• 08 May 2025
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Pensions to Rise By 15% in Hungary from January

Pensions to Rise By 15% in Hungary from January

The government will raise pensions by 15% as of Jan. 1, Prime Minister Viktor Orbán said on Tuesday. In a video published on Facebook, Orbán said he had signed a government decree on the pension hike.
Tax Hike on Fuels Proposed by Brussels, Hungary Seeks Exemption

Tax Hike on Fuels Proposed by Brussels, Hungary Seeks Exemption

The European Commission has proposed raising excise tax on fuel, according to business daily Világgazdaság, adding that Hungary is seeking an exemption until end-2023 from the obligation.
’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

Orbán called the concept of the global minimum corporate tax a “job killing tax hike”, and said the government refused to approve its introduction in Hungary.
Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

The European Commission believes the reforms undertaken by Budapest so far to ensure EU money is not misused did not go far enough.
OECD Hikes Hungary GDP Growth Forecast to 6%

OECD Hikes Hungary GDP Growth Forecast to 6%

The OECD raised its forecast for Hungary’s GDP growth this year to 6.0% in its biannual Economic Outlook published.
Opposition DK Will Sue to Obtain Details of Hungary-Russia Gas Contract

Opposition DK Will Sue to Obtain Details of Hungary-Russia Gas Contract

The opposition Democratic Coalition is submitting a request for data in the public interest and will sue to obtain details concerning the price of natural gas under the contract Hungary signed with Russia, party deputy head László Varju said.
Hungary to Spend HUF 1,200 Billion on Teachers' Wage Hikes by 2025

Hungary to Spend HUF 1,200 Billion on Teachers' Wage Hikes by 2025

The government aims to spend a total of 1,200 billion forints (EUR 3bn) on raising teachers’ wages between now and 2025, covering half of the amount from domestic resources and the other half from EU funds, the state secretary in charge of public education said in Eger, in northern Hungary.
Tens of Thousands of Teachers Participate in Ministry Survey in Hungary

Tens of Thousands of Teachers Participate in Ministry Survey in Hungary

Several tens of thousands of teachers have participated in an online survey organised by the interior ministry, and their responses will be used as a guideline for the government when planning future wage hikes for teachers, the ministry said.
Hungarian Opinion: Orbán Promises to Halve Inflation

Hungarian Opinion: Orbán Promises to Halve Inflation

The weeklies were already on the stands when the Prime Minister announced that he had instructed his Finance Minister and asked the President of the National Bank to slash inflation by half next year.
Pensions to Rise By 15% in Hungary from January

Pensions to Rise By 15% in Hungary from January

The government will raise pensions by 15% as of Jan. 1, Prime Minister Viktor Orbán said on Tuesday. In a video published on Facebook, Orbán said he had signed a government decree on the pension hike.
Tax Hike on Fuels Proposed by Brussels, Hungary Seeks Exemption

Tax Hike on Fuels Proposed by Brussels, Hungary Seeks Exemption

The European Commission has proposed raising excise tax on fuel, according to business daily Világgazdaság, adding that Hungary is seeking an exemption until end-2023 from the obligation.
’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

Orbán called the concept of the global minimum corporate tax a “job killing tax hike”, and said the government refused to approve its introduction in Hungary.
Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

The European Commission believes the reforms undertaken by Budapest so far to ensure EU money is not misused did not go far enough.
OECD Hikes Hungary GDP Growth Forecast to 6%

OECD Hikes Hungary GDP Growth Forecast to 6%

The OECD raised its forecast for Hungary’s GDP growth this year to 6.0% in its biannual Economic Outlook published.
Opposition DK Will Sue to Obtain Details of Hungary-Russia Gas Contract

Opposition DK Will Sue to Obtain Details of Hungary-Russia Gas Contract

The opposition Democratic Coalition is submitting a request for data in the public interest and will sue to obtain details concerning the price of natural gas under the contract Hungary signed with Russia, party deputy head László Varju said.
Hungary to Spend HUF 1,200 Billion on Teachers' Wage Hikes by 2025

Hungary to Spend HUF 1,200 Billion on Teachers' Wage Hikes by 2025

The government aims to spend a total of 1,200 billion forints (EUR 3bn) on raising teachers’ wages between now and 2025, covering half of the amount from domestic resources and the other half from EU funds, the state secretary in charge of public education said in Eger, in northern Hungary.
Tens of Thousands of Teachers Participate in Ministry Survey in Hungary

Tens of Thousands of Teachers Participate in Ministry Survey in Hungary

Several tens of thousands of teachers have participated in an online survey organised by the interior ministry, and their responses will be used as a guideline for the government when planning future wage hikes for teachers, the ministry said.
Hungarian Opinion: Orbán Promises to Halve Inflation

Hungarian Opinion: Orbán Promises to Halve Inflation

The weeklies were already on the stands when the Prime Minister announced that he had instructed his Finance Minister and asked the President of the National Bank to slash inflation by half next year.