Severe Problems with Europe’s LNG Processing Capacity As Europe grapples with a severe energy crisis, yet another complication is exacerbating the situation on the continent: dozens of... 2022.10.26.
Hungarian Baths May Avoid Total Closure, but Tough Winter is Coming Bathhouses are taking a number of measures to cut costs over the winter period as a result of higher energy... 2022.10.24.
Hungarian Government Takes New Measures to Fight ‘Sanctions Inflation’ The Hungarian government intends to take action against sanction-caused inflation in coordination with the central bank. It has therefore decided... 2022.10.24.
Hungarian Prime Minister’s Office Hits ‘Save’ Mode The Prime Minister's Office and other the government institutions are no longer just saving on heating and energy, employees at... 2022.10.19.
Hungarians Working in Catering Returning Home from Abroad An increasing number of Hungarians who have previously worked abroad are applying for restaurant jobs in Hungary, and planning to... 2022.10.19.
Analysts: Inflation Still Far from Peak in Hungary Consumer prices rose 15.6% in August, breaking another 24-year record in Hungary. Food prices were the most affected by the... 2022.09.09.
Financial Times: Hungary Has Cheapest Gas Prices The Financial Times recently published a lengthy article analyzing energy prices in Europe, concluding that the average price of electricity... 2022.09.08.
Intrum: After Upward Trend, Solvency of Hungarian Population Has Declined The value of the Intrum solvency index declined significantly in the second quarter of this year, with the indicator of... 2022.07.26.
‘Tusványos’ – Slowdown of Economy, Agricultural Self-Sufficiency, and Minority Rights Analyzed by Speakers of Free University Lectures on the expected economic recession, the importance of agricultural self-sufficiency, and minority rights were held at the 31st Bálványos... 2022.07.22.
The Government Is Revising its Rules for Utility Bill Caps The war in Ukraine and the economic crisis impacting Europe have forced the government to reevaluate the rules governing how... 2022.07.18.
Government Declares State of Energy Emergency Hungary's government has declared a state of energy emergency and has approved seven measures that will include limiting the price... 2022.07.14.
Foreign Secretary Szijjártó: Higher Energy Prices, Dwindling Supply, Produce Vicious Cycle The fallout of the war in Ukraine and related sanctions have resulted in a vicious cycle of skyrocketing energy prices... 2022.06.28.
Press Roundup: PM Imposes Windfall Tax on ‘Extra Profits’ A left-wing columnist believes the new exceptional powers under which the new taxes will be levied are motivated by an... 2022.05.27.
Energy Authority: Hungary Household Energy Bills Still Lowest in Broad European Comparison Hungarian household energy bills in April were the lowest in a broad comparison of European cities, according to the Hungarian... 2022.05.11.
Hungarian Gov’t Refutes Press Report Suggesting Hungary Withdrew Veto on Oil Embargo Against Russia As reported by the German portal ZDF, three EU countries are said to have withdrawn their veto against the sixth... 2022.05.02.
Press Roundup: Inflation Higher, Growth Rate Lower than Expected Economists across the political spectrum investigate the causes and possible remedies of soaring inflation. Hungarian press roundup by budapost.eu Background information:... 2022.05.02.
PMO Head: Europe Must Not Penalize Itself Because of Russia-Ukraine War It is unfair for the state to owe pensioners, Gergely Gulyás, the prime minister's chief of staff, said on Sunday... 2022.05.02.
Press Roundup: Government Extends Price Caps Pro-government analysts welcome the government’s decision to keep prices down as a pragmatic social policy at a time of rapid... 2022.04.30.
Extension of Food and Fuel Price Caps Also Has a Price As we have previously reported, Prime Minister Viktor Orbán announced the extension of the food and fuel price cap on... 2022.04.28.
Hungary Pays Six Times More for Russian Gas Than Country’s Residential Consumers Hungary purchased Russian gas at around six times what resindential consumers paid Hungarian state energy company MVM in February, according... 2022.04.26.
Electric Giant Tungsram in Danger, Wants Help from State Due to the coronavirus pandemic's effects, the explosion of energy prices and the Russian-Ukrainian war, iconic Hungarian electric giant Tungsram... 2022.04.14.
