BUDAPEST, Sept 26 (Reuters) – Hungary should prepare for a prolonged war in neighbouring Ukraine, Prime Minister Viktor Orban told parliament on Monday, sharply criticising European Union sanctions imposed on Russia which he said were driving up energy prices.
Orban said the EU sanctions have “backfired” and it was no surprise that governments were falling in Europe, referring to the Italian election on Sunday where Giorgia Meloni looks set to become Italy’s first woman prime minister at the head of its most right-wing government since World War Two.
Hungary’s government has revised its long-term energy strategy and plans a raft of huge energy sector investments for which the European Union has pledged to give funding, Prime Minister Viktor Orban told parliament on Monday.
“If the Brussels bureaucrats do not give us this money, which Hungary is eligible for, then we will get the necessary funds from other financial sources,” Orban said. “We have launched these talks with the European Union and other international partners.”
Sri Lanka has waived visa fees for tourists from more than 40 countries, a move expected to reduce travel costs for visitors heading to the island nation.
Under the new rules, which c...
A train crashed into a school van at a level-crossing in the Belgian town of Buggenhout on Tuesday, killing four people including two special needs pupils, authorities said.
The dri...
Updated 1020
Food and Housing Costs Push Malta Inflation Up to 2.8%: Malta’s annual inflation rate edged up to 2.8% in April from 2.7% in March, according to the National Statistics O...
Update 1120
GWU Registers Industrial Dispute with MCAST Over Collective Agreement Delay: The General Workers' Union has registered an industrial dispute with MCAST, citing delays in s...
Former Polish president and anti-communist icon Lech Wałęsa was among the first recipients of the newly established European Order of Merit, receiving the EU’s highest distinction during...
The European Parliament has thrown its weight behind demands for a bigger long-term EU budget, approving its position for negotiations on the bloc’s next seven-year financial framework f...
Fears of major flight disruptions across Europe this summer have eased significantly, as airlines and energy officials say jet fuel supplies are now expected to remain stable despite ong...
Oil prices climbed on Friday but were on track for a weekly loss as investors doubted the prospects of a breakthrough in U.S.-Iran peace talks.
Brent crude futures rose $1.66, or 1.6...
“A company’s workplace culture praised by management, needs to be taken with caution. But when the recognition comes directly from employees, that carries greater weight,” says JONATHAN ...
EU lawmakers have approved new rules aimed at strengthening how failing banks are managed, extending protections to a wider range of institutions and depositors across the bloc.
The p...
GO plc, Malta's leading integrated communications and digital services group, today held its Annual General Meeting, where shareholders were presented with a landmark set of financial re...
Pharmaceutical and medical devices company Vivian has reported a 28.8% reduction in energy consumption over the past year, significantly surpassing the 5% benchmark required to qualify f...
The United States launched what it described as “self-defense” strikes against Iranian military targets after three US Navy destroyers came under attack in the Strait of Hormuz, sharply ...
French shipping giant CMA CGM reported that its vessel San Antonio was attacked while passing through the Strait of Hormuz, leaving several crew members injured and the ship damaged. The...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
María Corina Machado is a prominent figure in Venezuela’s opposition. She has reported that one of her closest associates, Juan Pablo Guanipa, was abducted. This occurred mere hours afte...
President Volodymyr Zelenskiy said that Russia was seeking to draw Belarus deeper into its war in Ukraine and was weighing plans to attack Ukraine's north or a NATO country from Belarus...
Ukraine’s anti-corruption authorities have named former presidential chief of staff Andrii Yermak as a suspect in a major graft investigation involving alleged money laundering.
Accor...
