Business

29/07/2023

Rental season starts in Hungary: these are the cheapest places to rent

The university admission threshold scores were announced on Wednesday evening. With this, the high season on the rental market has begun. #rent #rentalmarket
29/07/2023

Forint closes the week badly, further weakening expected

Forint concludes a week of constant weakening and the next one may bring additional problems due to Polish, Czech decisions #forint #economy #CzechRepublic #Poland
29/07/2023

Experts concerned about Hungary’s falling economy

BNP Paribas and Morgan Stanley have gloomy expectations of the Hungarian GDP. #Hungary #GDP
28/07/2023

Hungarian rail transport in danger: MÁV struggles to serve traffic

MÁV admitted that it was unable to provide the public service ordered and paid for from it. #máv #transport #publictransport #railway #travel
28/07/2023

PHOTOS, VIDEO: Hungary makes trains for Egypt: Russians thrown out of the business!

The largest order ever received by Hungary's transport industry raises hopes of wide-ranging cooperation in African markets, the minister said. #Hungary #Hungarian #dailynewshungary #train #Egypt #industry
27/07/2023

Hungarian FM: Chinese battery maker Sunwoda to build first European plant

"This is the largest investment announced this year," Péter Szijjártó said. #HungarianFM #China #investment
27/07/2023

Hungarian Economic development minister meets Uzbek industry and trade minister

Nagy noted that Hungary and Uzbekistan had agreed earlier this year to set up a EUR 50 million joint strategic equity fund to support Hungarian market players operating in Uzbekistan.... #Uzbekistan #Hungarianeconomic
26/07/2023

Good news for shoppers on mandatory promotions in Hungary: expect even lower prices

Instead of the current 10 percent, grocery stores with a turnover of over HUF 1 billion will have to give a 15 percent discount in the designated categories. #shopping #discount #inflation #money
26/07/2023

Forint unable to stand up: Despite good news, rapid weakening continues

Despite continuous good news for the forint, the Hungarian currency is weakening rapidly. #forint #currency #euro
26/07/2023

Travel at risk: Wizz Air also affected by engine failure

1,200 engines from the Airbus A320 family have to be taken out of service and inspected. Wizz Air is also affected. #hungary #dailynewshungary #wizzair #aircraft
25/07/2023

German analysis: without Hungary’s help, Ukraine’s military would be paralyzed

Handelsblatt says that without Hungarian help the Ukrainian army would not be able to fight against the Russian invadors #Hungary #Hungarian #Ukraine #war #Russia #dailynewshungary #Germany #Poland #fuel #oil
25/07/2023

Hungarian Competition Authority launches procedure against Microsoft!

The Hungarian Competition Authority (GVH) has launched a probe into Microsoft's practices regarding the AI-based chat function of its search engine Bing. #Microsoft #GVH #dailynewshungary
25/07/2023

Hungarian real wages have been falling for nine months – UPDATED

Here is how much Hungarians can take home for their work. But what is that sum worth? #Hungary #Hungarian #KSH #wage #salary #dailynewshungary
25/07/2023

Hungarian annual motorway vignette is the most expensive in Europe

Those who drive less pay more in the Hungarian e-sticker system. #Hungary #Dailynewshungary #motorway #sticker
25/07/2023

Hungary has the 9th-highest growth rate for the GDP per hour worked

GDP per hour worked is a measure of labour productivity:
24/07/2023

Hungary’s budget deficit reaches EUR 7.6bn in June

Hungary's cash flow-based budget balance reached EUR 7.6bn:
24/07/2023

Hungarian finance minister: We need to think about the introduction of the euro

Incredibly, with a very large majority of the Hungarian population in favour of the euro, the government may be moving in the same direction:
24/07/2023

One of the richest Hungarians gave a fortune to PM Orbán’s son-in-law

What is the relationship between PM Orbán's son-in-law and the 7th richest Hungarian man? And why is everyone threatening with legal action? #hungary #dailynewshungary #corruption #orbán #money
23/07/2023

PM Orbán’s secret weapon to get all EU money revealed

Hungary is entitled to receive more than EUR 37 billion, which is now more than 14,000 billion forints, but has received nothing yet. Orbán wants to change that #Hungary #Hungarian #EU #EuropeanUnion #money #EUfunds #dailynewshungary #ViktorOrbán #EuropeanCommission
23/07/2023

National Bank decision: forint may start to plummet next week

Hungary's national bank is preparing for a significant decision next week which will affect the currency exchange rate of the forint #Hungary #Hungarian #forint #dailynewshungary #economy #budget #crisis #nationalbank