Gergely Gulyás: We Need to Prepare for a Drawn-Out War

Gergely Gulyás stated that the government believes that it is necessary to prepare for a protracted war and that economic difficulties persist due to the sanctions. He added that Hungary’s position is clear: Hungary condemns Russian aggression and provides humanitarian assistance to Ukraine.

European Green Transition under the Shadow of War 

Some observers believe that the war offers a painful but historic opportunity for Europe to detach itself from fossil fuels more rapidly than planned, and the scarcity of energy will bring the required green shift in societal attitudes, as well as the operation of the economy.

Government Extends Price Caps

The government decided to extend price caps to shield people from the negative impact of the war in Ukraine and of the sanctions imposed on Russia, the minister in charge of the Prime Minister’s Office announced on Saturday.

Analysts Suprised by Hungarian GPD Growth

The Hungarian economy’s second quarter performance has surprised analysts – according to official data, Hungary’s GDP has grown by 6,5 per cent compared to the same period last year.

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The Evolution of Hungarian Climate Policy

Hungarian climate policy affirms the possibility of climate-friendly economic development, where economic development is carried out in a sustainable manner in line with the requirements of climate protection.