Support Program Helping Young Jobseekers to Start in April Latest data from the Hungarian Central Statistical Office (KSH) shows that the number of employed persons increased to 4.723 million... 2024.03.28.
Four Percent Economic Growth Sustainable, yet Deficit Climbs to Alarming Rate The government expects economic growth between two and three percent this year, with ambitions for a sustainable increase to around... 2024.03.26.
President Tamás Sulyok’s First Official Visit Leads to Poland Tamás Sulyok (L) and Andrzej Duda (R) The President of Hungary arrived in Poland on Friday for a working visit... 2024.03.25.
Budapest Airport Can Be a Potential Leader in European Air Cargo Business Passenger traffic at Budapest Airport often takes center stage, yet the real potential for buying back the airport lies in... 2024.03.21.
Audi Hungaria Pays a Record Bonus to Employees after a Successful 2023 It was mainly the site-specific challenges that Audi Hungaria identified as a difficulty when presenting its 2023 results, reports Világgazdaság.... 2024.03.20.
East-West Cooperation a “Huge Opportunity,” Says Péter Szijjártó in Bangkok Bangkok Hungary does not see East-West cooperation as a threat or a risk, but as a huge opportunity from which... 2024.03.19.
Export Performance Has Tripled in the Last Fifteen Years Despite all the global difficulties, last year was an absolute record year in terms of foreign trade indicators, breaking records... 2024.03.13.
Hungary Celebrates 25 Years of NATO Membership The 25th anniversary of Hungary's accession to NATO was commemorated on Tuesday in Independence, Missouri, where Hungary, Poland, and the... 2024.03.13.
Economic and Security Cooperation with the U.S. a “Real Success Story” Last year, trade between the United States and Hungary exceeded nine billion dollars, breaking the record again, while U.S. investments... 2024.03.08.
Minister Calls On the EU to Rethink Its Policies on State Subsidies The BYD bus factory in Komárom The European Union should be involved in the state aided competition between the United... 2024.03.04.
Tourism Sector’s Growth Fuels Economic Recovery In January 2024, the tourism accommodation sector experienced remarkable growth, with turnover increasing by 11%. This performance exceeded the pre-war... 2024.02.28.
Statistical Office Reports Huge Growth in Real Wages In December 2023, the Central Statistical Office (KSH) reported that the average gross earnings of full-time employees were HUF 655,600... 2024.02.23.
Republican Senator Says U.S. Will Need to Reassess Its European Allies The Munich Security Conference Senator J.D. Vance's address at the Munich Security Conference sparked significant discussion regarding U.S. aid provisions... 2024.02.21.
Huge Expansion to Logistics Infrastructure Gets Green Light Under the Science and Innovation, Technology, Industry and Logistics Park Council's (Council) decision on Tuesday, three new rural industrial parks... 2024.02.21.
Hungary’s Defense Forces Are Steadily Improving "NATO is made up of national armed forces, therefore every member state needs to develop its army. Hungary, committed to... 2024.02.16.
Defense Industry Grows into a Business Worth Billions Since the end of the summer of 2020, the Hungarian defense industry has been enjoying a renaissance. Moreover, within a... 2024.02.16.
Minister of National Economy Says Slowdown in GDP is Temporary In the last quarter of 2023, the Hungarian economy faced challenges with a modest year-on-year growth of 0.4% and stagnation... 2024.02.14.
Has Romania Really Caught up with Hungary in Economic Development? The Oeco-Index measuring countries' economic development in the EU In October 2023 the Hungarian opposition media was in celebratory mood... 2024.02.14.
Economic Analyst Warns against Austerity Measures It would be a mistake to reintroduce austerity measures that have already failed miserably and proven to be ineffective, as... 2024.02.06.
Minister Szijjártó: Hungarian Presidency to Make Arguments for a European “Eastern Opening” The European Union is in great need of eastern investments and eastward trade. If the community puts obstacles in their... 2024.02.02.
Minister Encourages U.S. Companies to Reinvest Their Profits in Hungary One of the American Coca-Cola plants in Hungary The Minister of National Economy Márton Nagy gave a presentation at the... 2024.02.02.