Hungarian oil and gas company MOL is supporting the Ukrainian energy network’s operations, and has so far offered material support worth 290,000 euros as part of the International Association of Oil and Gas Producers (IOGP) equipment support programme.
On Thursday morning, the exchange rate of the forint against the major currencies strengthened on the international interbank foreign exchange market compared to Wednesday evening.
Hungary cannot responsibly support the European Commission’s latest package of sanctions against Russia in its current form, the foreign minister has said, arguing that the sanctions would destroy Hungary’s energy security.
Moneyval, the Council of Europe’s expert body against money laundering, called for stricter regulations for virtual currencies in a report published in Strasbourg on Wednesday, noting that Hungary had further improved its regulations but had still not fully implemented international rules on virtual currencies and service providers.
Hungary and Uzbekistan will launch large-scale cooperation programmes in the fields of nuclear energy, water management, agriculture and border control, creating opportunities for Hungarian companies in that rapidly developing Central Asian nation, Péter Szijjártó, Hungary’s minister of foreign affairs and trade, said in Tashkent on Wednesday.
Retail sales in March grew by an annual 16.2% from a low base, the Central Statistical Office (KSH) said on Wednesday. Calendar-year data also showed 16.2% growth.
When it comes to drawing up EU sanctions against Russia, Hungary attaches prime importance to the security of its energy supply, a ministry of innovation and technology official said after attending an extraordinary meeting of the Energy Council in Brussels on Monday.
Hungary and Kyrgyzstan have recently lifted their cooperation to a strategic partnership and have taken the decisions needed to further advance their relations, Foreign Minister Péter Szijjártó said in Bishkek on Tuesday.
The European Commission has identified issues in Hungary that indicate sound management of European Union monies are at risk, European Union Commissioner for Justice Didier Reynders said in a European Parliament debate in Strasbourg on Tuesday.
Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) rose to 58.9 points in April from 57.6 in March, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday.
