Domestic

Government

3-day Strategic Cabinet Meeting Slated for Coming Week

Prime Minister Viktor Orbán has called a three-day strategic cabinet meeting for the coming week, in Sopron, news agency MTI...

Government

Gov’t Guarantees on Liabilities Climb Over 9% of GDP in 2021

Hungarian government guarantees on liabilities reached HUF 5.024 trillion at the end of 2021, the equivalent of 9.1% of GDP,...

Government

Gov’t to Launch HUF 700 bln Business Credit Scheme 

Hungary's government will launch a HUF 700 billion subsidized credit scheme for businesses from February, the Economic Development Ministry said...

Government

Gov’t Submits Amendments to 2023 Budget to Parl’t

The government submitted amendments to the 2023 budget act to parliament on Thursday, according to a report by state news...

Government

Gov’t Renews Subsidies to Support Job Seekers

With a HUF 17.6 billion budget, the government has re-launched subsidies to support job seekers and help them gain work...

Government

Modern Cities Program Continuing This Year

The Modern Cities program, which currently has more than 100 projects in the development phase, will continue this year, said...

Government

Orbán: Avoiding Recession Among Gov’t’s Ambitious Goals

Prime Minister Viktor Orbán said avoiding a recession and putting the brakes on inflation are "ambitious goals" of the government...

Government

Active Settlements Program Continuing in 2023

In order to improve everyday conditions for movement, the Active Settlements program will continue in 2023, according to the Active...

Government

Gov’t Declares Vodafone Acquisition of Nat’l Strategic Importance

The government has declared Antenna Hungaria's acquisition of a controlling stake in Vodafone Hungary of "national strategic importance", thus exempting...

Government

Teachers’ Union Decries Evaluation Introduction Plans

The idea introduced to the press of the performance evaluation of teachers is "completely inappropriate" and "extremely dangerous," according to...

Government

Gov’t Earmarks HUF 44 bln in Utility Subsidies for Muni Councils

The head of the Prime Minister's Office has decided on close to HUF 44 billion in support to help municipal...

Government

Gov’t Extends PIT Exemption to Mothers Under 30

Hungary's government has extended an exemption from the personal income tax to mothers under the age of 30 in a...

Government

Gov’t Clears Nat’l Digital Citizenship Program

Hungary's government has approved the National Digital Citizenship Programme, which aims to expand digital state administration, the Digital Hungary Agency,...

Government

Gov’t Launches MAX+ Subsidised Corporate Credit Scheme 

The economic development minister announced the launch on Friday of a credit program for businesses facing dearer borrowing costs backed...

Government

Gov’t Won’t Extend Repayment Moratoriums – Minister

The government will not extend repayment moratoriums for retail and corporate borrowers when they expire at year-end, Economic Development Minister...

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...