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The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles. “Today, the European Commission’s proposal to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China has obtained the necessary support from E.U. Member States for the adoption of tariffs,” the E.U. first announced that it would slap higher tariffs on Chinese electric vehicle imports in June, on the grounds that they benefit “heavily from unfair subsidies” and pose a “threat of economic injury” to electric vehicle producers in Europe. to start investigations of potential tariffs, Germany has advocated against them, raising concerns about consequences for its own struggling carmakers.

Persons: Peter Szijjarto Organizations: Union, E.U, European, China’s Ministry of Commerce, Reuters, European Commission Locations: China, “, States, Europe, Beijing, E.U, France, Germany, Hungarian

☆ Hungary told it can't host EU gathering after the latest clash with Putin ally over Ukraine
▼ + stars: | 2024-07-23 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Hungary has been stripped of the right to host a forthcoming gathering of European Union ministers due to its stance on the war in Ukraine. "We have to send a signal, even if it is a symbolic signal, that being against the foreign policy of the European Union ... has to have some consequences," Borrell told reporters in Brussels on Monday. Borrell said he had made the decision to hold the next gathering in Brussels after almost every EU foreign minister meeting on Monday was critical of Hungary's stated position on Kyiv, Russia and the war in Ukraine. Orban, who's seen as an ally of Russian President Vladimir Putin, has since provoked fury in Brussels by describing EU policy on Ukraine as "pro-war." He nevertheless told reporters that the move was not a "boycotting" of Hungary and that the country would be present at the next gathering.

Persons: Josep Borrell, Borrell, Hungary's, Viktor Orban, Orban, who's, Vladimir Putin, Péter Szijjártó, it's Organizations: European Union, EU, Hungary's, Reuters Locations: Hungary, Ukraine, Brussels, Budapest, Kyiv, Russia, China

☆ Hungary’s Prime Minister Orban — a key Putin ally — makes first wartime visit to Ukraine
▼ + stars: | 2024-07-02 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

Hungarian Prime Minister Viktor Orban (L) talks with Ukrainian President Volodymyr Zelenskyy (R) in the Europa building prior the start of the meeting on June 27, 2024, in Brussels, Belgium. Hungarian Prime Minister Viktor Orban arrived in Ukraine on Tuesday for his first wartime visit to the battle-torn country. Orban, meanwhile, communicated Hungary's intentions to improve ties with Ukraine and sign a broad bilateral cooperation agreement, while urging Zelenskyy to consider a quick cease-fire to accelerate peace talks, Reuters reported. Orban absented from last month's Ukraine Peace Summit in Switzerland, where Hungary was instead represented by Foreign Minister Peter Szijjarto. The Hungarian prime minister has also been one of the few Western leaders to meet the increasingly isolated Kremlin leader Putin since Russia's full-scale invasion of Ukraine.

Persons: Viktor Orban, Volodymyr Zelenskyy, Orban, Zelenskyy, Vladimir Putin, Orban's, " Orban, Orban absented, Peter Szijjarto, Putin, Donald Trump, Jens Stoltenberg Organizations: European Union, Kyiv, Ukrainian, Reuters, nonmember Kyiv, Ukraine Peace Summit, Foreign, Associated Press, NATO Locations: Europa, Brussels, Belgium, Hungarian, Ukraine, Hungary, Moldova, Switzerland

☆ War, what war? Putin looks to woo new business partners willing to overlook its invasion of Ukraine
▼ + stars: | 2024-06-07 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Russian President Vladimir Putin is seen while visiting the Lakhta Center on June 5, 2024, in Saint Petersburg, Russia. Vladimir Putin visited a newly built Lakhta Center, a skyscraper of Gazprom, prior to his meetings at the Saint Petersburg International Economic Forum SPIEF 2024. Contributor | Getty Images News | Getty ImagesRussia's annual economic forum in St. Petersburg used to be known as the country's "Davos" in a nod to the World Economic Forum that's held in Switzerland every year. A view of the stand of the Russian private bank Alfa-Bank during the 27th St. Petersburg International Economic Forum in St. Petersburg, Russia on June 05, 2024. Guests from foreign countries seen during the first day of the St. Petersburg International Economic Forum 2024.

