Why Has Standard & Poor Downgraded Hungary’s Outlook According to the rating agency Standard and Poor's, the BBB category means that the country can meet its debt obligations... 2022.08.23.
Wizz Air Faces Investigation by Government Office Low-cost airline Wizz Air is facing an investigation due to numerous complaints from passengers. Wizz Air's competitor, Ryanair, has already... 2022.08.23.
Major Tobacco Industry Development Announced in Hungary The tobacco industry has become a significant sector in Hungary, partly thanks to the Hungarian family-owned Continental Tobacco Zrt. The... 2022.08.23.
Political Debate around Withheld EU Funds Rages On Hungary and Poland have yet to receive their share of the EU recovery fund. Many see political reasons behind this.... 2022.08.23.
Hungarian Government Intends to Buy Stake in Vodafone Hungary On Monday, Minister of Economic Development Márton Nagy announced the intention to buy a minority stake in Vodafone Hungary, part... 2022.08.23.
After Budapest, London May also Opt Out of Global Minimum Tax Hungary has said "no" to the global minimum tax, which led the US to break its double tax treaty with... 2022.08.22.
Significant Increase in Demand for Solar Panels in Hungary Demand for solar panels has increased significantly in the past two to three weeks, the president of the Hungarian Solar... 2022.08.19.
Payments for Rural Development Tenders Continue to Be Dynamic Despite all the difficulties, development projects in the agricultural sector are still going ahead in the current war-torn economic environment,... 2022.08.19.
Republicans with Viktor Orbán against Global Minimum Tax In an analysis about the Global Minimum Tax’s prospects, Foreign Affairs pointed out that both the Hungarian government and US... 2022.08.18.
Finance Minister Hails GDP Growth International media outlets and experts call Hungary’s GDP growth "better than expected." According to Finance Minister Mihály Varga, the country’s... 2022.08.18.
The Hungarian Agriculture Sector Needs Strength and Unity Instead of Division This year will test the strength and perseverance of Hungarian farmers like never before, but unity is needed in Hungarian... 2022.08.18.
German-made Howitzers Roll Into Hungary. Are They Any Good? On Wednesday the second Rheinmetall-made PzH2000 self-propelled howitzer has arrived in Hungary. Although the PzH2000 is considered to be one... 2022.08.18.
New Metro Line a Priority Investment Project in Budapest Government developments will make it increasingly worthwhile to opt for the local rail service (HÉV), which will provide easy access... 2022.08.17.
Government to Aid Small Petrol Stations with Billions The government will continue its support for small petrol stations, with HUF 18.5 billion (EUR 45 million) earmarked for this... 2022.08.17.
Multi-Billion Development in Disaster Management The Hungarian Defense Forces will implement a multi-billion forint disaster management development, the Ministry of Defense told MTI on Monday.... 2022.08.16.
Hungary Has Fourth Largest Gas Storage Capacity in the EU Hungary has been one of the most forward-thinking countries in terms of gas storage, with the fourth largest gas storage... 2022.08.16.
Rise in Current Account Deficit Throws Down the Gauntlet to Hungarian Economists After a drop in May, the Hungarian national monthly current account deficit increased to EUR 806 million in June, to... 2022.08.16.
Minister Palkovics Discusses Defense Cooperation in Ankara Drones, armored vehicles, and solar panels – Hungary wants to increase its cooperation with Turkey in the areas of defense... 2022.08.16.
Gazprom Starts Delivery of Above-quota Gas to Hungary Hungary's government wants to guarantee the country's energy security by ordering delivery of additional gas from Gazprom. Russian energy company... 2022.08.15.
Hungary to Significantly Increase Domestic Gas Production It's a little known fact that Hungary has its own gas fields in the southern part of the country where... 2022.08.12.
EUR 7.4 BN Battery Plant to be Built in Debrecen The city of Debrecen will become the host to the largest industrial investment in Hungarian history The largest investment... 2022.08.12.