economy

13/06/2022

Global minimum tax for corporations would harm competitiveness, says Hungarian ruling party

Competitiveness would suffer if the EU adopted a directive on a global minimum tax for large corporations - #Fidesz #Hungary
12/06/2022

Investigation launched against Wizz Air because of fatigued pilots

Airline regulators have launched an investigation due to comments made by Wizz Air CEO József Váradi. #hungary #dailynewshungary #wizzair #airline #investigation
11/06/2022

Hungarian consumer protection launches investigation against Ryanair!

#Ryanair will retroactively charge its passengers due to the excess profit tax imposed by the Hungarian government. Because of this, consumer protection authority is to launch an investigation. #hungary #dailynewshungary #ryanair #excessprofittax #ticket #money
10/06/2022

Orbán: Budget geared towards handling war inflation, economic crisis

The #government has drawn up the 2023 budget with a view to handling both #war inflation and the economic crisis, PM Viktor #Orbán said. #hungary #dailynewshungary
10/06/2022

EU: Hungary could be fined for dual pricing

An #EU commissioner has called on the #Hungarian #government to suspend the fuel's dual pricing which is an indirect discrimination against many people. #hungary #dailynewshungary #dualpricing
10/06/2022

Orbán: Extraordinary situation requires extraordinary measures

According to PM #Orbán, extraordinary situations justify extraordinary measures, such as "indirect discrimination" against cars with foreign licence plates. #hungary #dailynewshungary #fuel #petrol #eu
09/06/2022

Szijjártó: Realities must be taken into consideration when making responses

"An energy shortage would kill our economies, and I believe this must not be our aim," Foreign Minister Péter Szijjártó said. #DailyNewsHungary #Hungary #Hungarianeconomy
09/06/2022

Socialists submit proposal for food subsidy scheme

A similar subsidy had been introduced recently in Romania. #DailyNewsHungary #MEP #Hungary #Socialists
09/06/2022

Budget deficit reaches HUF 2,737 bn at end-May

Hungary's cash flow-based budget deficit, excluding local councils, reached 2,737.0 billion forints (EUR 7.0bn) at the end of May. #DailyNewsHungary #Hungary #money
09/06/2022

Finance minister: Success of FX bond issues shows investors’ trust in economy

"The new resources are being used to preserve the country's stability, for prepayment and to boost reserves...." #DailyNewsHungary #Hungary #Hungarianeconomy
09/06/2022

The nationwide residential property value map is here!

OTP Bank's map shows the average prices of districts, counties and cities in 2021. Read below for further information. #Hungary #Hungarian #Budapest #economy #business #housing #prices
08/06/2022

LMP calls for wage increase to match inflation in public sector

The co-leader of opposition LMP called for wage increase in the public sector to match inflation on Wednesday. #hungary #dailynewshungary #politics #parliament #inflation #lmp #opposition
08/06/2022

Hungary’s annual inflation was 10.7 pc in May

Consumer prices in Hungary rose by an annual 10.7% in May. #hungary #dailynewshungary #inflation #money
08/06/2022

KSH: Hungary trade balance shows EUR 475 m deficit in April – UPDATE

Hungary's trade balance showed half a billion euro deficit in April. #hungary #trade #deficit #money
08/06/2022

KSH: Industrial output slows as automotive sector sputters

The output of Hungary's industrial sector slowed down due to the deceleration in the automotive sector. #hungary #industry #slowdown
07/06/2022

Hungary’s finance minister submitted the government’s draft 2023 budget to parliament – UPDATE

Hungary's finance minister on Tuesday submitted the government's draft 2023 budget to parliament, declaring the bill would...
07/06/2022

Hungarian government urges transporting grain from Ukraine by land

A catastrophic food shortage in many poor countries worldwide cannot be avoided unless...
03/06/2022

This fashion brand is saying goodbye to Hungary!

This famous fashion brand will close all its stores in Hungary by the beginning of June. #hungary #fashion #store #shopping #clothes #financialproblems #money
03/06/2022

Orbán won? EU’s embargo on Russian oil exempts pipeline deliveries

The European Union's sixth package of sanctions on Russia has passed, Foreign Minister Péter Szijjártó noted on Thursday. #Hungary #Hungarian #foreignminister #sanctions #Russia #warinUkraine #energy #oil #gas #dailynewshungary #EU #EuropeanUnion #economy #government
03/06/2022

New flight between Budapest and Istanbul – first plane landed, PHOTOS

A new flight is available between Budapest and Istanbul starting from 2 June. The flight will operate three times a week. #hungary #budapest #airport #turkey #istanbul #flight