economy

18/11/2024

Orbán cabinet: 2025 budget to strengthen families, businesses

Next year's "new economic policy" budget is based on a policy of economic neutrality, Finance Minister Mihály Varga said in an interview with public radio broadcast on Sunday. #budget #finance #economy #family #business
11/11/2024

How PM Orbán’s tax treaty plans could benefit Hungarian expats in the U.S.

🇭🇺🇺🇸 The new tax treaty could thus ease the financial burden for Hungarians living in the United States, which could benefit foreigners with investments and income abroad ⤵️
11/11/2024

The Gellért Hotel rebirth: Orbán’s daughter aims to turn it into a luxury hub for super rich Asians

The legendary Gellért Hotel is undergoing a luxurious transformation, and Ráhel Orbán, daughter of Hungarian Prime Minister Viktor Orbán, is leading the charge. Check out our article for more information!
06/11/2024

Varga: Compromise on VAT in the digital age among successes of Hungarian EU presidency

A compromise reached on a package of legislation on VAT in the digital age is one of the “great successes” of Hungary’s presidency of the Council […]
04/11/2024

Surprising new trends that will revive the Hungarian housing market in 2025

The housing market is on the brink of a powerful comeback! What’s driving this unexpected shift and what it means for home buyers and renters? Check out our article for more details!
04/11/2024

BREAKING: OTP Bank shocks customers with fee increases

As we approach 2025, OTP Bank is the first to announce fee hikes after the new government regulations. What does this mean for everyday consumers? Check out or article to find out!
30/10/2024

Have your say! Hungary’s new National Consultation on wages, business, and housing

Time for Hungarian citizens to speak up on the future of the country's policies! The government just launched a nationwide consultation covering a range of key issues. What are these issues? Read our article to find out more!
29/10/2024

Hungarian finance minister highlights growing economic ties with Georgia in Tbilisi meeting

In recent years, agreements on the avoidance of double taxation, the facilitation of customs procedures, the cooperation between tax authorities and the exchange of experiences were concluded.
28/10/2024

Hungary showcases pavilion for Osaka World Expo 2025

The Hungarian pavilion will highlight Hungarian gastronomy, crafts and music, as well as featuring a dedicated area for economic development. #Japan #Asia #OsakaWorldExpo
28/10/2024

Blue-collar wages surge: Hourly pay jumps 13.1% in Q3 in Hungary

The average gross hourly pay rate for blue-collar workers in Hungary climbed 13.1pc. #bluecollar #workinHungary #labour #economy
28/10/2024

PM Orbán to hold talks in Georgia

Prime Minister Viktor Orbán will pay an official visit to Georgia on October 28-29. #government #PMOrbán #Georgia
24/10/2024

Shocking parking fee hike in Budapest: Residents of this district face a staggering 17x increase!

Starting from the 1st of January 2025, Erzsébetváros residents will face a significant rise in parking fees! Read more about the reasons behind the decision and its potential impact here!
23/10/2024

Forint plummets to over 403 against euro, hitting 2-year low

On Wednesday afternoon, the Hungarian forint dropped to over 403 against the euro, marking its weakest level since September 2022. #forint #euro #currency #money
22/10/2024

House frozen in time: Inside Pest County’s abandoned modern villa

Curious explorers ventured inside and found some papers that provided a possible background story of the luxurious villa covered in dust. #economy #housing #PestCounty #villa #architecture
20/10/2024

Polish TVN in the crosshairs: Hungarian TV2 owner plans bold acquisition amid Russian influence fears

Hungarian investors are targeting Poland's top TV station, TVN, sparking concerns over foreign influence and media control shifts.
19/10/2024

Can European leaders do without religious guidance? Hungarian politician does not think so

European leaders will "remain on the wrong path", serving economic interests over communities, without the guidance of religious communities, a state secretary said. #religion #economy #Europe
14/10/2024

Trade neutrality as an EU member? Fidesz launches ‘National Consultation’ on economic issues

Only one fifth of the people who vote usually fill it in, they are only pro-government, and of course they agree with everything the Government says. Then the Government takes the opinion of this 20% of the Hungarian population as the decision of the Hungarian population....
08/10/2024

It’s worth buying property in Hungary: you may even become an EU citizen!

Do you plan to invest your savings in Hungary? #property #realestate #hungaryproperty #budapestproperty #investment
06/10/2024

Orbán: Chinese electric car tariffs a blow to European economy

According to the prime minister, the tarrifs are a huge blow for the European economy and for the automotive industry in Germany. #Orbán #electriccar #China #economy
02/10/2024

BREAKING: Euro/forint exchange surpasses 400

The EUR/HUF exchange rate is dangerously close to 400. #euro #forint #currency #exchange