FM Szijjártó Hails 2021 Investment Records Hungary broke "two great, investment-related records" last year despite negative developments in the global economy, Péter Szijjártó, the minister of... 2022.01.06.
The Most Popular Cars of 2021 in Hungary As a result of the global chip shortage, the constant delays in the delivery of components, the inflation of Hungary’s... 2022.01.05.
Hungary Jobless Rate Down to 3.7% in November Hungary's jobless rate was 3.7 percent in November, down from 3.9 percent in October, the Central Statistical Office (KSH) said... 2022.01.05.
Gov’t to Launch 2nd Round of Tenders for Companies Harmed by Brexit The government is launching a 12 billion forint (EUR 32.6m) second round of tenders for companies harmed by Brexit, Péter... 2022.01.05.
Aldi Store Managers May Earn More Than HUF 1 million after Recent Hike Inflation, rising employment shortage, and the increase of the minimum wage are pushing wages further up in the commercial/retail sector... 2022.01.05.
Three Iconic Budapest Restaurants to Close amid Uncertainty Uncertainty due to the coronavirus and accompanying hospitality-related difficulties have definitely left their mark on the Hungarian hospitality industry. Olimpia,... 2022.01.04.
Gross Wage Growth Slows to 8.5% in October Year-on-year wage growth in Hungary slowed to 8.5 percent in October from 9.1 percent in the previous month, data released... 2022.01.04.
Gov’t Sector Deficit Reaches to Almost 4% of GDP in Q1-Q3 Hungary's government sector deficit reached 1,570 billion forints (EUR 4.3bn) in Q1-Q3, equivalent to 3.9 percent of GDP, preliminary data... 2022.01.04.
Finance Minister: Credit Rating Agencies Upbeat on Hungary’s Economy Hungary ended 2021 with investment grade status from all three major credit rating agencies, Finance Minister Mihály Varga said on... 2022.01.03.
Fully Electric Vehicle Ownership in Hungary up 50% The number of fully electric vehicles in Hungary grew by 50 percent in January-October, to 18,800, the Future Mobility Association... 2021.12.31.
Public Debt Set to Decline, Finance Minister Says Mihály Varga, in an interview with pro-Fidesz daily Magyar Nemzet, said there is a high chance that Hungary's public debt... 2021.12.31.
GP, Dentist Wages to Increase by 40% Government allocation for the salaries of general practitioners and dentists who are community practice members will increase by over 40... 2021.12.31.
FinMin: Govt to Allocate HUF 25 Bn to Investment Support Programme in 2022 The government's investment support programme for large companies will continue in 2022 with a 25 billion forint (EUR 67.6 million)... 2021.12.30.
Number of Researchers in Hungary Doubles since 2010, Eurostat Reports The number of people in Hungary carrying out R and D has doubled in just over a decade, the fastest... 2021.12.29.
Finance Ministry Targets 5.9% Economic Growth Next Year The finance ministry says it expects the economy will grow by 5.9 percent next year. The 2022 budget law targets... 2021.12.29.
Finance Minister: Economy in Ruder Health Than After Previous Crisis Hungary's economy grew by 6.4 percent this year as opposed to a contraction of 6.6 percent the year after the... 2021.12.28.
Number of Jobseekers Falls to 238,700 in December The number of registered jobseekers in Hungary fell to 238,700 in December, state secretary Tamás Schanda said. The number is... 2021.12.28.
Budapest Transport Staff Eyeing “Record” Hike Budapest public transport company BKV will use a total of 10.5 billion forints (EUR 28.4m) to raise the wages of... 2021.12.28.
Tourism Agency Head Attributes Good Year to Domestic Tourists Hungary's tourism sector performed a lot better this year than in 2020 on the back of increased domestic traffic, the... 2021.12.27.
Central Bank Head Matolcsy: Monetary Tightening to Continue in 2022 The cycle of interest rate raises started in June will continue in 2022, as long as it is necessary to... 2021.12.27.
Banking Association Does Not Support Mortgage Rate Freeze The Hungarian Banking Association on Thursday said it does not support a temporary government freeze of mortgage loan interest rates.... 2021.12.24.