money

04/11/2024

BREAKING: OTP Bank shocks customers with fee increases

As we approach 2025, OTP Bank is the first to announce fee hikes after the new government regulations. What does this mean for everyday consumers? Check out or article to find out!
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!
02/11/2024

Digital currency revolution: Hungary prepares for the future with a digital forint

The Hungarian Central Bank is exploring the potential of a digital forint for wide-scale use, currently in a test phase for youth aged 8–14 since March of last year. #digital #money #currency #forint
01/11/2024

Hungarian billionaire, founder of LiveJasmin, bought himself into Playboy

György Gattyán, the father of LiveJasmin, an adult camming website, bought himself into the 68-year-old Playboy and believes, thanks to his investment, he could renew the franchise. #gyorgygattyan #livejasmin #playboy
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
29/10/2024

Opposition MEP accuses Orbán government of neglecting EU funding, warns of potential losses exceeding EUR 2.5 billion

Hungary is at risk of losing about HUF 400 billion (EUR 1 billion) in 64 days' time should Prime Minister Viktor Orbán "continue to play the role of the EU's tantrum child", the MEP said. #EUfunds #money #Orbán
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

Budapest mayor Karácsony: Fidesz wants to deprive Budapest of EU funding

If it were up to the ruling Fidesz party's group in the city assembly, Budapest would miss out on HUF 40 billion (EUR 160 million) of European Union funding, he said. #EUfunds #Budapest #money
26/10/2024

In January, you can buy around 40 astonishing Hungarian castles!

The government will put around 40 more castles up for privatisation in January, Construction and Transportation Minister János Lázár said in Békéscsaba. #hungariancastles #hungariangovernment #janoslazar
26/10/2024

Erasmus, Horizon programs returns to Hungarian universities?

The minister of culture and innovation held consultation talks in Brussels about the relaunch of the Erasmus and Horizon programmes in Hungary. Will they return or will Brussels continue to exclude the students and teachers of 21 Hungarian universities from the programs? #erasmus #horizon #hungarianuniversities
26/10/2024

How Orbán’s Danube Institute spent millions in public funds on U.S. lobbyists

But is this the best use of public money? What are your thoughts on using taxpayer funds for international influence?🤔
24/10/2024

Survey assesses Hungarians’ financial health, and the results are far from encouraging

The National Bank of Hungary revealed the results of its inaugural survey on Hungarians' financial health on Thursday. #finance #money #nationalbank
24/10/2024

Hungarian finance minister calls for bigger role of development banks in crisis management at G20 meeting

Finance Minister Mihály Varga said international development banks needed to play a bigger role in managing crises. #developmentbank #finance #money #g20
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
23/10/2024

Forint plummets to over 403 against euro, hitting 2-year low

On Wednesday afternoon, the Hungarian forint dropped to over 403 against the euro, marking its weakest level since September 2022. #forint #euro #currency #money
23/10/2024

Hungary becomes EU’s most expensive state to run all the while underfunding healthcare

Hungary allocates disproportionately high sums to operating the state while underfunding vital sectors like healthcare and education. #state #propaganda #healthcare #education #money
23/10/2024

Budapest mayor Karácsony advocates for cities’ direct access to EU funding at Eurocities meeting

There is a consensus among European city leaders that cities should have more direct access to EU funding, Budapest Mayor Gergely Karácsony said. #Karácsony #Budapest #EUfunding #money
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

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

House frozen in time: Inside Pest County’s abandoned modern villa

Curious explorers ventured inside and found some papers that provided a possible background story of the luxurious villa covered in dust. #economy #housing #PestCounty #villa #architecture