Hungarian Prime Minister Viktor Orbán announced plans to introduce a pension top-up as part of a wider pre-election spending drive ahead of the 2026 national vote.
Facing the weakest economic period of his 15-year rule, Orbán has already pledged tax cuts, wage rises, and subsidised housing loans despite a stagnating economy.
He told state radio that Hungary’s growth this year would be between 0.6% and 1% — far below initial forecasts — and argued that austerity would not boost the economy. The proposed “14th-month pension” would grant retirees another month’s payment, a move estimated by ING Bank to cost around 0.6% of GDP.
Economists have warned the plan could worsen Hungary’s fiscal position, with Fitch Ratings recently noting that tax cuts and weak growth threaten to slow budget consolidation. Orbán also faces mounting pressure from a new centre-right opposition party that currently leads in most polls.
The foreign ministries of Armenia and Iran held political consultations in Yerevan, according to official statements....
Italy aims to begin testing a delayed cable car project in January as it seeks to ease transport pressure at the Milan–Cortina 2026 Winter Olympics,...
Storm Goretti has brought gale-force winds, heavy snow and freezing temperatures to parts of northern Europe, causing widespread power outages, flight...
Foreign Minister of Türkiye, Hakan Fidan, stresses importance of public order in Syria, deepening Türkiye-Indonesia cooperation, discusses Gaza and ...
Minnesota officials have launched their own investigation into the fatal shooting of a woman by a U.S. Immigration and Customs Enforcement (ICE) offic...
The foreign ministries of Armenia and Iran held political consultations in Yerevan, according to official statements.
Storm Goretti has brought gale-force winds, heavy snow and freezing temperatures to parts of northern Europe, causing widespread power outages, flight cancellations and major transport disruption.
Foreign Minister of Türkiye, Hakan Fidan, stresses importance of public order in Syria, deepening Türkiye-Indonesia cooperation, discusses Gaza and regional developments
Russia’s crude oil production experienced its most significant decline in 18 months in December, as Western sanctions and escalating Ukrainian drone attacks on the country's energy infrastructure took a toll.
Snow and ice stalled travellers in northwest Europe on Wednesday, forcing around a thousand to spend the night in Amsterdam's Schiphol airport but delighting others who set out to explore a snow-blanketed Paris on sledges and skis.
U.S. President Donald Trump has warned that Iran could face a strong response from the United States if its authorities kill protesters amid ongoing unrest.
Iran is now facing a near‑total internet blackout as anti-government protests sweep the country. Major cities including Tehran have seen connectivity drop sharply, leaving millions of residents isolated from online communication.
New York City parents could soon have access to free childcare for two-year-old children following a joint announcement made by Mayor Zohran Mamdani and Governor Kathy Hochul on Thursday (8 January).
Tens of thousands of Iranians have taken to the streets in Tehran and across at least 28 cities in a wave of anti-government demonstrations, now entering their twelfth day.
A South Korean court hearing the case of former President Yoon Suk Yeol on charges of insurrection postponed the sentencing request until next week after a lengthy session. This case could potentially lead to a death penalty verdict for Yoon due to his failed attempt to impose martial law in 2024.
Türkiye is reportedly in discussions to join the defence alliance between Saudi Arabia and Pakistan, a strategic move that could reshape security dynamics in the Middle East and South Asia.
The United Nations has described footage of the fatal ICE shooting in Minneapolis as deeply disturbing, urging a thorough investigation and reaffirming the right to peaceful protest.
Italy aims to begin testing a delayed cable car project in January as it seeks to ease transport pressure at the Milan–Cortina 2026 Winter Olympics, despite the challenges of construction in mountainous terrain.
Storm Goretti has brought gale-force winds, heavy snow and freezing temperatures to parts of northern Europe, causing widespread power outages, flight cancellations and major transport disruption.
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