Domestic

Government

Gov’t to Raise Pensions in January, Says Varga

The budget working group has discussed next year's pensions, pensions will be raised in January and an annual bonus equivalent...

Government

Sovereignty, Modernization, Connectivity Key to Hungary’s ‘Grand Strategy’

Sovereignty, technological modernisation and connectivity are pillars of Hungary's "grand strategy", Balázs Orbán, the prime minister's political director, said at...

Domestic

Back-to-School Shopping Still a Struggle for Many Families

Many families in Hungary still find back-to-school shopping a significant financial burden, according to a Erste Bank survey....

Government

Gov’t Reopens Bike-friendly Tenders

The Ministry of Construction and Transport and the KTI Hungarian Institute of Transportation Science and Logistics are once again launching...

Government

Application Starts for HUF 50 bln Food Processing Funding Scheme

Applications for HUF 50 bln in funding to support food processing investments that benefit small farmers are being accepted, the...

Government

Chinese Loan to be Used for Infrastructure Developments – Gulyás

A EUR 1 bln loan from a consortium of Chinese banks the state has drawn down will be used for...

Government

Tax Exemption for Tips Faces Technical, Legal Obstacles

Making tips tax-exempt would require overcoming technical and legal hurdles, the National Economy Ministry said on Friday, after Prime Minister...

Government

Hungary Solar Capacity Climbs Over 6,700 MW

Hungary's solar energy capacity has reached 6,712 MW, the Energy Affairs Ministry said on Friday, citing fresh data from TSO...

Elections

Karácsony Declared Winner in Budapest Mayoral Race After Recount

Gergely Karácsony, the incumbent in the June 9 election for lord mayor of Budapest, was declared the winner of the...

Government

Windfall Taxes on Some Companies Phasing out From 2025

Hungary's government will phase out windfall taxes on telecommunication and pharmaceutical companies from 2025, Minister of National Economy Márton Nagy...

Government

State to Decide on Developments at Ferenc Liszt Int’l Airport

The state of Hungary, as a financial and a strategic investor, will decide on developments at Ferenc Liszt International Airport,...

Government

Minster Tells Industry Insiders That Fuel Prices Must Fall

National Economy Minister Márton Nagy told representatives of motor fuel companies that prices at the pump needed to fall to...

Government

Gov’t Introduces ‘Defense Contribution’ for Multinational Companies

The government will levy a "defense contribution" on the wartime windfall profits of multinationals, Gergely Gulyás, the head of the...

Government

Gov’t Extends Childbirth Pledge Deadline for Some Baby Loan Borrowers

The government will extend the deadline for having children for Hungarians who took out prenatal baby support loans around the...

Elections

Kúria Orders Recount in Budapest Mayoral Race

The Kúria, Hungary's supreme court, has ordered a recount of all valid votes cast in the June 9 election for...

Government

Gov’t to Raise Pensions in January, Says Varga

The budget working group has discussed next year's pensions, pensions will be raised in January and an annual bonus equivalent...

Government

Sovereignty, Modernization, Connectivity Key to Hungary’s ‘Grand Strategy’

Sovereignty, technological modernisation and connectivity are pillars of Hungary's "grand strategy", Balázs Orbán, the prime minister's political director, said at...

Domestic

Back-to-School Shopping Still a Struggle for Many Families

Many families in Hungary still find back-to-school shopping a significant financial burden, according to a Erste Bank survey....

Government

Gov’t Reopens Bike-friendly Tenders

The Ministry of Construction and Transport and the KTI Hungarian Institute of Transportation Science and Logistics are once again launching...

Government

Application Starts for HUF 50 bln Food Processing Funding Scheme

Applications for HUF 50 bln in funding to support food processing investments that benefit small farmers are being accepted, the...

Government

Chinese Loan to be Used for Infrastructure Developments – Gulyás

A EUR 1 bln loan from a consortium of Chinese banks the state has drawn down will be used for...

Government

Tax Exemption for Tips Faces Technical, Legal Obstacles

Making tips tax-exempt would require overcoming technical and legal hurdles, the National Economy Ministry said on Friday, after Prime Minister...

