Economic Relations with China Have Reached a New Level "Over the past decade, Hungary has established itself as a bridge for economic cooperation between Europe and China," stated Minister... 2024.04.02.
The Economy Returns to Growth, Minister of Finance Says The Hungarian economy is poised to return to growth this year, with expectations that it could rank among the top... 2024.03.22.
OECD Report Confirms Hungary’s Sustainable Growth Prospects Secretary-General of OECD, Mathias Cormann The Hungarian economy is poised to return to a sustainable growth trajectory this year, the... 2024.03.07.
Ministry for National Economy to Propose a Law for Cryptocurrency Regulation Countries worldwide are grappling with the challenge of monitoring and regulating cryptocurrencies, with differing approaches being taken. In Hungary, the... 2024.03.05.
Viktor Orbán Is Calling for Economic Vigilance In 2024 Prime Minister Viktor Orbán's recent remarks at the Economic Year 2024 opening event of the Hungarian Chamber of Commerce and... 2024.03.04.
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.
Gedeon Richter Pharma Company Anticipates Double-Digit Growth Gedeon Richter, the renowned pharmaceutical giant, is gearing up for another year of exceptional growth and expansion, building on its... 2024.03.01.
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.
OXO Labs to Invest in Nine Tech Start-ups This Year OXO Labs, a subsidiary of OXO Technologies Holding, plans to invest in at least nine technology start-ups over the next... 2024.02.15.
Analysts’ Insights on Current Economic Landscape Inflation may have fallen into the National Bank's tolerance band for the first time in almost three years in January,... 2024.02.08.
International Recognition Received for Effective Debt Management Finance Minister Mihály Varga announced on his social media page that Hungary has won the International Financing Review's (IFR) 2023... 2024.02.07.
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.
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.