Hungary-Russia deal sparks row with Ukraine

Hungary has signed a 15-year gas purchase agreement with Gazprom which will ensure the country’s long-term energy security, the minister of foreign affairs and trade announced. Under the agreement, Hungary has pledged to buy 4.5 billion cubic meters of natural gas each year from the Russian energy giant over a period of at least ten years, Peter Szijjarto said at the signing ceremony on Monday. … Continue reading Hungary-Russia deal sparks row with Ukraine

Jobbik protests move to Budapest by Russian bank

Citing a threat to national security, the opposition Jobbik party is protesting against plans to move the Russia-based International Investment Bank’s (IIB) headquarters to Budapest, saying that Russia would be setting up a “nest of spies” in the country with support of Hungary’s prime minister and government. Continue reading “Jobbik protests move to Budapest by Russian bank”