Hungarian economy

11/04/2024

New Hungarian inflation data out, minister says inflation collapsed

According to national economy minister Márton Nagy, inflation had "disappeared just as fast as it emerged". #inflation #economy
10/04/2024

Russian discount chain recruiting in Hungary with dream salaries!

Would you consider doing your shopping at the new Russian discount chain in Hungary? #mere #russia #discountchain #supermarket #shopping
09/04/2024

What is happening here? Hungary’s budget deficit almost reached its full-year target by the end of March

The budget has failed completely, the government continues to repeat that it will reduce the Hungary's budget deficit and public debt...
08/04/2024

Striking it rich: Guest workers paid millions in Hungary?

In January 2024, at least an estimated 100,000 guest workers were in Hungary. In many cases, their monthly salary reaches millions of forints. #guestworkers #labour
08/04/2024

Orbán cabinet: State assets double since 2010

"Hungary has doubled the total value of its state assets from 11,600 billion forints to..."
08/04/2024

Hungary doomed to be the assembly line of Europe?

Assembly plants provide many jobs in the country. However, they can signify a weaker economy, too.
08/04/2024

Hungary’s retail tax under fire: EU investigates discrimination claims by Austrian government and SPAR

The European Commission is looking into the Hungarian retail sales tax following complaints from the Austrian government and Spar. Here are the details. #Spar #Hungarian #Government #EU #Retail
06/04/2024

Establishment of foreign-owned companies to be simplified by Hungarian government

The Ministry for National Economy set out to speed up the administrative process of establishing foreign-owned companies to help boost Hungary's economic performance.
06/04/2024

New aircraft production hall will be built in Hungary

Hungary's Magnus Aircraft laid the cornerstone of an aircraft production hall in Pogány, in south-western Hungary, on Friday. #magnus #aircraft #economy #investment
05/04/2024

Good news: Hungarian industry sector shows signs of life

Output of Hungarian industry sector slightly grew. #industry #economy #crisis #ksh
02/04/2024

Latest figures from the Central Statistical Office: Hungary has EUR 583 m trade surplus, factory gate prices fall

Factory gate prices in Hungary dropped by an annual 4.3 percent in February, falling for the seventh month in a row after rising for years, data […]
29/03/2024

Fuel price record high in Hungary while forint strengthens

Good Friday saw a record-high fuel price in Hungary, while the forint started to strengthen, which is good news for the Hungarian economy. #forint #fuel #economy #crisis #government
28/03/2024

Surprising: Romania more developed than Hungary, people may live better

Romania more developed than Hungary again - here are the details #romania #development #eurostat #gdp #ppp
27/03/2024

New Hungarian regulation would ban guest workers’ employment in more jobs

The Prime Minister's Cabinet Office is drafting a new decree regarding foreign employees and the positions they would be prohibited from holding in Hungary. #economy #labourmarket #guestworker #job #employment
27/03/2024

Shocking: Hungary’s jobless rate is extremely high!

Experts talks about grim prospects. #economy #jobless #workforce #labourmarket
26/03/2024

Hungarian central bank cuts the base rate again

Hungarian central bank rate-setters reduced the base rate by 75 basis points, to 8.25 percent, at a regular policy meeting on Tuesday. The Council also decided […]
25/03/2024

Ambitious plans: these are the economic goals the Orbán cabinet wants to achieve by 2030

In many respects Hungary is in the bottom third of EU countries, but the government has set good goals
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