Hungarian economy

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...
24/03/2024

Hungarian National Bank to decide the forint’s fate next Tuesday: plummet may follow

Next Tuesday may mark another step towards a weaker forint since the National Bank's Monetary Council will decide about another base rate cut. #nationalbank #mnb #forint #economy #monetarycouncil
24/03/2024

Orbán cabinet: More flexible EU support needed for steel industry’s green transition

It is clear that the European Union needs its steel industry, but more flexible and more active support is needed, a government official said. #government #steel #eu #europeanunion
23/03/2024

German company invests a lot of money in Hungary

German automotive industry supplier Schedl will invest lots of money in two Hungarian cities. #Germany #investment #economy #schedl
23/03/2024

Budapest Airport can become one of Europe’s main cargo hubs: Orbán cabinet wants to buy it

Based on the CEO of PMI Logistics Solutions Ltd., buying the Budapest Airport will be a profitable investment for the Orbán government. #BudapestAirport #cargo #passenger #travel #goods #shipping
23/03/2024

Mfor: Orbán cabinet will squeeze foreign supermarket chains, Spar remains a target

The Orbán cabinet will target foreign supermarket chains with tax increases, targeted audits. #government #economy #spar #food #retail #commerce
19/03/2024

Hungary’s Finance Ministry: 2025 budget planning underway

The Hungarian government was committed to reducing the budget deficit and the public debt to ensure sustainable growth:
19/03/2024

The longest transit route in Hungary: Latest advancements in the M9 motorway project

The M9 motorway, the largest of its kind in Hungary, has recently gained momentum. Once finished, this 300-kilometre-long highway will connect Debrecen with KÅ‘szeg. #M9 #Travel #Construction #Motorway
18/03/2024

Government rejects SPAR’s ‘false claims’ regarding measures to bring down inflation

Orbán government reacted to the criticisms of the Austrian owner of SPAR supermarkets in Hungary
18/03/2024

Popular international food chain flees Hungary due to PM Orbán and his oligarchs?

Orbán and his oligarchs may make the second biggest food retail chain leave Hungary. #spar #food #retail #business #economy
14/03/2024

End of SME interest rate freeze in Hungary

The economy ministry said the rate freeze had saved over 50,000 SMEs around EUR 380.6 million. #economy #interest #ratefreeze
13/03/2024

Positive surprise: Wages grew the most in Hungary in the last 10 years

Is this a good or bad news for us? #economy #salary #wage #averagewage #Hungary
13/03/2024

Orbán cabinet: the United States puts constant pressure onto Hungary

Meanwhile, Washington does business with Russia. #government #Russia #Washington #UnitedStates #Szijjártó
12/03/2024

Hungarian finance minister: Previously blocked EU funds continue to arrive

The Hungarian economy is in very serious trouble, with inflation and a weakening forint. This is how Finance Minister Varga sees the situation:
12/03/2024

Filipino guest workers’ salaries in Hungary revealed

Filipino guest workers in Hungary often make more in factories here than they would in high-skilled jobs at home.
11/03/2024

Despite the battles, the central bank says relations between Orbán and Matolcsy are good

On the surface, it seems that there is a clear breakdown in relations between Viktor Orbán and central bank governor Matolcsy, but they deny it.
09/03/2024

Rental prices exceeded a psychological barrier in Budapest

Average rental prices in the capital have never been this high. #Budapest #rentalprice #property #realestate
08/03/2024

New data: Trend of considerable inflation decrease in Hungary broke

Trend change concerning the inflation in Hungary? #inflation #economy #government #eu #eufunding
07/03/2024

OECD: Hungary economy to return to sustainable growth path in 2024 – PHOTOS

Finance Minister Mihály Varga said that employment would remain high and unemployment low. #economy #finance #oecd
05/03/2024

Weakening forint: policy dispute wreak havoc on Hungarian currency

The possibility of the EUR reaching 400 forints may arise as a result of the escalating conflict between the Hungarian National Bank and the government.