economic crisis in Hungary

30/12/2022

Hungarian government dedicated to keeping household utility bills low

The protracted war and the "sanctions-fuelled energy crisis" are a threat to Hungarian families, economy and jobs, the government said. #Hungary #government #budget #jobs #economy #household #budget
28/12/2022

Hungary will take a lot of foreign currency loans in 2023

If everything goes as the government planned, the rate of foreign currency loans in the budget will continue to increase. #Hungary #Hungarian #foreigncurrency #loan #budget #statebudget #dailynewshungary
28/12/2022

Brutal price rise in the Budapest baths from January – we show a trick to bypass it

Budapest Hévizei és Gyógyfürdői (Budapest Spas cPlc.) announced its new ticket prices in effect from January. #Hungary #Hungarian #Budapest #baths #tourism #travel #dailynewshungary #useful
27/12/2022

Fiscal Council raises no objections to draft budget amendments, Matolcsy’s signature missing

The Fiscal Council raised no objections to the government's draft of amendments to the 2023 budget, but...
27/12/2022

Not the usual post-holiday sales expected in Hungarian shops this year

The post-holiday sales season is starting on 27 December, but it may not offer as many discounts as shoppers had hoped. #hungary #dailynewshungary #holiday #sales
27/12/2022

Significant support for the Hungarian tourism sector

Government support for Hungarian tourism sector:
27/12/2022

Hungarian President Novák: Our relationship with Orbán is equal and fair

Christmas interview with Hungarian President Katalin Novák:
27/12/2022

Orbán: we have no interest in severing all economic ties with Russia – interview

"...Ukraine can fight only as long as the United States supports it with weapons and money... so if the Americans want peace, there will be peace," PM Viktor Orbán
24/12/2022

Government rewriting Hungary’s 2023 budget due to the crisis

The government has submitted a draft budget amendment to the Fiscal Council, the finance ministry said on Friday. #Hungary #Hungarian #government #dailynewshungary #budget
24/12/2022

Hungarian independent fuel stations get money from the government before Christmas

The transfer of the last motor fuel price cap relief for independent petrol station operators has started, the government said. #Hungary #Hungarian #dailynewshungary #fuel #fuelstation #government
23/12/2022

The price of this Budapest public transport service will double in 2023!

This Budapest public transport service has been relatively cheap since its start in 2014 but will cost 100 percent more from 19 January #Hungary #Hungarian #Budapest #travel #tourism #bike #bikesharing
23/12/2022

Hungary’s forint will break the 400 HUF/EUR exchange rate level by Christmas?

The Hungarian forint is strengthening again: will it break the dream limit by Christmas and go below 400 HUF/EUR? #Hungary #Hungarian #forint #dailynewshungary #economy
22/12/2022

Here is the new minimum wage in Hungary from 2023

Representatives of employers and unions signed an agreement on next year's minimum wage rise on Wednesday. #Hungary #Hungarian #dailynewshungary #economy #work #wage
20/12/2022

Finance Minister explains why the Hungarian economy is strong

We have heard a lot of negative news about the Hungarian economy, here are some encouraging data from the Finance Minister:
20/12/2022

Hungarian central bank has decided on the base rate

The decision was in line with expectations:
19/12/2022

Inflation in Hungary to be even higher in 2023: it is slowing but not stopping

At present, 13-14% of the population may have daily subsistence problems. Next year, the poor will face even more severe poverty. #hungary #dailynewshungary #inflation #2023 #prices #money #poverty
16/12/2022

Hungary’s inflation is the highest in the European Union

Eurostat shared the latest inflation data but it is not good news for Hungary even though it shows a lower rate than what people feel. #Hungary #Hungarian #inflation #economy #crisis #EU #EuropeanUnion
16/12/2022

Minimum wage in Hungary to reach EUR 573 next year

A forum of representatives from unions, employers and the government reached an agreement on Thursday on next year's minimum wage rise #Hungary #Hungarian #salary #minimumwage #economy #government
14/12/2022

Government not to extend repayment moratorium

The government will not extend the current moratorium on borrowers' repayments, which is set to expire on December 31 #Hungary #Hungarian #government #moratorium #loan #debt
13/12/2022

Government extends price caps on basic foodstuffs in Hungary

Hungary's government has decided to extend the price caps on basic foodstuffs, the agriculture ministry said in a statement on Tuesday. #Hungary #Hungarian #agriculture #dailynewshungary #food #useful