Hungary and Poland are calling on the European Commission to make arrangements to ensure that the two countries could receive the allocations they are entitled to from the EU Reconstruction Fund, the new Hungarian president said in Warsaw on Tuesday. Katalin Novák held talks in the Polish capital with her Polish counterpart Andrzej Duda.
Yesterday, on 14th May, Russia cut off electricity supplies to Finland – in response to the Finns’ announcement of their intention to join NATO on Thursday.
A spokesman for the European Commission has confirmed for news channel M1 that the European Union’s executive body is standing by its plan to introduce an embargo on Russian oil.
The European Bank for Reconstruction and Development (EBRD) should focus more on central Europe, especially the countries neighbouring Ukraine, Finance Minister Mihály Varga told MTI on Wednesday, after attending a meeting of the EBRD’s Board of Governors in Marrakesh.
Hungary will share in some 2 billion euros of resources the European Bank for Reconstruction and Development (EBRD) is making available to ease the impact of the war in Ukraine on neighbouring countries, Finance Minister Mihály Varga said after a meeting with EBRD President Odile Renaud-Basso in Marrakesh on Tuesday.
The European Bank for Reconstruction and Development (EBRD) forecast Hungary’s economy will expand by 3.5% this year in a report published on Tuesday.
Consumer prices in Hungary grew by an annual 9.5% in April, up from 8.5% in the previous month, the Central Statistical Office (KSH) said on Tuesday. Food prices rose by 15.6% as the price of bread and poultry both jumped by 29.5% and dairy products prices climbed 22.5%.
20 percent of the 1.2 million bee colonies were destroyed and another 20 percent weakened this winter, Péter Bross, president of the National Hungarian Beekeeping Association, told Inforádio.
Hungarian oil and gas company MOL is supporting the Ukrainian energy network’s operations, and has so far offered material support worth 290,000 euros as part of the International Association of Oil and Gas Producers (IOGP) equipment support programme.
Hungary cannot responsibly support the European Commission’s latest package of sanctions against Russia in its current form, the foreign minister has said, arguing that the sanctions would destroy Hungary’s energy security.