“Competitiveness Crucial Factor When Pursuing Green Goals”
Environmental protection and economic competitiveness must go hand in hand when pursuing green goals, Hungary’s foreign minister said in Moscow on Thursday.
Economy
LMP Calls on Government to Protect Hungarian Employees in Western Europe
The opposition party LMP is calling on the government to support stricter European Union regulations on recruitment services and temporary work contracts, and to protect the interests of Hungarian employees in western Europe.
Hungary ‘Must Stick to Utility Price Cuts’
The Hungarian government must stick to its utility price cuts, Prime Minister Viktor Orbán said.
House Prices in Hungary Double Since 2010
House prices in Hungary have risen by 109% since 2010, data compiled by Eurostat show. Hungary was one of three European Union member states in which home prices doubled during the period.
Food Prices Continued to Rise in September
Partly as a result of supply shortages and rising demand for wheat and palm oil, world food prices continued to rise in September.
“Rushed Introduction of Euro Could Hurt Hungary’s Growth”
A rushed adoption of the euro that ignores differences in the levels of economic development between Hungary and the euro zone could sacrifice Hungary’s growth and even pose risks to its stability, a member of the central bank’s Monetary Council said on Wednesday.
Hungary Borrows EUR 183 BN From AIIB for Health-Care Development
Hungary has concluded an agreement with the Asian Infrastructure Investment Bank (AIIB) on the provision of 183 million euros to fund developments in Hungarian health care, Finance Minister Mihály Varga said on Wednesday.
Szijjártó Sees Hope for Compromise on Global Minimum Tax
At an OECD meeting in Paris on Wednesday, the Hungarian government submitted a proposal aimed at finding a compromise solution to the introduction of a global minimum corporate tax which Hungary has reservations over, according to the Hungarian foreign affairs and trade minister.
“EU Approval of Hungarian Recovery Programme Hindered By Political Considerations”
Hungary’s programme for post-pandemic economic recovery meets the criteria laid down previously in all respects but its approval is being hindered by the European Commission’s “politically motivated” considerations, Finance Minister Mihály Varga said after meeting his EU counterparts in Luxembourg on Tuesday.
PM: EU Recovery Funds to Arrive Sooner or Later
Prime Minister Viktor Orbán, in an interview with Czech conservative daily Lidové Noviny, said Brussels was dragging its heels on its decision over EU recovery money, but the funds would arrive sooner or later. In the meantime, Hungary has raised a large amount of money, 4.5 billion euros, on the market with interest of below […]