Government

Parliament, Government, Politics

Magyar’s 1st PM Speech: Asset Recovery and Apologies

Making his first speech to Parliament today after becoming Prime Minister, Péter Magyar promised a bill on the National Asset...

Parliament, Government, Politics

Magyar Hungary’s 8th PM Since Change of Regime

Péter Magyar has become the eighth Prime Minister of Hungary since the change of regime in 1989, if you include...

Parliament, Government, Politics

Ágnes Forsthoffer Elected Speaker, Only 2nd Woman to Hold Role

Ágnes Forsthoffer was elected Speaker in a closed vote during the inaugural session, winning by a margin of 193 lawmakers...

Government

Magyar Finalizes Ministerial Picks for 1st Cabinet

Péter Magyar has named Gábor Pósfai to lead the interior ministry and Márton Melléthei-Barna to head the justice ministry, thus...

Government

Tisza Gov’t to Release Communist-era Agent Files

The incoming Tisza Party government will release the files on the communist-era state security apparatus, Péter Magyar, the prime minister-elect,...

Government

Magyar Asks Lőrincz to Be Rural Development Minister, Ruff to Head PM’s Office

Péter Magyar has asked incoming MP Viktória Lőrincz to act as rural development minister in the new government, and political...

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...