Persons: Vladimir Putin, SPIEF, Max Hess, Peter Szijjarto, There's, Vladimir Putin's, Yuri Ushakov, Putin, anders Pettersson Organizations: Lakhta Center, Saint Petersburg, Economic, Getty, St ., Economic Forum, Foreign Policy Research Institute, CNBC, Hungarian Foreign, Alfa, Bank, Anadolu, West, International Monetary Fund, U.S, Brics Locations: Saint Petersburg, Russia, Gazprom, St . Petersburg, Davos, Switzerland, Ukraine, Asia, Latin America, Africa, Eastern Europe, Slovakia, Hungary, Hungarian, St, Moscow, Russian, Germany, France, India, China, Johannesburg, South Africa

☆ Prague, Budapest Hold up EU Move to Sanction Violent Israeli Settlers
▼ + stars: | 2024-02-09 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +3 min

EU foreign policy chief Josep Borrell said in December he would propose similar measures. The EU has not spelled out what the sanctions would entail but officials have said they would include bans on travel to the EU. The EU has already imposed sanctions on Hamas following the Oct. 7 attacks and diplomats say more are in the pipeline. Hungarian Foreign Minister Peter Szijjarto said on Wednesday now was "definitely not the time" to sanction Israeli settlers, state news agency MTI reported. (Additonal reporting by Jan Lopatka in Prague and Boldizsar Gyori in Budapest; Editing by Nick Macfie)

Persons: Andrew Gray, John Irish, Josep Borrell, Israel, Peter Szijjarto, MTI, Jan Lipavsky, Jan Lopatka, Boldizsar, Nick Macfie Organizations: West Bank, West Bank ., EU Locations: John Irish BRUSSELS, PARIS, EU, Hungary, Czech Republic, Israel, Palestinian, Gaza, United States, Britain, Budapest, Czech, France, Prague

☆ Hungary Far-Right Would Lay Claim to Neighbouring Region, if Ukraine Loses War
▼ + stars: | 2024-01-28 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

BUDAPEST (Reuters) - Hungary's far-right Our Homeland party would lay claim to a western region of Ukraine that is home to about 150,000 ethnic Hungarians if Ukraine loses its statehood due to Russia's invasion, the party's leader said late on Saturday. "Regarding the war in Ukraine, our message is very simple: immediate ceasefire, peace and a resolution through talks," Toroczkai said in a video posted on his party's website, calling for autonomy for ethnic Hungarians in western Ukraine. "If this war ends up with Ukraine losing its statehood, because this is also on the cards, then as the only Hungarian party taking this position, let me signal that we lay claim to Transcarpathia," he said, drawing applause from the crowd. Budapest has clashed with Kyiv over what it says are curbs on the rights of roughly 150,000 ethnic Hungarians to use their native tongue. Last month all European Union states except Hungary, which is also a member of NATO, agreed to start EU accession talks with Ukraine.

Persons: Laszlo Toroczkai, Toroczkai, Viktor Orban, Zoltan Kovacs, Peter Szijjarto, Dmytro Kuleba, Denys Shmyhal, Boldizsar Gyori, William Maclean Organizations: Homeland, Dutch Forum for Democracy, Ukraine, Hungarian Foreign Ministry, Hungarian, Union, NATO Locations: BUDAPEST, Ukraine, Ukrainian, Budapest, Hungarian, Hungary

☆ Hungary will never send weapons to Ukraine, foreign minister says
▼ + stars: | 2023-11-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHungary will never send weapons to Ukraine, foreign minister saysHungary's Foreign Minister Péter Szijjártó says the country will never deliver weapons to Ukraine, saying the "more weapons delivered, the longer the war will take." He adds that Hungary's Prime Minister Victor Orban met with President Vladimir Putin in October to see if there was scope for peace in the ongoing conflict.

Persons: Péter Szijjártó, Victor Orban, Vladimir Putin Locations: Ukraine

☆ China brings benefits, not risks to Hungary, says foreign minister
▼ + stars: | 2023-09-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina brings benefits, not risks to Hungary, says foreign ministerHungary's foreign minister Péter Szijjártó says large European countries can afford to be "hypocritical" when it comes to courting Chinese investment, but Hungary sees Chinese investment as "high added value" rather than a strategic risk.

Persons: Péter Szijjártó Organizations: China Locations: Hungary

European Commission President Ursula von der Leyen reacts on the day of the annual State of the European Union address to the European Parliament, in Strasbourg, France, September 13, 2023. European Commission President von der Leyen told the European Parliament that Ukraine had already made "great strides" since being designated a membership candidate last year, even as it fights to repel Russia's invasion. But candidate countries have to meet a string of political and economic criteria to begin membership talks - and must fulfil more stringent conditions on democracy, the rule of law and economic standards - before they can actually join the EU. "For Ukraine, the biggest obstacle is Hungary and the discussion around national minorities," a senior EU diplomat said on condition of anonymity. On Wednesday, von der Leyen outlined a vision of a European Union that would include not only Ukraine, but also Moldova and countries of the Western Balkans.

