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Top Daily News Hungary News

Moody's cuts Budapest's rating to junk due to row with national government — REUTERS / pwu404

Viktor Orbán · Hungary

Moody's cuts Budapest's rating to junk due to row with national government

38% Center coverage: 24 sources

Ratings agency Moody's has downgraded Budapest's credit rating to Ba1 from Baa3 and placed it on review for a further reduction, citing its weak liquidity and a financial dispute with Viktor Orban's national government. See the Story

Strategic Serbian Refinery Could Come Under Hungarian Control Thanks to Close Trump–Orbán and Putin–Orbán Ties

Viktor Orbán · Serbia

Strategic Serbian Refinery Could Come Under Hungarian Control Thanks to Close Trump–Orbán and Putin–Orbán Ties

100% Left coverage: 4 sources

For 36 days, the Serbian state-owned NIS oil refinery in Pančevo — the country’s sole oil refinery — has operated without a licence, making it indispensable to the Balkan state’s fuel supply. Today, Serbian President Aleksandar Vučić is preparing for a major announcement, which he has described as delivering “phenomenal political news”. Experts say part of this will involve MOL’s acquisition of ownership in the Serbian NIS. The Americans’ grace…See the Story

46 Maltese stuck on Danube cruise for New Year after ship ran aground

New Year · Hungary

46 Maltese stuck on Danube cruise for New Year after ship ran aground

67% Left coverage: 3 sources

A large group of Maltese passengers spent their New Year’s Eve celebrations stranded in the middle of the Danube River after their cruise ship ran aground.The 46 passengers were travelling aboard the MS nickoVision on a holiday cruise along the Danube. It departed on December 26 from Passau, Germany. Of the approximately 200 passengers on...See the Story

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