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HUNGARY: Orban to Meet Macron in Paris Ahead of EU Summit

HUNGARY
CEEMEAEM BulletBulletEmerging Market NewsHungary
  • Prime Minister Viktor Orban will meet French President Emmanuel Macron in Paris to discuss the upcoming EU summit on Ukraine and the bloc’s defense initiatives. Orban told reporters yesterday he sees scope for an agreement on Europe’s military defense at the summit on Thursday, but reiterated that differences within the EU on Ukraine support are ‘unbridgeable.’
  • In a post on Facebook, Foreign Minister Peter Szijjarto said he discussed with US Secretary of State Marco Rubio the possibility of Hungarian-American energy cooperation. In particular, he noted that Westinghouse is one of the leading companies in the global nuclear technology market and can play an important role in the breakthrough aimed at creating small modular nuclear power plants.
  • There are no data releases scheduled for today, with industrial production (Est: -3.6% Y/Y; Prior: -6.4%) and retail sales (Est: +1.4% Y/Y; Prior: +0.1%) figures both due tomorrow morning.
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  • Prime Minister Viktor Orban will meet French President Emmanuel Macron in Paris to discuss the upcoming EU summit on Ukraine and the bloc’s defense initiatives. Orban told reporters yesterday he sees scope for an agreement on Europe’s military defense at the summit on Thursday, but reiterated that differences within the EU on Ukraine support are ‘unbridgeable.’
  • In a post on Facebook, Foreign Minister Peter Szijjarto said he discussed with US Secretary of State Marco Rubio the possibility of Hungarian-American energy cooperation. In particular, he noted that Westinghouse is one of the leading companies in the global nuclear technology market and can play an important role in the breakthrough aimed at creating small modular nuclear power plants.
  • There are no data releases scheduled for today, with industrial production (Est: -3.6% Y/Y; Prior: -6.4%) and retail sales (Est: +1.4% Y/Y; Prior: +0.1%) figures both due tomorrow morning.