Anita Komuves

Hungary is looking to expand its cooperation with Romania in the gas sector to diversify its energy sources and their relevant companies are already negotiating an agreement, Hungarian Foreign Minister Peter Szijjarto said on Monday.

Peter Magyar, the opposition challenger to Hungarian Prime Minister Viktor Orban, said on Saturday he would focus on tackling a cost-of-living crisis and reviving the country's flagging economy if he wins an election due in early 2026.

The United States imposed sanctions on a senior member of the Hungarian government for alleged corruption, the U.S. Treasury said on Tuesday, a move Budapest said it would challenge when President-elect Donald Trump takes power.

Hungarian pharmaceutical company Richter expects a slowdown in sales growth for its flagship product, Vraylar, next year while supply chain disruptions continue to pose challenges, CEO Gabor Orban told Reuters on Wednesday.

Foreign hackers broke into the IT systems of a Hungarian government agency responsible for defence procurement but no sensitive data about Hungary's military have been compromised, Prime Minister Viktor Orban's chief of staff said on Thursday.

The European Union needs to reconsider sanctions against Russia as they are keeping energy prices elevated, hindering the bloc's economic competitiveness, Hungarian Prime Minister Viktor Orban said on Friday.

The European Union's goal of boosting competitiveness to catch up with rivals the United States and China has gained fresh urgency after Donald Trump's election win, Mario Draghi said on Friday, as doubts increase that the bloc is up to the task.

Hungary's government is considering a plan to impose a moratorium on new Airbnb licences in Budapest and to raise taxes on short-term apartment rentals in the capital city, the economy minister said on Monday.

Hungary's economic growth will accelerate substantially in the first half of next year due to an expected housing boom backed by government measures, Prime Minister Viktor Orban told public radio on Friday.

Hungary's Foreign Minister Peter Szijjarto summoned the German ambassador on Thursday to complain about a speech in which she urged Hungarian public figures to speak out against actions she said were eroding the trust of Budapest's NATO and EU allies.