First Tram Train Linking Hódmezővásárhely and Szeged Starts Operation The first tram train in Hungary, linking the cities of Hódmezővásárhely and Szeged, started operation at 4.30am on Monday. János... 2021.11.29.
Over 70,000 Families Apply for Hungary’s Home Renovation Subsidies More than 70,000 families have submitted applications for home renovation subsidies so far, the minister for family affairs said on... 2021.11.27.
Hungary Investment Volume up 12.4% in Q3 Hungary's investment volume grew by an annual 12.4 percent in the third quarter, up from a low base, the Central... 2021.11.26.
Foreign Minister: Hungary Economy Back at Pre-pandemic Levels A year and a half after the first outbreak of the coronavirus pandemic, Hungary's economic output has returned to pre-pandemic... 2021.11.26.
DM Drugstore More Expensive in Hungary than in Germany and Austria According to the results of an online investigation by the news portal G7, the prices in the Hungarian stores of... 2021.11.25.
One in Ten Hungarians Dreams of Owning a Restaurant According to a joint survey conducted by the Piqniq Budapest and Mastercard gastronomy community, 10 out of 100 respondents would... 2021.11.25.
Hungary Aims for 2050 Carbon Neutrality with Nuclear and Solar Energy People like renewable energy, and they want more of it, Péter Kaderják told the Friends of Hungary Foundation's Hungary at... 2021.11.24.
Forint Continues Downfall, Weakening to Yet Another Historic Low After breaking an all-time low on Monday, the Hungarian currency continued its downfall on Tuesday, reaching a new historic low... 2021.11.23.
Finance Minister on High Inflation: Fiscal Policy’s Effect “Only Mild” Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild... 2021.11.23.
Forint Hits New Historic Low against the Euro The weakening of the forint began last week and has continued on Monday, with the Hungarian currency quickly falling to... 2021.11.22.
Company Pays Exceptionally Generous Sum to Employees for Vaccination A Dunaföldvár-based company is paying its employees an unprecedentedly generous bonus if they get vaccinated. Those who take the third... 2021.11.22.
Metoxit Announces HUF 2.5 bn Investment in Hungary Péter Szijjártó, the minister of foreign affairs and trade, on Monday attended an event where Swiss company Metoxit announced a... 2021.11.22.
Hungarian Real Estate Market: Already 100-Fold Difference in Prices per Square Meter The difference between the most expensive and the cheapest prices per square meter on the Hungarian real estate market has... 2021.11.20.
Hungary’s Economy “Shock Resistant,” Innovation Minister Palkovics Says Hungary's economy is "shock resistant" and though hit hard by the coronavirus crisis, it was among the first economies in... 2021.11.20.
Hungarians Planning to Spend Average EUR 162 on Christmas Presents, Survey Found The average Hungarian is planning to buy Christmas presents for 59,000 forints (EUR 162) this year, according to a Telenor... 2021.11.20.
Hungary’s October Budget Deficit Hits New Record High Hungary’s cash-flow deficit reached HUF 630 billion in October 2021, which is the highest monthly deficit on record in October. The... 2021.11.19.
National Bank Governor Matolcsy: Central Banks Should Promote Green, Digital Switchovers All central banks must promote and support changes aimed at making the economy "green and digital", National Bank of Hungary... 2021.11.19.
Amid Global Energy Crisis, First Hungarian Power Company Goes Bust Energy company JAS Budapest Zrt. has suspended services to its customers, thereby becoming the first victim of the global energy... 2021.11.18.
Budapest’s Traditional Hotel Gellért to Close for Renovation and Reopen as Luxury Hotel The Hotel Gellért in Budapest will close for renovation on December 1. The 103-year-old building will reopen its doors as... 2021.11.18.
Base Rate Raised by 30 Basis Points by Hungary’s Central Bank Hungary rate-setters at a regular policy meeting on Tuesday raised the base rate by 30 basis points to 2.10 percent... 2021.11.16.
PM Orbán: Hungary and Deutsche Telekom Strategic Partners Prime Minister Viktor Orbán discussed the challenges and achievements related to digital developments in Hungary with Timotheus Hoettges, chief executive... 2021.11.16.