Domestic

Government

Gov’t Rolls Back More Food Prices 

The government has decided to cap the price of eggs and potatoes in shops at September 30 levels, Gergely Gulyás,...

Government

President Appoints Integrity Authority Head, Deputies

President Katalin Novák has appointed the chairman and deputies of Hungary's new Integrity Authority, according to a report by state...

Government

Gov’t Issues New Declaration of State of Emergency

Hungary's government has issued a new declaration of a state of emergency due to the war in Ukraine and the...

Government

Hungary Raises Questions Over Further Support

Hungary supported the funding of a further EUR 500 million by European Union member states to support Ukraine’s Armed Forces...

Government

Gov’t Weighs Expansion of Price Caps

Prime Minister Viktor Orbán said the government will decide in the coming weeks on expanding the list of products with...

Government

Gov’t Issues Decree on SME Rate Freeze

The government has issued a decree rolling back rates for non-subsidized, forint-based SME credit to levels on June 28 in...

Government

Decree on Suspension of Feed-in Tariff Application Approval Published 

The government has issued a decree on the temporary suspension of approval for household applications to join the feed-in tariff...

Government

Hungary Centralizes Operation of State Funds for Supporting Businesses 

The government has decided to centralize the operation of all state funds supporting businesses, Economic Development Minister Márton Nagy said...

Government

Former Hungarian Gov’t Official Charged in Corruption Case

The Prosecution Service of Hungary on Monday said it filed charges against Pál Völner, a former state secretary at the...

Government

A Unique Bond Forged by Uninterrupted Investor Activity

When France sneezes, the rest of Europe catches a cold, Austrian Chancellor Metternich said in the 19th century, referring to...

Government

MKIK Asks Gov’t to Weigh Rate Freeze, Repayment Moratorium

The Hungarian Chamber of Commerce and Industry (MKIK) on Thursday said it asked the government to consider the introduction of...

Government

Bill Would Establish Central Registry of Public Data

Hungary's government submitted a bill to lawmakers on Tuesday that would establish a registry of the key budget data of...

Government

Gov’t Submits Bill Streamlining Sale of Non-Essential State Property 

The government has submitted a bill to parliament that would centralize ownership rights over state-owned property with the Hungarian National...

Government

Some Gov’t Offices to Close in Winter

Some low-traffic government administration offices will close to clients between November 2 and March 17 of next year to cut...

Government

Decree Issued on Tax Preference Time Limit for SZÉP Card Spending

The government has issued a decree limiting a 15% tax preference for SZÉP voucher card top-ups to one year according...

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...