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.
When the rules no longer protect you, you must protect yourself,” Canadian Prime Minister Mark Carney said in Davos on Tuesday (20 January), a speec...
President Donald Trump said on Thursday that the United States has an "armada" heading toward Iran but hoped he would not have to use it, as he renewe...
U.S. President Donald Trump said on Thursday that the United States intends to bid to host the World Expo 2035, backing Miami, Florida, as the propose...
United Nations agencies have taken over the management of vast detention camps in northeastern Syria housing tens of thousands of people associated wi...
Turkish President Recep Tayyip Erdoğan has told his Iranian counterpart Masoud Pezeshkian that Türkiye opposes any form of foreign intervention in I...
China said on Tuesday that the United States has invited Beijing to take part in President Donald Trump’s proposed 'Board of Peace' initiative on Gaza.
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.
Qarabağ claimed a late 3–2 victory over Eintracht Frankfurt in the UEFA Champions League on Wednesday night, scoring deep into stoppage time to secure a dramatic home win in Baku.
Russian President Vladimir Putin said on Wednesday that Moscow could pay $1 billion from Russian assets frozen abroad to secure permanent membership in President Donald Trump’s proposed ‘Board of Peace’.
“I’m seeking immediate negotiations to once again discuss the acquisition of Greenland by the U.S.,” US President Donald Trump told the World Economic Forum. During his Wednesday (21 January) address, he once more cited national security concerns as the reason for wanting to own the Arctic island.
A commuter train collided with a construction crane in southeastern Spain on Thursday (22 January), injuring several passengers, days after a high-speed rail disaster in Andalusia killed at least 43 people.
President Donald Trump says he has agreed a "framework" for a Greenland deal with NATO.
When the rules no longer protect you, you must protect yourself,” Canadian Prime Minister Mark Carney said in Davos on Tuesday (20 January), a speech that resonated at home and heightened tensions with U.S. President Donald Trump, who later withdrew Canada’s invitation to the Board of Peace.
President Donald Trump said on Thursday that the United States has an "armada" heading toward Iran but hoped he would not have to use it, as he renewed warnings to Tehran against killing protesters or restarting its nuclear programme.
U.S. President Donald Trump said on Thursday that the United States intends to bid to host the World Expo 2035, backing Miami, Florida, as the proposed host city and promising major economic benefits if the bid is successful.
Turkish President Recep Tayyip Erdoğan has told his Iranian counterpart Masoud Pezeshkian that Türkiye opposes any form of foreign intervention in Iran, as protests and economic pressures continue to fuel tensions in the Islamic republic.
Vice President JD Vance delivered a broad defence of the thousands of federal agents leading an aggressive immigration enforcement operation in Minneapolis, saying that "far-left agitators" and uncooperative local officials are to blame for chaos on the streets.
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