• 22 Nov 2024

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Gov't “Seeks to Conceal” Purpose of One Billion Euro Loan to Hungary from China, Claims DK

Gov't “Seeks to Conceal” Purpose of One Billion Euro Loan to Hungary from China, Claims DK

The Democratic Coalition will file a request to the State Debt Management Centre for information concerning the terms of a one billion euro loan the government has recently taken out from China, László Varju, the opposition party’s deputy leader, told an online press conference.
New ‘Hungarian Grand Strategy’ Unveiled by Orbán - Opposition Parties Slam His Speech

New ‘Hungarian Grand Strategy’ Unveiled by Orbán - Opposition Parties Slam His Speech

Changes in the world order are under way and Asia will be at its centre, so a “Hungarian grand strategy” is both needed and in the pipeline, Prime Minister Viktor Orbán said in his address at the Bálványos Summer University in Băile Tuşnad, Romania.
Merger of Hungarian Railways & State Bus Operator Volánbusz Announced

Merger of Hungarian Railways & State Bus Operator Volánbusz Announced

Minister of Construction and Transport, János Lázár, has officially ordered the merger of two state-owned passenger transport companies, MÁV-START Plc. and Volánbusz Plc., into a single entity named MÁV Személyszállítási Plc.
Budapest Is Bankrupt, Finance Minister Announces

Budapest Is Bankrupt, Finance Minister Announces

The municipal court of appeals of Budapest has ruled that the city of Budapest cannot be exempted from certain tax payments, the finance minister said on Facebook on Tuesday, adding that the treasury had already collected 2 billion forints (EUR 5m) in tax arrears from the city’s account.
May Surplus Brings Budget Deficit to HUF 2,548 Billion In Hungary

May Surplus Brings Budget Deficit to HUF 2,548 Billion In Hungary

A 49 billion forint surplus (EUR 120m) for May brought Hungary’s cash flow-based general government deficit to 2,548.5 billion forints at the end of the month, the finance ministry said in a preliminary release of data.
Official: Forecast for GDP Growth in Hungary of 2.5% in 2024, 4.1% in 2025

Official: Forecast for GDP Growth in Hungary of 2.5% in 2024, 4.1% in 2025

Hungary’s government projects an economic growth rate of 2.5% for this year and 4.1% in 2025, a state secretary of the finance ministry said.
Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Hungary’s taxes are not to blame for high fuel prices, the finance minister said on Monday, adding that taxes on fuels were among the lowest in the European Union.
IMF Lowers Hungary's GDP Growth Forecast to 2.2%

IMF Lowers Hungary's GDP Growth Forecast to 2.2%

The International Monetary Fund (IMF) projected Hungary’s GDP would grow by 2.2% this year in its latest World Economic Outlook.
Updated: Repurchase Of Budapest Airport in Final Phase, Says Ministry

Updated: Repurchase Of Budapest Airport in Final Phase, Says Ministry

The repurchase of Budapest’s Liszt Ferenc International Airport is progressing in line with schedule and the transaction is in its final phase, the economy ministry said on Wednesday in response to press reports.
Gov't “Seeks to Conceal” Purpose of One Billion Euro Loan to Hungary from China, Claims DK

Gov't “Seeks to Conceal” Purpose of One Billion Euro Loan to Hungary from China, Claims DK

The Democratic Coalition will file a request to the State Debt Management Centre for information concerning the terms of a one billion euro loan the government has recently taken out from China, László Varju, the opposition party’s deputy leader, told an online press conference.
New ‘Hungarian Grand Strategy’ Unveiled by Orbán - Opposition Parties Slam His Speech

New ‘Hungarian Grand Strategy’ Unveiled by Orbán - Opposition Parties Slam His Speech

Changes in the world order are under way and Asia will be at its centre, so a “Hungarian grand strategy” is both needed and in the pipeline, Prime Minister Viktor Orbán said in his address at the Bálványos Summer University in Băile Tuşnad, Romania.
Merger of Hungarian Railways & State Bus Operator Volánbusz Announced

Merger of Hungarian Railways & State Bus Operator Volánbusz Announced

Minister of Construction and Transport, János Lázár, has officially ordered the merger of two state-owned passenger transport companies, MÁV-START Plc. and Volánbusz Plc., into a single entity named MÁV Személyszállítási Plc.
Budapest Is Bankrupt, Finance Minister Announces

Budapest Is Bankrupt, Finance Minister Announces

The municipal court of appeals of Budapest has ruled that the city of Budapest cannot be exempted from certain tax payments, the finance minister said on Facebook on Tuesday, adding that the treasury had already collected 2 billion forints (EUR 5m) in tax arrears from the city’s account.
May Surplus Brings Budget Deficit to HUF 2,548 Billion In Hungary

May Surplus Brings Budget Deficit to HUF 2,548 Billion In Hungary

A 49 billion forint surplus (EUR 120m) for May brought Hungary’s cash flow-based general government deficit to 2,548.5 billion forints at the end of the month, the finance ministry said in a preliminary release of data.
Official: Forecast for GDP Growth in Hungary of 2.5% in 2024, 4.1% in 2025

Official: Forecast for GDP Growth in Hungary of 2.5% in 2024, 4.1% in 2025

Hungary’s government projects an economic growth rate of 2.5% for this year and 4.1% in 2025, a state secretary of the finance ministry said.
Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Hungary’s taxes are not to blame for high fuel prices, the finance minister said on Monday, adding that taxes on fuels were among the lowest in the European Union.
IMF Lowers Hungary's GDP Growth Forecast to 2.2%

IMF Lowers Hungary's GDP Growth Forecast to 2.2%

The International Monetary Fund (IMF) projected Hungary’s GDP would grow by 2.2% this year in its latest World Economic Outlook.
Updated: Repurchase Of Budapest Airport in Final Phase, Says Ministry

Updated: Repurchase Of Budapest Airport in Final Phase, Says Ministry

The repurchase of Budapest’s Liszt Ferenc International Airport is progressing in line with schedule and the transaction is in its final phase, the economy ministry said on Wednesday in response to press reports.