News in Brief
Government announces support scheme for energy-intensive SMEs
The scheme, which will run from Oct. 1 until the end of 2023, is aimed at supporting operating costs and investments.
Márton Nagy
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News in Brief
Minister slams "misleading communication” in connection with farmer loan moratorium
Márton Nagy said the moratorium had been introduced to assist farmers with “the sudden burden” of facing extreme weather conditions.
News in Brief
Nagy: Global factors account for 80% of Hungarian inflation
The economic development minister said inflationary tensions were growing, and he also spoke of the risk of a recession.
News in Brief
Nagy: Government introducing tax on extra profits
Márton Nagy said this year the fund will be worth HUF 800 billion (EUR 2.04bn), while next year it will reach HUF 1,000 billion.
News in Brief
Nagy: Government will raise HUF 800 billion from new windfall taxes
Hungary’s government will raise around HUF 800 billion (EUR 2.06bn) over the next two years from new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines.
News in Brief
Nagy informs Banking Association about government’s decision to cut extra profits
Márton Nagy said Hungary must work to stay out of the war in Ukraine and protect the financial security of families.