Tag: economy

No-deal Brexit would hurt EU, says Hungarian foreign minister – BBC News

It is obvious to #Hungary that the #UK must reach a deal with the #EU on the terms of its exit from the bloc #brexit #greatbritain

Hungarian government: Healthcare is not a business

The Hungarian government's position is clear: health care is not a business

Hungary’s gold reserves increase tenfold, reaching historical levels!

Hungary raises gold reserves from 3.1 to 31.5 tonnes!

Orbán: Tourism success thanks to security

"Thanks to #young, internationally successful #entrepreneurs, #Hungary is now appreciated #worldwide"

Outrageous: hospitals have the most expensive parking fees in the country

It is more expensive to park at an average hospital than at Budapest Airport! #Ridiculous. #Hungary #Hungarian #parking #outrage

Hungary’s construction sector output up 24.4 pc in August

For the #period #January-#August, #output was up by an annual 22.6 #percent

Brexit poses extra tasks for tax and customs authorities, says Hungarian finance ministry

"#Brexit will pose significant extra tasks for #tax and customs office NAV" #hungary #hungarian #economy

Hungarian economy minister sees growing opportunities for Hungarian firms in Asia

More and more Hungarian companies will be doing business in Asia, Finance Minister Mihály Varga said on Friday in Bali on the sidelines of an IMF and World Bank annual meeting. After talks with Danny Alexander, head of the Asian Infrastructure Investment Bank, Varga said Hungary will receive direct access to new projects through the bank, enabling Hungarian companies to appear on Asian markets. The bank, which Hungary joined last year, provides cheap financing for projects in Asia worth a combined 1,000 billion dollars, the minister noted. Hungarian firms with a background in water management are most likely to assume ... Read more

Hungary signing the grant agreement with BMW in Debrecen

Government grant for #BMW investment to reap dividends for #Hungary

VAT cut bad for revenues?

Hungary's main #VAT rate is 27 percent, the highest in the EU :/

Orbán cabinet to raise subsidy for parents taking care of permanently sick children

The government will raise the caregiver subsidy for parents tending to a permanently sick child in their homes to a monthly EUR 307

Hungary’s natural gas stores sufficient to cover needs

"Their total #capacity is 4.43 billion #cubic #meters and these are 61 percent full"

Is Debrecen the new Budapest?

#Hungary might not be a unicentric country for long. #Hungarian #Debrecen #development

Orbán: Hungarian government ‘among most stable’ in Europe

Hungary’s government is “one of the most stable” cabinets in Europe, Prime Minister Viktor Orbán told a Hungarian-Turkish business forum in Budapest on Tuesday. The forum, organised by the National Trading House of Hungary, was attended by Turkish President Recep Tayyip Erdogan. In his address, Orbán praised Turkey for having a stable governmental system and a “leader with a strong legitimacy”, and voiced hope that a “cooperation between stable governments will lead to success”. Concerning the Hungarian economy, Orbán called for “radical improvements” in terms of the country’s competitiveness and said that the government would soon adopt an action plan ... Read more

Hungarian consumer prices on an unprecedented rise

The #figure was lifted by higher #prices for #vehicle #fuel, #food and #tobacco

IMF raises GDP growth forecast for Hungary

The #IMF sees #Hungary's #GDP #growth slowing to 3.3 percent in #2019

Government: Residency bond criticism down to ‘Soros’s interests’

The #government responded that it had made big #savings on #interest #payments

HungaryTrends – The previous week in business and finance

The most important Hungarian business and financial news from the previous week

Hungary’s industrial output up 1.5 pc in August

Output grew dynamically in electronics but in the automotive sector it fell at a pace similar to July #hungary #hungarian #economy