Tax Authority Signs Cooperation Pact With Saudi Counterpart
Hungarian tax and customs authority NAV on Monday said it has signed a cooperation agreement with Saudi Arabia’s tax and customs authority.
Adam
Economy
Hungary July Retail Sales Up 3.8%
Hungarian retail sales in July grew by an annual 3.8%, edging down from a 4.1% growth in June, the Central Statistical Office (KSH) said on Monday.
“Gas Flowing Uninterrupted”
Gas deliveries to Hungary are uninterrupted and will serve both households and businesses in the heating season, a state secretary of the foreign ministry told public television.
Szijjártó: CATL Investing HUF 3,000 BN
In the largest investment ever in Hungary, Chinese battery maker CATL is spending 3,000 billion forints (EUR 7.5bn) on building its second European manufacturing plant.
Opposition Propose Electricity, Gas Price Cuts to Address Cost of Living Crisis
The Socialist party is holding forums nationwide in the coming weeks to promote its proposals to address the cost of living crisis, party co-leader Bertalan Tóth told an online press conference streamed on Facebook on Saturday.
Banks’ Corporate Lending Stock Grows By HUF 344 BN in Q2
In Q2 2022 corporate lending stock of credit institutions expanded by 344 billion forints (EUR 857.0m), as a result of increases of 240 billion forints and 104 billion forints in forint loans and FX loans, respectively, the National Bank of Hungary said in a report on lending on Friday.
Jobbik Proposes Housing Subsidy for Renters
Opposition Jobbik has proposed giving renters back the part of their rent above 100,000 forints (EUR 249) in the form of a housing subsidy.
Hungary Trade Deficit EUR 408 M in June
Hungary had a 408 million euro trade deficit in June, the Central Statistical Office (KSH) said in a second reading of data released on Thursday.
LMP Urges Government Assistance to Drought-Hit Farmers
The opposition LMP party has called for significantly increasing the government’s fund aimed at providing compensation to agricultural producers affected by the current unprecedented droughts.
Jobbik Calls on Government to Divert More Funding to Education
Opposition Jobbik on Thursday urged the government to divert more funding within this year’s budget to education. Citing fresh statistics, Jobbik deputy group leader Koloman Brenner told a press conference that some 4,800 teachers were missing from Hungarian public education.