Socialists call for parliament probe into state purchases of Microsoft software

The opposition Socialist Party has called on parliament to set up an investigative committee to examine...

Justice minister Varga calls for regulating tech giants’ excessive power

Finding ways to regulate the excessive power of multinational technology companies will be one of the...

Official: Government’s tax cuts are working

The Hungarian government's tax cuts are working, finance ministry state secretary András Tallai told...

Measures to protect economic growth come into force, says Hungarian finance minister

Two measures of the economic action plan announced in May have come into force on Wednesday, Finance...

Saudi tax authority values Hungary’s “wonder weapons” against the black market

A Saudi Arabian delegation of high-ranking tax officials concluded a visit to Hungary on Wednesday where...

Hungary’s 2020 budget to bring EUR 245.5m tax reductions

Next year's budget, which the parliament accepted on Friday, will bring a total of 80 billion forints...

Hungarian central bank: Deficit target realistic if reserves not depleted

The deficit target of 1 percent of GDP contained in next year's budget can be achieved if fiscal...

Hungarian Audit Office sees room for gradual personal income tax rate cut

The head of Hungary's State Audit Office (ÁSZ) sees room for a gradual reduction in the 15 percent...

EU recommendations for Hungary based on ‘double standard’, says economy minister

Economy Minister Mihály Varga said that the European Union's country-specific recommendations for...

HungaryTrends – The week in business and finance – 27th week

See below main business and financial news from the previous week: Hungary signs...