Industrial output up 16.5 percent yr/yr in March
Hungarian industrial output grew by an annual 16.5 percent in March, up from 1.9 percent in February, according to a second reading of data released by the Central Statistical Office (KSH) on Wednesday.
Government submits plan for tapping EU’s recovery fund
The government on Tuesday submitted Hungary's plan for utilising the European Union's Recovery and Resilience Facility (RRF) which covers more than 2,500 billion forints (EUR 7bn) worth of strategic development projects over the next six years, the state secretary in charge of EU developments ...
Inflation 5.1 percent in April
Hungary's consumer price index increased by an annual 5.1 percent in April, the Central Statistical Office (KSH) said on Tuesday.
Finance minister announces 2022 tax cuts
Finance Minister Mihaly Varga on Tuesday announced measures to cut and streamline taxes next year that the government will soon propose to lawmakers.
Finance minister: Looser fiscal policy affords flexibility
The government's modified budget deficit targets for the coming years, prompted by the continuously changing global environment and the drawn out recovery of capacities, afford flexibility, Finance Minister Mihaly Varga said in an interview with business portal Portfolio.hu published on Monday.
Karacsony presents alternative plan to use of recovery funds
Government launching HUF 30 billion support scheme to boost competitiveness
The government is launching a 30 billion forint (EUR 83.6m) investment support scheme to help large companies upgrade and expand production, Foreign Minister Peter Szijjarto said on Facebook on Sunday. Meanwhile Budapest Mayor Gergely Karacsony presented an alternative plan on the use of the ...
Palkovics: Hungary, Austria reject European minimum wage
Hungary and Austria believe that setting a minimum wage from Brussels would be ill-advised due to large differences in the level of development between European Union member states, Laszlo Palkovics, the minister of innovation and technology, said on Saturday.
Minister: Minimum wage regulations should remain member state competency
Hungary accepts the European Union's guidelines on the minimum wage but maintains that the issue should be regulated by the member states, Laszlo Palkovics, the innovation and technology minister, said after talks with Ana Mendes Godinho, the Portuguese labour and social affairs minister, in ...
Jobbik: Hungary 2022 budget ‘Europe’s cruelest’
A Jobbik official has blasted Hungary's 2022 draft budget recently submitted to parliament as "Europe's cruelest".
Home building permit issues plunge in capital, jump elsewhere
The number of home building permits issued in Budapest plunged in the first quarter while jumping in the rest of the country, the Central Statistical Office (KSH) said on Wednesday.
