Hungary
The US is disappointed Hungary’s ratification of Sweden joining Nato is taking so long, Washington’s ambassador has said, saying that Budapest is “really alone” and that the Hungarian government is pursuing a “foreign fantasy” instead of foreign policy. After months of delays, Turkey’s parliament approved Sweden’s Nato membership this week. The Turkish president, Recep Tayyip […]
Ukraine has begun its long-awaited counteroffensive against Russia’s invasion forces. Kyiv is conducting attacks in Ukraine’s south and east to reclaim occupied territory. Meanwhile, conditions on the ground have only worsened with the destruction of the Nova Kakhovka dam in a Russian-occupied area of Ukraine, which has led to the evacuation of thousands of people. […]
TAMPERE – The United States had to come from a goal down to outclass newcomer Hungary 7-1 for its second win at the ice hockey world championship on Sunday. Canada had to do the same on the way to a 5-2 victory over Slovenia, the other newly promoted team in the top division. Nick Bonino […]
Celebrating Sunday Mass in Budapest’s historic Kossuth Lajos Square, Pope Francis reflects on the image of the Good Shepherd, who knows His sheep and calls them by name, and then sends us forth to be witnesses of the Gospel. By Christopher Wells Pope Francis began his third and final day in Budapest with the celebration […]
According to an analysis by the Vienna Institute for International Economic Research (WIIW), in the Central and Eastern European region, only the Hungarian economy is expected to shrink in 2023. According to the institute, the fiscal situation could serve as a significant issue. Besides that, the fate of EU funds is uncertain, which could further […]
WSJ News Exclusive Europe Intelligence update sees ‘an escalation of the level of anti-American rhetoric’ Source link
BUDAPEST — David Pressman, a gay human rights lawyer, knew he was in for a rough time even before he arrived in Hungary with his husband and two children to take up a new job in September as the United States’ ambassador to Europe’s self-declared citadel of traditional Christian values and friend of the Kremlin. […]
The U.S. ambassador to Hungary is the latest American official to earn the Kremlin’s ire over remarks he made last week publicly deriding Russian President Vladimir Putin as a “small man” and “a holdover from a time that most of the world has tried to move beyond . . .
Comment on this story Comment The Biden administration on Friday said it will terminate its four-decade-old tax treaty with Hungary over that country’s resistance to implementing a global minimum tax, as the United States seeks to create a global tax floor for large multinational corporations. In a statement on Friday, the Treasury . . .
WASHINGTON, July 8 (Reuters) – The U.S. Treasury on Friday said it was moving to terminate a 1979 tax treaty with Hungary in the wake of Budapest’s decision to block the European Union’s implementation of a new, 15% global minimum tax. A Treasury spokesperson said that since Hungary lowered its corporate tax rate to 9% […]