Tag: european_commission

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Commission tightens medium-term budgetary objective for Hungary

April 15, 2019, 11:30 am
A new type of fiscal disciplinary action by the European Commission has been in progress against Hungary for almost a year now. Prime Minister Viktor Orbán’s government, however, has not budged so... 

EU to start probe of Hungary's 'slave law'

April 8, 2019, 2:47 pm
The European Commission is starting an investigation into Hungary’s new overtime work law adopted last December which came to be known as ‘slave law’, for the cabinet’s failure... 

EU grants Hungary EUR 105 million for Budapest ring road upgrade

April 2, 2019, 2:59 pm
The European Commission has on Tuesday adopted a 4 billion euro investment package for 25 large infrastructure projects across ten member states. Hungary is one of them, as it will receive EUR 105.5 million... 

EU to co-finance joint defence projects worth EUR 500 million

March 19, 2019, 4:05 pm
The European Commission has on Tuesday adopted work programmes to co-finance joint defence industrial projects in 2019-2020 worth up to 500 million euros. A further EUR 25 million have been earmarked to... 

Orbán Fidesz party is facing expulsion from EPP family

March 5, 2019, 5:27 pm
Hungarian Prime Minister Viktor Orbán crossed a "red line" when his government targeted Jean-Claude Juncker, the president of the European People's Party (EPP) said. Hungary’s ruling Fidesz party... 

Evil Brussels funds Hungarian road construction project

March 5, 2019, 5:08 pm
The unscruplulous European Commission would not net Hungary build roads all by itself, so it has decided to contribute a handsome sum of money for the construction of a section of the M8 expressway. And... 

Commission disappointed with Hungarian reforms

February 28, 2019, 4:01 pm
Hungary needs to step up its efforts to boost its competitiveness and productivity because at a shrinking labour supply this is the only way it can maintain convergence to bring its living standards closer... 

Hungary launches new anti-Brussels, anti-Soros campaign

February 20, 2019, 11:43 am
Hungarian Prime Minister Viktor Orbán’s government has launched yet another taxpayer-funded campaign earlier this week, accusing Brussels of promoting migration plans that “threaten Hungary’s... 

EU sees much slower growth in Hungary in 2019 than cabinet

February 7, 2019, 11:52 am
Whereas the European Commission retained its upwardly revised (Nov18) 2019 GDP growth estimate for Hungary (to 3.4% from 3.2% previously), the new projection is still greatly behind the Hungarian government’s... 

EU takes next step against Hungary for criminalising asylum-focused NGOs

January 24, 2019, 3:07 pm
The European Commission has today decided to send a reasoned opinion to Hungary concerning legislation that criminalises activities that support asylum and residence applications and further restricts... 

EU sends Hungary a bunch of warnings

January 24, 2019, 3:03 pm
In its monthly package of infringement decisions, the European Commission is pursuing legal action against Member States for failing to comply with their obligations under EU law. The EU executive has... 

Hungary gets extra HUF 90 bn Christmas package from Brussels

December 21, 2018, 3:56 pm
The European Commission has transferred a further HUF 91 billion to Hungary over the past two days, according to Portfolio's calculations, on top of the HUF 308 bn the EC transferred in the first two weeks... 

EU calls on Hungary again to implement fiscal adjustment

December 5, 2018, 11:34 am
As the Hungarian authorities have disregarded the European Commission’s recommendations, it is now the Council of EU finance ministers (ECOFIN) that urges Hungary to implement efficient measures... 

EU tables new plan to fight for ‘climate neutrality’ by 2050

November 28, 2018, 3:18 pm
The European Commission announced on Wednesday its intention to achieve a climate neutral economy 2050. The EU executive has adopted a strategic long-term vision for a prosperous, modern, competitive and... 

Commission insists Hungary should take corrective steps in 2019 too

November 21, 2018, 2:44 pm
The European Commission has issued on Wednesday a recommendation for Hungary of an annual structural adjustment of 1% of GDP in 2019. For Hungary, the Commission has established that “no effective... 

Commission opens infringement procedure against Hungary

November 8, 2018, 4:08 pm
In its monthly package of infringement decisions, the European Commission has opened an infringement procedure against Hungary, calling on the country - and another seven member states - to correctly transpose... 

EU sees higher growth in Hungary in 2018, 2019, slowdown afterwards

November 8, 2018, 2:20 pm
The European Commission has revised its 2018 GDP growth estimate for Hungary to 4.3% in its Autumn Forecasts from 4.0% projected in the spring. The EC has also turned more upbeat about the country’s... 

Scrapping of seasonal time changes in EU seen delayed

October 24, 2018, 5:26 pm
European Union member states may scrap summertime clock changes as of 2021 instead of 2019, according to a draft legislative proposal seen by Bloomberg. The European Commission proposed last month to... 

Commission nods on Hungary's state aid to BorsodChem

September 28, 2018, 2:06 pm
The European Commission has found Hungary's 45 million euro investment aid to chemical company BorsodChem Zrt to be in line with EU State aid rules, the EU executive announced on Friday. “The... 

Commission reveals how it plans to put an end to seasonal clock changes

September 13, 2018, 10:03 am
The European Commission is proposing to end seasonal clock changes in Europe in 2019, giving Member States the freedom to decide once and for all whether they want to permanently apply summer- or wintertime.... 
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