Persons: Ursula von der Leyen, Yves Herman Acquire, von der Leyen, Viktor Orban, Peter Szijjarto, Volodymyr Zelenskiy, Gabriela Baczynska, Andrew Gray, Andreas Rinke, Nick Macfie Organizations: European Union, REUTERS, Rights, ., EU, European Commission, Kyiv, OTP Bank, West, European, Thomson Locations: State, Strasbourg, France, Rights BRUSSELS, EU, European Union, Ukraine, Hungary, Germany, Kyiv, Hungarian, Moscow, Budapest, Moldova, Western Balkans

☆ The EU should have ‘isolated’ the Ukraine war, Hungarian foreign minister says
▼ + stars: | 2023-09-13 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +2 min

Hungary's Foreign Minister Peter Szijjarto. Thierry Monasse | Getty Images News | Getty ImagesThe European Union should have "isolated" the Ukraine war, Hungary's foreign minister told CNBC in an interview broadcast Wednesday. The "European Union should have isolated this war in Ukraine, but instead of that [the] European Union has globalized the war," Péter Szijjártó said from the Belt and Road Summit in Hong Kong. The European Union did not immediately respond to CNBC's request for comment. This is not the first time Hungary's foreign minister has condemned the EU's handling of Russia's full-scale invasion of Ukraine.

Persons: Peter Szijjarto, Thierry Monasse, Péter Szijjártó, Szijjártó, they're Organizations: Hungary's, Getty, CNBC, European, East, European Union, Russia, Economic, Initiative Locations: Ukraine, European Union, Hong Kong, Brussels, Russia, Russian, Davos, Europe, China

☆ The EU should have 'isolated' the Ukraine war, says Hungarian foreign minister
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe EU should have 'isolated' the Ukraine war, says Hungarian foreign ministerHungarian Foreign Minister Péter Szijjártó says the European Union has instead "globalized" the war.

Persons: Péter Szijjártó Organizations: Hungarian, European Union Locations: Ukraine

VILNIUS, July 11 (Reuters) - Washington will move ahead with the transfer of F-16 fighter jets to Turkey in consultation with Congress, U.S. National Security Adviser Jake Sullivan said on Tuesday, a day after Ankara gave the green light for Sweden to join NATO. He intends to move forward with that transfer," Sullivan told reporters, without giving any details on the timing. Both Turkish officials and the Biden administration have rejected any suggestion that Ankara's approval of Sweden's NATO accession was being linked to the F-16 sale in the months of talks to address Turkish opposition. Russian officials said Sweden's expected accession to NATO would have "negative implications" for Russia's security and that Moscow would have to respond. TIMING UNCERTAINThe timing of both the F-16 transfer and Sweden's NATO entry remains unclear.

Persons: Jake Sullivan, Sullivan, Joe Biden, Bob Menendez, Biden, Tayyip Erdogan, Camille Grand, Erdogan, Gerard Araud, Sweden's, Peter Szijjarto, Jens Stoltenberg, Steve Holland, Justyna, John Irish, Nick Macfie, Heather Timmons, Devika Organizations: U.S . National, NATO, Lockheed Martin Corp, Senate Foreign Relations, Democrat, Turkish, European Council, Foreign Relations, Twitter, Kurdistan Workers Party, EU, Monday, Finland's, Nordic, Thomson Locations: VILNIUS, Washington, Turkey, U.S, Ankara, Sweden, Lithuanian, Vilnius, NATO, French, Swedish, United States, Turkey's, Moscow, Hungary, Finland, Ukraine

☆ China decoupling would kill Europe's economy, Hungary's foreign minister says
▼ + stars: | 2023-06-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina decoupling would kill Europe's economy, Hungary's foreign minister saysHungary's foreign minister Péter Szijjártó says that efforts by Europe to decouple or derisk from China would be an act of economic suicide. He adds that a cooperative Europe can benefit from ties with Beijing.

