• 27 Jun 2022

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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.
Opposition Parties Comment on Windfall Taxes in Hungary

Opposition Parties Comment on Windfall Taxes in Hungary

Parties of the opposition have criticised the government for its Wednesday decision to make certain large companies pay a part of their extra profits to a new public utility cut fund and a defence fund.
Responsible, 'Feisty' Government Needed, Members Presented by Orbán

Responsible, 'Feisty' Government Needed, Members Presented by Orbán

Prime Minister Viktor Orbán’s fifth government was formed as its fourteen ministers took their oaths of office in parliament on Tuesday.
Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Economists across the political spectrum investigate the causes and possible remedies of soaring inflation.
Restoring Status of Esztergom Long Overdue, Says PM Orbán

Restoring Status of Esztergom Long Overdue, Says PM Orbán

The restoration of the status of the city of Esztergom is long overdue, Prime Minister Viktor Orbán said on Sunday after a mass at the Esztergom Basilica marking the anniversary of Esztergom becoming a city of county rank.
Borrowers Face Dire Impact of Rising Loan Rates in Hungary

Borrowers Face Dire Impact of Rising Loan Rates in Hungary

Hungarian mortgage rates have surged in recent months due to rising inflation and the MNB’s subsequent monetary tightening, which means that the size of loans that borrowers can take out under the MNB debt cap rules has declined significantly in one year, Portfolio writes in an analysis.
Paks Nuclear Plant Upgrade to Continue

Paks Nuclear Plant Upgrade to Continue

Concerning the upgrade of Hungary’s Paks nuclear plant, PM Orbán said that Hungary had a general objection against European sanctions against Russia, but “since unity within the EU is important, Hungary approves such measures unless they do not impact vital Hungarian interests”.
Opinion: Battlefield Reports on the Final Stretch of the Electoral Campaign in Hungary

Opinion: Battlefield Reports on the Final Stretch of the Electoral Campaign in Hungary

With just one week to go until the parliamentary elections, left-wing analysts are less confident in their electoral expectations than their pro-government counterparts.
Police Investigating Dozens of Forged Signatures Ahead of Hungarian Parliamentary Election

Police Investigating Dozens of Forged Signatures Ahead of Hungarian Parliamentary Election

In February, the collection of recommendations for the April parliamentary elections took place in 106 constituencies of Hungary. At least 500 valid signatures from voters living in the constituency were required. However, according to our information, not everyone managed to get them in the correct way.
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.
Opposition Parties Comment on Windfall Taxes in Hungary

Opposition Parties Comment on Windfall Taxes in Hungary

Parties of the opposition have criticised the government for its Wednesday decision to make certain large companies pay a part of their extra profits to a new public utility cut fund and a defence fund.
Responsible, 'Feisty' Government Needed, Members Presented by Orbán

Responsible, 'Feisty' Government Needed, Members Presented by Orbán

Prime Minister Viktor Orbán’s fifth government was formed as its fourteen ministers took their oaths of office in parliament on Tuesday.
Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Economists across the political spectrum investigate the causes and possible remedies of soaring inflation.
Restoring Status of Esztergom Long Overdue, Says PM Orbán

Restoring Status of Esztergom Long Overdue, Says PM Orbán

The restoration of the status of the city of Esztergom is long overdue, Prime Minister Viktor Orbán said on Sunday after a mass at the Esztergom Basilica marking the anniversary of Esztergom becoming a city of county rank.
Borrowers Face Dire Impact of Rising Loan Rates in Hungary

Borrowers Face Dire Impact of Rising Loan Rates in Hungary

Hungarian mortgage rates have surged in recent months due to rising inflation and the MNB’s subsequent monetary tightening, which means that the size of loans that borrowers can take out under the MNB debt cap rules has declined significantly in one year, Portfolio writes in an analysis.
Paks Nuclear Plant Upgrade to Continue

Paks Nuclear Plant Upgrade to Continue

Concerning the upgrade of Hungary’s Paks nuclear plant, PM Orbán said that Hungary had a general objection against European sanctions against Russia, but “since unity within the EU is important, Hungary approves such measures unless they do not impact vital Hungarian interests”.
Opinion: Battlefield Reports on the Final Stretch of the Electoral Campaign in Hungary

Opinion: Battlefield Reports on the Final Stretch of the Electoral Campaign in Hungary

With just one week to go until the parliamentary elections, left-wing analysts are less confident in their electoral expectations than their pro-government counterparts.
Police Investigating Dozens of Forged Signatures Ahead of Hungarian Parliamentary Election

Police Investigating Dozens of Forged Signatures Ahead of Hungarian Parliamentary Election

In February, the collection of recommendations for the April parliamentary elections took place in 106 constituencies of Hungary. At least 500 valid signatures from voters living in the constituency were required. However, according to our information, not everyone managed to get them in the correct way.