Government

Government

Péter Magyar: Hungary’s RRF Plan Receives Unanimous Approval From EU Finance Ministers

Hungary's Recovery and Resilience Plan has received unanimous approval from the EU finance ministers, removing the final obstacle from bringing...

Government

Péter Magyar: Some 400,000 Children to Receive Back-to-School Support

The families of some 400,000 children will receive government back-to-school support of HUF 100,000 (EUR 280), Prime Minister Péter Magyar...

Government

Hungarian Government to Lift Fidesz-era Facebook User Bans

The current Hungarian government is lifting user bans on the Hungary's Government Facebook page that were imposed by the Fidesz...

Government

Magyar: New President Must Accept They May Serve as Interim

Hungary's next president must accept that there is a good chance their term could be stop-gap, Prime Minister Péter Magyar...

Government

Government Plans to Suspend Guest-Worker Visas Will Hamper Recruitment and Investment

Companies desperate for workers warn new restrictions on employing foreign workers will hold back business development and dampen economic growth....

Government

Economy Minister Announces Probes of Export, Investment Promotion Agencies

István Kapitány, the economy minister, announced the launch of probes of the Hungarian Export Promotion Agency (HEPA), the Hungarian Investment...

Government

Magyar Casts Doubt on Tisza Support for Chief Prosecutor Nominee

PM Péter Magyar said Monday that the ruling Tisza Party was unlikely to support Zoltán Szathmáry’s nomination as chief public...

Government

Magyar Government’s Mission Impossible: Spend Less While Spending More

Hungary is currently on a mission impossible: pursuing fiscal consolidation while working on tax cuts and social spending, as promised...

Hungary Publishes Communist-Era Informant Files Online

Hungary has made the names and personal details of tens of thousands of communist-era informants publicly accessible through a new...

Hungary Proposes 15% Corporate Tax Rate for Large Companies

The government has submitted a bill that would raise Hungary's corporate tax rate from 9% to 15% for companies with...

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...

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...

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...

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...

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...

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...

Hungarian Government Plans Broader KATA Eligibility, Higher Monthly Payments

The gov't plans to expand eligibility for Hungary’s itemized tax for small businesses (KATA) while raising monthly tax payments, PM...

Magyar Casts Doubt on Tisza Support for Chief Prosecutor Nominee

PM Péter Magyar said Monday that the ruling Tisza Party was unlikely to support Zoltán Szathmáry’s nomination as chief public...

Government to Terminate MKIF Motorway Concession, Magyar Says

Hungary’s government will terminate its motorway concession contract with MKIF and file a formal complaint, Prime Minister Péter Magyar said...

Hungary to Direct HUF 90 bln From Tobacco Tax Increases to Healthcare

Hungary will use revenue from higher tobacco excise duties to provide additional funding for healthcare, the government said Tuesday, citing...

Magyar Government’s Mission Impossible: Spend Less While Spending More

Hungary is currently on a mission impossible: pursuing fiscal consolidation while working on tax cuts and social spending, as promised...