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Single Digit Inflation on the Horizon, Chief of the PM’s Office Says

During a scheduled press conference, Gergely Gulyás said the government expects inflation to drop significantly by the end of November. Regarding the frozen EU funds, he noted that Hungary is obviously functioning without them as well….

Gergely Gulyás: EU Quotas Send an Invitation to Millions of Migrants

The minister highlighted that Brussels has requested a further 98.5 billion euros in contributions from the member states, which is fifteen times the total annual personal income tax revenue in Hungary and roughly equals the entire annual Hungarian state budget….

Government to Abolish Price Caps Starting August, Introduces New Measures to Help Young Couples Start a Family

Minister Gulyás announced that the maximum amount of the childbirth incentive loan (Babaváró hitel) will increase to 11 million forints. This change will come into effect in 2024 and will apply to couples where the woman is under 30 years…

Gulyás: Utility Cost Reduction Programme Will Remain in Place

After reviewing the energy situation at the cabinet meeting on Wednesday, the government determined that all necessary resources are at its disposal to keep in place the utility cost reduction programme for households with average energy consumption….

Government Sets Sights on the Reacquisition of Major Budapest Airport

The purchase of the airport has been a hot topic in Hungarian politics for the last few years. Now, it has resurfaced again and it seems that the government has serious intentions to buy it back….

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