Claiming high-value fraud and deception, small investors have filed a report against OTT-One Inc., the company known for its role in the Hungarian state’s ventilator deals around the Covid pandemic.

In mid-February, the Paris Court of Appeal decided to sentence Nicolas Sarkozy, former President of the French Republic, to six months in prison (he

Chinese and Hungarian police officers will conduct joint patrol services in Hungary in the future.

Petty drama or a major confrontation with serious economic consequences? György Matolcsy, president of the national bank, minister of finance Mihály Varga and economy minister Márton Nagy have a personal felud over economic policy. The distribution of roles was done by the Prime Minister; and apparently while it’s Márton Nagy who holds the power to make the big decisions, it’s the other two who are left with the task of handling the consequences, albeit without the means to do so

Our article analyses the choices, role and career of the former president, also exploring the question of when Novák could possibly return to public life. We also discuss whether the presidential pardon scandal has further implications for Prime Minister Viktor Orbán.

What are the Hungarian Air Force’s new multirole combat jets capable of?

Anti-elite sentiments and social dissatisfaction: we analysed the Hungarian results of Ipsos’ 2023 populism survey.

A passenger finds herself accused of defamation after coming into conflict with the airport’s customs officers last year.

It’s almost three years now that Fidesz has been without a party family in the European Parliament. This time should have made it quite obvious to the

The trail leads from the British Virgin Islands to Switzerland, involving Lian Wang, a key figure of the Chinese residency bond business. The company represented by Wang invested about three billion forints into two companies owned by the children of Sándor Kertész, an associate of the leader of Fidesz’s propaganda machine, Antal Rogán. Entering under strange circumstances, the Chinese businessman left the companies soon after, leaving behind billions in assets.

It was not general practitioners’ refusal to sign the contract that turned the transformation of the medical duty system into a scandal, but the resistance of local residents, as they were very much satisfied with the old, well-functioning system. Now the village of Tahitótfalu and its surroundings have joined forces to prevent the transfer of the Tahitótfalu medical duty service site – which had been providing service to seven municipalities – to Szentendre. The local GP believes that reforming the duty system is indeed necessary, but the current restructuring represents a significant setback in healthcare in many places, including Tahitótfalu.

On a regional level, Hungary has fallen behind in competition due to taxes, meaning that Hungarian prices will remain in the middle range.

South Korean company Bumchun had received several billion forints in state support for job creation. The firm since decided to part with several dozen leased employees, most of them being Hungarians – with the intention of employing Vietnamese workers in their stead. Reaching out to 24.hu, the firm claimed to still go above and beyond when it comes to their job creation commitments 

Hungary’s MPs publish their 2023 asset declarations.

Despite the on-going Article 7 procedure against Hungary, a Finnish representative has been gathering signatures in the European Parliament with the intention to initiate it once again. Actually, Article 7 entails two distinct procedures, but the Finnish MP’s efforts alone will not launch the second one.

According to a legislative proposal by the Prime Minister's Cabinet Office, "digital companies" performing certain activities could obtain special status if more than 60 per cent of their workforce consists of foreigners (non-Europeans).

The Ministry of Interior has disclosed the salaries of Sándor Pintér and his secretaries of state, revealing that there had actually been a salary increase last year.

Last December’s amendments regarding the capital's election system have caused confusion amongst the opposition’s ranks: despite winning over Budapest in 2019, there is currently such turmoil among the parties that even the basic line-up for the June elections is unclear.

The renaissance of retail government securities has caused horrendous interest costs – the government is aiming to put an end to this era, but what is to be expected in its stead? Why would the state need further debts in foreign currencies, and what are the risks involved?

Lakeside villas to replace former MÁV holiday resort in Zánka – Minister for National Economy Márton Nagy’s shadow looms in the background The former

What’s behind the difference in urban and rural voting patterns?

Unsatisfied with a monthly salary of 5 million HUF, László Palkovics undertakes the role of CEO at another state-owned company to receive an additional 3 million forints since January, 24.hu reveals. At several state-owned companies, the average salary exceeds 1 million forints, while at the largest employers, such as the Hungarian Post and long-distance bus provider Volán, the average employee earns less than HUF 400 000.

The former gas fitter entered the realm of billionaires only a decade ago and went on to become Hungary’s richest person in an unprecedentedly short time. We explored the milestones along his path to billion-dollar deals and a 62-meter luxury yacht.