economic crisis in Hungary

19/11/2023

Government: Hungary back on growth path

Hungary has returned to a path of growth in spite of the Russia-Ukraine war, the ongoing "political attacks from Brussels, Mihály Varga said #economy #money #war #EU #EuropeanUnion
13/11/2023

No good news as industrial production in Hungary fell by 7.3 percent

Headline industrial output fell by 7.3 percent year-on year...
13/11/2023

Hungary’s construction sector is in big trouble, new official figures show

Here are the latest official data on the Hungarian construction sector: #KSH #construction
10/11/2023

Hungary in trouble? Government sells all Hungarian shares in Austrian bank

The state is selling back a 15 percent stake #Erste #Austria #economy #government
10/11/2023

Wonder? Hungarian inflation below psychological barrier!

The government believes it is one of their victories that the average inflation went below a psychological barrier in Hungary #inflation #economy #government
07/11/2023

Hungarian construction manufacturers are suffering

The government imposed a new punitive tax on the sector and ... #economy #construction
06/11/2023

Six more companies receive support in plant rescue scheme

"Over the past seven years, Hungary's investment promotion system managed the largest number of investment projects compared with other countries of the Visegrad group"
06/11/2023

Unstoppable decline in housing construction in Hungary

The number of housing permits issued in Hungary fell sharply compared to the same period last year:
23/10/2023

This is what former PM Ferenc Gyurcsány said at DK’s birthday event

""The state is not the boss; it's something we create, and..."
23/10/2023

2024 to bring inevitable and brutal price hikes to Hungary

If anyone, we Hungarians know a thing or two about sudden price rises....
16/10/2023

Hungary left behind – We are to be taken over by Bulgaria as well

It seems that not only Romania but also Bulgaria will do better than Hungary this year and in 2024. #bulgaria #romania #economy #recession
10/10/2023

Orbán in trouble? IMF cuts Hungarian GDP forecast

Hungary's budget in trouble? #economy #crisis #government #GDP #IMF #inflation
09/10/2023

Hungarians are the most pessimistic in Europe

The pessimism of the Hungarians and the inflation in Hungary are both Europe-recorders based on Intrum's new research #economy #trade
08/10/2023

Bad news: Hungary’s industry continues to falter

Output of Hungary's industrial sector in August fell by an annual 5.3 percent, after dropping 2.6 percent in the previous month #industry #economy #crisis #government
07/10/2023

Fitch: Hungary will not escape recession, the state budget looks bad

Here is Fitch Ratings' projection about the Hungarian economy and the figures do not look great: the only sure thing is recession #economy #Fitch #economy #crisis
02/10/2023

Economic development minister: Hungarian central bank is operating in cyclops mode

"The central bank is operating in cyclops mode, let's hope it doesn't go blind"
02/10/2023

Vulnerability: forint faces tough months ahead

Because of the economical vulnerability. #Economy crisis #forint #Hungary
25/09/2023

Government to extend mandatory discounts, deposit rate caps

Hungary's government has decided to extend mandatory discounts on food products, a cap on interest rates on deposits of institutional investors and some private individuals #government #pricecaps #
22/09/2023

Market leader Porsche subsidiary introduces the euro in Hungary

The spontaneous euroisation seems to be unstoppable in Hungary: you may see the price of certain car types only in euro. #forint #euro #economy #crisis
22/09/2023

Forint reacts badly to government tax increase plans – UPDATED

There are significant quarrels and clashes between the decision makers of the Hungarian economy and that has a serious effect on the forint #forint #economy #nationalbank #government #Orbán