Hungarian Prime Minister Viktor Orbán announced plans to introduce a pension top-up as part of a wider pre-election spending drive ahead of the 2026 national vote.
Facing the weakest economic period of his 15-year rule, Orbán has already pledged tax cuts, wage rises, and subsidised housing loans despite a stagnating economy.
He told state radio that Hungary’s growth this year would be between 0.6% and 1% — far below initial forecasts — and argued that austerity would not boost the economy. The proposed “14th-month pension” would grant retirees another month’s payment, a move estimated by ING Bank to cost around 0.6% of GDP.
Economists have warned the plan could worsen Hungary’s fiscal position, with Fitch Ratings recently noting that tax cuts and weak growth threaten to slow budget consolidation. Orbán also faces mounting pressure from a new centre-right opposition party that currently leads in most polls.
Iran is seeking a "peaceful" nuclear agreement with the United States to resolve a longstanding dispute but will not compromise on its national securi...
Indian police are investigating a deadly car bomb explosion in the capital under anti-terrorism legislation, an officer confirmed on Tuesday, as Prime...
India has imposed stricter anti-pollution measures in its capital New Delhi and adjoining areas on Tuesday, as the air quality deteriorated to "severe...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 11st of November, covering the latest developments you need to...
Malaysian patrols scoured the Andaman Sea on Monday in search of dozens of members of Myanmar's persecuted Rohingya minority, following the sinking of...
Iran is seeking a "peaceful" nuclear agreement with the United States to resolve a longstanding dispute but will not compromise on its national security, Deputy Foreign Minister Saeed Khatibzadeh said on Tuesday.
Indian police are investigating a deadly car bomb explosion in the capital under anti-terrorism legislation, an officer confirmed on Tuesday, as Prime Minister Narendra Modi pledged to ensure that all those responsible would be brought to justice.
India has imposed stricter anti-pollution measures in its capital New Delhi and adjoining areas on Tuesday, as the air quality deteriorated to "severe" levels, the government body responsible for air quality management said.
Malaysian patrols scoured the Andaman Sea on Monday in search of dozens of members of Myanmar's persecuted Rohingya minority, following the sinking of a boat last week that was believed to be carrying them, with another vessel still unaccounted for.
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Russia said its forces have captured the village of Rybne in Ukraine’s southeastern Zaporizhzhia region, though Kyiv has not confirmed the claim. Ukraine’s military says it repelled multiple Russian assaults nearby amid ongoing heavy fighting.
Iran is seeking a "peaceful" nuclear agreement with the United States to resolve a longstanding dispute but will not compromise on its national security, Deputy Foreign Minister Saeed Khatibzadeh said on Tuesday.
Indian police are investigating a deadly car bomb explosion in the capital under anti-terrorism legislation, an officer confirmed on Tuesday, as Prime Minister Narendra Modi pledged to ensure that all those responsible would be brought to justice.
India has imposed stricter anti-pollution measures in its capital New Delhi and adjoining areas on Tuesday, as the air quality deteriorated to "severe" levels, the government body responsible for air quality management said.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 11st of November, covering the latest developments you need to know.
Malaysian patrols scoured the Andaman Sea on Monday in search of dozens of members of Myanmar's persecuted Rohingya minority, following the sinking of a boat last week that was believed to be carrying them, with another vessel still unaccounted for.
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