Greenpeace’s Proposal to Replace Short-Haul Flights with Trains Would Affect Budapest as Well More than half of the most popular short-haul flights in Europe could be replaced by train services, whereas many trips... 2021.11.02.
Gov’t: Regions Can Apply for HUF 1,800 bn for Developments The government is providing 1,800 billion forints (EUR 5bn) over the next seven years to less developed regions and localities... 2021.11.02.
Completion of Budapest M3 Metro Line Delayed Completion of the middle section of Budapest's M3 metro line is expected to be delayed by months due to technical... 2021.10.30.
Hungary Wages Grow 8.9% in August Wage growth in Hungary quickened to an annual 8.9 percent in August from 7.9 percent in the previous month, the... 2021.10.29.
Jobless Rate 4% in September Hungary's jobless rate was 4.0 percent in September, unchanged from the previous month, data released by the Central Statistical Office... 2021.10.29.
Sides Move Closer at Minimum Wage Talks Differences over the compensation businesses should get for a big minimum wage rise moved closer to resolution at talks between... 2021.10.28.
Study: Hungary’s Tourism can Recover by Spring International real estate consultancy CBRE expects Hungarian tourism to recover from the COVID crisis by the spring of 2022. While... 2021.10.28.
Government Reportedly Raises Offer for Budapest Airport with Doubtful Financial Return The Hungarian government is persistent about its bid to buy back Budapest's Liszt Ferenc Airport. Reportedly, they have recently raised... 2021.10.27.
Gov’t: Number of Registered Jobseekers Falls to Below 250,000 Official employment data from October show fewer registered jobless seeking employment compared with January last year, with fewer than 246,000... 2021.10.27.
Prices Expected to be 20-30 Percent Higher Over the Christmas Season In many popular product categories, one can expect higher prices and less deals this holiday season, but the public's desire... 2021.10.27.
Croatia Top Court Affirms Prison Sentence for MOL Chief Hernádi Croatia's supreme court on Monday affirmed a Zagreb court's prison sentence for Zsolt Hernádi, the chairman-CEO of Hungarian oil and... 2021.10.26.
Head of Hungary’s Central Bank: Continued Centralization Will Ruin the EU György Matolcsy, Governor of Hungary's Central Bank, has shared his projection of the European Union's future, essentially calling for more... 2021.10.26.
Is Aldi and Lidl Cheaper in Austria than Hungary? Economic news magazine G7 has been looking at the prices of Hungarian Aldi and Lidl. Previously, they examined the prices... 2021.10.25.
Production Starts of First Electric Car Manufactured in Hungary Hungarian car manufacturing has arrived at a new milestone with the mass production of the first fully electric cars manufactured... 2021.10.22.
China’s CECZ Building Huge Warehouse Base Near Budapest China's CECZ group is building a 27 billion forint (EUR 74m) warehouse base in Vác, north of the capital, government... 2021.10.22.
Trade Minister: US Companies Second-biggest Group of Investors in Hungary The American Chamber of Commerce and the Hungarian Investment Promotion Agency (HIPA) hosted the 7th Business Meets Government Summit in... 2021.10.21.
Number of Insolvencies Set to Climb by 20% in 2021 The number of corporate insolvencies in Hungary is expected to climb by 20 percent this year, edging over 5,150, according... 2021.10.21.
IMF Expects Hungarian Economy to Grow at Third Fastest Rate in the EU This Year The Hungarian economy is expected to grow at the third fastest rate in the European Union this year, the International... 2021.10.21.
Hungary Central Bank Raises Base Rate to 1.80% Hungarian rate-setters raised the central bank's base rate by 15 basis points to 1.80 percent at a scheduled meeting on... 2021.10.19.
ITM Partners with OTP Bank to Build Europe’s Largest Supercomputer The innovation and technology ministry (ITM) and OTP Bank have partnered to build Europe's largest supercomputer, minister László Palkovics told... 2021.10.19.
Is It Cheaper to Shop Abroad? Price Comparison of Hungarian and Foreign Aldi and Lidl The economic news magazine G7 has been looking at the prices of Hungarian Aldi and Lidl, as well as the... 2021.10.19.
