Hungary

Hungary takes on Big Pharma: Orbán government pl…

May 21, 2025 Steve Allen 0

In keeping with Viktor Orbán’s history of intervening in the market, the Hungarian government may now put a profit cap on medicines.to reduce the price of pharmaceutical products for Hungarians. Hungary’s economic minister, Márton Nagy, […]

Hungary: Average gross salary up 8.5% as governm…

May 20, 2025 Steve Allen 0

In March 2025, the gross average salary of full-time employees was HUF 714,400 ($1,996), and the net average salary was HUF 490,400 ($1,370). The gross average salary was up 8.5 percent, or HUF 56,000, while […]

Hungary’s parliament votes to quit International…

May 20, 2025 Steve Allen 0

The Hungarian National Assembly voted for Hungary’s exit from the International Criminal Court (ICC), and as a result, the government will soon notify the UN Secretary-General today in Budapest. Orbán’s government made headlines when it […]

Battle of the forign ministers: Hungarian FM say…

May 16, 2025 Steve Allen 0

Hungarian Foreign Minister Peter Szijjártó said in a recording posted on social media that Sikorski is a “pro-war politician” who is a “Hungarophobe,” reports Do Rzeczy. At the meeting of NATO foreign ministers, which took […]

Orbán scores major victory after Chinese auto gi…

May 16, 2025 Steve Allen 0

The Hungarian government is taking a victory lap after scoring a deal with Chinese EV giant BYD, which is increasingly eating into the global share of automobile sales. After Hungarian Foreign Minister Péter Szijjártó signed […]

Hungary’s profit cap on food has sparked competi…

May 15, 2025 Steve Allen 0

Hungary’s margin cap, which caps the amount of profit supermarkets can earn selling food, will be extended to drugstores as of May 19, with the allowed margin on toiletries set at 15 percent. Plans call […]

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