Domestic

Government

Pilot program of ‘workshop schools’ to include 117 young people

Young people who have left public education will have access to a trade via so-called "workshop schools", through a flexible...

Government

Varga announces recovery plan tenders

Finance Minister Mihály Varga announced tenders for almost HUF 30 billion in funding that will be called during the week...

Government

5-month rent waiver ordered for state, municipal business premises

The government has ordered a five-month rent waiver for state and municipal business premises if the tenant can be classified...

Government

Hungarian, Chinese education portfolios sign MoU on Fudan Uni campus

Hungary's and China's ministries in charge of higher education have signed a memorandum of understanding on cooperating to establish Fudan...

Government

98% of wage support for catering, tourism workers paid out

The government says it has already paid out HUF 35 billion of some HUF 35.5 bln in wage support for...

Government

3-year grace period for HUF 10 mln loan included in action plan

A HUF 10 million interest-free quick loan included in the action plan for reopening the economy will help the most...

Government

Gen gov’t starts 2021 with surplus; full-year gap expected at 6.5% of GDP

Hungary's cash flow-based general government, excluding local councils, had a HUF 198.8 billion surplus at the end of January, Hungarian...

Government

Varga: Economic downturn smaller than expected

The economic downturn was smaller than expected last year, it could have been between 5-6% of GDP, Minister of Finance...

Government

Gov’t stimulus supports EUR 400 mln of German investments in Hungary

Almost 100 German-owned companies have undertaken around EUR 400 million of investments in Hungary supported by government stimulus during the...

Government

Gov’t guarantees at HUF 3.509 tln in 2019

Hungarian government guarantees came to HUF 3.509 trillion at the end of 2019, equivalent to 7.39% of GDP, according to...

Government

Gov’t approves 1st, HUF 6 tln phase of economic recovery plan 

The government has decided on the initial HUF 6 trillion phase of the Economic Recovery Action Plan, Prime Minister Viktor...

Government

Gov’t issues decree expediting COVID-19 vaccine approval

The government has issued a decree expediting approval of medicines to prevent the spread of the coronavirus that have been...

Government

Hungary to extend pandemic restrictions till March 1

Hungary's government will extend pandemic restrictions now in place for another month until March 1, Gergely Gulyás, the head of...

Government

Gov’t websites hit by cyberattacks

A number of Hungarian government portals have been affected by a coordinated series of cyberattacks in recent days, government website...

Government

Agriculture ministry awards 1,457 food industry firms HUF 6.8 bln

Hungary's agriculture ministry has awarded 1,457 food industry companies HUF 6.8 billion in support to preserve jobs, Minister of Agriculture...

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...