Hungary set to outperform average EU GDP

According to a current report by economic and financial analysis firm ING, Hungary is poised to exceed...

Budget deficit 122 pc / 2019 FY target, Finance Ministry confirms

Hungary's cash flow-based budget, excluding local councils, ran a 1,219 billion forint deficit (EUR...
péterfy hospital Budapest Hungarian health care system

Base wage of health-care professionals up 14 pc from January

Health-care professionals will receive a 14 percent increase in base wages from January, the state...

Orbán cabinet prioritises security, growth and family support in 2020

The government will continue to prioritise security, preserving economic growth and family support in...

Tax burden to decrease further in Hungary?

The government has managed to simultaneously reduce the tax burden while increasing revenues this year,...

Hungary October trade surplus revised down to EUR 479 m

Hungary's October trade surplus was revised down to 479 million euros in a second reading of data...

Defence minsitry: Defence, security to remain Hungarian government priority next year

Guaranteeing Hungary's independence and security will remain a priority for the government as reflected...

Nearly quarter of defence budget spent on development in Hungary

Hungary spent nearly a quarter of its defence budget on development this year, the defence minister said on...

Orbán cabinet: Education spending in Hungary above EU average

The Hungarian government spent 4.9 percent of GDP, above the European Union average, on education this year, which was 645 billion forints...

EC: Hungary does not comply with Council’s budget recommendations

Hungary has not taken action to comply with European Council budget recommendations, the European Commission said in a report released on...