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.
Russia says several “unfriendly” countries approached its delegation at the G20 summit in Johannesburg with concrete proposals for economic cooper...
Turkish President Tayyip Erdogan says he will urge Vladimir Putin to revive the Black Sea grain deal and discuss fresh efforts to end the war in Ukrai...
An Israeli airstrike on a southern Beirut suburb has targeted senior Hezbollah figure Ali Tabtabai, with at least four people killed and dozens injure...
Ukrainian drones hit the Shatura heat and power station in the Moscow region on Sunday (23 November), causing a major fire and cutting heating for tho...
COP30 ended in Brazil with a compromise agreement that expands financial support for countries facing the sharpest climate impacts, after tense negoti...
European, Ukrainian and U.S. officials met in Geneva on Sunday to examine Washington’s draft plan to end the war in Ukraine. The proposal has raised concern in Kyiv and among its allies, who say it includes major concessions to Russia.
An Israeli airstrike on a southern Beirut suburb has targeted senior Hezbollah figure Ali Tabtabai, with at least four people killed and dozens injured, raising fresh questions over the durability of the year-old U.S.-brokered ceasefire.
Global media outlets have extensively covered the C5+1 Summit held in Washington, highlighting its significant outcomes for both the United States and Central Asian countries.
COP30 ended in Brazil with a compromise agreement that expands financial support for countries facing the sharpest climate impacts, after tense negotiations stretched beyond the summit’s deadline.
An Indian Tejas fighter jet crashed in a ball of fire during an aerial display at the Dubai Airshow on Friday (November 21), leaving spectators in shock.
The United States is preparing to launch a new round of Venezuela-related operations in the coming days, as President Donald Trump’s administration intensifies efforts to pressure President Nicolás Maduro’s government and targets what it calls Venezuela’s role in the regional drug trade.
Air traffic at Eindhoven Airport in the southern Netherlands was suspended on Saturday evening after multiple drones were sighted near the facility, prompting the deployment of counter-drone systems and raising fresh alarm over airspace security in Europe.
President Donald Trump said on Friday that he will soon speak with his Venezuelan counterpart, Nicolas Maduro, amid speculation that the U.S. could launch an attack on the Latin American nation.
U.S. President Donald Trump is meeting New York Mayor-elect Zohran Mamdani at the White House to discuss housing, food security, and other affordability issues facing the city.
Turkish President Tayyip Erdogan says he will urge Vladimir Putin to revive the Black Sea grain deal and discuss fresh efforts to end the war in Ukraine.
Ukrainian drones hit the Shatura heat and power station in the Moscow region on Sunday (23 November), causing a major fire and cutting heating for thousands.
Voters in Bosnia’s Serb Republic cast ballots for a new president in a snap election on Sunday (23 November), called after former leader Milorad Dodik was removed and barred from politics.
The Amazon River’s future is increasingly defined by the condition of the wider Amazon Basin, a forest system that anchors the river’s rainfall, biodiversity and hydrological balance. Scientists warn the relationship has entered a fragile phase.
McLaren’s Lando Norris mastered the wet conditions under the lights of Las Vegas to secure pole position for Saturday’s Grand Prix, beating Red Bull’s Max Verstappen in a tense and slippery qualifying session that could prove pivotal in the championship race.
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