• Paks II Minister-Elect: Upgrade Price “Fixed” At EUR 12.5 Bn

    Paks II Minister-Elect: Upgrade Price “Fixed” At EUR 12.5 Bn

    • 17 May 2018 7:18 AM

    The upgrade of the Paks nuclear power plant has a “fixed price” of 12.5 billion euros, János Süli, the minister-elect without portfolio in charge of planning and implementing construction of two more blocks at the plant, said in a hearing before the parliament’s economy committee.

    More >>
  • Hungary Adding Less Than 1% Share Of EU GDP

    Hungary Adding Less Than 1% Share Of EU GDP

    • 17 May 2018 6:56 AM

    In 2017, the combined gross domestic product (GDP) of the European Union amounted to some EUR 15.3 trillion at current prices. Over half of this was generated by three Member States: Germany, the United Kingdom, and France. Hungary, meanwhile, contributed 0.8%, show data from Eurostat, the EUʼs statistics office.

    More >>
  • New Govt Aims To Reduce Taxes Further

    New Govt Aims To Reduce Taxes Further

    • 16 May 2018 9:09 AM

    Hungary’s new government will aim to reduce taxes further for private individuals as well as businesses, Mihály Varga, the finance minister-elect, said at a hearing before a parliamentary committee.

    More >>
  • Hungary’s GDP Up 4.4%

    Hungary’s GDP Up 4.4%

    • 16 May 2018 9:07 AM

    Hungary’s first-quarter GDP climbed by an annual 4.4%, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for seasonal and calendar-year effects, GDP was up by 4.7%.

    More >>