Persons: Péter Szijjártó Locations: Europe, China, Beijing

☆ China decoupling would be an act of 'suicide' for Europe, Hungary's foreign minister says
▼ + stars: | 2023-06-27 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Thomas Trutschel | Photothek | Getty ImagesHungary's foreign minister said Tuesday that any move to decouple, or even de-risk, from China would be an act of "suicide" for Europe. "Both decoupling and de-risking would be a suicide committed by the European economy," Szijjártó told CNBC's Sam Vadas at the World Economic Forum's annual conference in Tianjin, China. "How could you decouple without killing the European economy?" Péter Szijjártó Foreign Minister of HungaryThe issue is a particularly sensitive balancing act for Europe, which remains deeply reliant on U.S. support in Ukraine but also has critical economic ties with Beijing. China was the largest source of EU imports and the third-largest buyer of EU goods in 2022, according to Eurostat.

Persons: Thomas Trutschel, Péter Szijjártó, Szijjártó, CNBC's Sam Vadas, Péter, Mercedez Organizations: Photothek, Getty, Beijing, Péter Szijjártó, Eurostat, European Union, Amperex Technology, Mercedez Benz, BMW, VW Locations: China, Europe, Tianjin, Beijing, Hungary, Ukraine

☆ Bosnian, Hungarian leaders rally in support of Vucic
▼ + stars: | 2023-05-27 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsBosnian, Hungarian leaders rally in support of VucicPostedHungarian Foreign Minister Peter Szijjarto and secessionist Bosnian Serb leader Milorad Dodik were among the speakers at the "Serbia of Hope" rally on Friday (May 26) which drew busloads of people from around Serbia and neighbouring Bosnia and North Macedonia.

☆ Hungary to block EU military aid fund for Ukraine unless Kyiv takes OTP bank off blacklist
▼ + stars: | 2023-05-17 | by ( Boldizsar Gyori | ) www.reuters.com time to read: +2 min

BUDAPEST, May 17 (Reuters) - Hungary will block the next tranche of European Union military support for Ukraine and any new sanctions package against Russia unless Kyiv removes Hungarian bank OTP (OTPB.BU) from its list of war sponsors, its foreign minister said on Wednesday. "We can't give it a green light as long as OTP remains blacklisted," said Hungarian Foreign Minister Peter Szijjarto. Hungary this week held up a proposal to allocate a further 500 million euros ($550.40 million) from an EU-run fund, the European Peace Facility, to military aid for Ukraine. "We'll talk to the Ukrainians and we'll talk to the (EU) member states, including Hungary," a senior EU official said on condition of anonymity. The EU has provided a total of about 3.6 billion euros ($4 billion) for military support for Ukraine so far under the European Peace Facility.

☆ Hungary's foreign minister holds energy talks with Russia's premier
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +1 min

BUDAPEST, March 29 (Reuters) - Hungary's foreign minister held telephone talks with Russian Deputy Prime Minister Alexander Novak about gas and oil shipments as well as nuclear co-operation, the Hungarian minister said late on Tuesday. In a statement, Peter Szijjarto said Novak had reassured him that despite international sanctions, the Russian party would be able to do maintenance work on the Turkstream pipeline. "Thus Hungary's gas supply will continue without any disruptions," the statement added. The Turkstream gas pipeline will be stopped for maintenance from June 5 to 12, according to data on the website of Bulgarian gas transmission operator Bulgartransgaz. Szijjarto reiterated in his statement that Hungary would block any European Union sanctions that would affect nuclear energy.

☆ Hungary starts process to ratify Finland, Sweden NATO bid
▼ + stars: | 2023-03-01 | by ( Gergely Szakacs | ) www.reuters.com time to read: +3 min

[1/4] A general view as the Hungarian parliament starts debating the ratification of Finland and Sweden's NATO membership in Budapest, Hungary, March 1, 2023. Sweden and Finland applied last year to join the transatlantic defence pact after Russia's invasion of Ukraine. With Hungary's ratification process stranded in parliament since July, nationalist Prime Minister Viktor Orban aired concerns about Sweden and Finland's NATO membership for the first time last Friday. "Finland and Sweden's NATO membership serves our foreign policy, security and economic interests and it also strengthens NATO." Finnish Foreign Minister Pekka Haavisto said on Tuesday Hungary intended to send a parliamentary delegation to Finland on or around March 9 to discuss the Nordic nation's bid for accession to NATO.

Biden said the West was never plotting to attack Russia and the invasion was Putin's choice. "It is a big mistake," Biden said of Putin's decision before his session with eastern European allies known as the Bucharest Nine. We will defend literally every inch of NATO, every inch of NATO," he said. The Kremlin says it regards NATO, which could soon expand to include Sweden and Finland, as an existential threat to Russia. It said the leaders looked forward to further strengthening unity and collective defense at a NATO summit in Vilnius in July.

