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Hungarian economy
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Regime change in parking in Budapest: Parking ticket machines may be removed in 2026
Official: Minimum wage in Hungary to rise in 2025
04/11/2024
How Viktor Orbán’s son-in-law capitalised on tax breaks to dominate Hungary’s rich list!
Hungarian Prime Minister Viktor Orbán's son-in-law has amassed a significant fortune in recent years. What factors have contributed to his remarkable financial success? Check out our article for more details!
04/11/2024
Politics
02/11/2024
Tax changes in 2025 in Hungary: Airbnb tax skyrockets, currency conversion fee remains, plane tickets may be cheaper
On 29 October at night, the government submitted their bill about the 2025 tax changes. In a nutshell, the Orbán administration plans to increase the Airbnb tax in Budapest (and only in Budapest) fivefold. Will that ruin the entire sector in the Hungarian capital? Will the hotel lobby win in Budapest? #budapest #tax #tax2025 #taxchanges #taxhungary #orbancabinet
02/11/2024
Society
01/11/2024
Real estate: Rising Russian and Vietnamese investment fuels Hungary’s property boom
Hungary’s real estate market has seen remarkable growth in recent years—but what’s fuelling this surge, and who’s behind the buying spree? Check out our article to learn more!
01/11/2024
Business
01/11/2024
New Chamber of Industry and Commerce head promises new support schemes for SME sector
Elek Nagy, who was elected the new head of the Hungarian Chamber of Industry and Commerce (MKIK) on Wednesday, has announced new schemes. #mkik #hungarianeconomy #smesector
01/11/2024
Business
01/11/2024
Struggling German carmaking industry may ruin PM Orbán’s economic dreams and election chances – UPDATED
The German carmaking industry is struggling, and that has a devastating effect on Hungary's economy and PM Orbán's 2026 election chances. #germany #hungarianeconomy #hungarianindustry #2026elections
01/11/2024
Business
31/10/2024
National economy minister: Hungary’s growth hindered by external factors, especially automotive decline
External economic factors, mainly the downturn in Germany's automotive industry, are weighing on Hungary's economic performance, the minister said. #economy #money #gdp #Germany
31/10/2024
Society
30/10/2024
Hungarian government unveils new economic initiatives: Blue-collar loans, home renovation subsidies, and family tax credits
The Hungarian government has introduced a series of economic initiatives, including interest-free loans for young blue-collar workers, home renovation subsidies for families in rural areas, and a gradual doubling of the family tax credit, aiming to stimulate growth and reduce economic dependencies. #economy
30/10/2024
Politics
30/10/2024
Have your say! Hungary’s new National Consultation on wages, business, and housing
Time for Hungarian citizens to speak up on the future of the country's policies! The government just launched a nationwide consultation covering a range of key issues. What are these issues? Read our article to find out more!
30/10/2024
Politics
30/10/2024
No stopping: Hungarian forint hits another record low after weak GDP report
Today’s GDP report shocked investors, triggering a further plunge for the forint. #economy #forint
30/10/2024
Business
29/10/2024
Forint hits new low: Weakest since 2022 amid economic struggles
The Hungarian forint has plunged to its weakest rate against the euro since December 2022, sparking concern among economists. #forint #euro #dollar #economy #money
29/10/2024
Business
28/10/2024
Blue-collar wages surge: Hourly pay jumps 13.1% in Q3 in Hungary
The average gross hourly pay rate for blue-collar workers in Hungary climbed 13.1pc. #bluecollar #workinHungary #labour #economy
28/10/2024
Society
27/10/2024
Hungarian Gedeon Richter signs new collaboration with US AbbVie
Hungarian pharmaceutical company Gedeon Richter and US peer AbbVie on Thursday announced a new collaboration for the discovery and development of novel targets for neuropsychiatric conditions. #gedeonrichter #hungarianeconomy #cooperation #abbvie
27/10/2024
News To Go
27/10/2024
IMF: Hungarian economy will be a frontrunner in the EU next year
The International Monetary Fund (IMF) forecasts the Hungarian economy will be a frontrunner in the European Union next year, the Finance Ministry said on Friday. #imf #hungarianeconomy #europeanunion #forecast
27/10/2024
Business
27/10/2024
Hungarian forint breaks currency exchange level, additional weakening on the horizon
An exchange rate level above 410/EUR is imaginable due to the external threats and the struggle of the Hungarian economy without EU funds or because of Trump's possible victory. #hungarianeconomy #hungarianforint #forint
27/10/2024
Business
25/10/2024
After historic lows, Hungary’s forint faces possible further decline with today’s S&P credit rating – UPDATED
Hungary's national currency is struggling and is highly volatile in response to external shocks. It appears though that a Harris administration could help strengthen it. However, the Orbán cabinet is placing all its bets on Trump. Will the forint's future be bleak? #forint #hungarianeconomy #trump #harris #orbancabinet #s&p
25/10/2024
Business
24/10/2024
Hungary’s minimum wage could realistically reach EUR 1,000 by 2028, says employment secretary
Wage targets are realistic if they're backed by economic growth. #economy #forint #money #wage
24/10/2024
News To Go
22/10/2024
Hungarian national bank’s latest decision strengthens the forint
The Hungarian currency reacted positively to the not-so-surprising decision. #forint #euro #economy
22/10/2024
Business
22/10/2024
Hungarian wages continue to climb, real earnings outpace inflation
The average gross wage in Hungary rose 13.1pc year-on-year to HUF 628,800 (EUR 1,568) in August. #wage #money #economy
22/10/2024
Business
19/10/2024
Hungarian ministry launches campaign against webshops and courier companies
Some parcels have not been delivered to customers for weeks, and customer services are often unavailable or complaints are not handled properly, causing serious harm to a wide range of consumers. #webshop #shopping #delivery
19/10/2024
News To Go
18/10/2024
Hungarian foreign minister talked about a “red line” concerning Ukraine
Admitting Ukraine to NATO would cross a Hungarian "red line" since this would lead to a third world war, the foreign minister said, briefing parliament's foreign affairs committee on Thursday. #nato #ukraine #peterszijjarto #hungariangovernment
18/10/2024
Politics
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Hungary’s EU presidency will lead Romania, Bulgaria into the Schengen Zone – Orbán supports both states
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Top Hungary news: snow covered Hungary, regime change in Budapest parking, forint free fall – 22 November, 2024
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THE ranking: GyÅ‘r’s Széchenyi István University among the top science universities
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Hungarian minister proud that both German and Chinese battery plants are built in Hungary
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Here are the top Hungarian cities for expats seeking a new home
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Drugs situation in Budapest serious, leading politician says
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“Hungarian Iron Dome” deployed near the Ukrainian border, expert says Putin will attack Hungary
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International organization confirmed that the Paks NPP operates safe, dependable
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Regime change in parking in Budapest: Parking ticket machines may be removed in 2026
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Chinese CATL to begin production next year in Hungary!
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