It was announced late on Tuesday that the era of HUF 480 fuel will come to an end as a result of the regulation that came into effect at the time of the government info: according to Mol’s guide prices, 95 gasoline will now cost HUF 641, and diesel will cost HUF 699.

Oil and gas company MOL has restarted its Dunai refinery in Százhalombatta after a period of maintenance, but it will take several weeks to reach full capacity, and supply glitches “won’t be resolved overnight”, MOL’s managing director, György Bacsa, told public radio on Tuesday.

Combined after-tax profit of Hungarian banks fell by an annual 12.4% to 562 billion forints in Q1-Q3 as write-downs and provisions weighed, the National Bank of Hungary (NBH) said.

Retail sales growth in Hungary slowed to an annual 0.6% in October, propped up by sales of motor fuel, the Central Statistical Office (KSH) said.

Trade union alliance MASZSZ has demanded a 15% pension increase from January and a one-time payment of 50,000 forints for pensioners receiving less than 160,000 forints (EUR 391) per month.

Hungary’s economy and its players must prepare to perform in an increasingly difficult international environment, Mihály Varga, the finance minister, told an annual event of the National Association of Businesses and Employers (VOSZ) in Budapest on Friday.

The opposition LMP’s co-leader called for the introduction of a global minimum tax and the taxation of foreign-owned large companies at a press conference on Saturday.

Natural gas plays a crucial role in Hungary’s energy supply, but one way to reduce this dependency is by increasing electricity imports, which the government is working on, the minister of foreign affairs and trade said in Slovenia’s Cirkovce on Friday.