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.
Russian drone strikes hit civilian sites across several Ukrainian regions overnight and on Sunday, leaving at least 12 people dead and more than a doz...
A freight train carrying with Russian grain has departed from Bilajari station in Azerbaijan, heading to Armenia via transit routes through Georgia....
Dmitry Medvedev said European countries have failed to defeat Russia in Ukraine and have instead inflicted serious economic damage on themselves, as h...
U.S. President Donald Trump said on Saturday that the United States has begun negotiations with European leaders over Greenland and that an agreement ...
Israel has reopened Gaza’s Rafah border crossing with Egypt in what Israeli media described as a “pilot operation,” marking the first opening of...
Russian drone strikes hit civilian sites across several Ukrainian regions overnight and on Sunday, leaving at least 12 people dead and more than a dozen injured, Ukrainian officials said.
A freight train carrying with Russian grain has departed from Bilajari station in Azerbaijan, heading to Armenia via transit routes through Georgia.
Dmitry Medvedev said European countries have failed to defeat Russia in Ukraine and have instead inflicted serious economic damage on themselves, as he criticised EU policy, praised Donald Trump as a leader who seeks peace, and said Russia would “soon” achieve military victory in the war.
U.S. President Donald Trump said on Saturday that the United States has begun negotiations with European leaders over Greenland and that an agreement is already taking shape.
Catherine O’Hara, the celebrated Canadian actress and comedy legend, has died at the age of 71, her publicist confirmed on Friday. She passed away at her home in Los Angeles following a brief illness.
Newly released Epstein files name French President Emmanuel Macron among figures referenced in millions of disclosed documents.
The United Nations faces the risk of “imminent financial collapse” because of unpaid contributions, including substantial arrears from the United States, Secretary-General Antonio Guterres has warned.
Vladimir Putin said Russia earned more than $15 billion from defence exports in 2025 and fulfilled all military-technical contracts despite what he described as growing pressure from Western countries.
Explosions shook parts of southern Lebanon on Friday night as Israeli strikes rippled across the Zahrani district, with the blasts travelling toward the coastal city of Sidon.
Russian drone strikes hit civilian sites across several Ukrainian regions overnight and on Sunday, leaving at least 12 people dead and more than a dozen injured, Ukrainian officials said.
Dmitry Medvedev said European countries have failed to defeat Russia in Ukraine and have instead inflicted serious economic damage on themselves, as he criticised EU policy, praised Donald Trump as a leader who seeks peace, and said Russia would “soon” achieve military victory in the war.
U.S. President Donald Trump said on Saturday that the United States has begun negotiations with European leaders over Greenland and that an agreement is already taking shape.
Israel has reopened Gaza’s Rafah border crossing with Egypt in what Israeli media described as a “pilot operation,” marking the first opening of the crossing in two years.
Russian Security Council Secretary Sergei Shoigu has arrived in China for an official visit, where he is due to meet Chinese Foreign Minister Wang Yi to discuss international and regional security issues, Russian state media reported on Sunday.
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