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HUNGARY: Orban Speaks in Interview Following Visit to Kyiv

HUNGARY
  • In an interview to Swiss daily Weltwoche yesterday, Prime Minister Viktor Orban said that during his visit to Kyiv he had not aimed to convince President Volodymyr Zelensky but "gauge the limits of Kyiv's stance regarding the peace process". During the talks, Orban said he had aimed to leave behind "the not too flourishing ties" of recent times between the two countries and concentrate on the future.
  • Bloomberg reported earlier in the week that officials from Marine Le Pen’s movement were in advanced talks with other far-right groups in the European Parliament that could see her party abandon its current political family to join forces with Hungary’s Viktor Orban. Today, parties are set to continue talks.
  • There are no major data releases scheduled for today. Looking ahead, industrial production (Est: -2.1% y/y; Prior: -2.4%) and retail sales data (Est: +4.0% y/y; Prior: +3.2%) as well as preliminary trade balance figures for May will cross tomorrow morning.
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  • In an interview to Swiss daily Weltwoche yesterday, Prime Minister Viktor Orban said that during his visit to Kyiv he had not aimed to convince President Volodymyr Zelensky but "gauge the limits of Kyiv's stance regarding the peace process". During the talks, Orban said he had aimed to leave behind "the not too flourishing ties" of recent times between the two countries and concentrate on the future.
  • Bloomberg reported earlier in the week that officials from Marine Le Pen’s movement were in advanced talks with other far-right groups in the European Parliament that could see her party abandon its current political family to join forces with Hungary’s Viktor Orban. Today, parties are set to continue talks.
  • There are no major data releases scheduled for today. Looking ahead, industrial production (Est: -2.1% y/y; Prior: -2.4%) and retail sales data (Est: +4.0% y/y; Prior: +3.2%) as well as preliminary trade balance figures for May will cross tomorrow morning.