Hungarian economy

24/04/2024

Why are petrol prices soaring in Hungary? Unveiling the truth behind the high costs!

Here are some key factors contributing to the current high fuel prices! #Fuel #Petrol #Price #Tax #Hungarian #Government
23/04/2024

Hungarian government to support tourism competitiveness with EUR millions

The government is providing EUR 38 million in subsidies aimed at enhancing the quality of tourism services and boosting the rural tourism economy. #government #economy #tourism
23/04/2024

Breaking: Hungarian central bank cuts interest rates further, forint reacts – UPDATE

As expected, the Hungarian central bank continues to slow down. #centralbank #forint #currency #interestrate
23/04/2024

IMF forecast: Hungary’s economy to return to growth this year

Only Malta, Romania and Poland are expected to grow at a faster clip of 3.5-4.0 percent. #economy #imf #eu
23/04/2024

Have the wages of manual workers skyrocketed in Hungary?

Between the 4th quarters of 2022 and 2023, the average gross hourly wages of manual workers increased by almost 20% in Hungary. There is one simple explanation for the rise in wages.
22/04/2024

Guest workers: new law may simplify Chinese and Russian immigration to Hungary

Several proposals were submitted to the parliament that would simplify the employment process of guest workers in Hungary: #guestworkers #labour #employment
22/04/2024

Hungary’s finance minsitry: huge budget deficit of €5.9 billion in March

The Hungarian budget is not in a very good shape. The government has set itself a budget deficit target for the coming years:
21/04/2024

Shocking: Hungary has almost no chance of reaching the economic development level of Romania

Romania way ahead of Hungary. How could that happen? Is it because of the Orbán cabinet? #romania #economy #development
21/04/2024

Budapest’s dual identity: From architectural marvels to pornography hotspot!

Did you know that Budapest serves as the porn capital of Europe? #Budapest #porn #pornindustry #Budapest #Adult #Industry
19/04/2024

British American Tobacco is expanding production in Hungary

British American Tobacco is expanding production in Pécs. #investment #pécs
18/04/2024

ESG law strengthens the competitiveness of Hungarian businesses

Expectations related to ESG obligations are becoming increasingly common in Hungary's business sector. #esg #business
17/04/2024

Highly-skilled Hungarian workforce fleeing the country – cause for concern?

Despite the availability of 70,000 unfilled jobs, many in the Hungarian workforce try their luck abroad due to higher real wages and better living conditions - a trend that poses serious consequences for the 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

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
15/04/2024

Hungarian minister had talks with top German company leaders

Márton Nagy, the national economy minister, and a delegation from his ministry is traveling to Germany for talks with German top managers. #audi #mercedes #bmw #visit #germany #government #economy
13/04/2024

Fiscal slippage: Rating agency issues warning to Hungary

The rating agency Fitch Ratings is quite pessimist about the Hungarian fiscal slippage. #ratingagency #FitchRatings #budget #government
13/04/2024

Hungary’s economy in big trouble?

According to the opposition Socialists, the Hungarian economy is in big trouble. #economy #socialists #opposition
11/04/2024

Huge Alstom investment inaugurated in Hungary

The EUR 15.4 million project, which is expected to create 150 jobs, is supported by a EUR 3.08 million government grant, foreign minister Péter Szijjártó said. #france #investment #