Former State Audit Office chief to chair Fiscal Council


Arpad Kovacs, the former head of the State Audit Office (ASZ), was appointed on Tuesday by the president of the republic to chair the Fiscal Council.

Mr Kovacs replaces Zsigmond Jarai, who resigned because the Fiscal Council’s expanded tasks created a situation that made his position incompatible with fulfilling other functions in the private and public sector.

Mr Jarai is chairman of the National Bank of Hungary’s supervisory board. He is also chairman of the supervisory board of insurer CIG Pannonia and a member of the board of directors of Hungarian oil and gas company MOL.


Companies Unprepared for Cyberattack Analysis

Companies Unprepared for Cyberattack

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Higher Sugar Prices Raising Holiday Candy Costs Retail

Higher Sugar Prices Raising Holiday Candy Costs

Hungarian Tourism in Croatia Returning to Pre-pandemic Level... Tourism

Hungarian Tourism in Croatia Returning to Pre-pandemic Level...


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.