The recently adopted anti-migrant package of laws known under the name Stop Soros, in reference to Hungarian-born investor George Soros, continues to elicit strong criticism. Following harsh words from human rights organizations, international institutions expressed their concerns over the legislation.
Inflation could rise slightly over the 3% mid-term target in the coming months on the back of sharp increases in global oil prices, but the National Bank of Hungary (MNB) said it expects no spillover effects, according to its quarterly report published in full Thursday.
The growth rate of the Hungarian economy may fluctuate in the future as the government focuses on cutting the deficit significantly and going on with debt reduction. This announcement might come as something of a surprise, as the finance minister earlier said that improving competitiveness is the number one task for the newly elected government.
Hungarian lawmakers pointedly chose the occasion of World Refugee Day, June 20, to approve controversial legislation that makes the promotion and support of illegal immigration a punishable criminal offense. International organizations expressed severe criticism of the law, calling for legal action against Hungaryʼs government.
Croatian oil and gas company INA, a subsidiary of Hungarian peer MOL, will purchase Eni Croatia BV from the Italian Eni Group, thus becoming sole owner and operator of the Northern Adriatic and Marica offshore gas fields, according to a MOL announcement on the website of the Budapest Stock Exchange (BÉT).