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Thursday 25 May 2017
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EU Laser Research Centre Inaugurated In Szeged
The ELI Attosecond laser research centre was inaugurated in Szeged, in southern Hungary. Speaking at the opening ceremony, Prime Minister Viktor Orbán said the centre was the largest scientific investment in Hungary in modern history. more »
National Bank Of Hungary Keeps Base Rate On Hold, As Expected
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.90 percent at a meeting on Tuesday, as expected. The Council has left the base rate on hold since signalling an end to an easing cycle at a policy meeting one year ago. more »
EC: Substantial Fiscal Effort Needed In 2018 For Hungary To Meet Requirements
The European Commission recommends that Hungary in 2017 and 2018 pursue its fiscal policy in line with the requirements of the preventive arm of the Stability and Growth Pact, which translates into a substantial fiscal effort for 2018, the EC said in its draft country-specific recommendation published on Monday. more »

Energy Regulator Fines Elmű HUF 50mn


Energy Regulator Fines Elmű HUF 50mn
The energy regulator MEKH has fined electricity company Elmű Ft 50 million for failing to incorporate debt collection fees into its terms. more »

Local Opinion: Hungary’s Economy Growing Faster Than Expected


Local Opinion: Hungary’s Economy Growing Faster Than Expected
A pro-government commentator interprets the 4.1 GDP growth in the first quarter of 2017 as a vindication of the government’s economic vision. A left-wing columnist objects that the Hungarian economy’s competitiveness has declined. more »

Hungarian Parliament Amends Advertisement Tax Law


Hungarian Parliament Amends Advertisement Tax Law
Parliament on Tuesday passed a law amendment setting the rate of advertisement tax at 7.5 percent from the second half of 2017. The levy will apply to companies with revenue exceeding a net amount of 100 million forints (EUR 320,000) from July 1, 2017. The bill submitted by the economy minister was passed with 117 votes in favour and 58 against. more »



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