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Hungarian Gov’t Ready to Talk to Filling Station Operators

Hungarian Gov’t Ready to Talk to Filling Station Operators

The government insists on maintaining a price cap on fuel, but is ready to negotiate with representatives of small filling stations, Innovation and Technology Ministry state secretary László György said yesterday after meeting delegates of the entrepreneurs’ association VOSZ and filling station network operator Mobil Petrol.
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.
Customers can Snitch on Stores not Complying with Gov’t Price Fixing Policy

Customers can Snitch on Stores not Complying with Gov’t Price Fixing Policy

Shops and markets carrying food products with government-mandated official prices have to display that fact on notices posted at their entrances. According to the decree, a logo and image will have to appear on the notice in addition to text notifying customers of the price-fixing policy.
Central Bank Hikes Base Rate by 50 Bps to 2.9%

Central Bank Hikes Base Rate by 50 Bps to 2.9%

Hungarian central bank (NBH) rate-setters, at a regular policy meeting on Tuesday, hiked the base rate by 50 basis points to 2.9%.
Cucumber Cultivation Helps Lift Up Hungary’s Poorest

Cucumber Cultivation Helps Lift Up Hungary’s Poorest

The Kiútprogram (Way Out Program) supports people living in extreme poverty in the north-eastern part of Hungary. Families start growing cucumbers in their own gardens with the help of micro-loans provided by the programme.
Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild effect on inflation and the current account, and external factors were more at play. In his article in the business daily Világgazdaság, Varga said the jump in energy prices, raw materials and transport costs, as well as the re-pricing amid the post-pandemic economy — services in ...
Those Who Refuse Vaccine Put Peoples Lives at Risk, Says Hungarian PM's Chief of Staff

Those Who Refuse Vaccine Put Peoples Lives at Risk, Says Hungarian PM's Chief of Staff

People who refused to be vaccinated put the health and lives of others at risk, Gergely Gulyás, the prime minister’s chief of staff, said, adding that the government had been forced to make mask-wearing compulsory for this reason.
EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

The European Bank for Reconstruction and Development (EBRD) raised its forecast for Hungary’s GDP growth this year to 7.7% in a biannual report published on Thursday.
PM Orbán Delivers Keynote Speech Marking 1956 , Says Choices Show ‘Who We Really Are’

PM Orbán Delivers Keynote Speech Marking 1956 , Says Choices Show ‘Who We Really Are’

Prime Minister Viktor Orbán, in his speech marking the 65th anniversary of Hungary's 1956 revolution in Budapest on Saturday, said: "We're counting on all Hungarians for whom Hungary's future matters."
Hungarian Gov’t Ready to Talk to Filling Station Operators

Hungarian Gov’t Ready to Talk to Filling Station Operators

The government insists on maintaining a price cap on fuel, but is ready to negotiate with representatives of small filling stations, Innovation and Technology Ministry state secretary László György said yesterday after meeting delegates of the entrepreneurs’ association VOSZ and filling station network operator Mobil Petrol.
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.
Customers can Snitch on Stores not Complying with Gov’t Price Fixing Policy

Customers can Snitch on Stores not Complying with Gov’t Price Fixing Policy

Shops and markets carrying food products with government-mandated official prices have to display that fact on notices posted at their entrances. According to the decree, a logo and image will have to appear on the notice in addition to text notifying customers of the price-fixing policy.
Central Bank Hikes Base Rate by 50 Bps to 2.9%

Central Bank Hikes Base Rate by 50 Bps to 2.9%

Hungarian central bank (NBH) rate-setters, at a regular policy meeting on Tuesday, hiked the base rate by 50 basis points to 2.9%.
Cucumber Cultivation Helps Lift Up Hungary’s Poorest

Cucumber Cultivation Helps Lift Up Hungary’s Poorest

The Kiútprogram (Way Out Program) supports people living in extreme poverty in the north-eastern part of Hungary. Families start growing cucumbers in their own gardens with the help of micro-loans provided by the programme.
Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild effect on inflation and the current account, and external factors were more at play. In his article in the business daily Világgazdaság, Varga said the jump in energy prices, raw materials and transport costs, as well as the re-pricing amid the post-pandemic economy — services in ...
Those Who Refuse Vaccine Put Peoples Lives at Risk, Says Hungarian PM's Chief of Staff

Those Who Refuse Vaccine Put Peoples Lives at Risk, Says Hungarian PM's Chief of Staff

People who refused to be vaccinated put the health and lives of others at risk, Gergely Gulyás, the prime minister’s chief of staff, said, adding that the government had been forced to make mask-wearing compulsory for this reason.
EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

The European Bank for Reconstruction and Development (EBRD) raised its forecast for Hungary’s GDP growth this year to 7.7% in a biannual report published on Thursday.
PM Orbán Delivers Keynote Speech Marking 1956 , Says Choices Show ‘Who We Really Are’

PM Orbán Delivers Keynote Speech Marking 1956 , Says Choices Show ‘Who We Really Are’

Prime Minister Viktor Orbán, in his speech marking the 65th anniversary of Hungary's 1956 revolution in Budapest on Saturday, said: "We're counting on all Hungarians for whom Hungary's future matters."