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Orbán to Attend 'Intellectual Summer Festival' Alongside Opposition Politicians

Orbán to Attend 'Intellectual Summer Festival' Alongside Opposition Politicians

The large intellectual meeting of the Carpathian Basin dubbed Tusványos is a “unique workshop for national cohesion and the nation’s will to survive”, the head of parliament’s foreign affairs committee said on Tuesday.
Gov't Helps Hungarian Firms Expand Abroad, Signs 5 New KEPP Cooperation Agreements

Gov't Helps Hungarian Firms Expand Abroad, Signs 5 New KEPP Cooperation Agreements

Hungary’s government will help Hungarian-owned businesses to expand in foreign markets by all means at its disposal, Péter Szijjártó, the minister of foreign affairs and trade, told a foreign trade conference in Budapest.
Watchdog Puts Bank Fees Under Heightened Scrutiny in Hungary

Watchdog Puts Bank Fees Under Heightened Scrutiny in Hungary

The National Bank of Hungary (NBH) said it will make scrutinising changes to lenders’ fees a “priority” as banks pay a windfall tax and the transactions duty is extended.
Hungary's Footballers Suffer 2-1 Defeat in Italy

Hungary's Footballers Suffer 2-1 Defeat in Italy

Two first-half goals were enough to secure Italy a 2-1 victory against Hungary in Cesena on Tuesday evening, but Marco Rossi's visitors battled hard and even had chances to equalise after an own goal got them back into the game with half an hour of the match remaining.
Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

The cabinet has decided to set up a fund for protecting the cap on utility bills and is introducing a tax on extra profits to finance it, Márton Nagy, the minister of economic development, said in an interview to public radio on Sunday.
Petition Drive Against Gov't Plan to Scrap KATA Tax Launched by Opposition Party DK

Petition Drive Against Gov't Plan to Scrap KATA Tax Launched by Opposition Party DK

The Democratic Coalition (DK) will launch a petition drive in protest against plans by the government to scrap the preferential Itemised Tax for Small Businesses (KATA), the opposition party’s parliamentary group spokeswoman said on Sunday.
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.
Human-Rights Lawyer Nominated as New US Ambassador to Hungary

Human-Rights Lawyer Nominated as New US Ambassador to Hungary

A new American ambassador is coming to Hungary a year and a half after former Ambassador David Cornstein left Budapest, reports Magyar Nemzet. The White House released a statement on Friday indicating that U.S. President Joe Biden had nominated David Pressman for the position.
Orbán to Attend 'Intellectual Summer Festival' Alongside Opposition Politicians

Orbán to Attend 'Intellectual Summer Festival' Alongside Opposition Politicians

The large intellectual meeting of the Carpathian Basin dubbed Tusványos is a “unique workshop for national cohesion and the nation’s will to survive”, the head of parliament’s foreign affairs committee said on Tuesday.
Gov't Helps Hungarian Firms Expand Abroad, Signs 5 New KEPP Cooperation Agreements

Gov't Helps Hungarian Firms Expand Abroad, Signs 5 New KEPP Cooperation Agreements

Hungary’s government will help Hungarian-owned businesses to expand in foreign markets by all means at its disposal, Péter Szijjártó, the minister of foreign affairs and trade, told a foreign trade conference in Budapest.
Watchdog Puts Bank Fees Under Heightened Scrutiny in Hungary

Watchdog Puts Bank Fees Under Heightened Scrutiny in Hungary

The National Bank of Hungary (NBH) said it will make scrutinising changes to lenders’ fees a “priority” as banks pay a windfall tax and the transactions duty is extended.
Hungary's Footballers Suffer 2-1 Defeat in Italy

Hungary's Footballers Suffer 2-1 Defeat in Italy

Two first-half goals were enough to secure Italy a 2-1 victory against Hungary in Cesena on Tuesday evening, but Marco Rossi's visitors battled hard and even had chances to equalise after an own goal got them back into the game with half an hour of the match remaining.
Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

The cabinet has decided to set up a fund for protecting the cap on utility bills and is introducing a tax on extra profits to finance it, Márton Nagy, the minister of economic development, said in an interview to public radio on Sunday.
Petition Drive Against Gov't Plan to Scrap KATA Tax Launched by Opposition Party DK

Petition Drive Against Gov't Plan to Scrap KATA Tax Launched by Opposition Party DK

The Democratic Coalition (DK) will launch a petition drive in protest against plans by the government to scrap the preferential Itemised Tax for Small Businesses (KATA), the opposition party’s parliamentary group spokeswoman said on Sunday.
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.
Human-Rights Lawyer Nominated as New US Ambassador to Hungary

Human-Rights Lawyer Nominated as New US Ambassador to Hungary

A new American ambassador is coming to Hungary a year and a half after former Ambassador David Cornstein left Budapest, reports Magyar Nemzet. The White House released a statement on Friday indicating that U.S. President Joe Biden had nominated David Pressman for the position.