Energy Office: gas storage is continuous in Hungary

The Hungarian natural gas market has been concentrating on storage since the beginning of April, the country’s gas supply is currently uninterrupted despite the war in Ukraine, and the Russian side continues to supply long-term contracts from Serbia (Kiskundorozsma) and Austria (Mosonmagyaróvár). the Hungarian Energy and Utilities Regulatory Authority (MEKH) on Thursday with MTI.

The government extends Széchenyi card credit scheme

The government has decided to extend the Széchenyi Card programme, a state scheme that provides cheap credit to businesses, and streamline and consolidate its credit products, Economic Development Minister Márton Nagy has said. The new Széchenyi Card loans, carrying a fixed rate of 3.5% or lower, will be available from July 2022 until the end […]

FINMIN: global minimum tax would bring about tax increases

As the introduction of the global minimum tax would bring about tax increases, hinder competitiveness and lead to a loss of jobs, the Hungarian government will resist the growing international pressure and reject the related directive, Finance Minister Mihály Varga said after an Ecofin meeting in Luxembourg on Friday. Varga told Hungarian journalists that the […]