Hungary
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Oil & Gas
Hungary offers fuel traders 2 weeks to match local average prices
Hungary's federal government is providing fuel traders two weeks to change their rates to the central European average, Economy Minister Marton Nagy was priced quote by the index.hu outlet as telling a news conference on Wednesday. Prime Minister Viktor Orban's government ditched a fuel rate cap in December 2022 after a lack of imports and panic purchasing resulted in sustain scarcities, but guaranteed it would intervene again if fuel rates increased above the regional average. On Tuesday, the nationwide bank said fuel rate margins had actually expanded because the cap was ditched, going beyond not just their previous levels however
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Fossil Fuels
Hungary to help with $156 mln energy jobs in Bosnia ´ s Serb region
The Hungarian federal government settled on Friday to help fund 140 million euros ($ 152. million) of facilities and energy tasks in Bosnia ´ s. autonomous Serb Republic, the region's federal government said in a. statement. The projects agreed by Serb Republic Prime Minister Radovan. Viskovic and Hungary ´ s Economy Minister Marton Nagy include a. waste management program and structure wind and solar parks,. the statement stated. 2 of the tasks were launched by the German government. however it shut them down last year, together with 2 other energy. jobs, mentioning as the factor the secessionist goals of the.