Domestic

Elections

Áder President for another five years

Governing Fidesz party pick János Áder was reelected President of Hungary yesterday, to little surprise, and will serve another five...

Government

New party to channel Hungarian pensionersʼ discontent

Hungarian pensioners are planning to form a political party as they feel they are currently not properly represented in Parliament,...

Elections

Majtényi accepts nomination to run for presidency

Jurist and university lecturer László Majtényi has accepted his nomination by a group of citizens to run for the presidency...

Elections

Fidesz MPs drop Jobbikʼs modified amendment

The Hungarian Parliament will not vote on far-right Jobbikʼs modified draft amendment to the Fundamental Law (constitution), originally submitted by...

Government

Republicans and Democrats in Hungary react to U.S. election

One week on from the surprise win of Republican presidential candidate Donald Trump, the local leaders of Republicans Overseas and...

Elections

Hungarian Parliament rejects amendment on quotas

The Hungarian Parliament today voted against a draft amendment to the Fundamental Law (constitution), submitted by Prime Minister Viktor Orbán,...

Government

KSH president picked as ISI council member

Gabriella Vukovich, president of the Hungarian Central Statistical Office (KSH), has been chosen by the International Statistical Institute (ISI) as...

Elections

Despite invalid referendum, government claims success

Hungaryʼs referendum on EU refugee settlement quotas ended as invalid Sunday, with only about 43% of Hungarians eligible to vote...

Elections

Despite aggressive government campaign, Hungarians unsure of referendum

Despite the Hungarian government’s heavy campaigning against the EU’s refugee settlement quota, the number of people planning to vote in...

Elections

NGO encourages invalid voting on refugee referendum

The Hungarian Helsinki Committee, a human rights NGO, is encouraging Hungarian voters to participate in October’s referendum, but to hand...

Government

Editorial: A lesson in the risks of referendums

The following is the editorial column from the July 1 biweekly edition....

Government

MNB governor urges Parliament to elect an MPC member

National Bank of Hungary (MNB) governor György Matolcsy called for the soonest possible election of a new member of the...

Elections

Parliament OKs referendum against EU refugee quotas

Hungarian Parliament yesterday approved the governmentʼs call for a referendum against mandatory migrant quotas for European Union countries, according to...

Government

Editorial: Stores open Sundays; letʼs go shopping!

The following is the editorial column from the April 22 biweekly edition of the Budapest Business Journal....

Government

Szijjártó: Freedom House criticism of Hungary is ‘nonsense’

A Freedom House report saying that democracy in Hungary is deteriorating is “nonsense”, Hungary’s Minister of Foreign Affairs and Trade...

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...