockey worlds - Bozeman Daily ChronicleLatvia routs Hungary 8-1 to reach quarterfinals at ice hockey worlds  Bozeman Daily Chronicle

Notre Dame democracy conference discusses 3 big 2026 global elections - South Bend TribuneNotre Dame democracy conference discusses 3 big 2026 global elections  South Bend Tribune

Hungary's new government pushes for euro by 2030 - DW.comHungary's new government pushes for euro by 2030  DW.com

Why are buyers from these countries suddenly eyeing Hungarian property after the election? - Daily News HungaryWhy are buyers from these countries suddenly eyeing Hungarian property after the election?  Daily News Hungary

Vietnam Joins Czech Republic, Germany, Hungary, Poland, Slovakia, Switzerland, Austria and Liechtenstein in Boosting Tourism in 2026 as Vietjet’s New Hanoi–Prague Route via Almaty Opens a Fresh Gateway Between Asia and Europe - Travel And Tour WorldVietnam Joins Czech Republic, Germany, Hungary, Poland, Slovakia, Switzerland, Austria and Liechtenstein in Boosting Tourism in 2026 as Vietjet’s New Hanoi–Prague Route via Almaty Opens a Fresh Gateway Between Asia and Europe  Travel And Tour World

Hungary's Magyar vows to probe alleged misconduct by Orbán's government - Oskaloosa HeraldHungary's Magyar vows to probe alleged misconduct by Orbán's government  Oskaloosa Herald

Canada beats Czechia, to face U.S. in quarterfinal at world hockey championship - SportsnetCanada beats Czechia, to face U.S. in quarterfinal at world hockey championship  Sportsnet

Hungary: New govt intent on initiating swift systemic change - DW.comHungary: New govt intent on initiating swift systemic change  DW.com

The Defector’s Gambit – OpEd - Eurasia ReviewThe Defector’s Gambit – OpEd  Eurasia Review

Latvia routs Hungary 8-1 to reach quarterfinals at ice hockey worlds - The Star DemocratLatvia routs Hungary 8-1 to reach quarterfinals at ice hockey worlds  The Star Democrat

Peter Magyar Takes Over as Hungary’s Leader From Viktor Orban - The New York TimesPeter Magyar Takes Over as Hungary’s Leader From Viktor Orban  The New York Times

Hungarian Swimmers Shine at Prestigious Competition Mare Nostrum - Hungary TodayHungarian Swimmers Shine at Prestigious Competition Mare Nostrum  Hungary Today

Why Orban and Hungary are not one and the same - European Council on Foreign RelationsWhy Orban and Hungary are not one and the same  European Council on Foreign Relations

Hungary’s Magyar vows to probe alleged misconduct by Orbán’s government - AP NewsHungary’s Magyar vows to probe alleged misconduct by Orbán’s government  AP News

Producer Of Doc Championing Rise Of Hungarian Leader Péter Magyar Named His Chief Of Staff - DeadlineProducer Of Doc Championing Rise Of Hungarian Leader Péter Magyar Named His Chief Of Staff  Deadline

Four principles for an EU-Hungary reset - European Council on Foreign RelationsFour principles for an EU-Hungary reset  European Council on Foreign Relations

Hungary’s election: significance and implications - The International Institute for Strategic StudiesHungary’s election: significance and implications  The International Institute for Strategic Studies

IAEA Mission Reviews Hungary’s Nuclear and Radiation Safety Framework - International Atomic Energy AgencyIAEA Mission Reviews Hungary’s Nuclear and Radiation Safety Framework  International Atomic Energy Agency

Hungary’s Magyar vows to probe alleged misconduct by Orbán’s government - Toronto StarHungary’s Magyar vows to probe alleged misconduct by Orbán’s government  Toronto Star

Hungary: Post-Orbán era suggests political reset, market optimism and EU re-engagement - CredendoHungary: Post-Orbán era suggests political reset, market optimism and EU re-engagement  Credendo

Make or Break: What do the Hungarian elections mean for EU-Hungary relations? - ClingendaelMake or Break: What do the Hungarian elections mean for EU-Hungary relations?  Clingendael

Romania, Bulgaria, and Hungary: the new map of European disagreement - Agenda PúblicaRomania, Bulgaria, and Hungary: the new map of European disagreement  Agenda Pública

USA defeats Hungary 7-3 in Zurich at the Ice Hockey World - Karlobag.euUSA defeats Hungary 7-3 in Zurich at the Ice Hockey World  Karlobag.eu

