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Fidesz MEP Shares Details About Upcoming CSOK Plus Scheme

CSOK Plus is an extremely favourable, state-supported loan for families planning to have children or for those who are wish to have more children. It can be used for the purchase of a first common home, or the expansion or…
An anti-Boko Haram demonstration in London in 2015.

State Secretary Attends Opening of Exhibition on Persecuted Christians in London

Speaking at the exhibition, Tristan Azbej highlighted that while Christian communities in the Middle East are still in a difficult situation, the persecution of Christians is most serious in western parts of Africa, with Islamic State and other jihadist groups…

Stellantis’ Major Investment in aiMotive Fuels Hungary’s Automotive Prowess

MFAT State Secretary Levente Magyar stated at a press conference on Monday that Stellantis, which owns fourteen automotive brands, has chosen Hungary as the hub for autonomous driving technology and electrification. ‘We are proud that Hungary…has become one of the…

Dreher Breweries to Invest Over 100 Billion HUF in Decade-Long Overhaul

Next year marks the 170th anniversary of Dreher Breweries, which will embark on its largest-ever investment programme, valued at over 100 billion forints, the most massive development in the history of Hungarian brewing….

Viktor Orbán Announces New National Consultation to Demonstrate Support of Its Policies to Brussels

In his regular interview on public radio, the Hungarian Prime Minister pledged to defend Hungary’s borders, to resist pressure from Brussels aiming to change his government’s policies, insisted that Ukraine cannot win on the battlefield, and announced a new National…

Government Raises Housing Subsidies for Young Couples with New CSOK Plus Scheme

In the framework of the new CSOK Plus scheme, the state provides a loan of 15 million forints (EUR 38,960) for couples raising one child, 30 million for families with two children and 50 million for those with three or…

Government Commissioner Szilárd Németh Takes Firm Stand on Utility Cost Reduction and Universal Service

Németh recalled that since the introduction of utility cost reduction in 2013, Brussels has consistently and aggressively pushed for its termination, even though the programme has resulted in Hungarians paying the lowest household energy bills in Europe….

Minister Navracsics: EU Funds Likely to be Unlocked Soon

The minister explained that the negotiations’ next phase, according to plans, will commence this Thursday. The goal of the government is to start the financing of EU projects as soon as the negotiations regarding the authorizing of the release of…

Privatization of MÁV Vagon: A Major Transformation in Hungary’s Railway Vehicle Industry

Magyar Vagon Ltd. is affiliated with the President and CEO of MOL, Zsolt Hernáda, who, as of the 2023 edition of the list, is the seventh most influential individual in Hungary….

National Bank: Consumer Price Index Expected to Drop by 7–8 Per Cent

The director of the National Bank of Hungary (MNB) András Balatoni explained that the strict monetary policy, decreasing global commodity prices compared to last year, restrained consumption, and market-boosting measures by the government are increasingly exerting a disinflationary effect….

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