Fifth Orbán Gov’t to Change Policy and Focus on Economic Crisis Management? Sunday’s parliamentary elections in Hungary have concluded, resulting in Viktor Orbán's fourth term in a row. The new political leadership... 2022.04.05.
Orbán’s Election Victory Significantly Raises Share Prices of Fidesz-linked Companies Following Sunday's general election in which Fidesz won a fourth successive supermajority, the forint started a slight strengthening against the... 2022.04.04.
The Greatest Economic Challenges of the Fifth Orbán Government Now that Viktor Orbán’s Fidesz-KDNP alliance has been elected for the fourth time in a row, the question arises of... 2022.04.04.
IT Minister Palkovics: Capacity Ready to Produce Buses for Export Four Hungarian bus makers are now able to manufacture vehicles for export as well as meeting domestic demand, László Palkovics,... 2022.04.02.
MOL: Immediate Withdrawal from Russian Oil Would Create Supply Problems There is growing international pressure on EU countries to extend sanctions against Russia, for example by cutting off imports of... 2022.04.02.
Rosatom Opens Account at Lőrinc Mészáros’ MKB Bank after Sberbank Fall Rosatom Central Europe Kft., the Hungarian subsidiary of Russia's Rosatom which is in charge of building Paks 2, opened an... 2022.04.02.
Finance Minister: Public Debt down More than Earlier Projected Fresh data show that the public debt dropped to 76.8 percent of GDP by the end of last year, lower... 2022.04.02.
Hungary ESA Government Deficit Ratio 6.8% in 2021 Hungary's government sector had a 3,736 billion forint deficit in 2021, equivalent to 6.8 percent of GDP, calculating with the... 2022.04.01.
Toray Inaugurates HUF 127 Bn Battery Separator Film Plant Japanese-owned Toray Industries Hungary inaugurated a 127 billion forint (EUR 344.6m) battery separator film plant in Nyergesújfalu, on Thursday. The... 2022.04.01.
25% Meat Price Increase on the Horizon in Hungarian Stores If the war gets prolonged, the production prices of meat and dairy products are also expected to rise by 30-40... 2022.04.01.
MOL CEO: “As Long as Gasoline Price Cap Is in Place, There Will Be Tensions in Supply” "We are at home in this region, this is a responsibility, and shareholders must also take note of this," said... 2022.04.01.
EC Clears EUR 280 million Tourism Recovery Scheme in Hungary The European Commission on Wednesday said it approved a 280 million euro Hungarian investment scheme to support a sustainable recovery... 2022.03.31.
GDP Growth in 2021: Hungary Surpasses Portugal In 2021, Hungary's GDP per capita based on purchasing power parity grew by two percent relative to the EU average,... 2022.03.31.
FinMin: Russian Energy Supplies Can’t be Replaced Overnight Even those who demand that Hungary cut off its energy supply from Russia must admit that it is impossible to... 2022.03.30.
Govt to Spend Huf 200 Bn on Infrastructure, Science Parks at 20 Universities The government is ploughing 200 billion forints (EUR 539.0m) into the development of infrastructure and science parks at twenty universities... 2022.03.30.
Hungary’s Budget Deficit Reaches Record High amid Russia-Ukraine War The Orbán government accumulated a HUF 1,585 bn (EUR 4.3 bn) deficit in the month of February, Hungary’s biggest February,... 2022.03.30.
EIB Group Invests EUR 891 Million in Hungary in 2021 The European Investment Bank Group provided a total of 891 million euros to the Hungarian economy in 2021, a record... 2022.03.29.
Hungarian Pavilion at Dubai Expo Draws a Million Visitors The Hungarian pavilion at the 2020 World Expo in Dubai has attracted one million visitors since the fair opened in... 2022.03.29.
Inflation Likely to Rise Dramatically from May After the 2022 parliamentary elections, the lifting of the price cap on food and fuel would lead to a surge... 2022.03.29.
Budapest Airport Terminal 1 To Reopen in 2024 Terminal 1 at Budapest Airport, which was closed nine years ago, will open in 2024, according to plans, and remain... 2022.03.29.
Wages Grow by 13.7% in January Wages grew by an annual 13.7 percent in January, up from 9.7 percent in December, the fastest growth in 18... 2022.03.28.
