PM Orbán Meets Vodafone CEO Prime Minister Viktor Orbán and Nick Read, the chief executive of telecommunications giant Vodafone, met on Tuesday to discuss Hungary's... 2022.02.22.
Central Bank Head Matolcsy: Hungary Has Failed to ‘Overtake in the Turn’ Although Hungary has been more successful in managing the crisis than many of its European Union peers, it has failed... 2022.02.22.
Price Cap on Fuel: Proposals Sent to Gov’t to Save Gas Stations On Monday morning, representatives of gas stations and the government met for talks. Retailers tried to highlight the increasingly hopeless... 2022.02.21.
“Too High” Hungary GDP Growth Leads to EU Cutting Recovery Fund by EUR 1.3 Billion Due to a much higher than forecasted economic growth, Hungary will be eligible for less non-reimbursable funding from the European... 2022.02.21.
There’s a Village in Hungary with a Capital Income of HUF 7 Million Per Resident The 164 residents of the tiny village of Somogycsicsó in southwestern Hungary earned the highest capital income last year with... 2022.02.21.
Price Hikes to Come for Budapest Baths; Renovation of Gellért Starts in Summer The Budapest Spa and Thermal Bath closed the period of the coronavirus epidemic with a deficit of about HUF 22... 2022.02.19.
From Now On, All Gas Stations Lose Money on Fuel Sales "After Friday's renewed fuel price increases, there will be no more gas stations in Hungary whose purchase prices are lower... 2022.02.18.
Hungary Issues EUR 575 Million of Samurai Bonds Hungary has successfully issued 575 million euros' worth of government bonds on the Japanese market with favourable interest rates, Finance... 2022.02.18.
Food Price Cap: Sales of Affected Products Increased by 60-80% Sales of products affected by the price cap, i.e. where prices had to be reset to the level of October... 2022.02.18.
Hungary Year-end Public Debt Ratio at 78.2% / GDP Hungary's public debt fell to 78.2 percent of GDP at the end of the fourth quarter, a first reading of... 2022.02.18.
Bosch to Strengthen Electromobility R+D, Production in Hungary German engineering giant Bosch on Thursday said it will strengthen its electromobility R+D and production activities in Hungary. "Our goal... 2022.02.18.
Food Price Cap: One Store Sold Cooking Oil 1.5 Times The Statutory Price In the first half of February, the Hungarian Authority for Consumer Protection checked compliance with the food price cap in... 2022.02.18.
Hundred of Gas Stations Across Hungary Already Restricting Gas Sales Due to Price Cap About a hundred gas stations across Hungary have already limited the amount of fuel they sell, news site Népszava learned... 2022.02.17.
Taxi Tariffs in Budapest to be Raised Soon Pointing to inflation, increased fuel and car prices, Budapest taxi drivers want to hike their kilometer fare up by more... 2022.02.17.
Central Bank Head Matolcsy: Time to Ban Crypto Trading and Mining in the EU György Matolcsy, Hungary’s central bank (MNB) governor, believes the time has come to ban crypto trading and mining in the... 2022.02.16.
Foreign Minister: German Car Parts Manufacturer Creates 720 jobs with HUF 50 Bn Investment German company group Rehau Automotive has invested 50 billion forints (EUR 140m) in a new polymer car parts manufacturing plant... 2022.02.16.
Budapest Rail Tunnel Project Enters New Stage The Budapest Development Centre (BFK) and Fomterv have signed a contract to prepare an environmental impact study for a planned... 2022.02.16.
Trade Minister: ‘Hungarian Model Stands Test of Greatest Challenges’ Hungary's performance in the past twelve years, "and especially last year's economic output", are proof that "the Hungarian model remains... 2022.02.16.
Huge Price Increases Predicted in Hungarian Restaurants Increasing labor shortage, rising wages, and increasing raw material and energy costs are leading to great difficulties for the hospitality... 2022.02.16.
Some Gas Stations Only Allow 10 Liters of Fuel per Customer As many as one in two businesses in Hungary could close their gas stations after the government extended the gasoline... 2022.02.15.
Analysts to Raise 2022 Growth Expectations due to Surprisingly Good 2021 Data Analysts told MTI they would raise their growth expectations for this year based on the pass-through effect from the strong... 2022.02.15.
