• 06 May 2024

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Official: Hungary to Rank 4th Globally in Green Energy Storage by 2030

Official: Hungary to Rank 4th Globally in Green Energy Storage by 2030

Hungary is set to have the largest green energy storage capacity in the world by 2030, after China, the US and Germany, a government official said, also noting that its climate protection plan announced in 2020 set the goal of producing 90% of the country’s electricity from green, carbon dioxide-neutral sources by 2030.
Hungary Curbs Gas Usage by 20%, Exceeding EU Target Again

Hungary Curbs Gas Usage by 20%, Exceeding EU Target Again

Hungary last year managed to curb gas consumption by 20% compared to the average of the previous five years, exceeding the 15% target set by the EU for the second straight year, the Energy Ministry announced.
Russian Retailer to Open in Hungary, Promises Prices 20% Below Market Average

Russian Retailer to Open in Hungary, Promises Prices 20% Below Market Average

Russian discount retail chain Mere is planning to enter Hungary, website Haszon learned.
Halsey, Liam Gallagher, Skrillex to Join Headliners at Sziget Fest '24

Halsey, Liam Gallagher, Skrillex to Join Headliners at Sziget Fest '24

Liam Gallagher, Halsey, Skrillex, Janelle Monáe, Raye and Tom Odell are among the nearly fifty acts announced to perform at the Sziget Festival taking place in Budapest from August 7 to 12.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
Opposition DK Aims to Establish 'State of the People' in Hungary

Opposition DK Aims to Establish 'State of the People' in Hungary

The opposition Democratic Coalition (DK) wants to establish “a state of the people” where the powerful in politics and economic life do not lord it over the ordinary public, the party’s MEP said on Monday, at an event closing the launch of the party’s election campaign.

"Historic Date": Gas To Start Flowing to Hungary from Turkey in April

Natural gas will start flowing from Türkyie to Hungary on April 1, so a “historic date is approaching”, the foreign minister said.
Police Reject Complaint About Allegedly Overpriced Chinese Ventilators Bought by Orbán Gov't

Police Reject Complaint About Allegedly Overpriced Chinese Ventilators Bought by Orbán Gov't

Law enforcement investigators have rejected a complaint by opposition Democratic Coalition concerning Chinese ventilators, a party lawmaker said.
Hungary to Lift Cap on Deposit Rates from April 1

Hungary to Lift Cap on Deposit Rates from April 1

The government will phase out a cap on deposit rates from April 1, the national economy ministry said.
Official: Hungary to Rank 4th Globally in Green Energy Storage by 2030

Official: Hungary to Rank 4th Globally in Green Energy Storage by 2030

Hungary is set to have the largest green energy storage capacity in the world by 2030, after China, the US and Germany, a government official said, also noting that its climate protection plan announced in 2020 set the goal of producing 90% of the country’s electricity from green, carbon dioxide-neutral sources by 2030.
Hungary Curbs Gas Usage by 20%, Exceeding EU Target Again

Hungary Curbs Gas Usage by 20%, Exceeding EU Target Again

Hungary last year managed to curb gas consumption by 20% compared to the average of the previous five years, exceeding the 15% target set by the EU for the second straight year, the Energy Ministry announced.
Russian Retailer to Open in Hungary, Promises Prices 20% Below Market Average

Russian Retailer to Open in Hungary, Promises Prices 20% Below Market Average

Russian discount retail chain Mere is planning to enter Hungary, website Haszon learned.
Halsey, Liam Gallagher, Skrillex to Join Headliners at Sziget Fest '24

Halsey, Liam Gallagher, Skrillex to Join Headliners at Sziget Fest '24

Liam Gallagher, Halsey, Skrillex, Janelle Monáe, Raye and Tom Odell are among the nearly fifty acts announced to perform at the Sziget Festival taking place in Budapest from August 7 to 12.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
Opposition DK Aims to Establish 'State of the People' in Hungary

Opposition DK Aims to Establish 'State of the People' in Hungary

The opposition Democratic Coalition (DK) wants to establish “a state of the people” where the powerful in politics and economic life do not lord it over the ordinary public, the party’s MEP said on Monday, at an event closing the launch of the party’s election campaign.

"Historic Date": Gas To Start Flowing to Hungary from Turkey in April

Natural gas will start flowing from Türkyie to Hungary on April 1, so a “historic date is approaching”, the foreign minister said.
Police Reject Complaint About Allegedly Overpriced Chinese Ventilators Bought by Orbán Gov't

Police Reject Complaint About Allegedly Overpriced Chinese Ventilators Bought by Orbán Gov't

Law enforcement investigators have rejected a complaint by opposition Democratic Coalition concerning Chinese ventilators, a party lawmaker said.
Hungary to Lift Cap on Deposit Rates from April 1

Hungary to Lift Cap on Deposit Rates from April 1

The government will phase out a cap on deposit rates from April 1, the national economy ministry said.