Statistical Office Reports Surging Salaries in May In May this year, the average gross earnings of full-time employees were HUF 652,000 (EUR 1,657), with average net earnings,... 2024.07.25.
Hungary Partners with Axiom Space for Second Astronaut Mission Hungary has finalized an agreement with the US company Axiom Space to launch the second Hungarian astronaut into space on... 2024.07.24.
Medieval Church Ruins Near Lake Balaton to be Renovated Ekho Architect Studio has developed plans to renovate the historic Avas Truncated Tower (Avasi Csonkatorony) and its surroundings in Szigliget... 2024.07.23.
Renovation of Heroes Square’s Famous Archangel Gabriel Statue Begins For the first time in over 120 years, the Archangel Gabriel statue atop the Millennium Monument in Heroes' Square, Budapest,... 2024.07.20.
Cultural Festival Awaits Wine and Jazz Lovers in Debrecen 60 wineries and one 180 musicians will take part in this year's Wine and Jazz Days in Debrecen's Nagyerdő (forest... 2024.07.18.
Innovation Agency to Boost Startups in International Markets From August, the Hungarian Innovation Agency (NIÜ) will relaunch workshops to prepare innovative businesses and startups for international markets through... 2024.07.18.
Sziget Festival to Undergo a Makeover, Introducing New Thematic Venues The 30th Sziget Festival is introducing an exciting new feature. This year, the program will be divided into 'thematic zones,'... 2024.07.17.
Hungarian Countryside Becomes the new Favorite of Foreigners Looking to Settle A demographic crisis has hit Lake Balaton, as it is suffering from an ageing population well above the national average.Wealthy,... 2024.07.11.
Hungary Could Face Third Excessive Deficit Procedure in Ten Years The European Commission has decided that an excessive deficit procedure is warranted for Hungary and six other EU member states,... 2024.07.11.
The Expected Turnaround – Fuel Price Cuts Start Immediately After a long time, fuel prices in Hungary will start to fall, based on a recent data release from Holtankoljak,... 2024.07.11.
Unexpected Fall in Inflation Rate Surprises Analysts Despite analysts' expectations of stagnating inflation, Hungary saw a surprising decrease in the rate of monetary deflation in June, following... 2024.07.10.
Economy Minister Summons Fuel Retailers over “Unacceptable Prices” Minister for National Economy Márton Nagy summoned representatives of Hungarian fuel retailers, i.e. representatives of the Hungarian Petroleum Association, including... 2024.07.09.
Government Plans to Go after those it Deems Profiting from the War in Ukraine The Government has announced what they called a "comprehensive anti-war action plan" and several economic measures aimed at addressing the... 2024.07.08.
Fuel Prices Crawling Upwards, Government Ready to Intervene Fuel prices are once again above the average prices of neighboring countries, therefore the government will put the issue on... 2024.07.03.
Public Opinion Supports EU Focus on Demographic Decline A recent survey by the Mária Kopp Institute for Demography and Families (KINCS) reveals that Hungarians are deeply concerned about... 2024.07.02.
First Quarter 2024 Deficit-to-GDP Ratio Stands at 5.4 Percent According to preliminary data released by the Hungarian Central Statistical Office (KSH) on Tuesday, the government sector recorded a deficit... 2024.07.02.
18th Szederinda International Festival Celebrates Folk Culture in Eger This weekend marks the 18th edition of the Szederinda International Festival in Eger (northeastern Hungary), where folk dancers and musicians... 2024.06.28.
Hungarian-developed VR Space Cabin Unveiled The first fully Hungarian-developed simulation space cabin equipped with VR technology was presented in Budapest on Thursday. The SpaceBuzz-HU, that... 2024.06.28.
Central Statistical Office: 6,284 Children Born, 9,501 People Died in May In May 2024, Hungary saw 6,284 births and 9,501 deaths, reflecting an 11 percent decrease in births and a 6.2... 2024.06.27.
Italy to Be this Year’s Guest of Honor at the Balaton Wine & Gourmet Festival In addition to more than 50 restaurants and wineries of the Balaton region, this year Balaton Wine & Gourmet will... 2024.06.26.
New Gastronomic Guide Lists the Best Culinary Offers at Lake Balaton Around 300 restaurants, beach bistros, cafés and pastry shops, including fifty new places, are listed in the Balaton 2024 Gastro... 2024.06.26.