Hungary’s consumer price index increased by an annual 5.1% in April, the Central Statistical Office (KSH) said on Tuesday.
Finance Minister Mihály Varga on Tuesday announced measures to cut and streamline taxes next year that the government will soon propose to lawmakers. In a video message posted on his Facebook page, Varga said the payroll tax would be reduced to 15% from next July, while the vocational training contribution would be rolled into the […]
The government is launching a 30 billion forint (EUR 83.6m) investment support scheme to help large companies upgrade and expand production, Foreign Minister Péter Szijjártó said on Facebook.
Hungary and Austria believe that setting a minimum wage from Brussels would be ill-advised due to large differences in the level of development between European Union member states, László Palkovics, the minister of innovation and technology, has told public media after talks with Austrian Labour Minister Martin Kocher on the sidelines of the EU summit […]
Budapest Mayor Gergely Karácsony has presented an alternative plan on the use of the European Union’s pandemic recovery fund, developed by the Association of Hungarian Municipalities (MÖSZ).
Hungary’s largest dairy company, Sole-Mizo, has undertaken developments at three of its facilities, investing 5 billion forints (EUR 13.9m), Finance Minister Mihály Varga said on Friday.
Supporting jobs, families and innovation are Hungary’s recipe for addressing social challenges faced by the European Union, Katalin Novák, the minister in charge of family affairs, said in Porto on Thursday.
Hungary accepts the European Union’s guidelines on the minimum wage but maintains that the issue should be regulated by the member states, László Palkovics, the innovation and technology minister, said after talks with Ana Mendes Godinho, the Portuguese labour and social affairs minister, in Porto on Friday.
Industrial output rose by an annual 16.5% in March from a low base after last year’s coronavirus-related lockdowns, the Central Statistical Office (KSH) said.
Retail sales in Hungary fell by an annual 1.5% in March, and by 2.0% when adjusted for calendar-year and seasonal effects, the Central Statistical Office (KSH) said.