economy

15/09/2022

Hungarian agriculture minister: Fighting droughts is a strategic issue

The minister of agriculture called for renewing irrigation canals nationwide, and building new, large reservoirs. #hungary #dailynewshungary #drought #agriculture
15/09/2022

Hungarian opposition: EP approved minimum wage regulations

The European Parliament has approved European regulations on the minimum wage, opposition DK MEP Klára Dobrev said. #hungary #dailynewshungary #mep #europeanparliament #minimumwage #regulation
14/09/2022

Hungarian MEP: European Parliament wants to blackmail, not seek consensus

"At the elections this spring, the Hungarian people said no to the left-wing and lecturing by Brussels," the politician said. #hungary #dailynewshungary #fidesz #eu #ec #russia #sanctions
14/09/2022

Hungary’s industrial output grew 4 percent in July, current account deficit huge

While the country's industrial output grew by an annual 4% in July, Hungary's current account posted a deficit of EUR 1.673 billion. #hungary #dailynewshungary #industry #economy #deficit #money #bank
14/09/2022

These foodstuffs will see the biggest price surge in Hungary

The price of these essential foodstuffs is very likely to skyrocket in the near future. #hungary #dailynewshungary #economy #food #animal #energycrisis #money
14/09/2022

Hungarian tourism in crisis: is there a way out?

The situation of the Hungarian tourism is critical and the next months could present an even bigger challenge than the pandemic in 2020. #hungary #dailynewshungary #tourism #crisis #travel #energy
14/09/2022

Hungarian MEP: Sanctions have backfired, EU’s proposals are irresponsible and absurd

The energy market is stretched to breaking point and the situation is unsustainable, the EC commissioner for energy affairs said. #hungary #dailynewshungary #europeancommission #europeanunion #russia #sanctions #energy
13/09/2022

Bad news has come: quarter of Hungarian businesses plan lay-offs

A quarter of Hungarian businesses plan lay-offs by the end of the year
09/09/2022

Inflation in Hungary: the worst is yet to come

Inflation in Hungary is soaring but this is still not the end: several factors could increase prices even more in the near future. #hungary #dailynewshungary #inflation #money #food #economy
08/09/2022

Financial Times: Hungary has the lowest gas prices in Europe

The article says that no matter how much criticism #Orbán receives over his friendship to #Moscow, he achieved the lowest #gas price for his country in #Europe. #hungary #dailynewshungary #naturalgas #financialtimes
06/09/2022

How long will the fuel shortage last? Here is the answer

Hundreds of petrol stations could run out of fuel within days. But how long does the fuel shortage last?
06/09/2022

Hungarian local governments in big trouble, Budapest may also have a freeze break

Municipalities are unable to cope with soaring energy prices, and without state support, a “freeze break” may come. #hungary #dailynewshungary #energy #inflation #winter
05/09/2022

What’s the truth? Russia sells gas to Hungary extremely expensively

Russia is very happy with this deal, and the Hungarian government seems happy too #hungary #dailynewshungary #russia #gas #stock
05/09/2022

The end of price caps means brutal inflation? People living in Hungary should be prepared!

Due to the lifting of the price caps, People living in Hungary might need to prepare for brutal inflation. #hungary #dailynewshungary #food #fuel #inflation #pricecap
05/09/2022

In the largest investment ever in Hungary: Chinese battery manufacturer to invest EUR 7.5bn

"One of the five largest greenfield investments in Europe in the past decade"
05/09/2022

Energy crisis: escalators, trolleybuses and trams in Budapest may stop working

Rising energy prices have put the Municipality of Budapest in an extremely difficult situation. #hungary #dailynewshungary #energy #budapest
05/09/2022

Hungary July retail sales up 3.8 pc – UPDATE

In July 2022, the volume of sales in retail trade increased by 3.8% according to raw data and...
03/09/2022

Hungarian State Railways in trouble, operation may become unfundable

MÁV Hungarian State Railways Zrt. is in big trouble, its operations could become unfundable in the autumn. #hungary #dailynewshungary #máv #funding #transport
02/09/2022

Decorative lighting in Budapest will be switched off earlier to save energy

Decorative lighting in the city will be switched off two hours earlier, which is estimated to save 792,510 kWh a year. #hungary #dailynewshungary #budapest #lighting #decoration #energy
02/09/2022

Brutal: Hungarian restaurant receives a gas bill of EUR 5700

This is not a joke: a restaurant in Hungary received a gas bill of HUF 2.3 million (EUR 5720) in August. #hungary #dailynewshungary #gasbill #energy #overheads #restaurant