Hungary’s economy and its players must prepare to perform in an increasingly difficult international environment, Mihály Varga, the finance minister, told an annual event of the National Association of Businesses and Employers (VOSZ) in Budapest on Friday.
The opposition LMP’s co-leader called for the introduction of a global minimum tax and the taxation of foreign-owned large companies at a press conference on Saturday.
Natural gas plays a crucial role in Hungary’s energy supply, but one way to reduce this dependency is by increasing electricity imports, which the government is working on, the minister of foreign affairs and trade said in Slovenia’s Cirkovce on Friday.
Polish energy group ORLEN on Thursday announced its entry onto the Hungarian market with the takeover of 143 petrol stations.
According to Minister of Agriculture István Nagy, the reason there is a shortage of products with price caps is that people are stockpiling – Népszava pointed out in Inforádió’s program.
Gross annual and monthly electricity consumption and the ratio of sustainable energy in electricity production and consumption saw record highs in 2021, the Hungarian Energy and Public Utility Regulatory Authority (HEA) said in an annual report published on Wednesday.
The opposition Socialist Party says it expects debt financing to be one of the biggest risk areas of the 2023 fiscal year, and that they hope the government was going into next year with a “comprehensible budget”. Zoltán Vajda, the head of parliament’s budgetary committee, said the body on Tuesday discussed the final accounts of […]
The government will support the Széchenyi Card scheme with 290 billion forints (EUR 712.6m) next year after receiving 130 billion this year, Prime Minister Viktor Orbán said on Tuesday.
Investment volume in Hungary grew by an annual 7.7% in the third quarter, edging down from a 7.8% annual increase in Q2, the Central Statistical Office (KSH) said, adding that the increase in investments could be explained by the dynamic activity of households and businesses combined with shrinking government investments.
The opposition Socialists have called for teachers’ salaries to be linked to the central bank governor’s pay. Socialist parliamentary group leader Bertalan Tóth told an online press briefing that a current government proposal to raise György Matolcsy’s salary from 5 million forints (EUR 12,275) a month to over 6 million forints was unacceptable.
