Wizz Air expects a record number of passengers this year
Based on the booking date, Wizz Air expects a record number of passengers again this year, the airline told MTI.
Adam
Economy
Hungary Central Bank Keeps Base Rate on Hold
Hungarian rate-setters decided to keep the base rate on hold at 13% at a regular policy meeting on Tuesday, the first such meeting this year. The Monetary Council also decided at its policy meeting to keep the central bank’s interest rate corridor unchanged. The decision was in line with expectations.
Opposition Propose Reducing VAT on Basic Foodstuffs
A gap of more than 10% exists between the pension increase and inflation, and VAT on basic foodstuffs should be reduced to zero, a Socialist politician said on Friday.
Inflation in Hungary was 24.5 percent in December
In December 2022, consumer prices were on average 24.5 percent higher than a year earlier. In the past year, household energy and food prices have risen the most – the Central Statistics Office (KSH) reported on Friday.
Survey: IT is still the most sought-after profession on the labor market
IT is one of the most sought-after professions in Hungary; tens of thousands of IT professionals are still missing from the domestic market, after the spread of remote work, more and more people are employed by foreign companies – wrote the Stylers information technology company group in its statement announcing the 2022 survey of the […]
The GVH imposed a maximum fine on the Elf Bar online store advertising electronic cigarettes
The Economic Competition Authority (GVH) imposed the highest possible fine of almost HUF 70 million on the Slovakian online store selling the Elf Bar product for illegally advertising electronic cigarettes to Hungarian consumers – the authority told MTI.
LMP: Government Should Raise Teachers’ Wages Instead of State’s Vodafone Stake Purchase
The opposition LMP party has criticised the state’s purchase of a 49% stake in Vodafone Europe’s Hungarian unit, saying the government should instead be spending taxpayers’ money on increasing the wages of teachers.
The price of fuel in Hungary is significantly reduced
Fuel prices are falling in the middle of the week – Holtankoljak.hu writes. The wholesale price of gasoline will cost HUF 12 gross, while gas oil will cost HUF 10 gross.
The Hungarian state owns 49% of Vodafone Hungary
Corvinus International Investments Zrt., Antenna Hungária Zrt., which operates as a subsidiary of 4iG Nyrt., and Vodafone Europe BV have signed an agreement on the purchase of Vodafone Magyarország Távközlési Zrt., Economic Development Minister Márton Nagy told MTI on Monday. Vodafone Hungary explained that it is committed to an excellent customer experience and the digital […]
Hungary Issues USD 4.25 BN of FX Bonds
Hungary has issued forex bonds worth a total 4.25 billion dollars, the finance minister has announced.