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64 result(s) for economic protection action plan

New Electricity Price Cap Impacts 5,000 Companies in Hungary

New Electricity Price Cap Impacts 5,000 Companies in Hungary

The government has adopted an economy protection action plan introducing a price cap on electricity in certain economic sectors, the head of the Prime Minister's Office announced.
Foreign Investments in Hungary are Highest in Over 20 Years, Despite High Inflation & Gas Prices

Foreign Investments in Hungary are Highest in Over 20 Years, Despite High Inflation & Gas Prices

Even though European gas reserves have been replenished, the price of gas is three times pre-war levels, he said, adding that this had stoked inflation, with Hungary spending 4,000 billion forints (EUR 10.5bn) more on energy in 2022 than in the previous year, Prime Minister Viktor Orbán said in an address to MPS.
Orbán Calls on EU to Drop Sanctions

Orbán Calls on EU to Drop Sanctions

The Russia-Ukraine war is no longer a local conflict, Viktor Orbán told a meeting of the ruling Fidesz and Christian Democratic parties. European Union sanctions against Russia have turned it into a global economic war, he said.
Hungary to Designate Service Providers for Petrol Stations Threatened by Closure

Hungary to Designate Service Providers for Petrol Stations Threatened by Closure

The state is ready to intervene and exercise its right to designate new operators for petrol stations that face closure in areas where, as a result, fuel would become unavailable within a 5 km radius of a settlement, the prime minister’s chief of staff told a regular press briefing on Wednesday.
EU Withholding Hungary Recovery Funds for Political Reasons, Say Finance Minister

EU Withholding Hungary Recovery Funds for Political Reasons, Say Finance Minister

The European Union’s decision to withhold Poland and Hungary’s coronavirus recovery funding “clearly is politically motivated”, Hungarian Finance Minister Mihály Varga said on the sidelines of a meeting of EU finance ministers (Ecofin) in Brussels on Tuesday.
Hungarian Child Protection Law ’Struck Nerve’, Says Justice Minister

Hungarian Child Protection Law ’Struck Nerve’, Says Justice Minister

The European Commission and European Parliament want LGBTQ activists and organisations to be let into kindergartens and schools, the justice minister has said.
2022 Budget 'Pinpoints Re-Launching Economy', Opposition Parties React

2022 Budget 'Pinpoints Re-Launching Economy', Opposition Parties React

The 2022 budget is devoted to re-launching Hungary’s economy, Mihály Varga, the finance minister, said during a presentation of the draft budget to lawmakers.
'Mercenaries' In Hungarian Steelmaking Town Pose 'National Security Risk', Claims Jobbik MP

'Mercenaries' In Hungarian Steelmaking Town Pose 'National Security Risk', Claims Jobbik MP

An opposition Jobbik lawmaker who heads parliament’s national security committee, referring to reports of “mercenaries” intimidating locals in the town of steelmaking town of Dunaújváros, in southern Hungary, has said their actions carried both national security and economic risks worthy of investigation.
HUF 10 Million Interest-Free Loan To Help Most Vulnerable Businesses In Hungary

HUF 10 Million Interest-Free Loan To Help Most Vulnerable Businesses In Hungary

The government’s action plan for reopening the economy includes 10 million forint (EUR 28,000), interest-free loans offered to SMEs in the most vulnerable sectors, with repayments deferred by three years in order to allow time for the sector to recover, Finance Minister Mihály Varga said.
New Electricity Price Cap Impacts 5,000 Companies in Hungary

New Electricity Price Cap Impacts 5,000 Companies in Hungary

The government has adopted an economy protection action plan introducing a price cap on electricity in certain economic sectors, the head of the Prime Minister's Office announced.
Foreign Investments in Hungary are Highest in Over 20 Years, Despite High Inflation & Gas Prices

Foreign Investments in Hungary are Highest in Over 20 Years, Despite High Inflation & Gas Prices

Even though European gas reserves have been replenished, the price of gas is three times pre-war levels, he said, adding that this had stoked inflation, with Hungary spending 4,000 billion forints (EUR 10.5bn) more on energy in 2022 than in the previous year, Prime Minister Viktor Orbán said in an address to MPS.
Orbán Calls on EU to Drop Sanctions

Orbán Calls on EU to Drop Sanctions

The Russia-Ukraine war is no longer a local conflict, Viktor Orbán told a meeting of the ruling Fidesz and Christian Democratic parties. European Union sanctions against Russia have turned it into a global economic war, he said.
Hungary to Designate Service Providers for Petrol Stations Threatened by Closure

Hungary to Designate Service Providers for Petrol Stations Threatened by Closure

The state is ready to intervene and exercise its right to designate new operators for petrol stations that face closure in areas where, as a result, fuel would become unavailable within a 5 km radius of a settlement, the prime minister’s chief of staff told a regular press briefing on Wednesday.
EU Withholding Hungary Recovery Funds for Political Reasons, Say Finance Minister

EU Withholding Hungary Recovery Funds for Political Reasons, Say Finance Minister

The European Union’s decision to withhold Poland and Hungary’s coronavirus recovery funding “clearly is politically motivated”, Hungarian Finance Minister Mihály Varga said on the sidelines of a meeting of EU finance ministers (Ecofin) in Brussels on Tuesday.
Hungarian Child Protection Law ’Struck Nerve’, Says Justice Minister

Hungarian Child Protection Law ’Struck Nerve’, Says Justice Minister

The European Commission and European Parliament want LGBTQ activists and organisations to be let into kindergartens and schools, the justice minister has said.
2022 Budget 'Pinpoints Re-Launching Economy', Opposition Parties React

2022 Budget 'Pinpoints Re-Launching Economy', Opposition Parties React

The 2022 budget is devoted to re-launching Hungary’s economy, Mihály Varga, the finance minister, said during a presentation of the draft budget to lawmakers.
'Mercenaries' In Hungarian Steelmaking Town Pose 'National Security Risk', Claims Jobbik MP

'Mercenaries' In Hungarian Steelmaking Town Pose 'National Security Risk', Claims Jobbik MP

An opposition Jobbik lawmaker who heads parliament’s national security committee, referring to reports of “mercenaries” intimidating locals in the town of steelmaking town of Dunaújváros, in southern Hungary, has said their actions carried both national security and economic risks worthy of investigation.
HUF 10 Million Interest-Free Loan To Help Most Vulnerable Businesses In Hungary

HUF 10 Million Interest-Free Loan To Help Most Vulnerable Businesses In Hungary

The government’s action plan for reopening the economy includes 10 million forint (EUR 28,000), interest-free loans offered to SMEs in the most vulnerable sectors, with repayments deferred by three years in order to allow time for the sector to recover, Finance Minister Mihály Varga said.