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July 5, 2023

  • CURRENT

Public Spending Review Task Force Is Not For Austerity Measures, Ministry of Finance States

The new Task Force set up by the Finance Ministry has been portrayed as a sign of austerity measures to come by the opposition media, however, the Ministry has debunked these speculations in a press release. In their statement, the…
  • Márton Losonczi
  • ‎ —‎ 05.07.2023
  • CURRENT

New Judges Confirmed to the Constitutional Court

Mária Ádám-Haszonics, Zoltán Lomnici, András Patyi, and Réka Varga have all been confirmed to the Constitutional Court by a two-thirds majority vote in the parliament, replacing the four term-limited former justices on the 15-member panel. The Court has the power…
  • Márton Losonczi
  • ‎ —‎ 05.07.2023
  • CURRENT

Hungary Ready to Back Swedish NATO Accession Once Turkey Does So, Péter Szijjártó Says

The Minister of Foreign Affairs stated at a press conference on Tuesday that Hungary will keep its promise of not holding up Sweden’s joining of NATO, thus it is ready to back it once Turkey is. However, a recent incident…
  • Márton Losonczi
  • ‎ —‎ 05.07.2023
  • OPINION

The Risk in Not ‘De-Risking’ with China

‘There is also a way to deal with the world’s largest economy, for the US Dollar (USD) is not going to decline anytime soon. Those who claim that the USD is in decline often argue that for centuries, reserve currencies…
  • Mario Alexis Portella
  • ‎ —‎ 05.07.2023
  • CURRENT

Hungary Can Expect a Great Tourist Season, Tourism Agency CEO Says

In a recent interview with business news site Világgazdaság, Hungarian Tourism Agency CEO Péter Horváth highlighted that the number of guest nights booked by foreign visitors to Hungary is on the rise, while domestic tourism has shrunk, which is in…
  • Márton Losonczi
  • ‎ —‎ 05.07.2023

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