economy

02/10/2023

Hungarian tax system remain competitive despite global minimum tax?

Hungary must incorporate the GMT into its legal system by January 1, 2024, but...
02/10/2023

Finally, positive news on Hungary’s trade surplus

Central Statistical Office (KSH) in a second reading of data:
28/09/2023

Here is PM Orbán’s extraordinary announcement

You can also find the announcements made during today's Cabinet Briefing in our article. #orbán #government
14/09/2023

German cooperation in Hungary could be further strengthened

Gergely Gulyás noted that bilateral trade accounted for more than 25 percent of Hungary's foreign trade, adding that 80 percent of German investors were considering further investments in Hungary.... #Germany #Hungarianeconomy
14/09/2023

PM Viktor Orbán announces “programme 2.0” for Hungary

"Europe is acting out of fear and fear turns us into defeatists. We say there is no future which thus will become a self-fulfilling prophecy," Orbán said. #ViktorOrbán #demographis
07/09/2023

Car and battery production driving force in Hungarian economy

Battery production is an integral part of the Hungarian economy, with the sector set to see more than EUR 16.3 billion worth of developments in the coming years, Márton Nagy said. #economy #eletricvehicle #battery
06/09/2023

Hungary meeting point for eastern and western investors

"For us a civilised cooperation between East and West is always better; we have usually been on the losing side without such cooperation," Péter Szijjártó said. #economy #carmaking #china #germany
05/09/2023

EU institutions are crisis factories, says new Hungarian minister

"The European Union is in worse shape than it was. Its immune system is weakened." #EuropeanUnion
05/09/2023

German economy in big trouble, Hungary could be the winner

The problems of the German economy also affect Hungary: in 2022, a quarter of all Hungarian exports went to Germany... #Germany #Hungarianeconomy
27/08/2023

Minister expects 7% inflation in Hungary by December

Márton Nagy's inflation prediction: 16% in August, 11-12% in September, 9-10% in October, 8% in November, and 7% in December. #inflation
27/08/2023

Euro introduction in Hungary? Finance minister answers

According to a January survey, 72 percent of Hungarians approved of the idea of joining the euro zone in the interest of stability. #eurozone #euro #currency #economy
21/08/2023

PHOTOS: Hungarian Shell Vice President decorated with Order of Merit

In his laudation, Szijjártó said Kapitány had contributed significantly to Shell having set the goal to achieve net-zero emissions in terms of its own activities by 2035 and throughout its global value chain by 2050. #szijjártó #shell #orderofmerit
18/08/2023

Orbán: Economic growth fell quite badly in the second quarter

He predicts inflation of five percent next year. #orbán #inflation #economy
17/08/2023

Navigating the Gasoline Market: Tips for Small Business Owners

With rising prices, fluctuating availability, and so many other factors to consider, navigating the gasoline market can seem daunting. However, with the right strategies in place, small business owners can make sure they are getting the best deal on gas for their business. 
14/08/2023

Agriculture to save Hungary’s GDP growth?

Agriculture might be able to pull the Hungarian economy out of the recession. #agriculture #GDP #recession #economy
30/07/2023

Nearly 5% of Hungary’s GDP was saved in offshore accounts

The Hungarian tax system is pretty favourable, but the wealthiest still use offshore accounts. #offshore #money
29/07/2023

Experts concerned about Hungary’s falling economy

BNP Paribas and Morgan Stanley have gloomy expectations of the Hungarian GDP. #Hungary #GDP
17/07/2023

There are many places in Hungary where you can pay with cryptocurrency

You can use this means of payment at dog schools, cafés, cabs, apiaries or charities, among others. #Hungary #Dailynewshungary #cryptocurrency
14/07/2023

MEP Gyöngyösi on nature restoration law: I can’t support that – VIDEO

"The nature restoration law could just further increase food prices or even lead to shortages." #eu #agriculture
11/07/2023

Hungarian economic development minister winds up trip to China

Márton Nagy spoke about possible financing opportunities in Hungary with the executives of the Asian Infrastructure Investment Bank. #DailyNewsHungary #Hungary #China #Hungarianeconomy