ICC welcomes Hungary reversal on exit, preserving Netanyahu arrest risk - HaaretzICC welcomes Hungary reversal on exit, preserving Netanyahu arrest risk  Haaretz

Win or Lose, Orbán Has Broken Hungary’s Democracy - Carnegie Endowment for International PeaceWin or Lose, Orbán Has Broken Hungary’s Democracy  Carnegie Endowment for International Peace

Peter Magyar sworn in as Hungary’s PM, ending Orban’s 16 years in power - Al JazeeraPeter Magyar sworn in as Hungary’s PM, ending Orban’s 16 years in power  Al Jazeera

ICC Welcomes Government’s Reversal of Hungary’s Withdrawal From Court - BBJ - Budapest Business JournalICC Welcomes Government’s Reversal of Hungary’s Withdrawal From Court  BBJ - Budapest Business Journal

New Hungarian PM’s voters want action on climate and LGBTQ+ rights, poll finds - The GuardianNew Hungarian PM’s voters want action on climate and LGBTQ+ rights, poll finds  The Guardian

Hungary shows illiberal regimes can be beaten – the harder question is whether they can be dismantled - Lowy InstituteHungary shows illiberal regimes can be beaten – the harder question is whether they can be dismantled  Lowy Institute

As Hungary rejoices, Moscow keeps counting down its comrades and clients - Peace Research Institute Oslo (PRIO)As Hungary rejoices, Moscow keeps counting down its comrades and clients  Peace Research Institute Oslo (PRIO)

United States beats Hungary to stay alive for ice hockey world quarterfinals - The Boston GlobeUnited States beats Hungary to stay alive for ice hockey world quarterfinals  The Boston Globe

Hungary turns the page into uncertainty after Péter Magyar ends Viktor Orbán’s enduring rule - The ConversationHungary turns the page into uncertainty after Péter Magyar ends Viktor Orbán’s enduring rule  The Conversation

‘Factory of lies’: what will Péter Magyar do about Hungary’s state media? - The Guardian‘Factory of lies’: what will Péter Magyar do about Hungary’s state media?  The Guardian

Outgoing envoy reaffirms Hungary’s close partnership with Cambodia - Khmer TimesOutgoing envoy reaffirms Hungary’s close partnership with Cambodia  Khmer Times

Hungarian Prime Minister Viktor Orbán Meets with Wang Yi_Ministry of Foreign Affairs of the People's Republic of China - fmprc.gov.cnHungarian Prime Minister Viktor Orbán Meets with Wang Yi_Ministry of Foreign Affairs of the People's Republic of China  fmprc.gov.cn

Dramatic scenes in Hungarian Parliament: PM Magyar attacks Fidesz in speech, walks over to faction leader during tense moment – video - Daily News HungaryDramatic scenes in Hungarian Parliament: PM Magyar attacks Fidesz in speech, walks over to faction leader during tense moment – video  Daily News Hungary

Tisza’s foreign policy offer: Plans for a post-Orban Hungary - European Council on Foreign RelationsTisza’s foreign policy offer: Plans for a post-Orban Hungary  European Council on Foreign Relations

Katya Adler: Jubilation in Budapest will be felt in Europe but leaves Moscow cold - BBCKatya Adler: Jubilation in Budapest will be felt in Europe but leaves Moscow cold  BBC

Hungary, EU split over how much of its €10B funding it should get - politico.euHungary, EU split over how much of its €10B funding it should get  politico.eu

Latvia routs Hungary 8-1 to reach quarterfinals at ice hockey worlds - The Daily GazetteLatvia routs Hungary 8-1 to reach quarterfinals at ice hockey worlds  The Daily Gazette

Hungary After Orbán: The Hard Road Back to Democracy - CSIS | Center for Strategic and International StudiesHungary After Orbán: The Hard Road Back to Democracy  CSIS | Center for Strategic and International Studies

Hungary's next PM says frozen EU funds will be paid out soon - BBCHungary's next PM says frozen EU funds will be paid out soon  BBC

Hungary returns a seized cash and gold shipment worth $82 million to Ukraine - AP NewsHungary returns a seized cash and gold shipment worth $82 million to Ukraine  AP News

What Orban's ouster in Hungary means for Europe - Peterson Institute for International EconomicsWhat Orban's ouster in Hungary means for Europe  Peterson Institute for International Economics