51 result(s) for low utility rate
Hungary’s PM Orbán: ‘Economic Breakthrough’
- 21 Feb 2017 6:12 AM
- current affairs
Prime Minister Viktor Orbán noted in his opening address to parliament that the unemployment rate was at a record low of 4.4% in the fourth quarter last year, arguing that “full employment is just an arm’s reach away”. Putting Hungary’s economic indicators into historical perspective, Orbán argued that Hungary was on the verge of an economic breakthrough.
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Opinion: PM Orbán Announces Pension Hikes
- 3 Dec 2016 7:00 AM
- current affairs
A pro-government columnist welcomes the Prime Minister’s decision to increase pensions. A left-wing commentator, on the other hand, accuses the government of vote hunting.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
Hungary Has Second Lowest Gas Prices In EU
- 2 Jul 2015 12:35 PM
- shopping
Thanks to government mandated cuts to utility fees, Hungary has the second lowest price of natural gas in the European Union based on purchasing power parity (PPP), Fidesz MP Szilárd Németh told a press conference in Budapest. Whereas in 2010 Hungary was the country where consumers had to pay the most for gas in the EU, now only Romania has lower gas prices, based on PPP exchange rates.
Hungary’s Socialist Party Demands Household Utility Price Cuts
- 20 Jan 2015 8:00 AM
- current affairs
The opposition Socialist Party has demanded that the retail price of gas should be cut by 20%, while the prices of electricity and district heating should be reduced by 10% in the wake of shrinking global prices.
Lower Prices In Hungary In 2014
- 15 Jan 2015 8:00 AM
- shopping
Inflation rate in the year 2014 was -0.2 percent – in line with the preliminary estimate of the Ministry for National Economy -- as consumer prices were also down in December. Besides families, pensioners are the main beneficiaries of low inflation, as the purchasing power of both wages and pensions increased.
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
168 Óra: A New Hungarian Left-Wing Is Needed
- 24 Oct 2014 9:00 AM
- current affairs
Hungarian liberal weekly news magazine 168 óra asked eight members of Hungary’s liberal establishment their reaction to the Fidesz-KDNP landslide victory in Sunday’s local and county elections. Their responses appear in the article “Új Baldoldal Kell!” (A new left-wing is needed!) appearing in the 16 October 2014 edition (pp. 12-15). Our unabridged translation of the article follows:
Hungary’s PM Orbán: ‘Economic Breakthrough’
- 21 Feb 2017 6:12 AM
- current affairs
Prime Minister Viktor Orbán noted in his opening address to parliament that the unemployment rate was at a record low of 4.4% in the fourth quarter last year, arguing that “full employment is just an arm’s reach away”. Putting Hungary’s economic indicators into historical perspective, Orbán argued that Hungary was on the verge of an economic breakthrough.
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Opinion: PM Orbán Announces Pension Hikes
- 3 Dec 2016 7:00 AM
- current affairs
A pro-government columnist welcomes the Prime Minister’s decision to increase pensions. A left-wing commentator, on the other hand, accuses the government of vote hunting.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
Hungary Has Second Lowest Gas Prices In EU
- 2 Jul 2015 12:35 PM
- shopping
Thanks to government mandated cuts to utility fees, Hungary has the second lowest price of natural gas in the European Union based on purchasing power parity (PPP), Fidesz MP Szilárd Németh told a press conference in Budapest. Whereas in 2010 Hungary was the country where consumers had to pay the most for gas in the EU, now only Romania has lower gas prices, based on PPP exchange rates.
Hungary’s Socialist Party Demands Household Utility Price Cuts
- 20 Jan 2015 8:00 AM
- current affairs
The opposition Socialist Party has demanded that the retail price of gas should be cut by 20%, while the prices of electricity and district heating should be reduced by 10% in the wake of shrinking global prices.
Lower Prices In Hungary In 2014
- 15 Jan 2015 8:00 AM
- shopping
Inflation rate in the year 2014 was -0.2 percent – in line with the preliminary estimate of the Ministry for National Economy -- as consumer prices were also down in December. Besides families, pensioners are the main beneficiaries of low inflation, as the purchasing power of both wages and pensions increased.
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
168 Óra: A New Hungarian Left-Wing Is Needed
- 24 Oct 2014 9:00 AM
- current affairs
Hungarian liberal weekly news magazine 168 óra asked eight members of Hungary’s liberal establishment their reaction to the Fidesz-KDNP landslide victory in Sunday’s local and county elections. Their responses appear in the article “Új Baldoldal Kell!” (A new left-wing is needed!) appearing in the 16 October 2014 edition (pp. 12-15). Our unabridged translation of the article follows:














