economic crisis in Hungary

07/10/2022

The newest victim: one of the most popular Hungarian hotels closes

The "unfavourable external circumstances" brought them to their knees - after 40 years of operation. #hungary #dailynewshungary #hotel #sopron
05/10/2022

Fuel prices to increase again in Hungary significantly!

Fuel prices continue to increase in Hungary. Today, they grew more than ever since early-summer and on Friday we should expect an additional growth. #Hungary #Hungarian #fuel #dailynewshungary #crisis #economy #useful
05/10/2022

Tenants face prohibitively expensive rental prices in Budapest

Rental prices increased again in Budapest significantly because of the double-digit inflation and the interest rates of the state bonds.  #Hungary #Hungarian #rent #Budapest #dailynewshungary #money #useful #rentalprices #landlord #tenant
04/10/2022

We have a bad news! Hungary’s recession is unavoidable

All the current problems in the world slowly add up and Hungary's future does not look bright at all. A huge recession is underway:
02/10/2022

This is why Hungarian forint is the most vulnerable in the region

Compared to the regional foreign currencies, the Polish zloty (PLN), the Czech koruna (CZK) or the Romanian leu (RON), the Hungarian forint performed badly this year. Here is why. #Hungary #Hungarian #dailynewshungary #forint #economy #currency
02/10/2022

Despite the economic crisis, Hungarian pensioners get extra money

Pensioners will receive their pension premiums to offset inflation between November 10 and 15, Prime Minister Viktor Orbán said #Hungary #Hungarian #dailynewshungary #pension #money #economy #economiccrisis #crisis
01/10/2022

Green party would help local governments

Opposition LMP, Hungary's green party, on Friday said it wants local councils to be able to buy energy at capped prices. #Hungary #Hungarian #localgovernments #LMP #gas #pricecap #economy #crisis
01/10/2022

Domestic food is more expensive in Hungary than foreign food: why?

Who would have thought that Hungarian trappista cheese would cost more in Hungary than French brie cheese? #hungary #dailynewshungary #food #inflation #prices #money
30/09/2022

Soros raking billions in extra profit, Hungarian opposition financed by the US, says Orbán

Large shareholders of energy companies, "starting with [financier] George Soros, are raking in billions in extra profits", he said. #Hungary #Hungarian #GeorgeSoros #dailynewshungary #America #opposition #energy #energycrisis #interview #ViktorOrbán
30/09/2022

440HUF/EUR by year-end? And what should we expect in 2023?

Here is what the experts think about the future of the Hungarian forint. #Hungary #Hungarian #forint #dailynewshungary #currency #economy
30/09/2022

Energy crisis: Budapest Municipality will not close down anything, says Karácsony

"Let me tell you, the metropolitan council will not close down anything," Gergely Karácsony said. #Hungary #Hungarian #mayor #Budapest #dailynewshungary #localgovernment #Székesfehérvár
30/09/2022

The Hungarian government plans to buy spyware from Israel

The Hungarian government is planning to buy another spyware. #hungary #dailynewshungary #spysoftware #pegaus
29/09/2022

Inflation peak unseen since 1996 is expected to hit Hungary

Inflation has not been this high in Hungary since 1996. #hungary #dailynewshungary #inflation #money #economy
28/09/2022

A positive change coming for the Hungarian real estate market?

There might be a positive turn-around for the Hungarian housing market. Lower apartment prices are forecasted.
27/09/2022

Hungary’s car industry output up 13 pc in first seven months of 2022, says minister

Output of Hungary's automotive industry rose by 13 percent to EUR 16.2bn in the first seven months of the year
27/09/2022

Hungarian central bank surprises everyone with another drastic base rate hike

22-year record broken! Central bank decision also affected the forint exchange rate:
26/09/2022

Hungarian government offering partnership to municipalities

"Hungary's 25 largest cities would face an extra burden"
26/09/2022

Forint at a new low against the dollar

What will happen to you Hungarian Forint?
25/09/2022

RTL: Unemployment will increase significantly by end-2022 in Hungary

Restaurants, shops, baths, and cultural institutions close one after the other in Hungary because of the skyrocketing energy prices. #Hungary #Hungarian #economy #unemployment #dailynewshungary #EuropeanUnion #EU
24/09/2022

Gloomy prospects: government calculates with 20% inflation

Mihály Varga, Hungary's minister of finance, talked about the Hungarian economy's gloomy future at a conference in Szeged. #Hungary #Hungarian #inflation #dailynewshungary #Szeged #economy #government #financeminister