Hungarian economy

18/10/2024

Hungarian forint at 4-month low against USD, further weakening ahead?

The Hungarian forint is at a 4-month low against the American dollar: the exchange rate stands around 370/USD these days. The last time it was that high was in June. What can we expect? #forint #usd #currencyexchange #hungarianeconomy #hungariangovernment
17/10/2024

Minister talks about the Hungarian economy’s future: 3-4% GDP growth, SME program, strict rules for Airbnb, rentals

Márton Nagy, Hungary's national economy minister talked about the future of the bright Hungarian economy at the Portfolio Budapest Economic Forum 2024. Do you believe in 3-6% GDP growth? #gdp #hungarianeconomy #orbancabinet #martonnagy #hungariangovernment
17/10/2024

Attention! Orbán cabinet introduces stricter rules on guest worker employment – UPDATE: foreign workers’ nr

Employers giving job for a guest worker risk high penalties provided they do not comply with the new and stricter rules of the Orbán cabinet. #guestworker #employment #hungariangovernment #hungarianeconomy #orbancabinet
16/10/2024

Entrepreneur association: significant wage rise in Hungary impossible wihtout these measures

The Hungarian entrepreneur and employer association VOSZ said in a statement what Hungarian employers need to increase wages. #vosz #hungarianeconomy
15/10/2024

Summer success: Here are the most popular Hungarian destinations among foreign tourists

Foreign tourists boosted Hungarian tourism in the 2024 summer season:
15/10/2024

Orbán government celebrates success, but Hungary faces its steepest economic decline of the year

The facts are stubborn: industry is in economic decline in Hungary, but the government communicates the opposite...
14/10/2024

Trade neutrality as an EU member? Fidesz launches ‘National Consultation’ on economic issues

Only one fifth of the people who vote usually fill it in, they are only pro-government, and of course they agree with everything the Government says. Then the Government takes the opinion of this 20% of the Hungarian population as the decision of the Hungarian population....
14/10/2024

Big changes are coming: Orbán cabinet presents a deregulation package for tourism

Big changes are coming to the Hungarian market, which will also affect short-term rentals in city centres (e.g. AirBNB)
13/10/2024

PM Orbán announced big plans concerning Hungarian economy today, says he is ready to fight

Prime Minister Viktor Orbán announced a new economic programme at a meeting of Fidesz's parliamentary group. #orbangovernment
13/10/2024

Good news for guest workers: minister says Hungary needs them!

The Orbán cabinet welcomes guest workers in Hungary. #guestworker #hungarianeconomy #hungariangovernment #orbancabinet
13/10/2024

Hungary’s road development project: Massive upgrades announced

Hungarian government unveils unexpected road development plan:
12/10/2024

Will PM Orbán’s plan give “big boost” to the Hungarian economy?

Big boost to Hungarian economy, housing boom, skyrocketing wages in Hungary, growing consumption. Will the Orbán plan work? #hungarianeconomy #viktororban #kossuthradio
11/10/2024

National economy minister: Hungarian government targets rapid wage convergence

The government targets a rapid wage convergence, paired with GDP growth of 3-6pc, from next year, the national economy minister said. #economy #wage
10/10/2024

Latest inflation data out: Hungarian inflation back on target, property prices keep increasing

Did you feel prices decrease in Hungary? #inflation #CPI
09/10/2024

Hungary advocates neutrality in trade policy, says minister

Hungary advocates neutrality in trade policy and is opposed to the creation of economic blocs, National Economy Minister Márton Nagy said. #hungarianeconomy #hungariangovernment
09/10/2024

Good news from the Hungarian economy: National Bank prepared to protect the Forint, inflation likely to fall – UPDATED

The dilemma is as follows: a stronger forint or the long-sought economic growth. Which will the Orbán cabinet choose? #forint #hungarianeconomy #nationalbank #hungariangovernment
09/10/2024

Revolut’s Hungarian expansion: Hiring in progress for local branch

With over 1.5 million users already in the country, fintech company Revolut is now actively seeking professionals to build its local workforce. #Revolut #money #fintech #bank
08/10/2024

Hungarian-Serbian Joint Economic Commission meets in Budapest

🇷🇸🇭🇺 The Hungarian-Serbian Joint Economic Commission convened in Budapest, amendment of bilateral tax treaties: #serbia
08/10/2024

EU presidency – Minister Varga: Finance ministers’ decisions must contribute to building more resilient Europe

Tuesday's #Ecofin meeting in Luxembourg
08/10/2024

The EU cannot keep up with China and the US, says Minister Nagy in Geneva

"Not only has the EU failed to take steps to address the matter, but..." #WorldEconomicForum (#WEF)