Economy

Follow the latest news on the economy in Hungary — investments, inflation, business trends, and key financial developments shaping the country.
windmill wind power wind energy

Hungary bets big on wind: Magyar government unveils ambitious plan to increase capacity tenfold by 2030

euro forint bulgaria hungary eurozone

The Hungarian forint is weakening sharply – what comes next?

mihaly varga Hungary central bank chief

Hungary’s central bank governor sends a strong message about the country’s financial position

Hungary Prime Minister Péter Magyar Mercedes-Benz plant expansion kecskemét

Mercedes-Benz opens Europe’s largest plant in Hungary after EUR 1 billion expansion

The quiet truth about Hungary’s “golden visa” — and why foreign buyers do not actually need it

Tilt ban may give way to sweeping overhaul of guest worker rules: what we know so far

Digital euro? European Parliament’s project is one step closer now

Hungarian forint trying to hold on as markets rattle after global tensions

Finance Minister András Kármán

Finance Minister Kármán: the EU is set to approve Hungary’s RRF plan – billions of euros may arrive soon

Hungary set to join new European tech invesmtent alliance

Hungary to join European investment alliance set to mobilise EUR 80bn for fast-growing innovative tech firms

forint euro exchange currency money

Forint takes a hit: Trump’s Iran warning and Hungary’s budget crisis shake markets

tesco retailer hungary

Breaking: Tesco could leave Hungary after more than 30 years

More than EUR 3 billion in foreign-currency debt raised by Péter Magyar’s government — and with good reason

Trump-condo to be built in metropolis populated by tens of thousands of Hungarians: fresh details from the President’s most important filing

Striking images capture the lifting of an 80-year-old steel railway bridge in Budapest in a single piece

Breaking: Hungary orders complete shutdown of Chinese battery supplier’s Debrecen factory

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Development

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China–Hungary cooperation deepens as Budapest underscores support for Chinese enterprises

China–Hungary cooperation deepens as Budapest underscores support for Chinese enterprises

Hungary tourism 2026 hortobágy

Hungary leaves Austria and Croatia behind as tourism smashes all records in 2025 – latest data

Kyrgyzstan and Hungary open a new economic chapter in Budapest

Kyrgyzstan and Hungary open a new economic chapter in Budapest

Hungary's most infamous roundabout

Hungary’s most infamous roundabout explained: why it leads from nowhere to nowhere – photos, video

Hungarian forint

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Hungarian pharmaceutical giant Richter dismissals

Strong forint’s first victim? Mass layoffs at Hungarian pharmaceutical giant

Hungarian forint state budget historic lows

Hungarian forint breaks records: what lies behind the surge — and can it last?

euro forint inflation economy

Hungarian forint soars to 4.5-year high against the euro: here’s what happened

euro eurozone hungary forint property real estate european union money

Hungary could introduce the euro by 2031 – but workers may pay a heavy price

inflation

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hungarian forint local currencies economic uncertainty hungary price hikes

Price hikes coming to Hungary as government-imposed price caps end

Shopping inflation Hungary

La impactante hiperinflación que sufrió Hungría

hungarian national bank head mihaly varga 2026

Hungarian National Bank head, appointed under Orbán, pledges cooperation with Tisza cabinet – interview

iran war bridge destroyed tehran

Iran war’s devastating consequences for Hungary: soaring energy costs, inflation risks and recession fears

Expats in Hungary

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forint money collector coin central bank tax

Hungary’s 15% flat tax explained: Why expats, workers and investors are paying attention

living in budapest expats cost of living

Cost of living in Hungary in 2026: rent, groceries, transport and monthly budgets

jobseekers labour work employment Hungary jobs in hungary

Jobs in Hungary for foreigners: where to apply, salaries and work permit rules

digital nomad expats budapest white card hungary

Why Budapest is one of Europe’s top digital nomad cities

United States

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Claire's store

What happened? Cherished American brand Claire’s permanently closes in Hungary

forint historic lows

Grave trouble ahead: the forint is the biggest casualty of Trump’s war, with brutal food inflation looming

borgwarner investment oroszlány

Two major US investments announced in Hungary in a single day!

hungary canada export business event budapest

Hungarian companies explore Canada export opportunities at Budapest business event

China

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BYD Hungary Orbán BYD CEO

Is BYD’s Szeged plant a safety risk? Trade body warns spate of deaths on site is highly unusual

Chinese Semcorp

Chinese Semcorp denies pollution as tests reveal contamination 13,000 times above limit: authorities acted swiftly

Temu to become pricier in Hungary

Warning: Temu, Shein and AliExpress to become pricier in Hungary from next week – tricks to minimise cost

Temu online shopping Hungary European Union new tariff China

Does July mark the end of cheap Temu shopping? Hungary to introduce new tariff on products outside of the EU

Russia

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nis russia serbia mol stakes hungary oil

Official: Hungary’s oil giant MOL and Serbia reach agreement on acquisition of NIS

Fico orbán Hungary and slovakia

Orbán and Fico push EU to scrap sanctions, restart Russian oil flows immediately

Zelenskyy ukraine druzhba pipeline war russia

Hungarian delegation member refused to visit Druzhba pipeline for fear of being conscripted

hungarian government

Fuel price cap introduced, Hungary’s energy supply faces a double threat – Government briefing

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