economy

28/09/2022

The Hungarian forint’s newest historical low against the dollar

The dollar has never been worth so much to the forint: the weak Hungarian currency has broken another record. #hungary #dailynewshungary #forint #dollar #huf #usd #record #low #currency
28/09/2022

Budapest incapable of covering rising electricity prices that cost extra EUR 490 million

Budapest is incapable of covering its rising energy costs on its own. #hungary #dailynewshungary #budapest #energy #electricity #money
28/09/2022

Lack of EU money is not the biggest problem in Hungary

Economic expert says Hungary could face a wave of bankruptcies and redundancies. #DailyNewsHungary #Hungary
27/09/2022

When guest workers realise life in Hungary isn’t roses all the way

Even though many believe guest workers will be the ones that save the Hungarian economy, it could not be further from the truth. #hungary #dailynewshungary #guestworkers #jobs #work #foreigners #economy
26/09/2022

New German chain has entered Hungary, threatening competition

The product categories sold in the stores are similar to those of Pepco and KiK, which means that competition might be in trouble now. #hungary #dailynewshungary #shopping #stores #pepco #kik #tedi #german #competition
25/09/2022

Leaked: IMF was in Hungary, no record of secret talks with authorities

During the ongoing negotiations with the EU about funds, a new round of talks happened with the IMF. What could be the reason behind it? #hungary #dailynewshungary #funds #eu #imf #money
24/09/2022

Another important food shortage: Hungarian potato at risk

The Hungarian Potato Association is far from optimistic. #hungary #dailynewshungary #potato #food #shortage
23/09/2022

Will Hungary produce railway vehicles in the future?

The government seems to have let go of its dream to revive the Hungarian domestic railway vehicle production.
21/09/2022

Orbán: government meeting today because Brussels botched the sanctions

The Orbán government is holding a meeting today. The PM was not secretive: the reason is "Brussel's botched sanctions". #hungary #dailynewshungary #government #orbán #brussels #sanctions
21/09/2022

Some Hungarian motorway vignettes will become brutally expensive!

Despite the previous statements by the ministry, the regulation which dictates the price of vignettes had been modified.
20/09/2022

Hungarian government is gambling with the price caps – are they going to win?

The price caps stay until the end of the year, and this is what the government hopes to happen.
20/09/2022

Jobbik demands measures against imported labour

#Jobbik: the government should introduce quotas on the labour market and take measures against companies employing guest workers.
20/09/2022

Another victim: One of Budapest’s best gourmet restaurants closes

The restaurant in Újpest opened during the pandemic and is now closing due to unaffordable utility bills. #hungary #dailynewshungary #restaurant #business #economy #utilitybills #expensive #closure
20/09/2022

Price of bread in Hungary has increased three-fold compared to EU average

Hungarian bread prices increased almost four-fold more than EU average in the last year.
19/09/2022

Will one of Hungary’s biggest industrial companies shut down within weeks?

One of Hungary's biggest industrial companies might close down within a week, leaving tens of thousands unemployed...
19/09/2022

Romania will save Hungary from the energy crisis?

As the energy crisis gets more and more severe by the day, Europe might see the light at the end of the tunnel. #hungary #dailynewshungary #europe #gas #romania
17/09/2022

Leaked speech: Orbán said when Hungary should consider leaving the EU

During a Fidesz meeting in Kötcse, Orbán gave a speech on a wide range of topics. Whether Hungary would leave the EU and when was one of them. #hungary #dailynewshungary #fidesz #orbán #economy #europeanunion #ukraine #v4 #government
16/09/2022

Hungarian local governments call for holding national energy summit

Local governments are calling for an energy summit to be held before the start of the heating season to work out a solution to rising energy prices. #hungary #dailynewshungary #energy #localgovernments #winter
15/09/2022

Hungary could soon be among the most advanced EU member states

Hungary's economy is catching up to that of the most developed countries.
15/09/2022

Official: Hungary is not a democratic country, Fidesz disgruntled

The EP passed a report on the state of the rule of law in Hungary today. Fidesz blasted the EP for "still busily attacking Hungary even amid the current crisis". #hungary #dailynewshungary #fidesz #europeanparliament #ruleoflaw #corruption