The Russian Connection

Nuclear tender that caused tension between Hungary and Russia will restart

All bidders for the almost 300 million euros public tender were disqualified.

Russians wanting a massive Paks 2 nuclear contract eventually got pushed out

The tender for one of the most important parts of the Paks nuclear power plant was published. It concerns the control system responsible for its safe operation. According to Direkt36 this caused a big conflict between the Hungarian and Russian parties.

Putin-controlled financial giant has close ties to IIB, the Russian-led bank moving to Hungary

The International Investment Bank, which is about to move its headquarters to Hungary, has been in close contact with VTB, Russia’s second largest bank.

Russian-led bank rapidly gearing up in Budapest amid EU and U.S. worries

Nothing can stop the relocation of International Investment Bank, a former Soviet bank that was revived by Russian president Vladimir Putin a few years ago, to Budapest. Meanwhile, Hungary appoints a new director who has been accused of working for the Communist secret service.

Paks 2 is facing a risky modification that could favor the Russians

The preliminary ground works could start already before the approval of the overall project plans. This contains serious risks but it would benefit the Russians who have been urging the start of the investment for a long time.

Hungary Buying U.S. Missile System to Mend Ties with Trump Administration

Hungary and the U.S. are preparing to conclude several significant military-economic deals, according to Direkt36’s sources. However, the acquisition of a U.S. missile system could complicate Russian-Hungarian relations.

(Magyar) Magyar-amerikai kapcsolatok, State Department, Orbán-kormány

Diplomatic Cable Reveals U.S. Frustrated with Orban’s Hungary

This official document offers an in-depth glimpse into U.S.-Hungarian relations. State Department has stopped calling out Orban for Hungary’s democratic decline but gets little in return. Orban’s statement on Hungary’s neutrality is also mentioned.

Russian diplomats caught spying in Hungary get expelled quietly as usual

Russian intelligence organizes some of their Balkans operations from Hungary, but despite close Russian-Hungarian relations they can not always avoid retaliation. In 2016, the Military National Security Service exposed a GRU officer. Although Hungary’s government never informed the public, approximately ten Russian spies have been busted since 2010.

Paks 2: This is what it looks like when influential people are positioning themselves around the project

An association with relations across the political spectrum appeared around Paks 2 last year. It wanted to act as an intermediary during the nuclear power plant expansion, and even though influential people also showed up within the association, it failed to deliver on its plans in the end.

Moneyman of Syria’s president received Hungarian residence permit through Russia

Atiya Khoury, who is on the US sanction list, used an address in South Moscow to apply for residence permit through Hungary’s controversial Golden Visa Program. His application was handled by a company with ties to Viktor Orbán’s advisor.