Hungarian economy

05/03/2024

Hungarians spend the least in the EU, experts are pessimistic

In Hungary, average spending was the lowest in all of the EU due to high prices and low wages.
05/03/2024

Central Statistical Office published devastating data on the Hungarian economy

The Hungarian economy is not in very good shape, and the government finds it hard to explain these figures
04/03/2024

MKIK head: foreign guest workers should be employed in a regulated way to strengthen the economy

According to MKIK head, more jobs can be created by employing foreign guest workers. But as unemployment is very low in Hungary, more guest workers will be needed:
04/03/2024

Orbán: there must always be an entity between Hungary and Russia 🔄

Viktor Orbán's speech on the Hungarian economic strategy, West and East, Russia, Trump, EP elections and the Visegrád Group
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
04/03/2024

Hungary’s economy minister admits inability to keep deficit below target by 2024 🔄

It seems that the deficit below 3 percent was just a dream, the Hungarian government cannot keep it low
02/03/2024

Hungarian minister confident about Hungarian growth in 2024

Tax policy would underpin growth, the Hungarian finance minister said. #government #economy
29/02/2024

Hungarian FM: Hungary, Chad agree on broad cooperation to boost regional stability

"And we must also see that if Brussels doesn't change its pro-migration policy, it will mean big trouble for both the Sahel and Europe," Péter Szijjártó added. #HungarianForeignMinistry #PéterSzijjártó #Chad #warinUkraine
29/02/2024

Hungarian national bank governor attacks Hungarian government in unprecedented way – UPDATED

"Government decisions are a covert, veiled attack on the independence of the central bank," György Matolcsy said. #Fidesz #NBH #Hungariangovernment #Hungarianeconomy
29/02/2024

Hungarian forint falls at brutal pace: where will it land?

The Polish zloty is soaring against the forint, now at an all-time high against the Hungarian currency.... #money #HUF #Hungarianeconomy
29/02/2024

Hungary Jan industrial producer prices down 6.8 pc

Factory gate prices in Hungary dropped by an annual 6.8 percent in January, falling for the sixth month in a row after rising for years... #statistics #KSH #industrial #Hungarianeconomy
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
28/02/2024

Hungary – South Korea relationship deepens

Experts from Hungary and South Korea discussed opportunities for technology and knowledge transfers at an event in Budapest #SouthKorea #innovation #technology #government
28/02/2024

Forint at 5-month low!

HUF 400/EUR on the horizon? #forint #euro #economy #nationalbank #bank
27/02/2024

Former Fidesz ally: PM’s wife holds secret power, Orbán family operates Hungary as a corporation

Péter Magyar shared insights into the inner workings of Hungary under the Orbán regime. #ViktorOrbán #interview #mafia
27/02/2024

The National Bank’s decision may wreak havoc on Hungarian forint – UPDATE: HUF 400/EUR comes!

The Monetary Council of the Hungarian National Bank is expected to cut the base rate again today: here is how that may affect the forint #forint #nationalbank #mnb #economy
26/02/2024

How the Hungarian government plans to boost the country’s GDP growth rate

The Hungarian government has a clear plan for boosting the country's GDP growth rate. But what is the their strategy? #Government #Labour #Work #GDP
24/02/2024

Chinese investment will preserve Hungary’s economy on a growth path? – UPDATED

Hungary will set the pace for a global technology revolution? #BYD #china #investment #economy
21/02/2024

18 new logistics parks to be created in Hungary

The new designations bring the total number of logistics parks in Hungary to 57. #logistics #business #investment #economy
20/02/2024

Record number of Hungarians in Austria: exploring the causes

Would you rather live in Hungary or Austria? #Austria #labourmarket #economy