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.
Despite Approaching Deadline, Gov’t Has Yet to Decide on Fate of Price Caps The Orbán government believes that the several price caps introduced in Hungary have proven to be effective and had a... 2022.04.21.
Taxi Fares to Become a Lot More Expensive in Budapest from May Taxi fares in the Hungarian capital are about to drastically increase: from 9 May, the basic fare will rise from... 2022.04.14.
Utility Bill Cuts May Cost State Budget HUF 1,300 billion in 2022 Utility bill cuts may cost HUF 1,300 billion (EUR 3.4 billion) for the Hungarian state, which comes to HUF 320,000... 2022.04.11.
Hungary March Annual Inflation 8.5 % Consumer prices in Hungary grew by an annual 8.5 percent in March, the worst inflation figures in Hungary in 15... 2022.04.08.
Russian Plane Transporting Nuclear Material to Hungary Lands in Pápa At around 10 a.m. on Wednesday, a Russian plane landed in Pápa at the Hungarian Defense Forces airfield, government-critical portal... 2022.04.07.
Retail Sales Up 9.8% in February Retail sales in Hungary rose by an annual 9.8 percent in February, the fastest rate in almost a year, the... 2022.04.06.
MOL CEO: “As Long as Gasoline Price Cap Is in Place, There Will Be Tensions in Supply” "We are at home in this region, this is a responsibility, and shareholders must also take note of this," said... 2022.04.01.
Smaller Gas Station Owners Protest at Hungary’s Oil Company MOL On March 24, the Independent Petrol Stations Association (FBSZ) held a demonstration in front of the central building of the... 2022.03.25.
Fidesz: Opposition Danger to Hungarian Livelihoods Hungary's opposition alliance is jeopardising the security of the Hungarian public by making "irresponsible remarks" in connection with the war... 2022.03.24.
More and More Petrol Stations Forced to Close, Risking Takeover Under the Hungarian government's petrol price cap decree, petrol stations closed for more than 48 hours are put under "temporary... 2022.03.21.
Gas Station Owners Consider Constitutional Complaint against Price Cap Hungary's smaller gas station owners are considering filing a constitutional complaint against the Hungarian state over the HUF 480 fuel... 2022.03.17.
Paramedics Ask to Be Allowed Ahead in Queues at Petrol Stations The Hungarian Association of Ambulance Workers (MOMSZ) in a Facebook post asked motorists help ambulances to refuel first, despite the... 2022.03.11.
Panic Buying and Fuel Tourism: Government Reacts With New Measures On Wednesday and Thursday, numerous Hungarian gas stations ran out of fuel or imposed various quantity restrictions on sales earlier,... 2022.03.11.
Shell Hungary Announces HUF 25,000 Top-Up Limit for Passenger Cars Shell Hungary has announced a gross 25,000 forint (EUR 66) limit on top-ups for passenger cars from Thursday. The limit,... 2022.03.10.
There Are Petrol Stations Where There Is No Petrol As we reported yesterday, there could be problems over the long weekend due to disrupted fuel supply. It seems, however,... 2022.03.10.
Disrupted Fuel Supply Could Cause Problems over Long Weekend As we have previously reported, wholesalers are now more affected by the price cap due to the government having cut... 2022.03.09.
Another Big Rise in Wholesale Petrol and Diesel Prices Question Sustainability of Capped Prices The wholesale prices of petrol and diesel have again risen sharply. Thanks to the capped prices, customers are not affected... 2022.03.09.
Fuel Price Cap: MOL Introduces Quantity Restrictions The demand for fuel from gas stations has risen to record levels, so the Hungarian oil company MOL has introduced... 2022.03.04.
Gov’t Caps Petrol and Diesel Price for Wholesalers The government is capping the wholesale price of petrol and diesel at 480 forints (EUR 1.3) a liter as of... 2022.03.01.
National Bank: Inflation in February Could Be Close to 8.5 percent Hungarian central bank rate-setters raised the base rate by 50 basis points to 3.40 percent at a regular policy meeting... 2022.02.23.
