Speaking at a regular press briefing, the prime minister’s chief of staff said the government has been in talks with Brussels on the EU’s post-pandemic recovery fund for months, dismissing reports that said otherwise as “fake news”.
The prime minister’s chief of staff on Wednesday commented on opposition politicians’ call on the European Parliament to withhold Hungary’s EU funding until its controversial law against paedophilia, which the EU says is discriminating against LGBTQ people, is amended.
Retail sales in Hungary grew by an annual 5.8% in May, increasing for the second month in a row after eight months of declines, the Central Statistical Office (KSH) said. Retail sales also rose by 5.8% when adjusted for calendar year effects.
The National Bank of Hungary (NBH) has adopted a green monetary policy toolkit strategy which it will use to monitor how certain monetary policy tools can be used to achieve price stability and environmental sustainability objectives, NBH deputy governor Barnabás Virág said. It is clear that it is impossible to achieve economic growth if environmental […]
Péter Szijjártó, Hungary’s minister of foreign affairs and trade, welcomed the start of the construction of a rubber bitumen plant by Hungarian and Tatar companies in the Republic of Tatarstan. “A new chapter has begun in the history of Hungary’s open economy with the emergence of large Hungarian companies that establish a strong presence in […]
Pragmatic cooperation with Russia will help Hungary in its quest to be the first in the European Union to relaunch its economy, Péter Szijjártó, the minister of foreign affairs and trade, said at the INNOPROM Industrial Exhibition in Yekaterinburg. Russia, he said, had helped the country snap the third wave of the coronavirus epidemic.
Perilous times are ahead for the global economy, which cannot simply resume where it left off before the pandemic, Prime Minister Viktor Orbán has said.
The introduction of a global minimum corporate tax rate, which the OECD accepted on Friday, could bring competitive disadvantage for the European Union, a government official said. Hungary was among nine countries that did not join a statement backing the introduction of a global minimum corporate tax rate at a meeting of members of the […]
Hungary’s management of the coronavirus crisis last year yielded mixed results, National Bank of Hungary (NBH) governor György Matolcsy wrote in an article in the online edition of daily Magyar Nemzet, adding that the economy had been saved by an increase in private sector borrowing. “If the Hungarian financial system had not functioned in the […]
Canada and Thailand have lifted restrictions on imports of Hungarian poultry introduced due to an outbreak of highly pathogenic bird flu, national food safety authority Nébih said.
