Economy Minister Shares His Thoughts on Future Adoption of the Euro Minister of Economic Development Márton Nagy gave an interview to Index, in which he spoke about inflation, the economic challenges... 2023.03.01.
Windfall Taxes to be Introduced across the European Union On Wednesday, European Commission President Ursula von der Leyen delivered her State of the Union speech in the European Parliament,... 2022.09.14.
Ryanair to Reduce Number of Flights in Hungary The news comes as disappointment for those who scare-mongered about Ryanair closing its services in Budapest: Michael O’Leary, CEO of... 2022.09.13.
Ryanair CEO To Make Extraordinary Announcement in Budapest Ryanair CEO Michael O'Leary will hold a press conference at a hotel in Budapest on Tuesday afternoon, reported Világgazdaság, a... 2022.09.12.
Eight Budapest Routes to be Canceled by Ryanair The low-cost airline Ryanair is to cancel eight of its Budapest routes after a dispute regarding the recently-introduced extra profit... 2022.08.15.
The Hungarian Government Makes Almost 10% Cutback to 2022 Budget Spending The government decided to make a readjustment of 10 percent - nearly HUF 568 billion - in the 2022 budget... 2022.07.12.
Ryanair Could Be Fined Five Million Euros The high number of complaints has led the Minister for Consumer Protection to order an extraordinary investigation into Ryanair's practices,... 2022.06.22.
Ryanair Denounced by Safe Society Foundation The Budapest Committee of the Safe Society Foundation, which also deals with consumer protection regulation, has denounced Ryanair for displaying... 2022.06.21.
Ryanair Acts Unfairly with Business Partners, Transport Service CEO Says "In addition to the special tax, further measures are needed in aviation, a market in which ground transportation companies are... 2022.06.17.
Hungarian Minister for Economic Development Slams Ryanair CEO Remarks The war of words between low-cost carrier Ryanair and the Hungarian government continues after the latter decided to introduce windfall... 2022.06.16.
Several Companies Pass Government’s ‘Extra Profit Tax’ onto Consumers In response to the Hungarian government’s windfall tax imposed on large companies to create extra revenue for the funding of... 2022.06.14.
Some Affected Companies Likely to Pass Government’s Windfall Taxes to Consumers, New Analysis Finds A new report by left-leaning economic think-tank GKI finds that despite prior promises from the Hungarian government, a significant share... 2022.06.14.
Ryanair Dumps Hungary’s ’Extra Profits’ Tax onto Customers Budget airline Ryanair is pushing on the Hungarian government’s “extra profits” tax to passengers, charging 3900 forints (~EUR 10), even... 2022.06.10.
PM Orbán: Gas Embargo Would Destroy Entire European Economy The government has drawn up the 2023 budget with a view to handling both war inflation and the economic crisis,... 2022.06.10.
Ryanair Calls Hungarian Windfall Taxes ‘Unjustified’ and ‘Ill-Advised’ Ryanair called on Prime Minister Viktor Orbán's government on Wednesday to scrap the new tax levied on departing passengers as... 2022.06.09.
Press Roundup: Opposing Takes on Government’s Windfall Taxes A liberal news site predicts that the newly announced special taxes will trigger an infringement procedure by the European Commission.... 2022.05.28.
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.
PMO Head: Only Hungarians to Buy Fuel at Capped Prices from Friday Hungary's government considers the protection of the country's security and economy its two most important responsibilities amid the war in... 2022.05.26.
Forint Plunges as PM Orbán Turns to Windfall Taxes against Banks, Large Companies The forint plunged sharply after Viktor Orbán's Wednesday announcement regarding the government's plan to introduce windfall taxes on banks and... 2022.05.26.
Govt to Strip Extra Profits from Banks, Multinational Companies Prime Minister Viktor Orbán announced setting up a "utility cut protection fund" and a defense fund on Wednesday. In a... 2022.05.25.
