MSZP gathers support for road toll parliament session

Parliament

The Hungarian Socialist party (MSZP) collected the required number of signatures for an extraordinary parliamentary session initiated by the party on the planned changes in the road toll system, the party's parliamentary group told Hungarian news agency MTI late yesterday.

According to MSZP’s statement, House Speaker László Kövér will be obliged to summon an extraordinary session, as the motion requires the support of 20% of the 199 lawmakers, and 40 lawmakers from the Socialist party; the green LMP party and independent MPs have already signed the initiative.

The Development Ministry announced last Wednesday that county stickers and a fee would be introduced from January 1, for currently free ring roads which circumvented cities. Hungary’s Prime Minister Viktor Orbán said he is backing the new system and added that it is beneficial for Hungarian citizens.

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75% MNB

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Spar Magyarország Revenue Climbs Close to 16% in 2023 Retail

Spar Magyarország Revenue Climbs Close to 16% in 2023

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.