News in Brief
Mandatory 10% cap on supermarket profit margins in place
The measure could bring prices of the products down by more than 10 percent.
Ministry of National Economy
M
News in Brief
National Economy Ministry: State-subsidised loans for blue-collar workers now being accepted
André Palóc noted that the zero-interest credit was available to working Hungarians under the age of 25 ineligible for student loans.
News in Brief
Nagy: National Economy Ministry will work to support families and businesses
Minister Nagy said that his ministry wanted to establish an "outstanding cooperation" with the National Bank of Hungary (NBH).
News in Brief
Government supports 5% cap on mortgages for first-time homebuyers
The mortgage cap will be available to first-time homebuyers under 35 from April 1 until October 31, 2025, conditional on purchases of homes no larger than 60sqm at a price...
News in Brief
Government to allow voluntary pension fund savings to be used for home market
More than HUF 2,000bn in savings are in voluntary pension funds, and if "a few tenths" of those savings are mobilised by the measure, it could be considered a "real success", Zsolt Kovács said.
News in Brief
Hungary's petrol prices at the pump are some of the best in Europe
The price of petrol in Hungary averaged 605/litre during the month, HUF 7 under the average in neighboring countries.
News in Brief
Ministry orders probe of airlines that have violated consumer protection rules
The National Economy Ministry has taken measures to put an end to the “airport chaos”.
News in Brief
Strictest possible action will be taken against foreigners working illegally in Hungary
Foreigners can only be employed in a particular job if a Hungarian worker is not available to fill it.