Leading Hungarian Pharmaceutical Company to Pay Billions in Windfall Tax According to the government decree on extra profit taxes, Richter Gedeon Nyrt. is expected to pay a windfall tax on... 2022.12.28.
Bloomberg and Reuters Corrected by EU Official on Misleading Report about Hungary The European Commission has recently made a new statement on the threatened freezing of EU funds for Hungary. Reuters and... 2022.12.27.
Prospects for Hungary’s Economy Stable Hungary's economy is expected to maintain its position in the top third of the World Economic League Table over the next... 2022.12.27.
Central Bank Foresees Significant Inflation Decline Inflation will fall sharply from the second half of next year, and a "rapid rebound" of slowing economic growth is... 2022.12.23.
Hungary Signs Agreement on EU Funds By the end of the year, Hungary has signed all agreements with the European Commission that allow access to EU... 2022.12.23.
Russian Fuel Shipment Arrives at Hungarian Nuclear Power Plant The Paks nuclear power plant will have enough nuclear fuel for safe operation for many more months after another shipment... 2022.12.23.
Suzuki to Increase Wages Next Year The Hungarian subsidiary of Japanese automobile company Suzuki (Magyar Suzuki Zrt.) will raise wages by an average of 20 percent... 2022.12.22.
Hungarian Companies Persevere despite Energy Crisis Although Hungarian companies are feeling the effects of the energy crisis, they are trying to cope with the situation and... 2022.12.22.
Fuel Prices Fall Just in Time for Christmas The average price of petrol and diesel in Hungary will fall just in time for Christmas. However, since the abolition... 2022.12.22.
Single-digit Inflation Towards the End of 2023 Global inflation has started to decline, inflation is past its peak and consumer price growth in Hungary could return to... 2022.12.21.
Investment Breaks Record in Hungary This Year The investment record in Hungary has been broken again this year, with some 2,600 billion forints (6.3 billion euros) invested,... 2022.12.21.
Hospital Renovations to Continue without EU Funding The renovation and development of Hungarian hospitals will continue even if the country does not receive EU reconstruction funds, the... 2022.12.21.
Hungary Votes against Gas Price Cap The Council of the European Union has voted in favor of the gas cap; Hungary voted against it. EU energy... 2022.12.20.
Hungarian Pharmaceutical Success in the United States Good news for the Hungarian pharmaceutical company Richter and all its shareholders: the U.S. Food and Drug Administration (FDA) has... 2022.12.19.
Hungary to Import Green Electricity from Azerbaijan Nicolae Ciuca, Viktor Orbán, Ilham Aliyev, Klaus Iohannis, Ursula von der Leyen and Irakli Garibashvili in Bucharest. A quadrilateral agreement... 2022.12.19.
Prime Minister’s Aide Optimistic about EU Funds The agreements reached regarding EU funds are consistent with Hungarian interests, according to the prime minister's political director. Hungary will... 2022.12.16.
“It is not a global, but a European economic crisis,” Says Economy Minister There is no way to get out of this crisis in the short term, Márton Nagy, Minister for Economic Development... 2022.12.16.
New Ammunition Plant Opens West of the Capital Hungary is building a brave, innovative and high-tech army, the Minister of Defense said on Thursday at the groundbreaking ceremony... 2022.12.16.
Investment Record to Be Broken Again This Year As has been the case every year since 2014, Hungary is again expecting a large amount of foreign investment this... 2022.12.16.
Hungary to Acquire Gas from Qatar A political agreement has been reached to start inter-company negotiations on the future purchase of natural gas from Qatar between... 2022.12.15.
Food Price Freeze to Remain until Spring Although the government was forced to remove the price cap on fuel, the situation is different for food. On Wednesday,... 2022.12.15.
