Hungary's cash flow-based general government deficit reached HUF 2,106.8 billion at the end of February, the Ministry of National Economy has confirmed in a detailed release of data. The central budget deficit reached HUF 2,010.1 billion and the social security funds were HUF 129.6 billion in the red, but separate state funds had a surplus […]
Hungary's cash flow based general government deficit reached HUF 2,106.8 billion at the end of February, the Ministry of National Economy said in a preliminary release of data on Monday. The central budget deficit reached HUF 2,010.1 billion and the social security funds were HUF 129.6 billion in the red, but separate state funds had […]
The Hungarian government has decided to extend mandatory caps on a range of food and non-food products by three months until the end of May, the Ministry of National Economy said in a statement. The government rolled out a 10% cap on markups for the food products and a 15% cap on the non-food products […]
Hungary's cash flow-based general government deficit reached HUF 5,738.7bn at the end of December, the Ministry of National Economy confirmed in a detailed reading of data on Thursday. As MTI reports, the central budget gap reached HUF 5,500.1 billion and the social insurance funds were HUF 245.9 billion in the red, but separate state funds […]
Hungary's general government deficit reached HUF 4,070.4 billion at the end of November, 80.5% of the full-year target, the Ministry of National Economy said in a preliminary release of data on Monday. The central budget gap reached HUF 3,904.0 billion and the social insurance funds were HUF 240.3 billion in the red, but separate state […]
The minister of national economy has decided to limit the number of residency permits issued for guest workers to 35,000 in 2026, level with the number in 2025, the ministry announced on Tuesday. "Hungarian labour remains the priority for the government which is why it will make every effort to put Hungarians in unfilled positions," […]
Hungary's general government deficit reached HUF 3,667.7 billion at the end of October, 72.6% of the full-year target, the Ministry of National Economy confirmed in a detailed reading of data quoted by MTI on Monday. The report noted the deficit target of the general government, corresponding to a 3.7% ESA deficit target in the adopted […]
Hungary's general government deficit reached HUF 3,667.7 billion at the end of October, 76.8% of the full-year target, the Ministry of National Economy said in a preliminary release of data on Monday. The deficit in the budget is over 16% larger compared to October last year. The central budget gap reached HUF 3,616.2 billion and […]
Hungary has promulgated its first law on artificial intelligence, the Ministry of National Economy Ministry said on Saturday. With the act, the government aimed to establish a legal framework for the safe, transparent and responsible use of AI, Szabolcs Szolnoki, the deputy state secretary for technology, said in the statement. In addition to implementing the […]
Tourism in Hungary is booming, and ‘Ferihegy’ [as Budapest’s Ferenc Liszt International Airport is commonly known] is Europe's fastest growing airport, Minister of National Economy Márton Nagy said at the Michelin Guide awards ceremony in Budapest on Tuesday evening, where he also thanked Hungarian gastronomy for its achievements. This year has been a record year […]
The Hungarian capital’s Ferenc Liszt International Airport's performance is set to explode in 2024. In the first eight months of the year, passenger traffic grew by 18.6% (to 11.4 million people) and cargo by 49.7% (to more than 184,000 tons), meaning that the airport is on track to break all previous records, according to a […]
