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economic crisis in Hungary
Important
Drivers watch out! 26 fixed speed cameras to be installed in Budapest
Important announcement: Air France and KLM to operate more flights to Budapest Airport in the winter season
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
19/10/2024
Can European leaders do without religious guidance? Hungarian politician does not think so
European leaders will "remain on the wrong path", serving economic interests over communities, without the guidance of religious communities, a state secretary said. #religion #economy #Europe
19/10/2024
Politics
16/10/2024
Orbán government announces action plan with 21 measures, Magyar’s Tisza Party only 2% behind Orbán
An action plan of 21 measures has been announced. #hungariangovernment #orbancabinet #gergelygulyas
16/10/2024
Politics
15/10/2024
Orbán government celebrates success, but Hungary faces its steepest economic decline of the year
The facts are stubborn: industry is in economic decline in Hungary, but the government communicates the opposite...
15/10/2024
Business
14/10/2024
Trade neutrality as an EU member? Fidesz launches ‘National Consultation’ on economic issues
Only one fifth of the people who vote usually fill it in, they are only pro-government, and of course they agree with everything the Government says. Then the Government takes the opinion of this 20% of the Hungarian population as the decision of the Hungarian population....
14/10/2024
Politics
08/10/2024
The EU cannot keep up with China and the US, says Minister Nagy in Geneva
"Not only has the EU failed to take steps to address the matter, but..." #WorldEconomicForum (#WEF)
08/10/2024
Business
08/10/2024
InvestEU guarantees to mobilise close to EUR 1.49bn of SME credit
European Union credit guarantees in the framework of the InvestEU programme will pave the way for outlays of close to EUR 1.49bn for SMEs
08/10/2024
Business
07/10/2024
Modest retail sales growth in Hungary, decreasing trade surplus, but ministry still celebrates
The performance of the Hungarian economy remains questionable, but the ministry is positive about the future:
07/10/2024
Business
04/10/2024
Hungary’s industrial sector struggling, no sign of improvement, recession may come again
Hungary may slide back into recession because of the low domestic consumption, the struggling industry and the underperforming agriculture. #hungarianagriculture #hungarianindustry #hungarianeconomy #economy
04/10/2024
Business
01/10/2024
Hungary’s economic update: rising government deficit, PMI growth, and trade surplus increase
Hungary's government sector had a HUF 1,489 bn (EUR 37m) deficit in the first half! Deficit, PMI, Surplus trade details are HERE:
01/10/2024
Business
30/09/2024
Autumn parliamentary session started – PM Orbán: ‘We’ll transport migrants banging on Hungary’s doors to Brussels’ main square’
Orbán speaks about migration, a strong economy and more at the first sitting of the autumn session:
30/09/2024
Politics
24/09/2024
Hungarian policymakers announce base rate cut
The Monetary Council of the National Bank of Hungary (NBH) decided to cut the central bank base rate by...
24/09/2024
Business
23/09/2024
Hungary aims to reduce deficit with new fiscal measures, reports finance ministry
Hungarian government remained committed to improving balance indicators, read details HERE:
23/09/2024
Business
13/09/2024
Worrying news: July construction output in Hungary drops 6.2%, industrial production declines further
PM Orbán said in his interview this morning that the Hungarian economy is growing, but the figures show something completely different:
13/09/2024
Business
13/09/2024
Orbán against the EU? Hungarian PM: economic neutrality is in Hungary’s interest, not the blocs – Interview
Hungarian PM Orbán has said that it is in Hungary's interest to be neutral on the economy. But how is this possible if the country is a member of the EU? Interview:
13/09/2024
Politics
13/09/2024
IMF backs Hungary’s ambitious EU presidency goals
#IMF Managing Director Kristalina Georgieva in Budapest:
13/09/2024
Business
03/09/2024
Hungarian economy struggles: latest figures reveal significant downturn
The Hungarian Central Statistical Office (KSH) has detailed how the GDP data for April-June were compiled, confirming the worst expectations in the Hungarian economy. The KSH confirmed
[…]
03/09/2024
Business
02/09/2024
Hungarian economy shows disappointing latest data
The market may be pessimistic after the release of the KSH data...
02/09/2024
Business
28/08/2024
Hungarians go shopping abroad because Hungary became too expensive
The Hungarian state loses lots of tax revenues but cannot stop the latest trend: more Hungarians go shopping abroad because it is cheaper. #hungarianeconomy #foodprices #shoopingabroad
28/08/2024
Business
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Hungary calls for stronger nation-state sovereignty in the EU, rejects treaty changes for political power shift
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All Saints’ Day and clock change: Changes to Budapest transport timetables
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National Bank of Hungary: Maintaining banks’ strong capital position ‘pivotal
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Top Hungary news: magnificent castles, new flights to Budapest Airport, 15th-century sword and change in bottle redemption system – 28 October, 2024
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Orbán cabinet: Ill-advised policies jeopardising European Union’s existence
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Drivers watch out! 26 fixed speed cameras to be installed in Budapest
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Fidesz MEP calls out Tisza Party for following EPP line on LGBTQ issues
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Chinese EVE Power battery plant IPPC permit submitted in Hungary
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Hungary’s bottle redemption system: Major change ahead, many consumers furious
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Uzbekistan holds historic parliamentary elections – preliminary results
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