☆ China's top diplomat urges end to hostilities ahead of Moscow visit
▼ + stars: | 2023-02-20 | by ( ) www.reuters.com time to read: +2 min

In a Facebook video during a meeting with Hungarian Foreign Minister Peter Szijjarto, Wang said the world was afflicted by disorder and wars. Despite being a member of both NATO and the European Union, Hungary has maintained closer ties to Moscow than other members of those groups. Orban, who has worked to build closer business ties with China, hosted Wang at a private dinner on Sunday, news agency MTI reported. Wang reaffirmed Beijing's commitment to closer economic ties, including via China's vast Belt and Road Initiative. ($1 = 0.9368 euro)Reporting by Gergely Szakacs and Alan Charlish; Editing by Andrew Cawthorne and Frank Jack DanielOur Standards: The Thomson Reuters Trust Principles.

☆ Brussels failed on Russia sanctions, Hungary's foreign minister says
▼ + stars: | 2023-01-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBrussels failed on Russia sanctions, Hungary's foreign minister saysSanctions against Russia have not brought the country's economy to its knees or ended the war so should stop, Péter Szijjártó, Hungary's minister for foreign affairs, told CNBC.

☆ Hungary's foreign minister says Brussels has failed on Russia sanctions
▼ + stars: | 2023-01-17 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Hungary's foreign minister strongly criticized the European Union's sanctions against Russia, arguing they have damaged its members' economies more than their target's as well as failing to stop the war in Ukraine. "Because what was the expectation at the beginning of March, end of February, when we discussed the first package of sanctions? That they will put Russia's economy on its knees, therefore the war will be stopped soon," he said. Szijjártó continued: "Russia's economy is not on its knees, definitely. And Europe's economy is suffering more from sanctions than the Russian economy."

☆ Hungary complains to EU about Ukrainian law's impact on some firms
▼ + stars: | 2022-11-25 | by ( ) www.reuters.com time to read: +1 min

Peter Szijjarto told a news briefing that Hungary would ask Brussels to take steps to ensure that Ukrainian authorities "should not make the operations of EU companies impossible". "These companies have not violated any rules, their only "sin" is that they also have a presence in Russia," he added. Szijjarto said Hungary would not be against a potential extension of the full customs free status for Ukrainian products that is in place in the EU until July 2023. Hungarian drugmaker Richter said earlier this month that due to a change in Ukrainian legislation meant that marketing authorization for some products may be revoked if a manufacturer operates and pays taxes in Russia. Richter said in its third-quarter earnings report that it planned to appeal a decision to suspend 35 of its products.

☆ Hungary to provide $195 mln in financial aid to Ukraine - govt decree
▼ + stars: | 2022-11-24 | by ( ) www.reuters.com time to read: +1 min

BUDAPEST, Nov 24 (Reuters) - Hungary will provide 187 million euros ($195 million) in financial aid to Ukraine as its contribution to a planned EU support package worth up to 18 billion euros in 2023, according to a government decree published late on Wednesday. Prime Minister Viktor Orban's government has said that it was willing to pay its share of support for Ukraine but would rather pay it bilaterally than through the EU's joint borrowing. "The government continues to be committed to take part in financial support to war-gripped Ukraine," the government said in the decree. "So it calls on the finance minister to make sure to provide the 187 million euros that would be Hungary's share in the 18 billion euros EU loan to be granted to Ukraine." The decree, signed by Orban, also says that Hungarian Foreign Minister Peter Szijjarto should start talks with Ukraine to work out an agreement needed for the financial assistance.

☆ Oil company MOL curbs fuel supplies as Russian imports fall 'substantially'
▼ + stars: | 2022-11-18 | by ( ) www.reuters.com time to read: +1 min

Companies MOL Magyar Olajes Gazipari Nyrt FollowBUDAPEST, Nov 18 (Reuters) - Hungarian oil and gas group MOL (MOLB.BU) said it was temporarily curbing fuel deliveries to some retailers as oil supplies from Russia fell "substantially" below normal levels, the company told state news agency MTI on Friday. Hungarian Foreign Minister Peter Szijjarto said on Wednesday that oil shipments via the pipeline have restarted. But MOL told MTI on Friday that Hungary's oil imports have fallen as deliveries via the pipeline resumed only at a low pressure. MOL also said maintenance at its main Danube refinery in Hungary caused a drop in capacity, affecting all of its products. MOL spokespeople did not immediately respond to questions about when normal oil flows could resume.

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