Trade Minister: Gulf Countries Offer Opportunities for Tech-Oriented Hungarian Companies Tech-oriented Hungarian companies can benefit greatly from the opportunities offered by the Gulf countries, and the Hungarian government is fully... 2022.02.03.
Central Bank Books Loss for First Time under Matolcsy The National Bank of Hungary (MNB) has closed 2021 with negative financial results for the first time since incumbent governor... 2022.02.02.
Price Cap in Grocery Stores Comes into Effect Starting today, Tuesday, people will pay the same amount as on October 15, 2021, for granulated sugar, wheat flour, sunflower... 2022.02.01.
First Module of AI Supercomputer Developed by OTP Bank and Innovation Ministry Inaugurated The first module of an AI supercomputer built in partnership between the Ministry of Innovation and Technology (ITM) and OTP... 2022.01.31.
Factory Gate Price Rise Accelerates to 22 % in December Factory gate prices in Hungary rose by an annual 22.3 percent in December, accelerating from a 21.6 percent increase in... 2022.01.31.
Lidl Introduces Quantity Restriction in Response to Price Cap As we have reported before, the Hungarian government introduced a price cap for seven food products which comes into effect... 2022.01.31.
Finance Minister: Fitch Sees Successful Relaunch of Hungary’s Economy The relaunch of Hungary's economy has gone successfully in the assessment of Fitch Ratings, which recently confirmed Hungary's credit rating,... 2022.01.29.
Semmelweis Uni, AstraZeneca Sign Strategic Partnership Agreement Semmelweis University, Hungary's top medical school and the Hungarian unit of AstraZeneca signed a strategic partnership agreement, the British-Swedish pharmaceutical... 2022.01.28.
Jobless Rate at 3.7% in December, Central Statistical Office says Hungary's jobless rate was at 3.7 percent in December, falling from 4.1 percent in the same month a year earlier... 2022.01.28.
Film Productions in Hungary Generated Revenue of over EUR 555 Million Last Year, says FinMin Finance Minister Mihály Varga has visited the set of a "Hollywood superproduction" Slingshot at the Korda Studios on the outskirts... 2022.01.26.
Finance Minister: Hungary Wage Costs Cut the Most in EU Over the past decade, Hungary has reduced wage-related costs to the greatest extent in the European Union, Finance Minister Mihály... 2022.01.26.
Central Bank Hikes Base Rate by 50 bps to 2.9 pc Hungarian central bank (NBH) rate-setters, at a regular policy meeting on Tuesday, hiked the base rate by 50 basis points... 2022.01.26.
Price Comparison of Italian and Hungarian Lidl Stores Telex compared the prices of products available in Hungarian and Italian Lidl stores in the two countries. A typical shopping... 2022.01.26.
ITM: Russia Prepared to Contribute to Construction of Rail Line Bypassing Budapest Russia is open to exploring its options for contributing to the construction of a new freight rail line bypassing Budapest,... 2022.01.26.
Budapest Airport Cuts Carbon Emissions to Half of 2011 Level Budapest Liszt Ferenc International Airport cut its carbon emissions further in 2021, reducing it to half of the level measured... 2022.01.25.
Wage Growth Accelerates to 10.1% in November The rate of annual wage growth in Hungary picked up to 10.1 percent in November from 8.5 percent in the... 2022.01.25.
Central Bank Head Matolcsy Calls for Budget to be Brought Back to Balanced Path To curb inflation, the central budget should once again be put on a balanced course and the government must double... 2022.01.25.
Finance Minister Commends Swiss Companies’ Contribution to Economy Finance Minister Mihály Varga has met with his Swiss counterpart Ueli Maurer in Bern, the Finance Ministry said on Friday.... 2022.01.22.
Foreign Minister: Food Production Should Be Based on Hungarian Firms The government is working to ensure that the backbone of Hungary's food supplies is made up of domestic companies, Péter... 2022.01.22.
More Than Two-Thirds of Hungarians in Favor of Introducing the Euro 69 percent of Hungarians want the common European currency of the euro- this is the second highest approval after Romania... 2022.01.21.
Government Concludes Strategic Agreement with Autoliv Hungary's government has concluded a strategic cooperation agreement with Autoliv, the world's largest automotive safety supplier, Péter Szijjártó, Hungary's minister... 2022.01.21.
