Hungarian Prime Minister Viktor Orban said on Saturday that preparations are under way for a substantial business mission to Moscow, describing the visit as an exclusively economic engagement.
“A huge business delegation will be traveling to Moscow in early December exclusively to discuss economic issues,” Orban told M1 TV during an event in central Hungary.
He noted that Budapest is now negotiating with Moscow over how strategic and economic cooperation will be structured once sanctions tied to the Ukraine conflict are eventually lifted. Hungary has long argued that sustained dialogue is essential, even as the European Union continues to expand its restrictive measures.
Orban’s announcement comes shortly after his late-November meeting with President Vladimir Putin in Moscow, a conversation that lasted nearly four hours. The leaders discussed bilateral relations and the situation in Ukraine. Orban publicly called the summit “successful” and pressed for the rapid launch of high-level negotiations between Russia and Europe, saying that renewed communication could help ease tensions.
Western governments have imposed 19 packages of sanctions on Russia since the start of the conflict in February 2022, targeting sectors ranging from energy to finance. Moscow has repeatedly denounced the measures as illegal, arguing that unilateral restrictions undermine global economic stability and act as “a double-edged sword.”
The planned business visit marks Budapest’s latest attempt to maintain channels with Russia while navigating the political divides within Europe on how to approach the conflict and its long-term economic impact.
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Hungarian Prime Minister Viktor Orbán has refused to lift his opposition to a €90 billion ($104 billion) European Union loan to help Ukraine keep up its fight against Russia’s invasion, following a meeting of EU leaders in Brussels on Thursday (19 March).
Ukraine has accused Hungary of taking seven employees of a state-owned bank hostage in Budapest.
Russian Foreign Ministry spokeswoman Maria Zakharova on Thursday (26 February) accused Ukraine of threatening Europe’s energy security by halting oil flows through the Druzhba oil pipeline to Hungary and Slovakia.
Ukrainian President Volodymyr Zelenskyy has suggested that Hungarian Prime Minister Viktor Orbán should block financial support to Russia rather than Ukraine, as Budapest opposes the European Union’s 20th sanctions package against Moscow.
President Donald Trump said the U.S. was considering "winding down" its military operation against Iran, as Iran and Israel traded attacks on Saturday (21 March) and Iranian media said the nuclear enrichment facility in Natanz had been attacked.
The trailer for Spider-Man: Brand New Day has officially become the most-watched trailer of all time, racking up 718.6 million views in its first 24 hours and surpassing the previous record set by Deadpool & Wolverine in 2024.
Slovenia heads to the polls on Sunday (22 March) in a closely contested race between incumbent Prime Minister Robert Golob and right-wing former Prime Minister Janez Janša.
Italy is voting on 22 and 23 March in a judicial reform referendum that could reshape the justice system and test Prime Minister Giorgia Meloni’s political strength ahead of the 2027 general election.
U.S. President Donald Trump has issued a stark warning to Iran, saying American forces could strike Iranian power plants if the strategically vital Strait of Hormuz remains closed. Israel has also signalled it will step up military action in the region, raising fears of a wider escalation.
Qatar has confirmed that seven people, including four of its military personnel and three Turkish nationals, were killed on Sunday (22 March) when a helicopter crashed in the country’s territorial waters.
Belgium has marked the 10th-anniversary of the 2016 Brussels terror attacks, remembering the victims of the country’s deadliest peacetime attack and reflecting on changes to national security.
A drone attack on a hospital in East Darfur, Sudan, has killed at least 64 people and injured 89 more, the World Health Organisation (WHO) reported on Saturday.
Cuba’s national power grid went down on Saturday, cutting electricity for millions, officials said. The outage marks the second nationwide blackout in a week and the third major grid failure in March.
A British nuclear-powered submarine armed with Tomahawk cruise missiles has reportedly taken up position in the Arabian Sea, the Daily Mail reported on Saturday (21 March). The deployment gives the UK the ability to carry out long-range strikes if tensions in the Gulf escalate.
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