News
Right to repair: New consumer rights for easy and attractive repairs
For many years, it made more sense for people to dispose of a broken or defective product and replace it with a new one, than to have it repaired. This generated a substantial amount of waste and unnecessary resource consumption. This will change, starting on 31 July...
EU AI Act – EU Artificial Intelligence Regulation
Regulation (EU) 2024/1689 of the European Parliament and of the Council introduces comprehensive rules on the use of artificial intelligence in the European Union. The entry into force of the...
Spring tax package 2025 – wide-ranging changes in several tax codes
The Ministry of National Economy has submitted the draft of the spring tax package to the Parliament, which includes amendments to several tax codes. EY experts provide information on the most...
New environmental fines: companies will now have to dig deeper into their pockets
From May 2025, companies will be subject to significant fines under amendments to the regulations governing licensing, air protection, noise protection, waste management fines, and surface water...
Hungarian-Saudi Business Forum
The Hungarian Chamber of Commerce and Industry (MKIK) aims to involve Hungarian companies in the dynamic transformation of the Saudi economy, the government body told MTI in connection with the...
Sándor Demján Program Boosts SME Lending in Hungary
Minister of National Economy Márton Nagy said the Sándor Demján Program, launched by the government to scale up local SMEs, is "progressing well," at a press conference in Budapest, on 30th...
Dark patterns are spreading in e-commerce – and official action against them is also more frequent
Urging, pressuring, hiding costs or “trickling” them – dark patterns are increasingly being used in commerce, and not only in the online space. The competition authority has also condemned companies...
EY: Brand loyalty is on the decline – almost only the price-value ratio matters
Consumers around the world are concerned about the rising cost of living, which is having a dramatic impact on their purchasing habits, according to EY’s latest international survey of more than...
New EU guidelines help prepare for the application of the EUDR
The European Commission has published new guidance and frequently asked questions to support the practical application of the EU Regulation on the marketing of deforestation-free products (EUDR)....
NMHH: Majority of Young Hungarians Welcome Emergence of AI
The National Media and Communications Authority (NMHH) has carried out a study surveying the views of 13-16-year-olds on AI and AI-generated content, the authority’s communications directorate said...
