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.
Eurovision Song Contest once again proved how unpredictable its outcome can be, with Bulgaria’s Dara turning a late surge into a...
The World Urban Forum (WUF13) continues in Baku, Azerbaijan on 18 May, addressing the global housing crisis. The day’s agenda includes the of...
A drone strike caused a fire at the Barakah nuclear power plant in the UAE, officials said on Sunday, with ...
The World Health Organization (WHO) has declared an Ebola outbreak in the Democratic Republic of Congo (DRC) and Uganda a Public Health Emergency o...
Azerbaijan’s President Ilham Aliyev has held a series of high‑level meetings with world leaders and del...
The World Health Organization (WHO) has declared an Ebola outbreak in the Democratic Republic of Congo (DRC) and Uganda a Public Health Emergency of International Concern (PHEIC), warning that the situation poses a significant risk of cross-border spread in Central Africa.
The 13th Session of the World Urban Forum (WUF13) opened in Baku with ministers, UN officials and urban policy leaders. Participants call for action on housing, sustainable development and resilient cities, as rapid urbanisation is placing pressure on infrastructure, services and living conditions.
Thousands of displaced families in Gaza are facing growing infestations of rats and insects as worsening sanitation conditions and mounting waste deepen the humanitarian crisis across overcrowded camps, according to the United Nations Relief and Works Agency for Palestine Refugees in the Near East.
At least four people have been killed in a major Ukrainian drone attack on Russian territory, including the Moscow region, which authorities say faced its largest aerial assault in more than a year.
Bulgaria has won the Eurovision Song Contest for the first time, taking victory in a final overshadowed by a boycott over Israel’s participation and the war in Gaza.
At least eight people were injured after a driver rammed a car into pedestrians in the northern Italian city of Modena, authorities said on Saturday. Four of the victims were reported to be in serious condition.
U.S. President Donald Trump said Washington could destroy Iran’s infrastructure “in two days,” while Tehran warned the U.S. would face growing economic costs from the conflict. The remarks came as Hezbollah reported new attacks on Israeli forces despite an extended Lebanon ceasefire.
At least eight people have died and 32 others were injured after a freight train collided with a public bus at a railway crossing in Bangkok on Saturday (16 May), triggering a fire that quickly spread through the vehicle.
U.S. President Donald Trump says China's Xi Jinping agreed Iran must reopen the Strait of Hormuz, as Tehran prepares a new shipping mechanism. Tensions over the U.S. blockade and stalled nuclear talks continue to disrupt global oil supplies.
The World Urban Forum (WUF13) continues in Baku, Azerbaijan on 18 May, addressing the global housing crisis. The day’s agenda includes the official opening press conference, the WUF13 Urban Expo opening and a ministerial dialogue on the Nairobi Declaration to advance Africa's urban agenda.
The World Health Organization (WHO) has declared an Ebola outbreak in the Democratic Republic of Congo (DRC) and Uganda a Public Health Emergency of International Concern (PHEIC), warning that the situation poses a significant risk of cross-border spread in Central Africa.
Small businesses across Russia are increasingly feeling the impact of tighter internet restrictions, including limits on the messaging app Telegram, stricter controls on virtual private networks, and repeated mobile internet outages.
Taiwan’s President Lai Ching-te has reaffirmed the island’s commitment to sovereignty and regional stability following the recent meeting between U.S. President Donald Trump and Chinese leader Xi Jinping.
At least four people have been killed in a major Ukrainian drone attack on Russian territory, including the Moscow region, which authorities say faced its largest aerial assault in more than a year.
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