Domestic

Government

Orbán Augurs Economic Rebound From Q3

Prime Minister Viktor Orbán said the return of consumer spending power, parallel with falling inflation, and improved economic competitiveness would...

Government

Advance Payments for Rural Developments Starting in Oct

The distribution of direct subsidies and advance payments for specific rural development measures will begin on Oct. 16 this year,...

Government

Pensioners to Get Inflation Top-up

Hungarian pensioners will get a 3.1% top-up to compensate for higher-than-expected inflation, Gergely Gulyás, the head of the Prime Minister's...

Government

Gov’t Extends Deposit Rate Cap Till Year-end

The government has decided to extend a cap on interest rates on deposits of institutional investors and some private individuals...

Government

Varga in Talks With Big Firms on Global Min Corporate Tax Rate

Finance Minister Mihály Varga has initiated talks with the heads of big Hungarian companies on the transposition of a European...

Government

Orbán’s Salary Increased to HUF 4.178 mln

Prime Minister Viktor Orbán's salary increased in July from HUF 3.555 million gross to HUF 4.178 mln, according to data...

Government

Varga: Slowing Down Inflation ‘Most Important’ Task of Economic Policy

Finance Minister Mihály Varga said that putting the brakes on inflation was "the most important task of economic policy" at...

Government

Ministers Voice Interest in Maintaining V4 Cooperation

Foreign ministers of the Visegrad Group - Hungary, Czechia, Poland, and Slovakia - communicated their interest in keeping the V4...

Government

Single-digit CPI ‘Realistic’ in Nov, ‘Certain’ in Dec – Gulyás

Hungary's CPI could "realistically" fall into the single digits in November, Gergely Gulyás, the head of the Prime Minister's Office,...

Government

Gov’t, Central Bank Continue ‘Close Cooperation’

Hungary's government and central bank are continuing their "close cooperation", the Finance Ministry said on Thursday, after a regular meeting...

Government

Gov’t Plans to Expand Toll Roads

The Ministry of Construction and Transportation would rewrite the rules of road tolls, hvg.hu reports, according to a draft published...

Government

Orbán Augurs 16% Inflation in August

Prime Minister Viktor Orbán said inflation could fall to around 16% in August in a weekly interview on Kossuth Rádió...

Government

Gov’t Providing Higher Stipend, Free Meals to Nat’l Defense Students

The government is providing a higher stipend and free meals to students in national defense schools, that is, those under...

Government

Gov’t Looking to Cover Driving License Costs for Secondary Students

Instead of the current state contribution of HUF 25,000, the government appears to be giving priority to supporting secondary school...

Government

State Sec: Healthcare Workers Receiving Higher Wages

Nurses and healthcare workers will receive their 18% higher wages for July in the next few days, state secretary responsible...

Domestic

Hungarian Mother Gets Suspended Sentence for Hiding Daughter From Italian Father

A Hungarian woman who hid her daughter from the girl’s Italian father for more than a decade has received a...

Hungary’s 2027 Budget Combines Tax Relief, Spending Rises and Cost Cuts

Hungary’s 2027 budget will prioritize “fairness” and “development” through tax relief, higher public sector wages and EU-funded investments, Finance Minister...

Former Hungarian Central Bank Governor György Matolcsy Taken Into Custody

Former MNB Governor György Matolcsy was taken into custody this morning. His lawyer said he is suspected of economic fraud...

Hungary Plans 9% Income Tax for Minimum Wage Earners in 2027 Budget

Hungary is set to cut the personal income tax (PIT) rate for minimum wage earners from 15% to 9% next...

British Man Sentenced to Nine Years for Drug Trafficking in Hungary

The Tatabánya Regional Court in Hungary sentenced a British man to nine years in prison for drug trafficking Friday and...

Two Men Detained in Budapest Over Alleged Drug Smuggling From the Netherlands

Police detained two Hungarian men suspected of bringing drugs into Hungary by train from the Netherlands, the National Bureau of...

Péter Magyar Seeks EU Funding for Hungary’s Border Fence and Protection

Hungary will seek dedicated EU funding to strengthen its border fence and border protection during negotiations on the bloc’s next...

Court Upholds Detention of Former Hungarian Minister Hankó in HUF 17 bln Grant Case

The Kecskemét Regional Court has upheld the pretrial detention of former Culture and Innovation Minister Balázs Hankó and former State...

Hungarian Mother Gets Suspended Sentence for Hiding Daughter From Italian Father

A Hungarian woman who hid her daughter from the girl’s Italian father for more than a decade has received a...

Hungary Grants Temporary Diesel Tax Relief to Freight Operators

Hungary will provide temporary diesel excise tax relief of HUF 25 per liter for trucks weighing more than 7.5 metric...

Orbán Urged to Clarify Whether He Ordered Ukrainian Cash and Gold Convoy Stop

Defense Minister Romulusz Ruszin-Szendi has called on former PM Viktor Orbán to clarify whether he ordered Hungarian authorities to stop...

Romanian National Charged With Forcing Hungarian Man Into Servitude

A Romanian man has been charged with forcing a Hungarian man into servitude through violence and threats, the Pest County...

Hungary Targets HUF 800 bln With Wealth Tax on Billionaires

Hungary’s gov't has decided on the details of a wealth tax due to take effect in 2027, an expansion of...

Parties Split Over Security Implications of Szijjártó’s BYD Role

Fidesz and Tisza lawmakers offered contrasting assessments of former Foreign Minister Péter Szijjártó’s employment with BYD after a closed-door parliamentary...

Court Orders Detention of Former Hungarian Culture Minister Hankó

A judge at the Kecskemét District Court has ordered the detention of former Culture and Innovation Minister Balázs Hankó for...

Magyar Says Anti-Corruption Drive Has Reached Top ‘Fidesz Mafia’ Circles

Prime Minister Péter Magyar called former minister Miklós Seszták’s arrest a milestone in Operation Cleansing Fire, saying the anti-corruption drive...