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economic crisis in Hungary
Important
Official: Minimum wage in Hungary to rise in 2025
Hop on a festive train to Vienna and Zagreb’s Christmas markets with MÁV!
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
28/08/2024
Orbán cabinet acknowledges that food prices skyrocketed in Hungary – investigation begins
The authorities have launched an investigation into retail chains that have made parallel and big price increases for basic food produce. #food #government #orbancabinet #economycrisis #hungarianeconomy
28/08/2024
Politics
23/08/2024
It takes almost a year to find a new job in Hungary, KSH said
The number of economically active people increased in Hungary, so it takes almost 10 months to find a new job here. #jobseeker #statistics #ksh #work #labourmarket
23/08/2024
Society
22/08/2024
Bad news: Investment volume fell in Hungary
The Hungarian economy received bad numbers from the KSH. #ksh #investment #economy
22/08/2024
News To Go
08/08/2024
Good news? Budget deficit narrows in Hungary
Hungary's cash flow-based budget deficit narrowed to EUR 6.1bn at the end of July. #budget #economy #government #budgetdeficit
08/08/2024
Business
05/08/2024
Government efforts fall short as Hungary faces sharp rise in food prices
By early summer, inflation trends were already influenced by various factors, both positive and negative. The degree to which consumers perceive inflation as severe is largely shaped by the changes in the food prices, as this is the group whose prices people encounter daily.
05/08/2024
Society
05/08/2024
Significant increase in Hungarian trade surplus: latest data encourages economic growth
Positive signs: here is the latest data on the Hungarian trade surplus
05/08/2024
Business
23/07/2024
Hungarian Police on the verge of bankruptcy? Forensic experts sue for payment
Some telltale signs point to the Hungarian police being in financial trouble.
23/07/2024
Business
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Official: Minimum wage in Hungary to rise in 2025
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Hop on a festive train to Vienna and Zagreb’s Christmas markets with MÁV!
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Hungary launches EUR 500,000 humanitarian aid for persecuted Christians through Hungary Helps programme
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PHOTOS: Magical life-sized LEGO tram revealed in Budapest – Here’s where you can see it
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Orbán at Budapest Eurasia Forum: Europe must adapt to Eurasian shift or face decline
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Confirmed: Major Hungarian bank announces significant fee increases
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Hungarian MOL strengthens ties with KazMunayGas to boost Kazakh oil and gas cooperation
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Snowstorm alert: Half of Hungary braces for snow and strong winds
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Ex-US Ambassador: Trump could broker respect between Putin and Zelensky, praises Orbán’s efforts for peace
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Hungary ranks 1st globally for highest cancer death rates, new study finds
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