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9 More People Investigated in EU Tenders Bribery Case in Hungary

9 More People Investigated in EU Tenders Bribery Case in Hungary

Prosecutorial investigators are investigating nine people in connection with suspected bribery pertaining to European Union tenders, bringing the overall number of suspects to 34, the Central Investigative Prosecutor’s Office said.
Danube Embankment Flood Defences Plan to Proceed in Budapest's 3rd District

Danube Embankment Flood Defences Plan to Proceed in Budapest's 3rd District

The Budapest municipality is proposing to build a levee along the northern Róma Danube River bank following the current defence line on Királyok and Nánási Streets, as the most effective and safest way to protect the natural environment and leisure spots, Mayor Gergely Karácsony said.
Extending 'State of Emergency' in Hungary Approved by Parl’t Committee

Extending 'State of Emergency' in Hungary Approved by Parl’t Committee

Parliament’s defence and law enforcement committee on Monday approved the government’s decision to extend the state of emergency in view of the migration crisis in Hungary.
Foreign Investments in Hungary are Highest in Over 20 Years, Despite High Inflation & Gas Prices

Foreign Investments in Hungary are Highest in Over 20 Years, Despite High Inflation & Gas Prices

Even though European gas reserves have been replenished, the price of gas is three times pre-war levels, he said, adding that this had stoked inflation, with Hungary spending 4,000 billion forints (EUR 10.5bn) more on energy in 2022 than in the previous year, Prime Minister Viktor Orbán said in an address to MPS.
Will Hungary Become China's 'Battery Colony'?

Will Hungary Become China's 'Battery Colony'?

The government wants to make Hungary “China’s battery colony”, the deputy parliamentary group leader of opposition LMP said at a press conference in Budapest.
Budget Ends January With HUF 144 Billion Shortfall, Hungarian Finmin Confirms

Budget Ends January With HUF 144 Billion Shortfall, Hungarian Finmin Confirms

Hungary’s cash flow-based budget posted a 143.6 billion forint deficit, the Finance Ministry confirmed on Wednesday. The central budget was 190.8 billion forint in the red, the social security funds had a surplus of 3.6 billion, while the separate state funds also posted a surplus, of 43.6 billion forints.
HUF 6 Billion Support to Ukraine Delivered by Hungarian Interchurch Aid to Date

HUF 6 Billion Support to Ukraine Delivered by Hungarian Interchurch Aid to Date

Hungarian Interchurch Aid has delivered more than 6 billion forints (EUR 15.6m) worth of aid to Ukraine over the past year, helping 245,000 people, the organisation’s president said.
Public Debt Ratio in Hungary Falls Slightly to 72.9% at End 2022

Public Debt Ratio in Hungary Falls Slightly to 72.9% at End 2022

Hungary’s public debt relative to GDP reached 72.9% at the end of 2022, preliminary data released by the National Bank of Hungary (NBH) on Monday show.
Orbán Failed to Address Hungary's

Orbán Failed to Address Hungary's "Real Problems", Says Opposition Parties About PM's State of Nation Speech

Hungarian opposition parties on Saturday reacted to a keynote speech by Viktor Orbán, saying the prime minister had failed to address Hungary’s “real problems”.
9 More People Investigated in EU Tenders Bribery Case in Hungary

9 More People Investigated in EU Tenders Bribery Case in Hungary

Prosecutorial investigators are investigating nine people in connection with suspected bribery pertaining to European Union tenders, bringing the overall number of suspects to 34, the Central Investigative Prosecutor’s Office said.
Danube Embankment Flood Defences Plan to Proceed in Budapest's 3rd District

Danube Embankment Flood Defences Plan to Proceed in Budapest's 3rd District

The Budapest municipality is proposing to build a levee along the northern Róma Danube River bank following the current defence line on Királyok and Nánási Streets, as the most effective and safest way to protect the natural environment and leisure spots, Mayor Gergely Karácsony said.
Extending 'State of Emergency' in Hungary Approved by Parl’t Committee

Extending 'State of Emergency' in Hungary Approved by Parl’t Committee

Parliament’s defence and law enforcement committee on Monday approved the government’s decision to extend the state of emergency in view of the migration crisis in Hungary.
Foreign Investments in Hungary are Highest in Over 20 Years, Despite High Inflation & Gas Prices

Foreign Investments in Hungary are Highest in Over 20 Years, Despite High Inflation & Gas Prices

Even though European gas reserves have been replenished, the price of gas is three times pre-war levels, he said, adding that this had stoked inflation, with Hungary spending 4,000 billion forints (EUR 10.5bn) more on energy in 2022 than in the previous year, Prime Minister Viktor Orbán said in an address to MPS.
Will Hungary Become China's 'Battery Colony'?

Will Hungary Become China's 'Battery Colony'?

The government wants to make Hungary “China’s battery colony”, the deputy parliamentary group leader of opposition LMP said at a press conference in Budapest.
Budget Ends January With HUF 144 Billion Shortfall, Hungarian Finmin Confirms

Budget Ends January With HUF 144 Billion Shortfall, Hungarian Finmin Confirms

Hungary’s cash flow-based budget posted a 143.6 billion forint deficit, the Finance Ministry confirmed on Wednesday. The central budget was 190.8 billion forint in the red, the social security funds had a surplus of 3.6 billion, while the separate state funds also posted a surplus, of 43.6 billion forints.
HUF 6 Billion Support to Ukraine Delivered by Hungarian Interchurch Aid to Date

HUF 6 Billion Support to Ukraine Delivered by Hungarian Interchurch Aid to Date

Hungarian Interchurch Aid has delivered more than 6 billion forints (EUR 15.6m) worth of aid to Ukraine over the past year, helping 245,000 people, the organisation’s president said.
Public Debt Ratio in Hungary Falls Slightly to 72.9% at End 2022

Public Debt Ratio in Hungary Falls Slightly to 72.9% at End 2022

Hungary’s public debt relative to GDP reached 72.9% at the end of 2022, preliminary data released by the National Bank of Hungary (NBH) on Monday show.
Orbán Failed to Address Hungary's

Orbán Failed to Address Hungary's "Real Problems", Says Opposition Parties About PM's State of Nation Speech

Hungarian opposition parties on Saturday reacted to a keynote speech by Viktor Orbán, saying the prime minister had failed to address Hungary’s “real problems”.