
Russian Roulette in Energy Security: Hungary, Ukraine, and Russian dependence
Hungary continues to rely on Russia for energy imports, which brings economic benefits in the short term but increasing vulnerability in the long term.
Hungary continues to rely on Russia for energy imports, which brings economic benefits in the short term but increasing vulnerability in the long term.
Viktor Orbán's Fidesz was elected with a promise of bringing down fuel prices. They did the opposite in the past decade.
According to the Ministry of Energy, MVM is already drilling the tenth well in the gas fields of Eastern Hungary. The state company is pouring money into HHE Sarkad Kft., which has had higher expenses than revenue in 2023.
The European Union now pays Russia half as much for energy as it did a year ago. China is slowly replacing the EU as Russia's biggest energy importer.
Our median wage is the third lowest in Europe, at around €6,600 a year, while the EU average is almost three times that, at €18,372 a year.
K-Monitor and Átlátszó have put the closing institutions and shops on a map.
The former CEO of Hungary’s state energy giant, MVM, was sentenced to five years in jail at the end of...
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