• 27 Apr 2026

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295 result(s) for budget cut

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.
Details Released for Hungary's Budget Deficit of HUF 1,434 Billion

Details Released for Hungary's Budget Deficit of HUF 1,434 Billion

Hungary’s cash flow-based budget deficit, excluding local councils, was 1,433.7 billion forints at the end of February, lifted by tax refunds, pensioner and public sector bonuses and a payroll tax cut, a first reading of data released by the Finance Ministry on Tuesday shows.
Hungary Loses 'Rule of Law Case' at European Court

Hungary Loses 'Rule of Law Case' at European Court

The European Court of Justice (ECJ) has dismissed challenges by Hungary and Poland over the new sanctions measure that can cut EU funding to member countries who violate democratic rights and freedoms.
PM Orbán Planning Austerity Measures After the Election, Says Unity for Hungary

PM Orbán Planning Austerity Measures After the Election, Says Unity for Hungary

The Orbán government is planning to introduce austerity measures once the election is over, said politicians from the Unity for Hungary opposition on Wednesday, representing the DK, Jobbik, and Dialogue parties.
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.
Details Released for Hungary's Budget Deficit of HUF 1,434 Billion

Details Released for Hungary's Budget Deficit of HUF 1,434 Billion

Hungary’s cash flow-based budget deficit, excluding local councils, was 1,433.7 billion forints at the end of February, lifted by tax refunds, pensioner and public sector bonuses and a payroll tax cut, a first reading of data released by the Finance Ministry on Tuesday shows.
Hungary Loses 'Rule of Law Case' at European Court

Hungary Loses 'Rule of Law Case' at European Court

The European Court of Justice (ECJ) has dismissed challenges by Hungary and Poland over the new sanctions measure that can cut EU funding to member countries who violate democratic rights and freedoms.
PM Orbán Planning Austerity Measures After the Election, Says Unity for Hungary

PM Orbán Planning Austerity Measures After the Election, Says Unity for Hungary

The Orbán government is planning to introduce austerity measures once the election is over, said politicians from the Unity for Hungary opposition on Wednesday, representing the DK, Jobbik, and Dialogue parties.