Domestic

Government

Parliament votes to revoke Sunday closings law

The Hungarian Parliament today approved legislation putting an end to a year-old law that required retailers to stay closed on...

Government

Court: Socialists can seek referendum against Sunday closings

Socialist MP István Nyakó can start collecting signatures for a referendum to revoke the law requiring most retailers to close...

Elections

Anti-terror law could allow government to monitor calls, bank accounts

Authorities would be allowed to monitor the calls and bank accounts of people suspected of terror activities, under a new...

Government

Report: Government could scrap Sunday closings law

The Hungarian government may be considering scrapping the year-old law that prevents retailers from opening on Sundays, as the Prime...

Government

Thugs win? Referendum against Sunday closings is killed

While acknowledging that Socialist MP István Nyakóʼs rights were infringed when thugs physically prevented him from applying to hold a...

Elections

Opposition Together organizes demo for Sunday

Opposition Együtt (Together) party is organizing a demonstration on Sunday at the Várkertbazár below Castle Hill, where Hungary’s Prime Minister...

Government

Editorial: ‘Terror-threat’ law would create threat of abuse

The following is the editorial from the Budapest Business Journalʼs January 29 biweekly edition....

Elections

Demo planned against ‘state of terror emergency’ proposal

The Movement for a Modern Hungary (MoMa) party is holding a demonstration at 3 p.m. on Sunday at Kossuth tér...

Government

FT: Orbán, Polish leader discuss shared values

Following a secretive meeting yesterday in southern Poland between Hungary’s Prime Minister Viktor Orbán and Jaroslaw Kaczynski, president of Poland’s...

Government

Orbán to pay unofficial visit to Poland today

Hungary’s Prime Minister Viktor Orbán will pay an unexpected and unofficial visit to Poland today on the invitation of Poland’s...

Government

Wabererʼs board proposes canceling IPO

The board of Hungarian road haulage company Wabererʼs will propose to shareholders the cancellation of an initial public offering at...

Government

Árpád Göncz, 1st freely elected president, dies aged 93

Árpád Göncz (pictured), the former dissident and the first post-communist President of the Republic of Hungary, died today aged 93....

Government

Editorial: Secretive government damages democracy

The following is the editorial from the July 17-30 biweekly edition of the Budapest Business Journal....

Government

Report: Sunday closure means loss of 2,400 jobs

In April, the first full month following the introduction of the Sunday closure law, approximately 2,400 fewer employees worked in...

Government

Parliament approves 2016 budget

The Hungarian Parliament today approved next yearʼs budget, including the total revenue of HUF 18,500 bln, total expenditures of HUF...

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...