Hungarian economy

Important
07/11/2023

Hungary’s restaurant industry faces another year of uncertainty

closed restaurant sign
The effects of restaurant closures in Hungary's western region remain a topic of concern.
07/11/2023
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07/11/2023

Hungarian economy deteriorates for the eighth month in a row

In the January-September period, output dropped by 4.9 percent year on year. #Hungarianeconomy
07/11/2023
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07/11/2023

Stable banking system boosts Hungary’s sovereignty

MBH was founded in multiple phases, and now it covers a large part of the Hungarian market along with OTP Bank as opposed to foreign-owned banks, Mihály Varga said. #Hungarianeconomy #economy
07/11/2023
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07/11/2023

Hungarian construction manufacturers are suffering

construction material crisis
The government imposed a new punitive tax on the sector and ... #economy #construction
07/11/2023
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06/11/2023

Körber invests EUR 14.7 million in Hungary

kÖRBER
"Bilateral ties between #Hungary and #Germany would continue to develop as long as they are rooted in reality" #körber
06/11/2023
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06/11/2023

Six more companies receive support in plant rescue scheme

"Over the past seven years, Hungary's investment promotion system managed the largest number of investment projects compared with other countries of the Visegrad group"
06/11/2023
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06/11/2023

Orbán Cabinet is proud that Hungary is the number one destination for Chinese investments in the field of CCE

China Orbán happy byd
Hungary's much-criticised #EU economy could be weakened by an influx of cheap #Chinese products, but... #china
06/11/2023
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06/11/2023

Unstoppable decline in housing construction in Hungary

construction
The number of housing permits issued in Hungary fell sharply compared to the same period last year:
06/11/2023
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05/11/2023

Real wages fell brutally: Big Mac index plummeting in Hungary

Hungarian real wages brutally fell, Big Mac index plummeting
Hungary has been struggling with EU-record inflation in the past few months, especially considering food prices, resulting in a significant decrease in real wages. #money #forint #BigMac #McDondalds #economy #wages
05/11/2023
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04/11/2023

Hungary’s forint broke psychological barrier

forint historic lows
Hungary's national currency, the forint is at a two-month peak by breaking a crucial psychological barrier yesterday. #forint #economy #success #euro #dollar
04/11/2023
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04/11/2023

Hungary would like to have closer ties with Kazakhstan

Kazakhstan Viktor Orbán
Hungarian ministers are working long hours in Kazakhstan's capital, Astana, to establish closer ties with the Asian country #Astana #Kazakhstan #government #Orbán
04/11/2023
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04/11/2023

Good news came on Hungarian economy

Good news from the Hungarian economy: seasonally-adjusted Purchasing Managers Index (PMI) and trade surplus #economy #statistics
04/11/2023
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04/11/2023

Brutal hike: MOL CEO shared how much fuel prices will increase in Hungary!

MOL fuel shortage Hungary
Zsolt Hernádi, the CEO of the Hungarian gas and oil giant, MOL, shared how much fuel prices would increase #fuel #economy #governmnet #EU #EuropeanUnion
04/11/2023
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03/11/2023

Hungary ready to become ‘pillar in the bridge’ between East and West

The Organisation of Turkic States forms a bridge between East and West, and Hungary is ready to become a "European pillar in this bridge" #economy #Europea #East #West #government #Kazakhstan
03/11/2023
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01/11/2023

Staggering! Half a million guest workers in Hungary

Guest workers Hungary
Several experts tell us what might be behind it, but the answer is not what most people think.... #labourshortage #labourmarket #Hungarianeconomy
01/11/2023
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01/11/2023

New records in investments and exports in Hungary

New records in investments and exports "can now be taken for granted" for this year, the minister of foreign affairs and trade said #investment #economy #foreignminister
01/11/2023
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31/10/2023

Turkish combat vehicle will be manufactured in Hungary

Turkish combat vehicle Gidrán
A Turkish-Hungarian joint venture will manufacture Gidrán combat vehicles in Kaposvár. #military #defenceforces #Türkiye
31/10/2023
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31/10/2023

Hungary oasis for East-West economic cooperation?

Hungary shows that East-West economic cooperation is possible, based on interdependence, and highly beneficial, Péter Szijjártó said #economy #government
31/10/2023
Politics
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24/10/2023

Central bank’s surprising interest rate decision: forint falls

forint euro bills
The Hungarian currency reacted poorly to the surprising interest rate decision. #centralbank #forint #currency #euro
24/10/2023
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23/10/2023

2024 to bring inevitable and brutal price hikes to Hungary

traffic-Budapest-Hungary-transport-bkk-bkv
If anyone, we Hungarians know a thing or two about sudden price rises....
23/10/2023
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Hungary praises Albania’s progress on path to integration

Hungary praises Albania’s progress on path to integration

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Top Hungary news: Budapest Airport runway closed, Airbnb moratorium, overhauled Budapest parking system, explosions — 28 November, 2024

Top Hungary news: Budapest Airport runway closed, Airbnb moratorium, overhauled Budapest parking system, explosions — 28 November, 2024

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Hungary to extend M6 motorway and build new bridge in Mohács by 2028

Hungary to extend M6 motorway and build new bridge in Mohács by 2028

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Going home for Christmas? Budapest to increase airport shuttle bus frequency

Going home for Christmas? Budapest to increase airport shuttle bus frequency

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End of an era: Hungarian Client Gate officially retires in 2025! What’s replacing it?

End of an era: Hungarian Client Gate officially retires in 2025! What’s replacing it?

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Huge explosions detected in southern Hungary’s Baranya County: here’s what caused them

Huge explosions detected in southern Hungary’s Baranya County: here’s what caused them

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Breaking: Budapest to overhaul parking system – Fee hikes, new zones, and public transport incentives

Breaking: Budapest to overhaul parking system – Fee hikes, new zones, and public transport incentives

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<strong>Breaking: Budapest Airport runway closed due to stranded aircraft – UPDATED with airport statement</strong>

Breaking: Budapest Airport runway closed due to stranded aircraft – UPDATED with airport statement

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Orbán discusses peace and energy cooperation with Qatari PM

Orbán discusses peace and energy cooperation with Qatari PM

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Hungarian government warns of escalating war risks – UPDATED with main points of press briefing🔄

Hungarian government warns of escalating war risks – UPDATED with main points of press briefing🔄

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