Study: Hungary approves 214 acts in one year
The Hungarian Parliament approved 214 acts in the period of August 2014 - August 2015, 61 more than in the previous 12 months, with the most legislation being passed in connection with foreign exchange loans and the issue of “migrants”, Grayling’s AcTrend Report 2015 reveals in findings published today.
Grayling investigated six countries – Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia – in the Central and Eastern European markets, and found that 1,041 acts were approved in the period, 17% more than in the previous 12 months during which time 891 acts were passed, with 468 having a direct impact on business.
Findings of the study reveal that following Romania’s 290 acts and Poland’s 249, Hungary was the third most active country with 214 legislation being approved.
Of the total acts passed in the six countries, 83% were related to the business sector, with 16% having been submitted by MPs. MPs in Hungary were involved in 23% of the acts, coming second after Bulgaria’s 30% and followed by Romania’s 22%.
The study notes that in Hungary the “government continues to avoid discussion of certain sensitive issues (e.g. closure of shops on Sundays); several bills were submitted by governing coalition MPs rather than ministries.”
“The astounding amount of three acts approved every day on average in the last twelve months, totaling an all-time high of 1,041 acts passed, is primarily a consequence of the activities of the three most active markets: Romania, Poland and Hungary. These countries alone adopted 165 more acts than last year, while there were no significant changes in the other CEE markets. In the future, we can expect fluctuations in these numbers as Romania approaches the 2016 elections, Poland is awaiting its parliamentary election, and as Hungary’s legislative procedures affecting everyday life are expected to slow down due to the migration crisis," said Gergely Ábrahám, Head of Public Affairs Practice Group of Grayling in CEE, regarding the study.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.