Keyword: Hungary

Baltic Team

IEŚ Commentaries 1191
Michał Paszkowski - Baltic Team

Croatia’s Oil Infrastructure: A Key Element of Central European Energy Security

Due to its strategic geographical location and existing infrastructure, Croatia plays a critical role in the supply of crude oil to refineries in Bosnia and Herzegovina, Serbia, Hungary, and Slovakia. The Omišalj crude oil terminal and the Adria pipeline are particularly significant in this regard. The importance of this infrastructure has grown since the outbreak of the...

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Baltic Team, Visegrad Team

IEŚ Commentaries 1176
Aleksandra Poznar | Michał Paszkowski - Baltic Team, Visegrad Team

Ukraine has restricted crude oil transit via the southern branch of the Druzhba pipeline

In June 2024, the Ukrainian authorities expanded their list of sanctioned entities to include Lukoil, which supplies crude oil to MOL Group refineries. This led to the suspension of crude oil supplies in mid-July 2024 to the Bratislava (Slovakia) and Százhalombatta (Hungary) plants. Both plants, thanks to the derogations they received in 2022 for sanctions imposed by the European...

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Baltic Team

IEŚ Commentaries 1175
Marlena Gołębiowska - Baltic Team

Poland, Slovakia, Hungary, and Romania under the excessive deficit procedure

After the pandemic-related loosening of fiscal rules – in the new framework following the reform – the EU’s excessive deficit procedure is returning. On 26 July 2024, the Council of the European Union decided to initiate it against seven member states, including three from Central Europe: Poland, Slovakia, and Hungary. This is the result of failing to meet the deficit...

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Baltic Team

IEŚ Commentaries 1163
Michał Paszkowski - Baltic Team

Hungary: energy cooperation with Caspian Sea countries

Russia in Hungary’s energy policy. For many years, Hungary’s energy policy has been directed toward close cooperation with the Russian Federation. Importantly, the outbreak of the war in Ukraine and the subsequent EU sanctions did not fundamentally lead to a reorientation of mutual political and economic relations. Crude oil supplies via the Druzhba pipeline, as well as...

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Visegrad Team

IEŚ Commentaries 1159
Jakub Bornio | Aleksandra Poznar - Visegrad Team

Hungarian Prime Minister’s first visit to Kyiv since the outbreak of war

On 2 July 2024, Hungarian Prime Minister Viktor Orbán paid an official visit to Kyiv for the first time in 12 years. It was also the first time since the outbreak of the full-scale war with Russia, where high-level government talks were held. The visit also included a meeting between V. Orbán and Ukrainian President Volodymyr Zelensky. They primarily discussed the issues of...

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Baltic Team, Visegrad Team

IEŚ Commentaries 1075
Jakub Bornio | Damian Szacawa - Baltic Team, Visegrad Team

Sweden in NATO: Relevance for Central and Eastern Europe

On 7 March 7 2024, Swedish Prime Minister Ulf Kristersson and the state’s Foreign Minister Tobias Billström handed over the accession documents to US Secretary of State Antony Blinken, who, as representative of the Washington Treaty depositary state, officially announced that Sweden had become the 32nd member of the North Atlantic Treaty Organisation. Sweden’s presence in...

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Baltic Team

IEŚ Commentaries 939
Bartosz Jóźwik - Baltic Team

Public Finance Sector Stability in Central European Countries (Part 2)

In 2022, among eleven Central European countries, five of them had budget deficits that exceeded the agreed limit of 3% of GDP. According to the latest data from Eurostat, the highest budget deficits, and consequently, the greatest challenges for the stability of the public finance sector, were recorded in Hungary and Romania. Hungary, thanks to its expansive fiscal policy,...

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Balkan Team, Baltic Team, Visegrad Team

IEŚ Commentaries 807
Jan Muś | Michał Paszkowski | Dominik Héjj - Balkan Team, Baltic Team, Visegrad Team

Serbia-Hungary pipeline: a new chapter in energy cooperation

Serbia has been taking active steps for several months to diversify the sources and directions of crude oil supplies to the country’s only operating refinery in Panchevo. Due to sanctions imposed on Russia, the plant is currently unable to import crude oil from that country. However, the government in Belgrade is in favor of building a pipeline linking Serbia and...

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Visegrad Team

IEŚ Commentaries 482
Dominik Héjj - Visegrad Team

Hungary to hold referendum and elections on same day in 2022

On December 1, 2021, the Hungarian National Assembly adopted a resolution on the organization of a nationwide referendum. It is to be held on the same day as parliamentary elections. However, parliament is likely to extend the state of extreme danger soon. This means that at the moment, it is impossible to establish the date of these proposed events.

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Visegrad Team

IEŚ Commentaries 480
Dominik Héjj - Visegrad Team

Hungary’s Eastern Policy and the Migration Crisis on the Eastern Border of the European Union

The Hungarian authorities, while expressing their solidarity with the countries affected by the migration crisis on the border with Belarus (namely Latvia, Lithuania, and Poland), do not recognize Alexander Lukashenko’s responsibility for causing it. The events on the eastern borders of the European Union did not in any way affect the Hungarian involvement in relations with the...

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