With prices up 50% since 2020, Hungarian consumer spending has ground to a halt. The government's gamble on an industrial revival led by Chinese battery manufacturers has yet to pay off. This situation is putting pressure on the nationalist prime minister,

Hungary has offered to host peace talks between Russia and Ukraine twice, and the offer still stands, Hungarian Foreign Minister Peter Szijjarto said in a podcast broadcast on Facebook on Thursday.

Once suppressed under communist rule, the feast of St. Stephen is now the country’s defining civic and religious holiday.

Hungary celebrated its national holiday on Wednesday with Europe's largest fireworks display over the River Danube's route through Budapest.

Hungary and Slovakia have issued a joint letter to the European Union sharply criticizing Ukrainian President Volodymyr Zelensky after Ukrainian drones struck the Druzhba oil pipeline — a key energy lifeline for Central Europe.

Hungary's central bank is expected to leave its base rate steady at 6.5% for the 11th consecutive month on Tuesday despite a sputtering recovery, as inflation exceeds the bank's 2% to 4% tolerance band even though price growth slowed last month.