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State of Emergency Extended in Hungary

May 3, 2023

Hungarian Parliament has authorized the government to extend the state of emergency due to the war between Russia and Ukraine until November 25 this year. Thus, the government can continue to rule by decree for another six months. The amendment to the law “on the prevention and management of the consequences of the armed conflict […]

Government Authorizes Itself To Modify Budget

Dec 9, 2022

A new government decree has been published in the Hungarian Gazette, according to which the Hungarian government, citing the state of war, has authorised itself to rewrite the budget without the approval of Parliament. According to the decree, the provisions of the law on public finances "on the preparation, structure and content of the central […]

Government Reported to Extend Capped Food Prices

Dec 9, 2022

The food price freeze in Hungary could be maintained until next April, according to the financial website Several sources say that the price freeze, which currently runs until December, would not be lifted at the end of the year, but would be maintained at least until Easter. According to sources to Portfolio, the issue […]

New Ministry in the Hungarian Government

Nov 14, 2022

The Minister of Technology and Industry, László Palkovics is to leave his post, and a new energy ministry is to be established, the head of the Prime Minister's Office, Gergely Gulyás announced at an extraordinary press conference on Monday. According to Minister Gulyás, the restructuring is justified by the war in the neighboring country and […]

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