economy

16/04/2024

Forint exchange rate: Hungarian currency at an alarming 6-month low

The forint exchange rate hit a dramatic milestone this Tuesday, not witnessed since the beginning of October. It's been affected, in part, by the crisis in the Middle East. #forint #foreignexchange
16/04/2024

Shocking Trends: Cost of rent in Budapest and nationwide goes through the roof

The cost of rent in Budapest and nationwide reaches astronomical heights. Here are the latest insights by experts! #Rental #Prices #Budapest #Surge
16/04/2024

IMF lowers Hungary 2024 GDP growth forecast to 2.2 pc

#IMF Hungary's GDP growth forecast
16/04/2024

Hungarian economy minister Nagy meets German counterpart in Berlin 🔄

Márton Nagy, Hungary's national economy minister, has met with Robert Habeck, Germany's minister of economic affairs and climate change:
15/04/2024

Big change: 50,000-forint notes to be introduced? Central bank governor answers

The Governor of the Central Bank answers whether a 50,000-forint banknote would be introduced any time soon. #forint #money #currency #economy
13/04/2024

Hungary’s economy in big trouble?

According to the opposition Socialists, the Hungarian economy is in big trouble. #economy #socialists #opposition
08/04/2024

Orbán cabinet: State assets double since 2010

"Hungary has doubled the total value of its state assets from 11,600 billion forints to..."
02/04/2024

Surprise Twist: Budapest-Belgrade railway set to finish ahead of schedule!

Great news for travellers! The Budapest-Belgrade railway line is scheduled to be completed soon: #Budapest #Belgrade #Railway #Construction
02/04/2024

Latest figures from the Central Statistical Office: Hungary has EUR 583 m trade surplus, factory gate prices fall

Factory gate prices in Hungary dropped by an annual 4.3 percent in February, falling for the seventh month in a row after rising for years, data […]
25/03/2024

Ambitious plans: these are the economic goals the Orbán cabinet wants to achieve by 2030

In many respects Hungary is in the bottom third of EU countries, but the government has set good goals
25/03/2024

Hungarian budget has collapsed in two months, the deficit is already huge

Only two months of figures for the year and already the Hungarian budget is in trouble...
25/03/2024

Emergency alert: Hospital debts skyrocket over EUR 250 million in Hungary

Hospital debts soared past EUR 250 million by the end of February in Hungary, leading to a temporary closure of hospital wards. #Healthcare #Hospital #Debts #Government
25/03/2024

Hungary in the decline? Human Development Report provides shocking revelations

The recent 2023/2024 Human Development Report offers a comprehensive analysis of human development in a total of 193 countries. What insights does the study provide about Hungary? #Study #Human #Development #V4 #Visegrad
18/03/2024

Grim outlook: Will the forint plummet to 400/EUR?

High inflation rates and conflict between the National Bank and the government endanger the forint.
15/03/2024

Major international food chain to take legal action against Hungarian Government

Why has a prominent global food chain initiated legal proceedings against the Hungarian Government? Here are the details. #Government #SPAR #Law #Legal #Action
14/03/2024

MiniDubai: Hungary signs cooperation pact with UAE, EUR 5 billion project on horizon

Hungary and the United Arab Emirates signed an economic cooperation agreement establishing the conditions for a EUR 5 billion rehabilitation project in Budapest. #budapest #economy #business #investment
04/03/2024

Pricing paradox: Hungarian food costs less abroad – here is why

A curious trend has emerged in the food industry: in many cases, Hungarian-produced food can be bought for a lower price in other European countries, like Germany. What are the reasons behind this phenomenon? #Food #Prices #Germany #EU #Europe
02/03/2024

UNCHAIN Fintech Festival 2024 in Nagyvárad-Oradea: finance meets future in CEE

Nagyvárad-Oradea will be the heart this summer of fintech's future in CEE #fintech #unchain #festival #economy #technology #finance
29/02/2024

Hungary falls behind Austria, competes with Bulgaria to avoid last place

Although Hungary still has an advantage over Bulgaria in some economic indicators, this advantage is steadily decreasing. #bulgaria #austria #economy
22/02/2024

These are the sectors in which Hungary and Iran cooperate

The broad international sanctions imposed on Iran do not make economic and trade cooperation easy, Szijjártó said. #iran #sanctions #middleeast #cooperation