Hungarian economy

22/09/2023

Forint reacts badly to government tax increase plans – UPDATED

There are significant quarrels and clashes between the decision makers of the Hungarian economy and that has a serious effect on the forint #forint #economy #nationalbank #government #Orbán
21/09/2023

PM Viktor Orbán: This year they will try to break us

Hungary's cultural sovereignty is under threat from the push to force migrants onto Hungary and set up "Europe's largest migrant ghetto here", Viktor Orbán said. #ViktorOrbán #EU #EuropeanCommission
19/09/2023

Government-close businessmen taking over online betting in Hungary?

State-run authority is to block foreign sport betting sites. #sport betting #Hungary #oligarchs
17/09/2023

Hungary committed to hold painful anti-Ukraine restriction

#Hungary's #government, on its own authority, has decided to maintain the #ban on an important #Ukraine product #economy #EU
16/09/2023

PM Orbán’s new allies: French companies conquer Hungary and buy Budapest Airport?

The French want to do business in Hungary, while Hungarians want to establish good relationships with a great power of the European Union. #France #energy #Paks #economy #ViktorOrbán #Macron #agreement #EU #EuropeanUnion
16/09/2023

Hungary unilaterally extended and expanded restriction against Ukraine

The government will protect the interests of Hungarian farmers and after Brussels decided not to maintain the import ban on Ukraine agricultural produce #Ukraine #grain #agriculture #government #EU #EuropeanUnion
15/09/2023

Hungarian e-commerce sector changes drastically thanks to groundbreaking acquisition

A Hungarian company bought two key players of the Hungarian e-commerce sector which triggers serious changes. #business #commerce #economy
15/09/2023

Orbán outraged: Ukraine has no money, weapons, power but seeks no peace

PM Viktor Orbán talked about Ukraine's oil transit fee raise, the ongoing war, the role of the USA, the inflation and changes in the family policies this morning #war #Ukraine #energy #oil #crude #inflation #economy #demography
14/09/2023

German cooperation in Hungary could be further strengthened

Gergely Gulyás noted that bilateral trade accounted for more than 25 percent of Hungary's foreign trade, adding that 80 percent of German investors were considering further investments in Hungary.... #Germany #Hungarianeconomy
14/09/2023

Dark prophecy for the Hungarian forint: 400 EUR/HUF soon?

There is still a wee bit of hope left that the forint will close below the 400/EUR level this year. #Hungarian forint #Euro #Economy
12/09/2023

Swiss Stadler also invests in Hungary

Swiss train carriage manufacturer Stadler is investing 17 billion forints (EUR 44.2m) to expand production capacity #investment #Stadler #Switzerland #Szolnok
11/09/2023

Gloomy trends: Property in Hungary became more expensive than anybody ever thought

Young people are increasingly being excluded from the Hungarian property market - here are the gloomy details #housing #property #economy
09/09/2023

After months of despair, good news for solar panel owners in Hungary

Here is the government's 180° turn. #government #solarpanel #EU #energy
09/09/2023

Companies in Hungary hunt for Philippines and Indonesians: they neither drink nor flee to the West

Companies building huge plants in Hungary hunt from Philippine and Indonesian works as they are well behaved with strong work ethics #economy #guestworker #Phillippines #Indonesia #BMW #MercedesBenz #Suzuki #Volkswagen
08/09/2023

Can Hungary have more capitals? Debrecen could beat Budapest

If we look at Hungarian history, Debrecen has already proven itself. In 1849, the government fighting the Austrian emperor temporarily moved its headquarters to Debrecen. #Debrecen #Budapest #Hungariangovernment #Europe
07/09/2023

Car and battery production driving force in Hungarian economy

Battery production is an integral part of the Hungarian economy, with the sector set to see more than EUR 16.3 billion worth of developments in the coming years, Márton Nagy said. #economy #eletricvehicle #battery
05/09/2023

German economy in big trouble, Hungary could be the winner

The problems of the German economy also affect Hungary: in 2022, a quarter of all Hungarian exports went to Germany... #Germany #Hungarianeconomy
03/09/2023

Opposition party slams plans of battery plant in Hungarian village

Opposition party wants a referendum to ask residents in Alsózsolca, in northern Hungary, about the planned battery recycling plant #LMP #battery #investment #industry #economy
03/09/2023

Hungary happy to receive more Chinese carmakers – UPDATED

Hungarian FM Péter Szijjártó welcomed Wang Chuanfu, chairman of Chinese electric vehicle maker BYD, in his home in Dunakeszi #China #investment #car #industry
28/08/2023

Hungarian National Bank prior to serious decision: forint may start plummeting on Tuesday

It is connected to the reduction of the quick deposit rate: will that damage the forint's exchange rate? #forint #economy #nationalbank #government #depositrate