Over 20,000 signatures have been collected in Hungary in support of the European Citizens Initiative entitled “Save Bees and Farmers: Towards a bee-friendly agriculture system for a healthier environment”, the National Election Committee (NVB) said on Thursday.
Hungary’s jobless rate was 3.5% in May, down from 3.6% in the previous month and from 3.9% twelve months earlier, the Central Statistical Office (KSH) said. The rate covers 15-74 year olds. Fully 168,500 were jobless in May, down by 7,800 on the previous month and 20,900 fewer than in May 2021. The rolling three-month […]
Liechtenstein-based Neutrik Group is investing 3.6 billion forints (EUR 9.1m) in a new plant in Ózd, in northern Hungary.
The European Commission on Thursday said it opened an in-depth investigation to assess the planned acquisition of OMV Slovenija by Hungarian oil and gas company MOL.
Hungary and the German federal state of Bavaria have signed a new three-year cooperation scheme aimed at preserving their shared economic achievements in the current “challenging period”, Foreign Minister Péter Szijjártó said on Thursday.
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 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 […]
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 […]
The introduction of the OECD’s global minimum tax on corporate profit would result in big tax hikes and endanger “tens of thousands” of jobs in central Europe, the foreign minister said.
Global factors such as rising energy and grain prices account for 80% of Hungarian inflation, Márton Nagy, the minister of economic development, said in a newspaper interview published on Wednesday.