economy

31/07/2022

Foreign press compares Hungary’s economy to that of bankrupt Sri Lanka

Experts agree that Hungary would face a huge financial disruption if European Union money did not arrive. #DailyNewsHungary #Hungary #money #Hungarianeconomy
29/07/2022

Energy crisis: will Hungarian schools be heated with wood?

The Ministry is instructing schools to immediately assess the feasibility of switching from gas to wood-burning by purchasing stoves. #hungary #dailynewshungary #school #energy #gas
29/07/2022

Orbán: Households to still pay capped energy bills

All #Hungarian families will continue to pay capped prices for #electricity and #gas up to average consumption, PM #Orbán said. #dailynewshungary #energy
29/07/2022

PM Orbán: Hungary food supplies safe

The government has set up a working group to work on aid for farmers: its decisions will be announced in the next week or so. #hungary #dailynewshungary #orbán #food
28/07/2022

Hungarian govt official: Gas reserves at 29 percent of annual consumption

Hungary's gas reserves amount to 29% of annual consumption at a time when their importance is growing amid fragile European gas supplies. #hungary #dailynewshungary #gas #europe
28/07/2022

Orbán against gas embargo

Orbán recommends that the EU "shouldn't run into the wall" that is an embargo on gas imports. #hungary #dailynewshungary #orbán #vienna #gas
28/07/2022

A pro-Russian who gives advice to the Hungarian government for billions

Who is this German businessman who has such good relations with both Russia and Hungary? Read our article to find out. #hungary #dailynewshungary #russia #germany #government
28/07/2022

Jobless rate falls to 3.3 pc in June in Hungary

Hungary’s jobless rate reached 3.3 percent in June, falling from 3.5 percent in the previous month and from 4.0 percent twelve months earlier, data released by […]
26/07/2022

Hungary were the only country to indicate that we would vote against EU gas-saving decree, says minister

"We were the only country to indicate that we would vote against EU gas-saving decree"
26/07/2022

Shocking: thousands of billions of forints loss in public assets

In the last three years, public asset management has shown a total loss of more than a thousand billion forints. #hungary #dailynewshungary #government #publicassets #money
25/07/2022

What’s the truth? Energy in Hungary is far from being the cheapest

Some countries have protected their utility bills less from the world market, yet energy is cheaper than the Hungarian government claims. #hungary #dailynewshungary #energy
25/07/2022

Fixed prices at Wizz Air after huge price increases

15 July saw a brutal increase in Wizz Air fares. After more than a week, there has not been a change in ticket prices, which means that the high prices are here to stay. #hungary #dailynewshungary #wizzair #airline
25/07/2022

Hungarian economy: the wage growth and inflation in double digits – UPDATE

The average gross wage in Hungary climbed 14.9 percent year-on-year to...
21/07/2022

Hungarian FM: global minimum tax would be ‘coup de grace’ for EU economy

Introducing a global minimum tax for corporations would put the Hungarian economy to trial, Szijjártó said in Washington D.C. #hungary #dailynewshungary #foreignministry #globalminimumtax #usa
21/07/2022

Inflation in Hungary is 8th highest in EU

While inflation is on the rise across the whole European Union, Hungary is also experiencing a marked deterioration in its currency. #hungary #dailynewshungary #inflation #money #eu
20/07/2022

Hungarian opposition slams govt for ‘austerity’, ‘threatening livelihoods

Opposition parties slammed the government's decision to restrict the utility price protection scheme and change the itemised tax for small businesses (kata). #hungary #dailynewshungary #kata #opposition #utilitybills
20/07/2022

Hungarian company Delta Systems cleared as NATO supplier

Delta Systems, owned by Hungarian listed IT company Delta Technologies, has been approved by the defence ministry as a NATO supplier. #hungary #dailynewshungary #nato #supply
20/07/2022

Fidesz: EU ‘big loser’ due to war in Ukraine

All signs suggest that the European Union is "an extremely big loser" as a result of the war in Ukraine, Zsolt Németh said. #hungary #dailynewshungary #war #ukraine #russia #eu
20/07/2022

Hungarian govt welcomes approval of ‘budget of utility bill cuts, defence’

The finance ministry on Tuesday welcomed parliament's approval of the 2023 "budget of utility bill cuts and defence". #hungary #dailynewshungary #budget #utilitybills #defence
19/07/2022

Those who refuel in this way in Hungary may receive serious punishment

Depending on the situation and the amount, the charges can range from HUF 10,000 (25,12 EUR) to millions. #hungary #dailynewshungary #fuel #gasoline #diesel #petrol #fine