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.
A tanker reported being struck by a projectile in the Strait of Hormuz on Saturday, Britain's maritime security agency said, after the United States a...
Iran head coach Amir Ghalenoei has accused World Cup co-host the United States of treating his team "very unfairly", saying logistical restrictions ha...
At least three paramilitary troops and three suspected militants were killed after heavily armed attackers stormed a Rangers security compound in Paki...
"I will be president for only a couple of weeks, and then I will resign," Vucic told supporters at a pro-government rally in the capital, Belgrade....
The death toll in the twin earthquakes which rocked Venezuela earlier this week has risen to 1,430, top lawmaker Jorge Rodriguez said on Saturday. Ano...
Iran head coach Amir Ghalenoei has accused World Cup co-host the United States of treating his team "very unfairly", saying logistical restrictions have disrupted the team's tournament.
At least three paramilitary troops and three suspected militants were killed after heavily armed attackers stormed a Rangers security compound in Pakistan's southern port city of Karachi on Saturday, authorities said.
"I will be president for only a couple of weeks, and then I will resign," Vucic told supporters at a pro-government rally in the capital, Belgrade.
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations.
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations.
Tens of thousands of people are still unaccounted for after two powerful earthquakes struck Venezuela. At least 589 people have been confirmed dead and hundreds are believed to be trapped under rubble, as emergency crews and international rescue teams race to respond.
Japan remained on high alert Saturday as Typhoon Mekkhala approached the eastern coast after Typhoon Higos weakened into a tropical depression. Authorities warned of continued heavy rain, flooding, and landslides, according to media reports.
A tanker reported being struck by a projectile in the Strait of Hormuz on Saturday, Britain's maritime security agency said, after the United States and Iran each launched strikes in the worst escalation since they signed their interim peace deal.
Germany and Poland are bracing for sweltering conditions as a deadly heatwave that has gripped Western Europe moves east, with temperatures expected to approach 40C over the weekend.
At least three paramilitary troops and three suspected militants were killed after heavily armed attackers stormed a Rangers security compound in Pakistan's southern port city of Karachi on Saturday, authorities said.
"I will be president for only a couple of weeks, and then I will resign," Vucic told supporters at a pro-government rally in the capital, Belgrade.
The death toll in the twin earthquakes which rocked Venezuela earlier this week has risen to 1,430, top lawmaker Jorge Rodriguez said on Saturday. Another 3,200 people were injured and 3,100 left homeless by the disaster, he added on state television.
Australia said it would double the maximum penalty it can impose on tech firms found to have failed to uphold a groundbreaking social media ban for children, as evidence mounts that the ban has had little effect on teen use.
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations.
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