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…
Hungary slaps 95% windfall tax on oil and gas company MOL
One day after the Hungarian government ended, with immediate effect, the cap…
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…
German gas companies sue Russia’s Gazprom for breach of contract
Two German natural gas importers are demanding compensation from Russian state energy…
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…
European Commission proposes freezing €7.5 billion of Hungary’s cohesion funds
The European Commission has adopted the Hungarian recovery program, paving the way…