Hungarian economy
Good news: EU’s excessive deficit procedure against Hungary suspended
The European Commission has suspended an excessive deficit procedure (EDP) against Hungary, the National Economy Ministry said. #deficit #hungarianeconomy #europeanunion #europeancommission
Hungarian pharmacies announce price restrictions
Local pharmaceutical sector players have started announcing voluntary price restrictions, National Economy Minister Márton Nagy said. #pharmacies #pharmacy #medicine #hungariangovernmnet #price
Hungarian government plans refined as budget figures shift 🔄
New budget figures: financing consists of 50 percent net institutional forint issuance, 30 percent institutional foreign currency issuance, and 20 percent retail securities purchased by households:
Hungary’s Q1 economic stagnation confirmed, OECD predicts turnaround
Hungary’s economy showed no year-on-year growth in Q1, the stats office confirms — but the OECD expects a rebound ahead. Is recovery on the horizon? 📉📈 #Hungary #Economy #OECD #GDP...
Good news: Microsoft commits to teach AI Hungarian
Microsoft is adopting a commitment package and will be developing its own AI-based systems using 10 billion Hungarian words. #microsoft #artificialintelligence #ai #gvh
PM Orbán: Pro-war, pro-Ukrainian propaganda network operating in Hungary UPDATED
Hungarians' heating bills would quadruple and electricity bills double if Ukraine's plan to prevent buying Russian energy pans out, PM Orbán said. #viktororban #ukraine #energy
Markup cap on household products comes into effect in Hungary
The government has decided to mandate a 15pc cap on markups on household products in 30 categories from Monday to help protect families and pensioners, the National Economy Ministry said...
EBRD forecast points to strengthening Hungarian economy
The EBRD said Hungary's economy was likely to be "heavily affected" by additional import tariffs imposed by the United States:
Insurers have taken steps to keep home insurance premiums low in Hungary
The National Economy Ministry welcomed insurers’ voluntary decisions to comply with a request from the government to mitigate “unjustified” home policy premium increases in a statement issued on Monday. In...