economic crisis in Hungary

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
04/03/2024

Hungary’s economy minister admits inability to keep deficit below target by 2024 🔄

It seems that the deficit below 3 percent was just a dream, the Hungarian government cannot keep it low
26/02/2024

How the Hungarian government plans to boost the country’s GDP growth rate

The Hungarian government has a clear plan for boosting the country's GDP growth rate. But what is the their strategy? #Government #Labour #Work #GDP
13/02/2024

Hungarian businesses receive hundreds of millions of euros for development

Hungary's government will next week announce a business development scheme and one aimed at boosting the labour market activity rate #economy #government #business #EU #EuropeanUnion
09/02/2024

Hungarian forint hit another historic low!

Hungarian forint on a downslope again #forint #economy #ViktorOrbán #Czechia #Poland
09/02/2024

Hungary inflation falls below psychological barrier

Inflation fell below psychological barrier in Hungary
08/02/2024

Important and positive figures from the Hungarian Ministry of Finance

The Hungarian Ministry of Finance came out with important and positive figures, which is welcome compared to last year's disastrous year
08/02/2024

Hungarian forint fell sharply in the last few days, but today there is hope

The Hungarian forint is having a terrible time, but maybe today will give Hungarians a glimmer of hope:
05/02/2024

Hungary’s balance of trade improving

Good news from Hungary's economy #economy #trade #statistics #KSH
30/01/2024

Foreign visitors kept Hungary’s tourism sector above water

Guest nights at commercial and private tourism accommodations in Hungary rose by 12.8 percent to 2,675,000 in December #tourism #guestnights #statistics #data
30/01/2024

Jobbik-Conservatives protests against import of guest workers

The parliamentary group of the opposition Jobbik-Conservatives party on Monday held a protest against the import of foreign guest workers to Hungary in front of the […]
28/01/2024

Hungarian forint the weakest this year; decline may continue due to national bank decisions

The Hungarian forint was the weakest this week in January, but more decline may come because of the Orbán cabinet's policy changes. #forint #economy #Orbángovernment #MNB #nationalbank
26/01/2024

Jobless rate in Hungary higher than in January 2023

Bad news from Hungary's economy came #economy #jobless #work #workforce #labourshortage
24/01/2024

Foreigners replace Hungarian workforce in Hungary

Foreign workers increasingly replace Hungarian counterparts across various sectors. Even if they are not cheaper, they still possess advantages. #workforce #economy #crisis #investment #Asia #SouthKorea #Vietnam #Indonesia #Phillipines