-
6 Mar 24
Targeting welfare payments to the most vulnerable and providing more funding for schools in deprived areas will reduce poverty and inequality across Hungary, the OECD has said.
-
2 Feb 24
Finance ministers agreed to the first ever revision of the European Union’s long-term budget to provide €50bn of support to Ukraine.
-
9 Jan 24
Higher borrowing costs and slower economic growth will likely see the Hungarian government fail to reduce its debt this year under current plans, the nation’s fiscal council has warned.
-
13 Dec 22
The European Union is set to suspend more than €6bn of funding for Hungary due to the ongoing dispute over compliance with the bloc’s rule of law regulations.
-
7 Dec 22
The Hungarian government has blocked an €18bn European Union package to support Ukraine’s budget and fund the war effort against Russia.
-
21 Sep 22
The Hungarian government has put forward new legislation aimed at improving public procurement and its anti-corruption measures, hours after the European Commission threatened to withhold €7.5bn of...
-
20 Jun 22
The Hungarian finance minister has vetoed the European Union’s adoption of a 15% effective minimum corporation tax rate, representing the latest setback to the implementation of the already-delayed...
-
27 May 22
The Hungarian government is set to introduce a windfall tax on banks, energy firms and telecommunications companies to help fund its response to Russia’s invasion of Ukraine.
-
6 Apr 22
The European Commission has begun the formal process of keeping money from Hungary over “corruption” issues, announcing the move two days after the reelection of prime minister Viktor Orban.
-
2 Mar 22
A Court of Justice Decision to allow the European Union to withhold money from countries that fail to meet democratic standards has been named as a threat to Hungary and Poland.
-
17 Feb 22
A Polish and Hungarian legal challenge against the European Union has failed, allowing the bloc to withhold billions of euros of funding if member countries fail to meet democratic standards.
-
4 Feb 22
The Hungarian government must implement plans to balance its budget to help reduce the impacts of elevated inflation, according to the governor of its central bank.
-
2 Aug 21
Disagreements between Hungary and the European Union over compliance with EU law is unlikely to “completely jeopardise” access to Covid-19 recovery funds, according to rating’s agency Fitch.
-
11 Dec 20
A €1.8trn financial package intended to see the European Union through the pandemic-related economic crisis has been ‘unblocked’, after a compromise was reached with Poland and Hungary, which had...
-
5 Nov 20
Countries that disrespect the rule of law and democracy risk losing access to EU funds, following a deal made between European Parliament and Council negotiators.
-
1 Oct 20
Hungary’s right-wing prime minister Viktor Orban has suggested his country will opt out of the European Union’s €750bn Covid-19 recovery fund in a row over democracy and the rule of law.
-
8 Nov 19
An anti-graft programme has been adopted by Budapest’s new municipal assembly, which hopes to make its finances and operations more transparent.
-
16 Oct 19
Hungary’s economy is growing among the fastest in Europe, the IMF has said, praising the government’s handling of its finances amid an “increasingly difficult global economic environment”.
-
24 Sep 19
Coal-fired electricity is to be phased out in Greece and Hungary as the countries’ leaders pave the way for a transition to renewable energy.
-
11 Feb 19
Women in Hungary with four or more children will never have to pay income tax, the country’s prime minister has promised in a move to boost the number of babies being born.
-
5 Feb 19
Hungary should focus its efforts on inclusive reforms, such as overhauling public pensions and the healthcare system, the OECD has urged.
-
5 Jan 18
Hungary and Ireland have expressed opposition to harmonise tax rules across the European Union, saying it undermines competition within the single market.
-
18 Sep 17
Further public and private funding in Bulgaria, Hungary and Romania are needed to ensure drinking water is brought up to EU standards, a report by the European Court of Auditors has found.
-
26 Jan 16
The European Commission's response to the financial crisis of the late 2000s was "generally weak", with measures not applied consistently and lacking in thorough scrutiny, auditors have said.
6 Mar 24Targeting welfare payments to the most vulnerable and providing more funding for schools in deprived areas will reduce poverty and inequality across Hungary, the OECD has said.
2 Feb 24Finance ministers agreed to the first ever revision of the European Union’s long-term budget to provide €50bn of support to Ukraine.
7 Dec 22The Hungarian government has blocked an €18bn European Union package to support Ukraine’s budget and fund the war effort against Russia.
20 Jun 22The Hungarian finance minister has vetoed the European Union’s adoption of a 15% effective minimum corporation tax rate, representing the latest setback to the implementation of the already-delayed...
6 Apr 22The European Commission has begun the formal process of keeping money from Hungary over “corruption” issues, announcing the move two days after the reelection of prime minister Viktor Orban.
2 Mar 22A Court of Justice Decision to allow the European Union to withhold money from countries that fail to meet democratic standards has been named as a threat to Hungary and Poland.
11 Dec 20A €1.8trn financial package intended to see the European Union through the pandemic-related economic crisis has been ‘unblocked’, after a compromise was reached with Poland and Hungary, which had...
16 Oct 19Hungary’s economy is growing among the fastest in Europe, the IMF has said, praising the government’s handling of its finances amid an “increasingly difficult global economic environment”.
24 Sep 19Coal-fired electricity is to be phased out in Greece and Hungary as the countries’ leaders pave the way for a transition to renewable energy.
5 Jan 18Hungary and Ireland have expressed opposition to harmonise tax rules across the European Union, saying it undermines competition within the single market.
18 Sep 17Further public and private funding in Bulgaria, Hungary and Romania are needed to ensure drinking water is brought up to EU standards, a report by the European Court of Auditors has found.
26 Jan 16The European Commission's response to the financial crisis of the late 2000s was "generally weak", with measures not applied consistently and lacking in thorough scrutiny, auditors have said.
