Hungarian Prime Minister Viktor Orbán has announced that the government will be introducing a windfall tax on "extra profits" earned by companies in several sectors. The windfall tax is to be temporarily imposed in 2022 and 2023 to generate revenue for two funds that would finance the cost of energy price caps for households and the development of the Hungarian army. According to Economic Development Minister Márton Nagy, the tax will primarily generate revenue from banks and energy companies, with HUF 300 billion expected to be generated from each in both 2022 and 2023. Further, HUF 60 billion is expected...