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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Hungary’s foreign minister on Wednesday criticised European plans to establish military hubs in Ukraine, saying the move risks pushing Europe closer to a direct confrontation with Russia.
Hungary’s European Union affairs minister on Monday criticised an EU statement on Venezuela, calling it evidence of “the deep crisis” in the bloc’s foreign policy.
Russia’s pipeline gas exports to Europe fell 44% in 2025, reaching their lowest level since the 1970s. This sharp decline follows the closure of Ukraine's transit route and the EU's commitment to phase out Russian fossil fuels amid the ongoing conflict with Ukraine.
Thousands of Hungarians marched to the offices of Prime Minister Viktor Orban on Saturday (13 December) in protest over a physical abuse scandal at a state-run juvenile detention centre. The demonstration was led by opposition leader Peter Magyar, who called on Orban to resign.
Italian Prime Minister Giorgia Meloni said on Saturday (17 January) that concerns over security in Greenland should be addressed within the framework of NATO, describing a ground military intervention as highly unlikely.
Ashley St. Clair, mother of one of Elon Musk’s children, has filed a lawsuit against Musk’s company xAI, alleging that its AI tool Grok generated explicit images of her, including one portraying her as underage.
Egypt and Sudan have welcomed an offer by U.S. President Donald Trump to restart mediation with Ethiopia in a bid to resolve the long-running dispute over Nile River water sharing.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
Lithuanian prosecutors have charged six foreign nationals with terrorism over an alleged plot to attack a private military supplier providing aid to Ukraine.
The European Union faced calls to implement a range of economic countermeasures in response to U.S. President Donald Trump’s plans to impose tariffs on eight European countries in connection with Greenland.
Six people have been killed after a massive fire tore through a shopping centre in Pakistan’s largest city, Karachi, authorities said, as firefighters battled through the night to contain the blaze.
The world is entering a more unstable and fragmented phase as global cooperation declines and rivalry between major powers intensifies, the World Economic Forum has warned.
The Trump administration has denied a report that countries would be required to pay $1bn to join a proposed U.S.-backed peace initiative, after Bloomberg News said a draft charter set out a membership fee.
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