The Property Developers Roundtable Association (IFK) is hoping the new Tisza government’s economic policy directions will include a predictable and stable regulatory environment and is focusing on future professional cooperation with it, the association told MTI. IFK said development decisions are made several years in advance, so predictable and sustainable economic conditions are key for […]
The European Commission's meetings with the incoming Hungarian government have been "constructive and positive in tone", and a useful starting point "for the work that now needs to happen, particularly to unblock funds for the benefit of the Hungarian people," EC Deputy Chief Spokesperson Olof Gill told a daily press conference in Brussels on Monday. […]
OTP Bank, Hungary's biggest commercial lender, strives for fair cooperation with the Tisza government, which is in the interest of both the Hungarian economy and businesses; the bank's activity will not decline in Hungary, chairman of the board, Sándor Csányi said at the bank's annual general assembly. OTP's management will soon hold consultations with the […]
The Hungarian Academy of Sciences (MTA) "agrees with the main goals outlined in the program of the Tisza party" and wants to ensure Hungarian researchers gain access to European cooperation and funding as a priority, the academy said in a statement on it website. It added that the autonomous and transparent operation of universities was […]
Due to the change in government resulting from last Sunday’s parliamentary elections in Hungary, market expectations suggest that the new government’s economic policy will become more transparent and predictable in the coming years; measures such as special taxes, margin caps and fuel price controls will be phased out over time. That is according to Raiffeisen […]
The President of the League of Trade Unions (Democratic League of Independent Trade Unions), Dr. Melinda Mészáros sent a letter to Péter Magyar, the leader of the election-winning Tisza Party, stating that the leadership of the League is initiating cooperation with the new government, the union told MTI on Wednesday. They justified the cooperation by […]
Péter Magyar, the leader of the election-winning Tisza Party, said on Wednesday that President Tamás Sulyok will formally invite him to form the next government. Magyar met the president after Tamás Sulyok invited the leaders of the parties with mandates in the new parliament to attend talks at his office in Sándor Palace, MTI reports. […]
Fitch Ratings said Hungary's incoming government faces "significant macroeconomic and public finances challenges" due to low growth, a large fiscal deficit, and high and rising government debt. The Tisza Party's landslide victory in Sunday's election, giving it a two-thirds majority in parliament, should support improved relations with the European Union and ease the risk of […]
The Hungarian Banking Association and the Confederation of Hungarian Business (VOSZ) both congratulated the Tisza Party on its election victory and offered cooperation to the new government. The Hungarian Banking Association said in a statement that "the Tisza Party's unequivocal victory could open a new chapter for European integration and the development of the Hungarian […]
