BUDAPEST (Reuters) - Food price controls launched by Prime Minister Viktor Orban went into effect in Hungary on Monday after inflation hit the highest level in the European Union, potentially denting ...

The European Commission has urged Hungary to withdraw mandatory limits on profit margins applied to a wide range of food and non-food goods. In a statement issued on 11 December, the Commission said ...

Hungary will restrict profit margins on 30 food items from mid-March until the end of May. Retailers’ margins cannot exceed 10%, announced Prime Minister Viktor Orbán on the government’s website today ...

Hungary implemented profit margin restrictions on 30 food items from mid-March. Credit: non c/Shutterstock. The EU has initiated “infringement procedures” against Hungary over its mandatory caps on ...

There are several important things to keep in mind when dining at Peter’s Budapest Café, a new Hungarian restaurant in Scottsdale. Prepare to eat heartily, and heavily. One of the hallmarks of ...

Hungary plans to impose profit curbs to contain soaring food prices that led to a resurgence of inflation a year before crucial elections. Profit curbs on retailers are a first step that may ...