Economy

Latest Economy News

Hollywood’s love affair with Hungary leads government to expand movie studio outside Budapest

The Hungarian government is financing the largest movie studio expansion to date…

Dénes Albert Dénes Albert

Hungary slaps 95% windfall tax on oil and gas company MOL

One day after the Hungarian government ended, with immediate effect, the cap…

Dénes Albert Dénes Albert

Hungary suspends fuel price cap, blames new EU sanctions for rising fuel costs

The Hungarian government has been forced to suspend its price cap on…

Dénes Albert Dénes Albert

German gas companies sue Russia’s Gazprom for breach of contract

Two German natural gas importers are demanding compensation from Russian state energy…

Dénes Albert Dénes Albert

Doom and gloom: Consumers pessimistic about 2023; expect inflation, taxes, and unemployment to rise

Consumers across the globe are pessimistic about both their country's and their…

Thomas Brooke Thomas Brooke

European Commission proposes freezing €7.5 billion of Hungary’s cohesion funds

The European Commission has adopted the Hungarian recovery program, paving the way…

Dénes Albert Dénes Albert