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economy

Tamás Deutsch: We Are Dealing with Another Gyurcsány Speech Here

The MEP reacted to Ferenc Gyurcsány’s statements made in a radio interview. Deutsch declared that the Democratic Coalition President had publicly admitted that as opposed to his and the European Commission’s claim that there were legal problems between Hungary and…

Hungary is Ready to Discuss Double Taxation, Washington Remains Silent

Last year, the US terminated the 1979 double taxation avoidance agreement with Hungary. According to Szijjártó, the USG took this step in response to the Hungarian government not giving its consent to the introduction of the global minimum tax….

Szijjártó: Hungarian Automotive Industry is an Economic Life Insurance

Péter Szijjártó pointed out that Hungary is already the world’s fourth-largest producer of electric batteries and that in the last thirteen months, batteries have been the country’s top export product….

Viktor Orbán: The Threat of a World War Is Increasingly Real

Viktor Orbán stated that the war is becoming increasingly violent and brutal. He remarked that it would be natural for more and more people to stand for peace as a result, but he does not see this intention among the…

Inflation Expected to Drop to Single Digits by End of the Year

According to the National Bank’s forecast, slow disinflation is expected in March, followed by a strong disinflationary trend, with a good chance of reaching single-digit inflation by the end of the year….

Plan of Full Ban of Combustion Engines Beyond 2035 Discarded to Accommodate E-Fuels

The European Commission and Germany announced a deal that will permit the sale of combustion-engine cars running solely on synthetic e-fuels beyond 2035. The final vote of the EU Council on the regulation took place on 28 March….

EU Council Summit Concludes in Brussels, Poland and Hungary Join Forces on Agriculture

Prime Minister Viktor Orbán emphasised that Budapest and Warsaw will join forces to protect the agricultural workers of Central Europe from the negative effects of ‘grain dumps’ coming from Ukraine….

Economic Development Minister Meets with Leaders of Mercedes-Benz

At the meeting, the parties agreed to strengthen cooperation. They also shared the view that government support needs to be provided in order to protect Hungary’s strategically important automotive industry and preserve jobs….

America’s Energy Policy

America went from being a net energy importer to a net energy exporter. Today, US energy sources are more diversified and abundant than ever before….

The Importance of Nature in the Economy — The Failed Experiment of the Physiocrats

Physiocracy played only an episodic role in modern economic political thinking and, therefore, so did the perspective that linked the economy’s performance and ability to produce value to nature….

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