• 25 Dec 2024

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11 result(s) for utility cap in Finance

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
FinMin: Hungary 'Not Looking to Introduce Austerity Measures'

FinMin: Hungary 'Not Looking to Introduce Austerity Measures'

The government is setting up a working group to review public spending at the request of the European Union, and not because it is looking to introduce austerity measures as reported by left-wing media, the finance ministry said.
'Too Little': Opposition in Hungary Slams Draft 2024 Budget

'Too Little': Opposition in Hungary Slams Draft 2024 Budget

The opposition Democratic Coalition (DK) on Tuesday slammed the draft budget for 2024 as “without thought … the budget of idleness”, during the bill’s debate in parliament.
New Tax Laws Submitted to Parliament in Hungary

New Tax Laws Submitted to Parliament in Hungary

The government on Tuesday submitted its draft laws on taxes for next year to parliament, with the national assembly expected to vote on the proposals before its summer recess, the finance ministry said in a statement.
Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Hungary’s economy is projected to avoid a recession in 2023, and return to steep growth next year, despite the protracted war in Ukraine and the European Union’s sanctions on Russia, the finance ministry said.
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.
Opposition DK Slams Gov't for High Inflation in Hungary

Opposition DK Slams Gov't for High Inflation in Hungary

“Prime Minister Orbán’s inflation is causing the people increasing suffering,” the shadow finance minister of the opposition Democratic Coalition (DK) told a press conference.
Opposition Slams Hungary’s 2023 Budget

Opposition Slams Hungary’s 2023 Budget

Hungary's parliament passed into law the government's budget for 2023 in a final vote on Tuesday, with 135 votes in favour and 54 votes against. 
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.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
FinMin: Hungary 'Not Looking to Introduce Austerity Measures'

FinMin: Hungary 'Not Looking to Introduce Austerity Measures'

The government is setting up a working group to review public spending at the request of the European Union, and not because it is looking to introduce austerity measures as reported by left-wing media, the finance ministry said.
'Too Little': Opposition in Hungary Slams Draft 2024 Budget

'Too Little': Opposition in Hungary Slams Draft 2024 Budget

The opposition Democratic Coalition (DK) on Tuesday slammed the draft budget for 2024 as “without thought … the budget of idleness”, during the bill’s debate in parliament.
New Tax Laws Submitted to Parliament in Hungary

New Tax Laws Submitted to Parliament in Hungary

The government on Tuesday submitted its draft laws on taxes for next year to parliament, with the national assembly expected to vote on the proposals before its summer recess, the finance ministry said in a statement.
Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Hungary’s economy is projected to avoid a recession in 2023, and return to steep growth next year, despite the protracted war in Ukraine and the European Union’s sanctions on Russia, the finance ministry said.
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.
Opposition DK Slams Gov't for High Inflation in Hungary

Opposition DK Slams Gov't for High Inflation in Hungary

“Prime Minister Orbán’s inflation is causing the people increasing suffering,” the shadow finance minister of the opposition Democratic Coalition (DK) told a press conference.
Opposition Slams Hungary’s 2023 Budget

Opposition Slams Hungary’s 2023 Budget

Hungary's parliament passed into law the government's budget for 2023 in a final vote on Tuesday, with 135 votes in favour and 54 votes against. 
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.