Budapest Business Journal

Péter Magyar (Photo by Róbert Hegedüs/MTI) Listen to the audio version of this article (generated by AI). Listen to the audio version of this article (generated by AI). According to MTI, Magyar confirmed that the party has proposed May 9 for the inaugural session, scheduling it on a weekend to maximize public attendance. He also proposed that parliament elect the prime minister during the inaugural session, with the oath of office to be taken on the same day, a practice not seen since 1990.

Nationally, the average price of garages reached HUF 8.4 million last year, marking a 15.7% increase compared with 2024. Buda districts recorded the highest prices, led by District XII, where buyers paid an average of HUF 10.9 million. In District III, garages sold for an average of HUF 9.34 million, while in District XI the average stood at HUF 8.3 million, according to Gábor Soóki-Tóth, head of analysis at Otthon Centrum. Prices in central Pest districts were somewhat lower.

According to MTI, Tisza Party president Magyar said this agreement was reached in talks with Zsolt Hernádi, chief executive of the oil and gas MOL Group, in the presence of Tisza officials István Kapitány and András Kármán, alongside MOL’s senior management. “MOL has confirmed that Hungary’s uninterrupted fuel supply will be guaranteed, even amid turbulent global market conditions,” he said.

Listen to the audio version of this article (generated by AI). Listen to the audio version of this article (generated by AI). District II followed with 17.1%, maintaining a stable 16–19% range since 2025, while District XII fluctuated between 12.8% and 16.3% but showed an overall improvement. Several traditionally popular Pest districts, such as Districts VII, VIII, and IX, saw declining interest, with District VIII dropping from 14.6% to 11%, the largest decrease in the period.

Image by Shutterstock.com Listen to the audio version of this article (generated by AI). Listen to the audio version of this article (generated by AI). Around 35% of used car listings in Hungary were for vehicles priced under HUF 2.5 mln, some 29% were for cars between HUF 2.5 mln and HUF 5 mln and 24% were for vehicles between HUF 5 mln and HUF 10 mln. Just 12% of asking prices were over HUF 10 mln. Close to 48% of the listings were for gasoline vehicles and 42% were for diesel ones.

According to expert assessments, the proposal amounts to a redistribution-focused tax reform built on a dual logic: reducing the burden on consumption and low-income earners while increasing contributions from higher-income individuals and wealth holders, said Lajos Bagdi, a partner at Niveus. A central component of the plan is a significant reduction in value-added tax, or VAT, on basic food items, cutting the rate from 27% to 5%.

Photo by Shutterstock.com Listen to the audio version of this article (generated by AI). Listen to the audio version of this article (generated by AI). The visit aims to accelerate negotiations on key EU issues, in line with EC President Ursula von der Leyen’s announcement this week. “The clock is ticking for a number of topics,” she said, noting that rapid progress was in both Hungary’s and the EU’s interest.

Listen to the audio version of this article (generated by AI). Listen to the audio version of this article (generated by AI). He joins the lineup alongside previously announced artists such as Zara Larsson, Sombr, Twenty One Pilots, Lewis Capaldi, Florence + The Machine, Skepta, Bring Me The Horizon, and Jorja Smith. With this announcement, the closing day’s main act has now been revealed.

Listen to the audio version of this article (generated by AI). Listen to the audio version of this article (generated by AI). The proportion of stable companies (A–B‑AVG) fell from 70.3% to 65.8% in one year, while the mid‑range AVG group shrank from 157,990 firms in 2025 to 134,279 in 2026, a drop of more than 23,000. The number of companies in the most vulnerable D category jumped from 32,885 to 48,463, an increase of nearly 50% in a single year. Sector‑level deterioration is widespread.

The event focused on the commercial potential of small modular reactors, their role in energy security, and their contribution to decarbonization across CEE. The March 31 event highlighted Hungary’s growing role in small nuclear reactors, the next wave of nuclear energy development in the region, and came at a decisive moment for nuclear energy in Hungary.