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.
Budapest Airport Owners Take Potential First Step Towards Sale The owners of Liszt Ferenc International operator Budapest Airport have entered into a due diligence process with the Hungarian government,... 2021.11.16.
Hungary’s Economic Growth Slows Down to 6.1% in Third Quarter of 2021 Hungary's economy grew by an annual 6.1 percent in the third quarter, slowing from 17.8 percent in Q2, according to... 2021.11.16.
Central Bank Head Urges Rethink on Deficit Spending to Restore Balance The way in which Hungary narrows the gap with more advanced economies requires a rethink so that not only is... 2021.11.15.
Shortage of Flour May Increase Bread Prices in Hungary A double-digit increase in bread prices is expected early next year, as mills will increase their sale prices by 40... 2021.11.15.
Decree on Fuel Price Freezing: No Loopholes, Tough Sanctions for Station Operators Trying to avoid running a business at a loss by suspending services and cutting opening hours has been made virtually... 2021.11.15.
Hungary Industrial Output Falls 2.3% yr/yr in September Industrial output in Hungary fell by an annual 2.3 percent in September, and the output of automotive manufacturers, the biggest... 2021.11.12.
Construction Sector Output Growth Quickens to 14.2% in September Output of Hungary's construction sector grew by an annual 14.2 percent in September, quickening from 10.1 percent in the previous... 2021.11.12.
Hungarian Dating Site Enters Foreign Markets The owners of the largest domestic dating site Dating Central Europe Zrt. (DACE), CEO Péter Weiler and investor Russmedia Equity... 2021.11.11.
EC Raises Hungary 2021 GDP Growth Forecast to 7.4 pc The European Commission raised its projection for GDP growth in Hungary this year to 7.4 percent in an autumn forecast... 2021.11.11.
Enormous Labor Shortage in Tourism, Mandatory Vaccination Would Worsen Situation Employers will certainly not introduce mandatory vaccination in the hospitality industry, the president of the Hungarian Hotel and Restaurant Association... 2021.11.10.
Hungary Inflation 6.5% in October Consumer prices in Hungary rose by an annual 6.5 percent in October, up from 5.5 percent in the previous month,... 2021.11.09.
Instead of Compulsory Vaccination, State Transport Companies to Give Vaccinated Workers Extra Days Off State railway company MÁV and state coach bus firm Volán will provide two extra days off for all employees who... 2021.11.09.
Guest Nights up 70% Yr/Yr in September The number of guest nights at commercial accommodations in Hungary rose by an annual 70.3 percent to 1,881,000 in September,... 2021.11.09.
