economic crisis in Hungary

22/04/2024

Hungary’s finance minsitry: huge budget deficit of €5.9 billion in March

The Hungarian budget is not in a very good shape. The government has set itself a budget deficit target for the coming years:
19/04/2024

NézÅ‘pont: Europeans shared surprising opinion about the EU’s crisis management

Are you satisfied with the EU's crisis management concerning illegal migration, war in Ukraine? #war #migration #eu #europeanunion
09/04/2024

What is happening here? Hungary’s budget deficit almost reached its full-year target by the end of March

The budget has failed completely, the government continues to repeat that it will reduce the Hungary's budget deficit and public debt...
08/04/2024

Orbán cabinet: State assets double since 2010

"Hungary has doubled the total value of its state assets from 11,600 billion forints to..."
08/04/2024

Hungary doomed to be the assembly line of Europe?

Assembly plants provide many jobs in the country. However, they can signify a weaker economy, too.
05/04/2024

Good news: Hungarian industry sector shows signs of life

Output of Hungarian industry sector slightly grew. #industry #economy #crisis #ksh
02/04/2024

Latest figures from the Central Statistical Office: Hungary has EUR 583 m trade surplus, factory gate prices fall

Factory gate prices in Hungary dropped by an annual 4.3 percent in February, falling for the seventh month in a row after rising for years, data […]
29/03/2024

Fuel price record high in Hungary while forint strengthens

Good Friday saw a record-high fuel price in Hungary, while the forint started to strengthen, which is good news for the Hungarian economy. #forint #fuel #economy #crisis #government
27/03/2024

Shocking: Hungary’s jobless rate is extremely high!

Experts talks about grim prospects. #economy #jobless #workforce #labourmarket
26/03/2024

Hungarian central bank cuts the base rate again

Hungarian central bank rate-setters reduced the base rate by 75 basis points, to 8.25 percent, at a regular policy meeting on Tuesday. The Council also decided […]
25/03/2024

Ambitious plans: these are the economic goals the Orbán cabinet wants to achieve by 2030

In many respects Hungary is in the bottom third of EU countries, but the government has set good goals
25/03/2024

Hungarian budget has collapsed in two months, the deficit is already huge

Only two months of figures for the year and already the Hungarian budget is in trouble...
24/03/2024

Hungarian National Bank to decide the forint’s fate next Tuesday: plummet may follow

Next Tuesday may mark another step towards a weaker forint since the National Bank's Monetary Council will decide about another base rate cut. #nationalbank #mnb #forint #economy #monetarycouncil
19/03/2024

Hungary’s Finance Ministry: 2025 budget planning underway

The Hungarian government was committed to reducing the budget deficit and the public debt to ensure sustainable growth:
18/03/2024

Government rejects SPAR’s ‘false claims’ regarding measures to bring down inflation

Orbán government reacted to the criticisms of the Austrian owner of SPAR supermarkets in Hungary
12/03/2024

Hungarian finance minister: Previously blocked EU funds continue to arrive

The Hungarian economy is in very serious trouble, with inflation and a weakening forint. This is how Finance Minister Varga sees the situation:
11/03/2024

Despite the battles, the central bank says relations between Orbán and Matolcsy are good

On the surface, it seems that there is a clear breakdown in relations between Viktor Orbán and central bank governor Matolcsy, but they deny it.
05/03/2024

Central Statistical Office published devastating data on the Hungarian economy

The Hungarian economy is not in very good shape, and the government finds it hard to explain these figures
04/03/2024

MKIK head: foreign guest workers should be employed in a regulated way to strengthen the economy

According to MKIK head, more jobs can be created by employing foreign guest workers. But as unemployment is very low in Hungary, more guest workers will be needed:
04/03/2024

Orbán: there must always be an entity between Hungary and Russia 🔄

Viktor Orbán's speech on the Hungarian economic strategy, West and East, Russia, Trump, EP elections and the Visegrád Group