Péter Magyar's landslide victory over Viktor Orbán on April 12 marks a seismic shift in European politics, ending the reign of Europe's longest-serving head of state. This political upheaval carries significant implications for US policy toward Russia, Ukraine, and the European Union, as well as for American business interests in the region.

The Court of Justice of the EU annulled the European Commission's 2017 decision to approve Hungary's State aid for two Russian-built nuclear reactors. No public tender had been held, and the ruling found...

The Hungarian government together with the Hungarian EximBank is providing a new subsidised credit programme for the Hungarian corporate sector. The aim of the HUF 700bln (approx. EUR 1.8bln)...

Fighting cartels in public procurement requires 21st century tools.

According to the official communications, the Hungarian Government is determined to make steps towards the simplification of the public administration while increasing its quality.

The so-called Integrated Legislation System (ILS; in Hungarian: Integrált Jogalkotási Rendszer) is planned to be implemented in Hungary by the end of 2018.

About one year after the entry into force of the fourth anti-money laundering directive and terrorist financing, a new directive in that regard entered into force on 9 July 2018.

In the absence of an agreement between the EEA and the UK (no-deal Brexit), the UK becomes a „third country" as of 00.00 am CET on 30 March 2019.

The Hungarian Ministry of the Interior recently submitted a legislative proposal to the Hungarian Government to amend the Act on Hungarian National Security Services (the "Proposal").

According to a recent proposal submitted to the Hungarian Parliament, the Hungarian Government intends to launch the electronic procurement system in April 2018.

Foreign direct investment (FDI) screening divergence in Europe is likely to remain a key hurdle for cross-border M&A, despite efforts aimed at introducing a minimum level of harmonisation of national screening laws ...

The new law will enter into force on 1 January 2020.

The EU aims to strengthen the business environment for EU investors.

The Minister of National Economy has prohibited the acquisition of a Hungarian-owned dairy company by a foreign investor, the Ministry of National Economy (MNE) announced.

Reforms affecting the state budget have been announced by the Minister for National Economy.

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security.

Ein Mangel an Personal, an Dienstleistungen und an Fachkompetenz kann die Abwicklung der Zollförmlichkeiten erschweren oder sogar verhindern.

The new Hungarian Government has submitted its draft act setting out the rules to enable screening of foreign acquisitions of certain Hungarian strategic companies engaged in providing strategic services ...