• 19 Dec 2025

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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.
Collateralised Loan Rate Raised by Hungary’s Central Bank

Collateralised Loan Rate Raised by Hungary’s Central Bank

Hungary’s central bank raised the rate for overnight collateralised loans by 950 basis points to 25% effective Friday, the monetary council said in a statement.
Watch: PACE Place Hungary Under 'Full Monitoring Procedure'

Watch: PACE Place Hungary Under 'Full Monitoring Procedure'

The Parliamentary Assembly of the Council of Europe (PACE) on Wednesday voted to place Hungary under a full monitoring procedure, citing long-standing rule-of-law issues.
Wage Hike for Teachers in Hungary Linked by Gov't to Withheld EU Funding

Wage Hike for Teachers in Hungary Linked by Gov't to Withheld EU Funding

An "unprecedented" wage hike awaits teachers if the government reaches agreement with the European Commission on EU funding currently withheld due to the rule-of-law conditionality mechanism, the prime minister's chief of staff has said.
Trade Unions Ask Orbán for Help in Cost-Of-Living Crisis

Trade Unions Ask Orbán for Help in Cost-Of-Living Crisis

Trade union alliances MASZSZ and SZEF have asked Prime Minister Viktor Orbán in an open letter for help to combat the cost-of-living crisis, they said in a statement.
Updated: 35 Post Offices to Close in Budapest

Updated: 35 Post Offices to Close in Budapest

Magyar Posta has announced the closure of 35 less frequented Budapest post offices in order to save energy costs. Their last day of operation was Friday, October 7.
Demo Held at Budapest Parliament in Solidarity With Teachers

Demo Held at Budapest Parliament in Solidarity With Teachers

Supporters of the Tanítanék (I want to teach) and noÁr movements held a demonstration and concert in front of Parliament on Wednesday evening to “save education and the future of youth” and to show solidarity with teachers demanding higher pay and strike rights.
Exemptions From New Sanctions Given to Hungary

Exemptions From New Sanctions Given to Hungary

Hungary has achieved an exemption of pipeline deliveries of crude from European Union oil price caps, and ensured nuclear energy was exempt from the latest sanctions imposed on Russia, the foreign minister said.
Gas Reserves in Hungary 3rd Highest in EU Compared to Annual Consumption

Gas Reserves in Hungary 3rd Highest in EU Compared to Annual Consumption

Hungary’s gas storage facilities are 75% full, and given their outsized combined capacity, the country’s gas reserves relative to its annual consumption are well above the European Union average, the minister of technology and industry told a conference on Tuesday.
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.
Collateralised Loan Rate Raised by Hungary’s Central Bank

Collateralised Loan Rate Raised by Hungary’s Central Bank

Hungary’s central bank raised the rate for overnight collateralised loans by 950 basis points to 25% effective Friday, the monetary council said in a statement.
Watch: PACE Place Hungary Under 'Full Monitoring Procedure'

Watch: PACE Place Hungary Under 'Full Monitoring Procedure'

The Parliamentary Assembly of the Council of Europe (PACE) on Wednesday voted to place Hungary under a full monitoring procedure, citing long-standing rule-of-law issues.
Wage Hike for Teachers in Hungary Linked by Gov't to Withheld EU Funding

Wage Hike for Teachers in Hungary Linked by Gov't to Withheld EU Funding

An "unprecedented" wage hike awaits teachers if the government reaches agreement with the European Commission on EU funding currently withheld due to the rule-of-law conditionality mechanism, the prime minister's chief of staff has said.
Trade Unions Ask Orbán for Help in Cost-Of-Living Crisis

Trade Unions Ask Orbán for Help in Cost-Of-Living Crisis

Trade union alliances MASZSZ and SZEF have asked Prime Minister Viktor Orbán in an open letter for help to combat the cost-of-living crisis, they said in a statement.
Updated: 35 Post Offices to Close in Budapest

Updated: 35 Post Offices to Close in Budapest

Magyar Posta has announced the closure of 35 less frequented Budapest post offices in order to save energy costs. Their last day of operation was Friday, October 7.
Demo Held at Budapest Parliament in Solidarity With Teachers

Demo Held at Budapest Parliament in Solidarity With Teachers

Supporters of the Tanítanék (I want to teach) and noÁr movements held a demonstration and concert in front of Parliament on Wednesday evening to “save education and the future of youth” and to show solidarity with teachers demanding higher pay and strike rights.
Exemptions From New Sanctions Given to Hungary

Exemptions From New Sanctions Given to Hungary

Hungary has achieved an exemption of pipeline deliveries of crude from European Union oil price caps, and ensured nuclear energy was exempt from the latest sanctions imposed on Russia, the foreign minister said.
Gas Reserves in Hungary 3rd Highest in EU Compared to Annual Consumption

Gas Reserves in Hungary 3rd Highest in EU Compared to Annual Consumption

Hungary’s gas storage facilities are 75% full, and given their outsized combined capacity, the country’s gas reserves relative to its annual consumption are well above the European Union average, the minister of technology and industry told a conference on Tuesday.