Hungarian economy

09/09/2024

Orbán promises to increase wages and family subsidies

A draft of a budget for peace-time has been prepared, "we will raise wages and family subsidies", PM Orbán said in a Facebook post. #budget #subsidies #wages
09/09/2024

PM Orbán’s political director: ‘Hungary must represent a policy of economic neutrality’

"We do not want confrontation between the blocs, we reject the policy of the formation of blocs as we also reject the regime of sanctions and ideology or geopolitics driven trade relations," he said. #Orbán #economy #Europe #politics
08/09/2024

According to the ministry, the Hungarian fuel prices are favourable

Do you agree? #fuel #car #economy
06/09/2024

Hungary in trouble? Orbán cabinet issues samurai bonds

Hungary issued JPY 39.6bn of samurai bonds denominated in Japanese yen. #samuraibonds #economy #orbangovernment
06/09/2024

Hungarian minister travelled to Beijing for more Chinese loans? – UPDATE: pact signed

Márton Nagy is Beijing to convince the Chinese to support Hungarian developments. In July, the Orbán cabinet took out a EUR 1 billion loan. #orbancabinet #china #infastructure #development #money #loan
06/09/2024

Hungarian central bank governor says PM Orbán derailed Hungary’s economy

The central bank governor said there was no economic policy direction in Hungary between 2021 and 2024, jeopardizing the achievements and goals. #mnb #centralbank #government #orbancabinet #viktororban #gyorgymatolcsy
05/09/2024

Hungarian central bank governor calls for economic policy turnaround

György Matolcsy said that a loss of economic policy direction between 2021 and 2024 has undermined the achievements of the 2010s. #nationalbank #centralbank #bank #money #economy
05/09/2024

Hungarian minister meets battery recycling company executives in China

The sides reviewed possible investments in Hungary by Chinese battery recycling companies. #China #battery #economy
04/09/2024

Historic Lidl announcement concerning Hungary

Historic Lidl announcement in Hungary: here's what the German chain will build in Kiskunfélegyháza. #lidlmagyarorszag
04/09/2024

Hungarian Festipay strategic agreement for cashless payment services in the Middle East – UPDATED

Will Hungarian integrated cashless payment solutions and event planning services conquer the Middle East? #middleeast #festipay #gss #economy
04/09/2024

Industrial solar plant peak production breaks record in Hungary

On August 23 the output of industrial solar power plants, measured every quarter of an hour, reached a record high 3,334 MW. #solarpower #renewableenergy #energy
04/09/2024

Chinese money will save the collapsing Hungarian railway system?

Hungary would develop its railway system with Chinese money. #china #money #development #railway #infrastructure
03/09/2024

Hungarian economy struggles: latest figures reveal significant downturn

The Hungarian Central Statistical Office (KSH) has detailed how the GDP data for April-June were compiled, confirming the worst expectations in the Hungarian economy. The KSH confirmed […]
03/09/2024

Hungary and Slovenia’s foreign ministers hold key talks on bilateral and regional issues

Hungary's two largest companies are also major players in Slovenia:
02/09/2024

Hungarian economy shows disappointing latest data

The market may be pessimistic after the release of the KSH data...
29/08/2024

Europe’s biggest online webshop enters Hungary this year

The Eastern European Amazon plans to conquer Hungary soon. #allegro #poland
29/08/2024

Economic cabinet: Hungary needs ‘peace budget’

Hungary's Economic cabinet said the country needed a 'peace budget'. Do you agree with them? #budget #hungariangovernment
28/08/2024

Orbán cabinet acknowledges that food prices skyrocketed in Hungary – investigation begins

The authorities have launched an investigation into retail chains that have made parallel and big price increases for basic food produce. #food #government #orbancabinet #economycrisis #hungarianeconomy
28/08/2024

Hungary’s central bank keeps base rate on hold

Hungarian central bank rate-setters kept the base rate unchanged at 6.75 percent. #centralbank #money #economy
25/08/2024

Hungarian government plans significant minimum wage increase – Could EUR 1,000 become the new standard?

Do you think the government’s plans for the minimum wage are realistic?