economy

30/08/2022

Hungarian central bank raises base rate to 18-year high – UPDATE

BREAKING NEWS! Currently, the base rate is higher than it was during the 2️⃣0️⃣0️⃣8️⃣ financial crisis...
30/08/2022

Extending the reduced VAT rate for home construction in Hungary

Great news for the construction industry
30/08/2022

Hungary trade in services surplus reaches EUR 2.116 bn in Q2

Germany continues to be Hungary's most important partner in trade. The second most important partner, the United States:
29/08/2022

The past week in Hungarian economic terms: motorway concessions, gas cap, Foodpanda

The operation of 1,237 km of dual carriageways in Hungary will be transferred to five companies as the result of a concession procedure called earlier by the government
25/08/2022

Where is shopping cheaper: in England or in Hungary?

A research carried out by Pénzcentrum compares Hungary and England and finds out where shopping is cheaper.  #DailyNewsHungary #Hungary #shopping
24/08/2022

Average gross wage in Hungary reaches all-time record – UPDATED

The average gross wage in Hungary climbed by an annual 15.4 percent to 503,500 forints (EUR 1,216) in June. #hungary #dailynewshungary #wage #growth #money
23/08/2022

Romania is about to catch up with Hungary in terms of GDP

A new calculation puts Romania's economy close to Hungary's. #DailyNewsHungary #Hungary #Romania #economy
23/08/2022

Hungarian Finance Minister Varga meets Czech counterpart

Finance Minister Mihály Varga met his Czech counterpart, Zbynek Stanjura, in Budapest on Monday, the Hungarian ministry has said. At the working lunch, the ministers touched […]
22/08/2022

NYT on Orbán: “Bent the judiciary and the news media to his will”

The New York Times says the biggest problems facing the Hungarian economy are inflation and the rapidly depreciating forint. #hungary #dailynewshungary #forint #orbán #newyorktimes #usa
19/08/2022

Apartment rent prices in Budapest brutal high!

Rent prices in the Hungarian capital rose significantly in the last few months. Read our article below to find out apartment costs in the different districts. #Hungary #Hungarian #Budapest #rent #money #business #economy #dailynewshungary
17/08/2022

Hungary GDP grows 6.5 percent in Q2

The Hungarian GDP is doing better than expected. Read details in our article! #hungary #dailynewshungary #gdp #economy
17/08/2022

Hungarian government does not consider heating in every school necessary

If the temperature in classrooms reaches 20 degrees Celsius in winter, no additional heating is needed, according to the Orbán government. #hungary #dailynewshungary #government #school #education #energy
17/08/2022

Hungarian radical party calls for overall wage hikes

The opposition Mi Hazánk party has called for 50-100 percent pay increase across the board in the next 5-10 years in Hungary. #hungary #dailynewshungary #wages #inflation #mihazánk
17/08/2022

Hungarian high school asks parents for money to help with utility bills

Without their help, the Óbuda school would not be able to pay its utility bills due to the increased overhead prices. #hungary #dailynewshungary #school #utilitybills #money #energy
16/08/2022

Hungarian opposition submits draft resolution aimed at boosting energy security

Párbeszéd Party is submitting a draft resolution to parliament with a view to improving public energy supplies and boosting Hungary's energy security. #hungary #dailynewshungary #energy #opposition
15/08/2022

Dramatically high overheads: this thermal spa operates on a limited basis

The spa's director announced the discontinuation of some of their services. #hungary #dailynewshungary #spa #bath #overheads #money
15/08/2022

Hungarian radical party: Forests are more than an energy resource

The radical party has called on the government to reconsider its stance on tree-felling, arguing that the forest is more than merely an energy resource. #hungary #dailynewshungary #opposition #trees #forest #energy #environment
14/08/2022

Hungary expects even more serious fuel shortage in the coming days

The shortage of fuel mainly affects the eastern part of the country. #hungary #dailynewshungary #fuel #petrolshortage #mol #energy
14/08/2022

One of Budapest’s main universities may close due to high overheads

The ELTE Faculty of Sciences is preparing for drastic overhead cuts, and is already considering the temporary closure of some departments. #hungary #dailynewshungary #university #sciences #overheads
13/08/2022

Beware: these real estates will soon be unsellable in Hungary!

Change has begun in the real estate market due to the increase in overheads. Many people decide to sell their large family houses. #hungary #dailynewshungary #realestate #apartment