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Hop on a festive train to Vienna and Zagreb’s Christmas markets with MÁV!
01/11/2024
Construction sector seeks financial relief and expanded programs to bolster home building in Hungary
Government schemes supporting home constructions and renovations strengthen the public's confidence, construction industry association ÉVOSZ said. #construction #housing #realestate #property
01/11/2024
Business
31/10/2024
Historic expansion set for M1 motorway in Hungary: 2×3 lane widening project launches
While preparatory activities will undoubtedly impact traffic, steps are being taken to ensure minimal disruption. #motorway #traffic
31/10/2024
Business
31/10/2024
Major shift in Budapest: District council approves ban on short-term rentals, package for affordable housing adopted
The local council of Budapest's District VI, in the city centre, voted on a short-term rental ban from 1 January 2026 at a meeting on Thursday. #property #housing #rents #realestate
31/10/2024
Business
31/10/2024
Forint in uncontrolled decline, crossing multiple lows: when will it stop?
The Hungarian currency even reached the 409 level against the euro today. #forint #euro #money #currency
31/10/2024
Business
31/10/2024
AutoWallis Group opens first Renault and Dacia dealership in Budapest
Listed car seller AutoWallis Group announced the opening of its first Renault and Dacia dealership in Budapest on Wednesday. #AutoWallis #dealership #Renault #Dacia
31/10/2024
Business
30/10/2024
No stopping: Hungarian forint hits another record low after weak GDP report
Today’s GDP report shocked investors, triggering a further plunge for the forint. #economy #forint
30/10/2024
Business
29/10/2024
Forint hits new low: Weakest since 2022 amid economic struggles
The Hungarian forint has plunged to its weakest rate against the euro since December 2022, sparking concern among economists. #forint #euro #dollar #economy #money
29/10/2024
Business
29/10/2024
Fuel prices in Hungary set to soar as government plans new tax hike on gas stations
The government is planning a tax increase that could soon drive up fuel prices significantly in Hungary. #fuel #petrol #diesel #car
29/10/2024
Business
29/10/2024
National Bank of Hungary: Maintaining banks’ strong capital position ‘pivotal
The National Bank of Hungary (NBH) acknowledged a reduction in overheating risks. #bank #finance #report #NBH
29/10/2024
Business
28/10/2024
Chinese EVE Power battery plant IPPC permit submitted in Hungary
China's EVE Power has submitted the application for an Integrated Pollution Prevention and Control (IPPC) permit for a battery plant. #Debrecen #batteryplant #EVEPower #China
28/10/2024
Business
27/10/2024
IMF: Hungarian economy will be a frontrunner in the EU next year
The International Monetary Fund (IMF) forecasts the Hungarian economy will be a frontrunner in the European Union next year, the Finance Ministry said on Friday. #imf #hungarianeconomy #europeanunion #forecast
27/10/2024
Business
27/10/2024
Hungarian forint breaks currency exchange level, additional weakening on the horizon
An exchange rate level above 410/EUR is imaginable due to the external threats and the struggle of the Hungarian economy without EU funds or because of Trump's possible victory. #hungarianeconomy #hungarianforint #forint
27/10/2024
Business
27/10/2024
Romanian press: Orbán’s son-in-law to purchase high-end office building in Bucharest
Do you think this cross-border expansion will benefit both countries, or does it raise questions about transparency and public funds? #Romania #investment #realestate #officebuilding #business
27/10/2024
Business
26/10/2024
Trump’s triumph could mean PM Orbán’s defeat and a government change in 2026
PM Orbán hopes Trump will end the war in Ukraine and lower US and EU pressure on Hungary; however, he may lose the 2026 elections because of Trump. #donaldtrump #viktororban #2026elections #hungarianeconomy
26/10/2024
Business
25/10/2024
After historic lows, Hungary’s forint faces possible further decline with today’s S&P credit rating – UPDATED
Hungary's national currency is struggling and is highly volatile in response to external shocks. It appears though that a Harris administration could help strengthen it. However, the Orbán cabinet is placing all its bets on Trump. Will the forint's future be bleak? #forint #hungarianeconomy #trump #harris #orbancabinet #s&p
25/10/2024
Business
25/10/2024
Addressing Budapest’s housing crisis: Proposal to restrict home purchases by non-EU nationals
What do you think – what solutions would best help address Hungary’s housing challenges? Let us know your ideas below! 🏘 #housingcrisis #realestate #Budapest #tax #rent
25/10/2024
Business
24/10/2024
Budapest’s ticket machines to get a modern makeover, busy flyover renovation begins
The upcoming developments promise a smoother, more convenient travel experience in Hungary’s bustling capital. #Budapest #BKK #tickets #renovation
24/10/2024
Business
24/10/2024
Hungarian finance minister calls for bigger role of development banks in crisis management at G20 meeting
Finance Minister Mihály Varga said international development banks needed to play a bigger role in managing crises. #developmentbank #finance #money #g20
24/10/2024
Business
24/10/2024
Iconic Hotel Gellért undergoes grand restoration with luxury operator set to take over
Once completed, the hotel will be operated by the world-renowned luxury brand, Mandarin Oriental Group. #hotel #Gellért #Budapest
24/10/2024
Business
23/10/2024
Forint plummets to over 403 against euro, hitting 2-year low
On Wednesday afternoon, the Hungarian forint dropped to over 403 against the euro, marking its weakest level since September 2022. #forint #euro #currency #money
23/10/2024
Business
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Hop on a festive train to Vienna and Zagreb’s Christmas markets with MÁV!
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Hungary launches EUR 500,000 humanitarian aid for persecuted Christians through Hungary Helps programme
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PHOTOS: Magical life-sized LEGO tram revealed in Budapest – Here’s where you can see it
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Orbán at Budapest Eurasia Forum: Europe must adapt to Eurasian shift or face decline
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Confirmed: Major Hungarian bank announces significant fee increases
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Hungarian MOL strengthens ties with KazMunayGas to boost Kazakh oil and gas cooperation
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Snowstorm alert: Half of Hungary braces for snow and strong winds
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Ex-US Ambassador: Trump could broker respect between Putin and Zelensky, praises Orbán’s efforts for peace
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Hungary ranks 1st globally for highest cancer death rates, new study finds
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Breaking: A groundbreaking step in Hungary’s wage negotiations for 2025
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