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Hungary Moves Up Three Places in World Competitiveness Ranking

Hungary Moves Up Three Places in World Competitiveness Ranking

Hungary ranks 39th on the list of the world’s most competitive economies, up three places from last year, Finance Minister Mihály Varga said on Monday, citing information from Swiss competitiveness research institute IMD.
'Severe Austerity' Enactment Will ve Passed to Local Councils by Gov't, Says Budapest Major

'Severe Austerity' Enactment Will ve Passed to Local Councils by Gov't, Says Budapest Major

The government’s 2023 draft budget would pass on the responsibility for enacting “severe austerity measures” to local councils, Gergely Karácsony, the mayor of Budapest, told a press conference, adding that the opposition parties plan to submit a package of amendments.
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.
Economy Expands by 8.2% in Hungary

Economy Expands by 8.2% in Hungary

Hungary’s GDP grew by an annual 8.2% in the first quarter, the Central Statistical Office (KSH) said in a second reading of data. Adjusted for seasonal and calendar-year effects, first-quarter GDP rose by 8% year on year. Quarter on quarter, adjusted GDP grew by 2.1%.
Voters in Hungary Support Windfall Taxes, Századvég Survey Finds

Voters in Hungary Support Windfall Taxes, Századvég Survey Finds

Fully 79% of respondents in a recent Századvég survey expressed support for the government’s decision to levy a supertax on companies making extra profits to finance the government’s public utility cuts programme, the pollster said in Thursday.
New Windfall Tax on

New Windfall Tax on "Extra Profits" Announced in Hungary

Hungary's government will require banks, insurers, retail chains, energy companies, telcos and airlines to contribute their "extra profits" to a utilities fund and a defence fund for a period of two years, Prime Minister Viktor Orbán said in a video message on Facebook on Wednesday.
'Health Care to Be in Good Hands', Says Hungarian Interior Minister

'Health Care to Be in Good Hands', Says Hungarian Interior Minister

Health care will be “in good hands” overviewed by the interior ministry, Sándor Pintér, the candidate for interior minister, said in a hearing before parliament’s welfare committee on Wednesday.
'Experience & Youth' Characterise New National Soccer Squad in Hungary

'Experience & Youth' Characterise New National Soccer Squad in Hungary

Hungary men's head coach Marco Rossi has announced his squad for the four Nations League, Division A, Group 3 fixtures within 11 days in June.
GDP Growth High in Q1, Albeit From Low Base

GDP Growth High in Q1, Albeit From Low Base

  • 18 May 2022 9:12 AM
  • finance
Hungary’s GDP grew by an annual 8.2% in the first quarter, albeit from a low base, a first reading of data released by the Central Statistical Office (KSH) shows.
Hungary Moves Up Three Places in World Competitiveness Ranking

Hungary Moves Up Three Places in World Competitiveness Ranking

Hungary ranks 39th on the list of the world’s most competitive economies, up three places from last year, Finance Minister Mihály Varga said on Monday, citing information from Swiss competitiveness research institute IMD.
'Severe Austerity' Enactment Will ve Passed to Local Councils by Gov't, Says Budapest Major

'Severe Austerity' Enactment Will ve Passed to Local Councils by Gov't, Says Budapest Major

The government’s 2023 draft budget would pass on the responsibility for enacting “severe austerity measures” to local councils, Gergely Karácsony, the mayor of Budapest, told a press conference, adding that the opposition parties plan to submit a package of amendments.
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.
Economy Expands by 8.2% in Hungary

Economy Expands by 8.2% in Hungary

Hungary’s GDP grew by an annual 8.2% in the first quarter, the Central Statistical Office (KSH) said in a second reading of data. Adjusted for seasonal and calendar-year effects, first-quarter GDP rose by 8% year on year. Quarter on quarter, adjusted GDP grew by 2.1%.
Voters in Hungary Support Windfall Taxes, Századvég Survey Finds

Voters in Hungary Support Windfall Taxes, Századvég Survey Finds

Fully 79% of respondents in a recent Századvég survey expressed support for the government’s decision to levy a supertax on companies making extra profits to finance the government’s public utility cuts programme, the pollster said in Thursday.
New Windfall Tax on

New Windfall Tax on "Extra Profits" Announced in Hungary

Hungary's government will require banks, insurers, retail chains, energy companies, telcos and airlines to contribute their "extra profits" to a utilities fund and a defence fund for a period of two years, Prime Minister Viktor Orbán said in a video message on Facebook on Wednesday.
'Health Care to Be in Good Hands', Says Hungarian Interior Minister

'Health Care to Be in Good Hands', Says Hungarian Interior Minister

Health care will be “in good hands” overviewed by the interior ministry, Sándor Pintér, the candidate for interior minister, said in a hearing before parliament’s welfare committee on Wednesday.
'Experience & Youth' Characterise New National Soccer Squad in Hungary

'Experience & Youth' Characterise New National Soccer Squad in Hungary

Hungary men's head coach Marco Rossi has announced his squad for the four Nations League, Division A, Group 3 fixtures within 11 days in June.
GDP Growth High in Q1, Albeit From Low Base

GDP Growth High in Q1, Albeit From Low Base

  • 18 May 2022 9:12 AM
  • finance
Hungary’s GDP grew by an annual 8.2% in the first quarter, albeit from a low base, a first reading of data released by the Central Statistical Office (KSH) shows.