The Hungarian government has decided to introduce another tax relief, Finance Minister Varga Mihály has announced. Companies can now pay tax in euros or US dollars. For companies whose income is received partly or entirely in foreign currency, the new rule could bring simplification. The option to pay is available to all companies. Administration will […]
Gergely Gulyás, Minister of the Prime Minister's Office, announced the decision a few minutes after 11:00 o’clock on Saturday morning at the government briefing, and shortly afterwards it was published in the Hungarian Gazette: from 12:00 o’clock on Saturday only private individuals, taxis and agricultural machinery are allowed to receive at the government-capped price of […]
From Monday August 1, Shell will "temporarily suspend" the operation of five of its petrol stations in Hungary, including two in Budapest. According to a statement issued by the company on Thursday, the decision was taken "in response to the challenges of the tight supply of raw materials in the fuel market at a regional […]
The Italian Cultural Institute of Budapest (Istituto Italiano di Cultura di Budapest - IIC) was founded in 1937 to develop cultural relations between Italy and Hungary. Its area of responsibility includes the entire territory of Hungary, it is an official body of the Italian state and has as its objective the promotion and dissemination of […]
The planned maintenance of Mol's Danube Refinery will start this weekend, and production should resume in September at the earliest. Some petrol stations may experience temporary outages. Therefore, the company asks motorists to fill up only as much as they need to ensure that everyone has enough fuel. The current maintenance will guarantee that the […]
14,402 new cases of coronavirus have been found in Hungary in the past week and 54 patients have died, bringing the total number of deaths to 46,790, the related government website coronavirus.gov.hu said in its weekly summary this Wednesday. The number of active infected people is 28,510, with 1,345 coronavirus patients currently in hospital (up […]
EU member countries – with Hungary being the only exception – have agreed on a gas emergency plan for this winter. The aim is to save 15% gas. However, the plan also provides for numerous exceptions. At a special meeting of the ministers responsible for energy on Tuesday in Brussels, the necessary majority for the […]
The average time spent by Hungarians in front of the television screen exceeding four hours per day is among the top in Europe, as is the fact that 91% of households have a traditional TV subscription, according to a survey by the National Media and Infocommunications Authority (NMHH). Providing the details to the state news […]
As part of an international effort to help containing fires in Slovenia, Hungarian Defense Forces soldiers were helping to extinguish forest fires in Hungary’s southwestern neighbor. Air force units from Austria, Hungary, Italy, Romania, Serbia, Slovakia were assisting Slovenian firefighters in the effort to contain and put out fires. It was on July 20th that […]
Corruption remains a serious problem for EU citizens – and this is especially true for Hungarians: 91% of those polled believe that corruption is widespread in this country, while the EU average is 68%. The European Commission has published the latest Special Eurobarometer on Corruption, which captures citizens' perceptions and experiences, as well as the […]
The Budapest Stock Exchange (BSE) share index closed the week at 42,327.67 points, up 6.73% or 2,668.44 points compared to last Friday. Total turnover rose from HUF 40.24 billion to HUF 63.92 billion, with the leading shares, with the exception of Mol, gaining, the state nedws agency MTI reported Sunday morning. The BUX closed the […]
Two national team swimmers, Luca Vas and Imre Barabás, were the fastest at the 40th Balaton Crossing on Central Europe’s largest lake on Saturday. The event saw a record number of people participating. According to the organizers, Vas won the women’s competition at the 5.2-kilometer distance between Révfülöp and Balatonboglár in one hour, six minutes […]
The Hungarian Canoe Federation and the AutoWallis Group have concluded a cooperation agreement, under which the company listed in the Premium category of the Budapest Stock Exchange will support the Federation’s work by providing mobility services until 2024, the end of the Olympic cycle, a statement by AutoWallis Group says. The vehicle trading and mobility […]
There were over 21,000 people registered as actively infected with the new coronavirus in Hungary in the previous seven days with an increasing number of patients in hospital, according to the Wednesday report of aggregated figures published on the related government website koronavirus.gov.hu. COVID-19 figures on the site suggest that 10,255 new infections have been […]
The ruling party majority of Hungarian Parliament adopted Hungary's 2023 central budget on Tuesday by 135 votes to 54. In next year's budget, the government expects economic growth of 4.1%, a deficit target of 3.5% and inflation of 5.25%. Earlier, Finance Minister Mihály Varga said the government was counting on several factors: a prolonged war […]
