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Macro and economic policy

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Energy crisis: record heat, slightly higher Danube, drying streams and ongoing energy and water conservation nationwide
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Energy crisis: record heat, slightly higher Danube, drying streams and ongoing energy and water conservation nationwide

Today, record-breaking heat is being experienced, but the Danube water level has improved, exceeding Sunday’s low point by nearly 10 centimeters, and one block of the Paks Nuclear Power Plant is operational. A positive development is that Hungary will receive the guaranteed Danube water volume guaranteed in international agreements, while Slovakia is prepared to release some additional water. Many organizations across the country are continuing to conserve energy and water due to the heat. We can continue to follow the developments.

Latest Dispatches

Tisza-government: another multi-million dollar contract was terminated with the Lounge group. makro-gazdasagpolitika

Tisza-government: another multi-million dollar contract was terminated with the Lounge group.

Friday was a busy day for Hungarian public administration. Attila Ságodi became the new CEO of Paks II. Zrt., and the minister expects transparency and safety in the investment. In addition, the leaders of the Hungarian Museum of Natural History, the National Széchényi Library, and the Museum of Industrial Arts were dismissed. Amnesty International criticized the Parliament for electing a new member of the Constitutional Court on July 27th, instead of the usual 60 days. An investigation was launched into suspicion of embezzlement due to a tax consultation planned by the previous government.

Portfolio.hu - Gazdaság
A large database will open: anyone can view hospital infection data in Hungary. makro-gazdasagpolitika

A large database will open: anyone can view hospital infection data in Hungary.

Starting in early September, the latest data on hospital infections will become available to everyone. The methodology developed by the National Public Health and Pharmaceutical Center (NPGHC) aims to increase transparency in the healthcare system, prevent infections, and provide the public with accurate and clear information.

Portfolio.hu - Gazdaság
The case involving the "Gondos" watch may continue to develop. makro-gazdasagpolitika

The case involving the "Gondos" watch may continue to develop.

Prime Minister Magyar Peter announced that the government will file a complaint regarding the “Gondosóra” program, which the National Tax and Customs Authority is investigating for suspected budgetary fraud. The program was previously funded by EU funds, but the government removed it from the recovery plan, as it was likely to lose the funds due to budgetary irregularities. The total budget for the program was 110 billion forints.

Portfolio.hu - Gazdaság
Change is unavoidable: the most serious hospital errors in Hungary will be examined in a new system. makro-gazdasagpolitika

Change is unavoidable: the most serious hospital errors in Hungary will be examined in a new system.

Health Minister Zsolt Hegedűs proposes the creation of a national healthcare safety system based on the lessons learned from the incident at the Pécs emergency clinic. The minister emphasized that patient and family feedback should be treated as an important warning sign. He also proposed extending the surveillance of hospital areas with high safety risks to prevent abuse.

Portfolio.hu - Gazdaság
Could the reform of the right to vote be a solution to the economic downturn? makro-gazdasagpolitika

Could the reform of the right to vote be a solution to the economic downturn?

In an opinion piece published at the end of June, I discussed the effectiveness of family support measures, arguing that mothers’ tax exemptions do not help to stop population decline. In his response, Tóth I. János points out that this support should be appreciated, as the demographic crisis is not only caused by a lack of large families. The aim of my article was to emphasize the importance of supporting large families in order to address demographic changes, while also discussing the broader context of family policy.

Portfolio.hu - Gazdaság
The ministry has filed a report in cases involving 10 billion forints: details are provided, including the name Tiborcz István. makro-gazdasagpolitika

The ministry has filed a report in cases involving 10 billion forints: details are provided, including the name Tiborcz István.

The Ministry of Economic Affairs has filed a criminal complaint against an unknown perpetrator for a financing deal worth a total of approximately 1000 billion forints, according to the ministry, which announced this on Friday, one day after revealing the details of the controversial deal uncovered during an internal review.

Portfolio.hu - Gazdaság
Tisza government: will successively dismiss state officials, investigation launched due to the Tisza tax campaign makro-gazdasagpolitika

Tisza government: will successively dismiss state officials, investigation launched due to the Tisza tax campaign

Events continued on Friday following the announcements on Thursday: István Kapitány, Minister of Economy and Energy, replaced Gergely Jákli, the CEO of Paks II Zrt., and his successor will be introduced later that day. In addition, there were changes in the leadership of three national museums. According to leaked information, the prosecution was already concerned about the prestige loss of the gold convoy case in May and has launched an investigation related to the consultation on the tax increase plan of the Tisza Party.

Portfolio.hu - Gazdaság
Storm clouds are gathering over America's financial superpower status. makro-gazdasagpolitika

Storm clouds are gathering over America's financial superpower status.

Last month, Jamieson Greer, a top-ranking official in the United States, criticized Pix, Brazil’s instant payment system, for unfairly disadvantaging companies like Visa and Mastercard. In response, the United States threatened to impose an additional 25% penalty tariff on Brazil.

Portfolio.hu - Gazdaság