• 22 Nov 2024

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169 result(s) for energy costs

Orbán: EU Planned Sanctions on Russian Oil May Cause Fuel Shortage

Orbán: EU Planned Sanctions on Russian Oil May Cause Fuel Shortage

The EU’s proposal to phase out Russian oil may create a situation where Hungary runs out of fuel and other oil products important for its industry, Prime Minister Viktor Orbán warned in an interview on Friday.
Hungarian Opinion: Government Extends Price Caps

Hungarian Opinion: Government Extends Price Caps

Pro-government analysts welcome the government’s decision to keep prices down as a pragmatic social policy at a time of rapid inflation. Left-wing and liberal commentators see price caps as political tools with few economic benefits.
Why Restaurants in Hungary May Raise Prices by 15%

Why Restaurants in Hungary May Raise Prices by 15%

Due to rising energy prices, growing wage demands and the significant increase in produce prices, restaurants may have to increase their prices by a further 15%, after raising them by 10-15% in the first quarter, co-president András Gendur of the hotel and restaurant association Mszész told Portfolio.
Ceasefire Needed Before Peacekeeping Can Be Established, Says PM Orbán

Ceasefire Needed Before Peacekeeping Can Be Established, Says PM Orbán

Prime Minister Viktor Orbán said in an interview to public radio that “the problem with the Polish peace mission is there’s no peace”.
Watch: Hungary Determined to Stay Out of War, Says PM’s Press Chief

Watch: Hungary Determined to Stay Out of War, Says PM’s Press Chief

Ukrainian President Volodymyr Zelensky asked Hungary to vote in support of expanding sanctions against Russia to include energy, with a ban on buying Russian gas and crude oil, and to allow weapons deliveries across its territory, Prime Minister Viktor Orbán’s press chief said.
Hungarian Central Bank Points to 'Strong' Influence of War on Economic Activity in Inflation Report

Hungarian Central Bank Points to 'Strong' Influence of War on Economic Activity in Inflation Report

The National Bank of Hungary (NBH) acknowledged the country’s “dynamic” economic growth early in the year, following a record expansion in 2021, but said economic activity in the coming quarters will be “strongly influenced” by the war in Ukraine in its quarterly Inflation Report released on Thursday.
MOL Refuses to Take Over 8 Filling Stations Shut Down Due to Fuel Price Cap in Hungary

MOL Refuses to Take Over 8 Filling Stations Shut Down Due to Fuel Price Cap in Hungary

MOL announced on Monday that it will not take over the operation of eight petrol stations that have shut down operations due to supply shortages and the retail price cap.
Hungary Central Bank Raises Base Rate 50 Basis Points

Hungary Central Bank Raises Base Rate 50 Basis Points

Hungarian central bank rate-setters raised the base rate by 50 basis points to 3.40% at a regular policy meeting on Tuesday.
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.
Orbán: EU Planned Sanctions on Russian Oil May Cause Fuel Shortage

Orbán: EU Planned Sanctions on Russian Oil May Cause Fuel Shortage

The EU’s proposal to phase out Russian oil may create a situation where Hungary runs out of fuel and other oil products important for its industry, Prime Minister Viktor Orbán warned in an interview on Friday.
Hungarian Opinion: Government Extends Price Caps

Hungarian Opinion: Government Extends Price Caps

Pro-government analysts welcome the government’s decision to keep prices down as a pragmatic social policy at a time of rapid inflation. Left-wing and liberal commentators see price caps as political tools with few economic benefits.
Why Restaurants in Hungary May Raise Prices by 15%

Why Restaurants in Hungary May Raise Prices by 15%

Due to rising energy prices, growing wage demands and the significant increase in produce prices, restaurants may have to increase their prices by a further 15%, after raising them by 10-15% in the first quarter, co-president András Gendur of the hotel and restaurant association Mszész told Portfolio.
Ceasefire Needed Before Peacekeeping Can Be Established, Says PM Orbán

Ceasefire Needed Before Peacekeeping Can Be Established, Says PM Orbán

Prime Minister Viktor Orbán said in an interview to public radio that “the problem with the Polish peace mission is there’s no peace”.
Watch: Hungary Determined to Stay Out of War, Says PM’s Press Chief

Watch: Hungary Determined to Stay Out of War, Says PM’s Press Chief

Ukrainian President Volodymyr Zelensky asked Hungary to vote in support of expanding sanctions against Russia to include energy, with a ban on buying Russian gas and crude oil, and to allow weapons deliveries across its territory, Prime Minister Viktor Orbán’s press chief said.
Hungarian Central Bank Points to 'Strong' Influence of War on Economic Activity in Inflation Report

Hungarian Central Bank Points to 'Strong' Influence of War on Economic Activity in Inflation Report

The National Bank of Hungary (NBH) acknowledged the country’s “dynamic” economic growth early in the year, following a record expansion in 2021, but said economic activity in the coming quarters will be “strongly influenced” by the war in Ukraine in its quarterly Inflation Report released on Thursday.
MOL Refuses to Take Over 8 Filling Stations Shut Down Due to Fuel Price Cap in Hungary

MOL Refuses to Take Over 8 Filling Stations Shut Down Due to Fuel Price Cap in Hungary

MOL announced on Monday that it will not take over the operation of eight petrol stations that have shut down operations due to supply shortages and the retail price cap.
Hungary Central Bank Raises Base Rate 50 Basis Points

Hungary Central Bank Raises Base Rate 50 Basis Points

Hungarian central bank rate-setters raised the base rate by 50 basis points to 3.40% at a regular policy meeting on Tuesday.
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.