• 11 Feb 2026

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Big Loss for Wizz Air in Q2

Big Loss for Wizz Air in Q2

Wizz Air realised a €450 million loss in the second quarter, the Hungarian low-cost airline reported as it released its preliminary figures on Monday.
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.
British Businesses Are Sixth Largest Investor Community in Hungary

British Businesses Are Sixth Largest Investor Community in Hungary

Hungary and the United Kingdom have laid the foundations of cooperation based on mutual respect following the UK's exit from the European Union, Foreign Minister Péter Szijjártó said in London on Tuesday.
Major Retailer Sees No Food Shortage But High Prices in Hungary

Major Retailer Sees No Food Shortage But High Prices in Hungary

There is no need to worry that there will be a serious shortage of anything, but the price of some products will rise dramatically, which is simply a fact, Gabriella Heiszler CEO of retail chain Spar Magyarország told personal finance website Pénzcentrum on Monday.
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.
Car Industry 'Facing Severe Challenges', Says Hungarian FM

Car Industry 'Facing Severe Challenges', Says Hungarian FM

Like the economy of Europe as a whole, its car industry faces grave challenges in the coming period, the minister of foreign affairs and trade has said.
Hungarian Parliament Rejects Directive On Global Minimum Tax

Hungarian Parliament Rejects Directive On Global Minimum Tax

Hungary rejects plans to introduce a global minimum tax as it would jeopardise jobs, Tamás Menczer, state secretary at the foreign ministry, told public broadcaster M1.
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.
Is 0% VAT for Basic Foods in Hungary Coming?

Is 0% VAT for Basic Foods in Hungary Coming?

The opposition Democratic Coalition has called on ruling Fidesz to vote for its earlier proposal cutting VAT for basic foodstuffs to zero percent.
Big Loss for Wizz Air in Q2

Big Loss for Wizz Air in Q2

Wizz Air realised a €450 million loss in the second quarter, the Hungarian low-cost airline reported as it released its preliminary figures on Monday.
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.
British Businesses Are Sixth Largest Investor Community in Hungary

British Businesses Are Sixth Largest Investor Community in Hungary

Hungary and the United Kingdom have laid the foundations of cooperation based on mutual respect following the UK's exit from the European Union, Foreign Minister Péter Szijjártó said in London on Tuesday.
Major Retailer Sees No Food Shortage But High Prices in Hungary

Major Retailer Sees No Food Shortage But High Prices in Hungary

There is no need to worry that there will be a serious shortage of anything, but the price of some products will rise dramatically, which is simply a fact, Gabriella Heiszler CEO of retail chain Spar Magyarország told personal finance website Pénzcentrum on Monday.
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.
Car Industry 'Facing Severe Challenges', Says Hungarian FM

Car Industry 'Facing Severe Challenges', Says Hungarian FM

Like the economy of Europe as a whole, its car industry faces grave challenges in the coming period, the minister of foreign affairs and trade has said.
Hungarian Parliament Rejects Directive On Global Minimum Tax

Hungarian Parliament Rejects Directive On Global Minimum Tax

Hungary rejects plans to introduce a global minimum tax as it would jeopardise jobs, Tamás Menczer, state secretary at the foreign ministry, told public broadcaster M1.
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.
Is 0% VAT for Basic Foods in Hungary Coming?

Is 0% VAT for Basic Foods in Hungary Coming?

The opposition Democratic Coalition has called on ruling Fidesz to vote for its earlier proposal cutting VAT for basic foodstuffs to zero percent.