Consumer
Luxury developers flocked to the 'Hamptons of Hungary' - but some projects are stalling
Lake Balaton in south-west Hungary has been a popular vacation destination for decades, but average transaction prices are falling.
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Latest on Hungary
Newest firstAutos
Hungary's Orbán-era foreign minister grilled over ties to Chinese automaker after joining company
Hungary's former foreign minister Péter Szijjártó is appearing before a parliamentary committee to address questions about his dealings with Chinese automaker…
This under-the-radar region is having a 'quiet wine' boom. Here's why
Hungary's Tokaj was designated a wine region nearly 300 years ago, with winemaking dating back nearly 1,000 years.
Castles, thermal baths and 'ruin bars': How I spent 48 hours in Hungary's historic capital, Budapest
I explored grand architecture, great food, indulgent spas - and so-called "ruin bars" - in Hungary's capital city, Budapest.
Hungary files a criminal complaint over $965M COVID-19 ventilator deal, citing possible fraud
Hungary's foreign ministry has filed a criminal complaint over possible fraud related to the previous government's purchase of ventilators during the COVID-19…
Melancholy made in Hungary is fuelling bestsellers across the globe - and widely misunderstood
A 'capacity for despair' forged by political oppression has long been consider a Magyar national trait. But after Orbán, writers in the country remind us that…
Bus carrying Polish pilgrims crashes in Hungary, leaving 12 dead
Another 10 people in serious condition after bus veers off motorway and overturns. Twelve people have died after a bus carrying a group of Polish tourists over…
Hungary's only nuclear plant on brink of shutdown as Danube River dries up
Hungary's only nuclear plant, which relies on water from the Danube River, could be forced to close amid a drought. CBS News' Ramy Inocencio reports.
Energy
Record-low Danube River levels threaten shutdown of Hungary's nuclear plant
Three of four units of Hungary's Paks nuclear power plant were not in operation and the fourth was operating at about 50%, as of Wednesday morning.
Hungary's president agrees to stand down after law change ends his term
Tamás Sulyok signed the constitutional amendment that cited 'serious loss of confidence' in him as leader Hungary's president, Tamás Sulyok, has agreed to step…
Crypto
Hungary to reverse crypto trading crackdown after EU scrutiny
Hungary's government said it will unwind crypto trading restrictions that required approved validation for conversions and exposed users and service providers…
Geopolitics
Orbán's oligarchs on edge as Hungary poised to launch wealth tax
New PM Péter Magyar calls policy a sign of 'social justice' after years of political loyalty being rewarded with economic opportunity. In a dimly lit televisio…
Seeking to unblock EU funds, Hungary's Magyar meets with EU leadership in Brussels
Hungarian Prime Minister Péter Magyar is meeting with European Commission President Ursula von der Leyen in Brussels
Geopolitics
Hungary's Power Shift Opens Door for EU Sanctions on Israel
Freed from Viktor Orban's veto, the bloc should expand its actions against Israeli encroachment in the West Bank.
Autos
BYD draws EU scrutiny over labor abuse allegations at Hungary factory
BYD has come under scrutiny from European lawmakers after a watchdog report alleged harsh working conditions at its Hungary plant.
Geopolitics
Hungary drops veto, clearing path for $106 billion EU loan to Ukraine
The move may signal a more constructive relationship between Ukraine and the European Union following the ouster of Hungarian Prime Minister Viktor Orbán earli…
Geopolitics
Hungary Drops Veto on Massive EU Loan to Ukraine
Reopening the Druzhba pipeline was the final hurdle stopping Budapest from ending its opposition.
Geopolitics
'A defeat for Putin': Ukrainians hope Magyar's victory will mark new era with Hungary
As Orbán is rejected, there is cautious optimism new leader can restore ties - but issues such as EU accession loom large. Like many Ukrainians, Oleh Kupchak w…
Geopolitics
Hungary's new leader once idolized Orbán - now he's the man who brought him down
Learn about Péter Magyar, the former Orbán insider who ended Hungary's 16-year ruling regime and is now set to lead the country into a new era.
Meet Péter Magyar, the man replacing Viktor Orbán as Hungary's prime minister
President Trump has lost his biggest cheerleader in Europe, but he may find common ground with his new counterpart, Péter Magyar.
Geopolitics
Populism lost in Hungary but still may win the war, one strategist argues
A strategist argues Viktor Orban's defeat was against the prevailing trend, but the Iran war will cement a new global regime of deglobalization, state expansio…
Geopolitics
'Hungary has chosen Europe': EU leaders jubilant after Péter Magyar's victory over Orbán
Congratulations pour in from across EU, with leaders from Spain, Poland, France, Britain, Denmark, Romania, Sweden and beyond hailing a new chapter. Full repor…
Geopolitics
Orban loses reelection in Hungary, Netanyahu facing tough campaign in Israel
Hungary's Viktor Orban has conceded defeat in what he called a painful election. Meanwhile, in Israel, Prime Minister Benjamin Netanyahu is facing strong oppos…
Trump Ally Viktor Orbán Concedes In Hungary, New Leader Promises Closer Ties To EU
Hungarian Prime Minister Viktor Orbán, a close ally of President Donald Trump, conceded defeat on Sunday to opposition leader and head of the center-right Tisz…
Geopolitics
Zebras, wealth and power: Hungary's election tests Orbán's grip on power
Corruption scandals and a surging opposition have turned the vote into the biggest test yet for the long-serving populist leader. The drone footage showed a sp…
Energy
GE Vernova's Hungary MoU Adds To Europe Growth And Valuation Debate
GE Vernova (NYSE:GEV) signed a memorandum of understanding with Hungary's state-owned electricity provider MVM to work together in the energy sector. The agree…
Markets
Trump praises Hungary PM Viktor Orbán after Vance calls him at Budapest rally
Vance said he was not there to tell Hungarians how to vote, but later told them to "go to the polls" and "stand with Viktor Orbán, because he stands for you."
Geopolitics
Vance stumps for Hungary's Orban as Trump-aligned movement faces critical test
The vice president traveled to Budapest as Trump's deadline for an Iran deal loomed Tuesday, backing the administration's closest ideological ally in Europe.
Geopolitics
Vance in Hungary expresses optimism Iran will respond before deadline
Vice President JD Vance traveled to Hungary to meet with Prime Minister Viktor Orbán Tuesday ahead of Orbán's reelection bid.
Geopolitics
JD Vance heads to Hungary to support Viktor Orbán ahead of high-stakes election
Viktor Orbán has said the EU is a greater threat to Hungary than Russia. As an election defeat looms, U.S. Vice President JD Vance is visiting to support him.
