Study Exposes Massive Financial Losses due to Counterfeiting In Hungary, counterfeiting has incurred a cost of EUR 189 million in lost income and has led to the loss... 2024.01.29.
Minister of Finance: “Disciplined fiscal policy must be continued in 2024” "Sober, moderate, and disciplined policies are crucial, and we must continue our focused fiscal policy this year," stated Minister of... 2024.01.29.
Leading European Agency Recommends Hungary for Investment The Mercedes plant in Kecskemét (central Hungary), one of the many important investments in the automotive sector Scope Ratings recommends... 2024.01.29.
German-Hungarian Chamber of Commerce’s Goal is to Be Predictable in the “Decade of Unpredictability” "We are living in a decade of unpredictability; the global economic environment has presented us with challenges we were not... 2024.01.26.
Housing Loans Remain Budget-Friendly despite Higher APRs than 2021 Housing loans have become more affordable compared to a year ago, but long-term interest rates remain relatively high, as reported... 2024.01.22.
53 Billion Forints Secured in New EU Transfer On Wednesday, Minister of Finance Mihály Varga announced that Hungary has received an additional EU transfer of HUF 53 billion... 2024.01.17.
Our Goal in 2024 Is an Economic Restart, Says Deputy State Secretary Gábor Szőcs, Deputy State Secretary of the Ministry of Finance, emphasized the potential for Hungary to be among European leaders... 2024.01.16.
Government to Focus On Fortifying the Pillars of Economic Growth The Hungarian government is committed to achieving economic growth exceeding four percent in the current year, with a focus on... 2024.01.11.
Further Reductions in Deficit and Public Debt Announced In the challenging backdrop of war, energy sanctions, and a volatile global economic scenario, the Hungarian budget faced considerable strain... 2024.01.10.
Childcare and Home-care Allowances Rising from January 1 Since 2010, the government has prioritized a stable Hungarian economy, fostering resilient families, and supporting family formation, ensuring progress in... 2024.01.08.
Forint Surges as Report Shows Record Trade Surplus The forint was trading at 380.5 at 8 a.m. on Thursday morning when the Hungarian Central Statistical Office (KSH) released... 2024.01.04.
Minister of Finance Addresses Economic Growth and Budget Stability This year marks the focus on strengthening economic growth, and that the budget situation remains stable, according to Finance Minister... 2024.01.04.
Minister of National Economy Forecasts Inflation between 5-6% in 2024 Economic growth could be around four percent this year after the recovery from the recession began last year, Minister of... 2024.01.04.
Budapest Airport Reacquisition Nears Finalization Negotiations on the reacquisition of Liszt Ferenc International Airport are already at a stage where a final agreement between the... 2024.01.03.
From Modest to Carefree: Calculating Hungary’s Living Expenses In the latest quarterly poverty survey of the Equilibrium Institute (Egyensúly Intézet), a net monthly income of HUF 250,000 (EUR... 2024.01.02.
Outgoing President of the Fiscal Council Describes 2023 as a Weak Year Adjusting this year's deficit target to 5.2 percent was inevitable, and it is possible that the budget deficit will end... 2023.12.28.
Hungarian Economy Forecasts Growth in 2024 In a recent statement, László Parragh, President of the Hungarian Chamber of Commerce and Industry (MKIK), expressed optimism about the... 2023.12.27.
BYD, World’s Top Electric Car Manufacturer to Build European Factory in Szeged "China's BYD, the world's largest electric car manufacturer (by volume), is to build its first European factory in Szeged. This... 2023.12.22.
Over HUF 30 Million in Support of Innovation Projects under a Grant Scheme The National Research, Development, and Innovation Office (NKFIH) has successfully closed the call for proposals entitled Support for Innovation Projects... 2023.12.22.
Economist Gábor Horváth Named Fiscal Council President for Six-Year Term Economist and risk management expert, Gábor Horváth was appointed as President of the Fiscal Council with a mandate from January... 2023.12.13.
Online Invoicing System Aligns with the Objective of Whitening the Economy One and a half million people have already registered for the NAV's (National Tax and Customs Administration) online invoicing system,... 2023.12.11.
