• 20 Jan 2026

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289 result(s) for budget cut

Inflation + Forint Rate Hit Hungarian Summer Holidays

Inflation + Forint Rate Hit Hungarian Summer Holidays

Two-thirds of Hungarians do not plan to go on vacation this summer, according to a fresh Publicus Institute survey.
Opposition: Next Year's Draft Budget is 'Unsustainable'

Opposition: Next Year's Draft Budget is 'Unsustainable'

The 2023 draft budget is “unsustainable” and “fictitious”, the head of parliament’s budgetary committee, of the opposition Socialists, said on Wednesday.
Hungary 'Never Proud to be an Outlier in EU'', Say PM's Chief of Staff

Hungary 'Never Proud to be an Outlier in EU'', Say PM's Chief of Staff

Hungary's government aims to find allies and is never proud to be an outlier in "regrettable" debates in the European Union, the prime minister's chief of staff said. But sometimes combatting Brussels necessary to thwart decisions that don’t take Hungary’s interests into consideration, Gergely Gulyás said in an interview with public media website hirado.hu.
Hungarian Opposition Slams Draft Budget as 'Austerity Budget'

Hungarian Opposition Slams Draft Budget as 'Austerity Budget'

Opposition parties have slammed the Hungarian draft budget submitted on Tuesday as “an austerity budget”. Jobbik deputy leader Dániel Z. Kárpát said the budget contained austerity measures to the tune of 2,000 billion forints (EUR 5.1bn), “including indirect effects”.
Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

The cabinet has decided to set up a fund for protecting the cap on utility bills and is introducing a tax on extra profits to finance it, Márton Nagy, the minister of economic development, said in an interview to public radio on Sunday.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

The new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines are not expected to burden consumers because the measure only taxes companies’ extra profits, Márton Nagy, the new minister for economic development, told a press briefing on Thursday.
Hungarian Opinion: PM Imposes Windfall Tax on ‘Extra Profits’

Hungarian Opinion: PM Imposes Windfall Tax on ‘Extra Profits’

A left-wing columnist believes the new exceptional powers under which the new taxes will be levied are motivated by an insatiable appetite for power, while his pro-government counterpart sees them as an attempt to serve social justice.
Budapest Mayor Karácsony Comments on Election Results

Budapest Mayor Karácsony Comments on Election Results

In an address to the municipal assembly, Budapest Mayor Gergely Karácsony said the outcome of the April 3 general election clearly reflected the will of the voters and created new conditions for cooperation between the municipal council and the government.
Hungary Asserts Interests at NATO Summit, Not Sending Soldiers, Weapons to Ukraine

Hungary Asserts Interests at NATO Summit, Not Sending Soldiers, Weapons to Ukraine

Hungary's standpoint and the national interest were successfully asserted at the NATO summit, Viktor Orbán said.
Inflation + Forint Rate Hit Hungarian Summer Holidays

Inflation + Forint Rate Hit Hungarian Summer Holidays

Two-thirds of Hungarians do not plan to go on vacation this summer, according to a fresh Publicus Institute survey.
Opposition: Next Year's Draft Budget is 'Unsustainable'

Opposition: Next Year's Draft Budget is 'Unsustainable'

The 2023 draft budget is “unsustainable” and “fictitious”, the head of parliament’s budgetary committee, of the opposition Socialists, said on Wednesday.
Hungary 'Never Proud to be an Outlier in EU'', Say PM's Chief of Staff

Hungary 'Never Proud to be an Outlier in EU'', Say PM's Chief of Staff

Hungary's government aims to find allies and is never proud to be an outlier in "regrettable" debates in the European Union, the prime minister's chief of staff said. But sometimes combatting Brussels necessary to thwart decisions that don’t take Hungary’s interests into consideration, Gergely Gulyás said in an interview with public media website hirado.hu.
Hungarian Opposition Slams Draft Budget as 'Austerity Budget'

Hungarian Opposition Slams Draft Budget as 'Austerity Budget'

Opposition parties have slammed the Hungarian draft budget submitted on Tuesday as “an austerity budget”. Jobbik deputy leader Dániel Z. Kárpát said the budget contained austerity measures to the tune of 2,000 billion forints (EUR 5.1bn), “including indirect effects”.
Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

The cabinet has decided to set up a fund for protecting the cap on utility bills and is introducing a tax on extra profits to finance it, Márton Nagy, the minister of economic development, said in an interview to public radio on Sunday.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

The new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines are not expected to burden consumers because the measure only taxes companies’ extra profits, Márton Nagy, the new minister for economic development, told a press briefing on Thursday.
Hungarian Opinion: PM Imposes Windfall Tax on ‘Extra Profits’

Hungarian Opinion: PM Imposes Windfall Tax on ‘Extra Profits’

A left-wing columnist believes the new exceptional powers under which the new taxes will be levied are motivated by an insatiable appetite for power, while his pro-government counterpart sees them as an attempt to serve social justice.
Budapest Mayor Karácsony Comments on Election Results

Budapest Mayor Karácsony Comments on Election Results

In an address to the municipal assembly, Budapest Mayor Gergely Karácsony said the outcome of the April 3 general election clearly reflected the will of the voters and created new conditions for cooperation between the municipal council and the government.
Hungary Asserts Interests at NATO Summit, Not Sending Soldiers, Weapons to Ukraine

Hungary Asserts Interests at NATO Summit, Not Sending Soldiers, Weapons to Ukraine

Hungary's standpoint and the national interest were successfully asserted at the NATO summit, Viktor Orbán said.