MOL Secures Third Spot in CEE Rankings, despite Decline in Revenue MOL's Tiszaújváros (northern Hungary) plant. After three years, the automotive and transport sectors have regained the lead, but 2024 does... 2024.11.20.
13th Month Pension under Attack: Brussels Pushes for Reform An OECD proposal has been presented, suggesting measures such as raising the retirement age, tightening the Women40 (Nők40) program, restricting... 2024.11.20.
2025 to Be the Year of Investments Finance Minister Mihály Varga gave an interview to Kossuth Radio on Sunday, presenting the state's 2025 budget. He said that... 2024.11.18.
Patriots for Europe Alliance Holds First General Assembly in Paris The Patriots for Europe (PfE) alliance held its inaugural general assembly in Paris, marking a significant step for Europe’s sovereignist... 2024.11.18.
PM Orbán: “We need to end the war, or the vitality will not return to the economy” In a recent interview on Kossuth Radio’s Good Morning, Hungary! program, Prime Minister Viktor Orbán addressed several pressing economic and... 2024.11.15.
Wage Growth Signals 2025 a Financially Brighter Year Hungary’s economy is currently navigating between inflation control, labor market challenges, and efforts to boost wage growth. After enduring a... 2024.11.15.
From Stagnation to Growth: Economic Revival Predicted for Next Year The Hungarian economy may expand at a slow pace of below 1% this year, partly due to the unfavorable international... 2024.11.15.
Latest Statistics Show Strong Wage Growth and Rising Employment Rates The latest data from the Hungarian Central Statistical Office (KSH) offers insights into the country's labor market, focusing on wage... 2024.11.13.
Stable Inflation Reflected in Moderate Price Growth for Consumers Consumer prices in October 2024, were on average 3.2% higher than a year earlier. On average, they rose by 0.1%... 2024.11.13.
2025 Budget: Focus on Economic Growth and Fiscal Discipline Finance Minister Mihály Varga (L) hands over the 2025 draft budget to János Latorcai, Vice President of the National Assembly.... 2024.11.12.
Credit Agency Affirms Investment-Grade Rating, Proving Economic Resilience The Berlin-based Scope Ratings has confirmed Hungary's investment-grade rating with a stable outlook, the Finance Minister said on his Facebook... 2024.11.11.
“If this is isolation, we’ll take it,” Foreign Minister Remarks World leaders during the EPC Summit in Budapest on November 7. In a recent interview on Kossuth Radio, Foreign Minister... 2024.11.11.
Government Expects the New Action Plan to Trigger an Economic Turnaround Minister for National Economy Márton Nagy speaking at the Portfolio Budapest Economic Forum on October 17, 2024 "We are going... 2024.10.31.
S&P Reaffirms Ratings in Hungary’s Economic Resilience and Growth Potential Standard and Poor's has confirmed that it continues to recommend Hungary for investment, with the three major rating agencies all... 2024.10.28.
Slovakia Follows Hungary’s Example in Minimum Wage Increase In Slovakia, the minimum wage will rise to 60 percent of the national average wage in 2024 from 2026, writes... 2024.10.24.
Central Bank Makes Decision on Interest Rates The Hungarian Central Bank (MNB) will not continue its easing, as the monetary council kept the base interest rate at... 2024.10.22.
US Working Capital Vital in Guaranteeing Economic Neutrality, Says Foreign Minister US companies continue to be the second largest investor community in Hungary, and thus play a major role in guaranteeing... 2024.10.18.
A Successful Economy Needs Free Trade with West and East, Prime Minister Says Economic policy and a new economic program were the focus of Viktor Orbán's private speech at the Fidesz-KDNP's closed-door parliamentary... 2024.10.14.
“World-class exhibition in a world-class museum” – Viktor Orbán Opens New Collection "In the current situation in Europe, we Hungarians can only survive if we live our culture and traditions," Prime Minister... 2024.10.11.
Annual Inflation Hits a New Low In September, consumer prices were on average 3.0% higher than a year earlier, while they fell by 0.1% on average... 2024.10.10.
Economy Is on the Road to Consolidation, Says Finance Minister The Hungarian economy is on the road to consolidation and economic growth, said the Finance Minister at Wednesday's meeting of... 2024.10.10.