Government

Hungary Solar Capacity Climbs Over 6,700 MW

Hungary's solar energy capacity has reached 6,712 MW, the Energy Affairs Ministry said on Friday, citing fresh data from TSO...

Elections

Karácsony Declared Winner in Budapest Mayoral Race After Recount

Gergely Karácsony, the incumbent in the June 9 election for lord mayor of Budapest, was declared the winner of the...

Government

Windfall Taxes on Some Companies Phasing out From 2025

Hungary's government will phase out windfall taxes on telecommunication and pharmaceutical companies from 2025, Minister of National Economy Márton Nagy...

Government

State to Decide on Developments at Ferenc Liszt Int’l Airport

The state of Hungary, as a financial and a strategic investor, will decide on developments at Ferenc Liszt International Airport,...

Government

Minster Tells Industry Insiders That Fuel Prices Must Fall

National Economy Minister Márton Nagy told representatives of motor fuel companies that prices at the pump needed to fall to...

Government

Gov’t Introduces ‘Defense Contribution’ for Multinational Companies

The government will levy a "defense contribution" on the wartime windfall profits of multinationals, Gergely Gulyás, the head of the...

Government

Gov’t Extends Childbirth Pledge Deadline for Some Baby Loan Borrowers

The government will extend the deadline for having children for Hungarians who took out prenatal baby support loans around the...

Elections

Kúria Orders Recount in Budapest Mayoral Race

The Kúria, Hungary's supreme court, has ordered a recount of all valid votes cast in the June 9 election for...

Gov’t to Raise Pensions in January, Says Varga

The budget working group has discussed next year's pensions, pensions will be raised in January and an annual bonus equivalent...

Sovereignty, Modernization, Connectivity Key to Hungary’s ‘Grand Strategy’

Sovereignty, technological modernisation and connectivity are pillars of Hungary's "grand strategy", Balázs Orbán, the prime minister's political director, said at...

Back-to-School Shopping Still a Struggle for Many Families

Many families in Hungary still find back-to-school shopping a significant financial burden, according to a Erste Bank survey....

Gov’t Reopens Bike-friendly Tenders

The Ministry of Construction and Transport and the KTI Hungarian Institute of Transportation Science and Logistics are once again launching...

Application Starts for HUF 50 bln Food Processing Funding Scheme

Applications for HUF 50 bln in funding to support food processing investments that benefit small farmers are being accepted, the...

Chinese Loan to be Used for Infrastructure Developments – Gulyás

A EUR 1 bln loan from a consortium of Chinese banks the state has drawn down will be used for...

Tax Exemption for Tips Faces Technical, Legal Obstacles

Making tips tax-exempt would require overcoming technical and legal hurdles, the National Economy Ministry said on Friday, after Prime Minister...

Hungary Solar Capacity Climbs Over 6,700 MW

Hungary's solar energy capacity has reached 6,712 MW, the Energy Affairs Ministry said on Friday, citing fresh data from TSO...

Karácsony Declared Winner in Budapest Mayoral Race After Recount

Gergely Karácsony, the incumbent in the June 9 election for lord mayor of Budapest, was declared the winner of the...

Windfall Taxes on Some Companies Phasing out From 2025

Hungary's government will phase out windfall taxes on telecommunication and pharmaceutical companies from 2025, Minister of National Economy Márton Nagy...

State to Decide on Developments at Ferenc Liszt Int’l Airport

The state of Hungary, as a financial and a strategic investor, will decide on developments at Ferenc Liszt International Airport,...

Minster Tells Industry Insiders That Fuel Prices Must Fall

National Economy Minister Márton Nagy told representatives of motor fuel companies that prices at the pump needed to fall to...

Gov’t Introduces ‘Defense Contribution’ for Multinational Companies

The government will levy a "defense contribution" on the wartime windfall profits of multinationals, Gergely Gulyás, the head of the...

Gov’t Extends Childbirth Pledge Deadline for Some Baby Loan Borrowers

The government will extend the deadline for having children for Hungarians who took out prenatal baby support loans around the...

Kúria Orders Recount in Budapest Mayoral Race

The Kúria, Hungary's supreme court, has ordered a recount of all valid votes cast in the June 9 election for...