economy

19/05/2022

Finance minister: Deficit, state debt to fall further — UPDATE

Mihály Varga, candidate for finance minister, spoke on parliament's budgetary committee on Thursday. #DailyNewsHungary #Hungary
19/05/2022

Will Hungary become the next major battery producer?

Though the Ukrainian–Russian war has brought many Eastern European economies into a difficult position, experts are optimistic about the fate of the Hungarian economy. As Világgazdaság […]
18/05/2022

Minister for economic development wants majority Hungarian ownership in retail

"Hungary could reach 90 percent of the bloc's level of development by 2030"
17/05/2022

LMP demands 10 pc wage hike for public sector employees to compensate for inflation

"Social workers and career-starting teachers taking home around 170,000 forints (EUR 460) per month" - #LMP
17/05/2022

Hungary’s central bank: Coordinated fiscal, monetary policy needed to tackle inflation

The National Bank of Hungary has raised the base rate by 480 basis points since last June:
17/05/2022

Hungary Q1 GDP grows 8.2 pc – UPDATE

Hungary's GDP grew by an annual 8.2 percent in the first quarter, details HERE:
16/05/2022

Oil embargo? MOL makes a huge revenue from Russian oil

Russian oil brings MOL an extra $4 million a day in revenue. #hungary #mol #oil #russia #eu #sanctions #government
15/05/2022

Massive increase in the price of tickets to Lake Balaton

The number of free beaches at Lake Balaton is decreasing rapidly, while some beaches are increasing their entrance fees drastically this year. #hungary #balaton #beach #money #entrancefee
15/05/2022

Hungary to be buried in state debt?

Did Hungary lose the fight against state debt, or is there a more sophisticated answer to this question? #Hungary #Hungarian #dailynewshungary #economy #debt #statedebt #ViktorOrbán #government
13/05/2022

Here is how Budapest will be developed in the near future

The citizens of Budapest will have great improvements to look forward to, but what effects will these have on the economy of Budapest? To find out more, read our article on the subject. #Hungary #Budapest #improvement #infrastructure #housing
12/05/2022

NBH deputy governor: Hungary economy robust!

Barnabás Virág, deputy governor of the National Bank of Hungary ugured a "protracted" fight against inflation and said CPI could peak in the third quarter. #DailyNewsHungary #Hungarianeconomy #economy
11/05/2022

Staple food shortages in Hungarian Lidl supermarkets?

Why do retailers keep bulk purchasing price-capped products? Will residents be able to buy basic staple food products in the future? #Hungary #Hungarian #pricecap #business #economy #supermarkets
11/05/2022

Orbán cabinet has to take responsibility for the rise in food prices it had caused, says DK

"Many families refrain from buying meat, vegetables, or coffee. The price hikes are mainly due to the weakest Hungarian forint in history..."
11/05/2022

Hungarian finance minister calls on EBRD to focus on central Europe

"Hungary had already spent some EUR 105.2m on handling the refugee crisis"
11/05/2022

Orbán cabinet calls for pipeline deliveries to be exempt from EU oil embargo

"We have made it clear that we may vote for the proposal only if Brussels..."
11/05/2022

Hungarian companies with innovative technologies to find new opportunities in Morocco, says minister

Trade between Hungary and Morocco jumped by 24 percent in the past year, and...
10/05/2022

Hungary to share in EBRD support for mitigating impact of war

minister Varga welcomed the EBRD's inclusion of the matter of energy security in the support programme and urged...
10/05/2022

Annual inflation in Hungary almost in double digits in April

The price of bread and poultry both jumped by 29.5 percent and dairy products prices climbed...
09/05/2022

Hungary’s cash flow-based budget deficit close to EUR 6.9bn at end-April

The social security funds were 18.7 billion in the red, while...
08/05/2022

War breaking out between Romanian airlines and Hungarian WizzAir?

The head of Wizz Air, the Hungarian low-cost airline, has harshly criticised Romanian airlines. #hungary #wizzair #romania #airline #critics