Central Bank Leader Criticizes Gov’t for ‘Not Taking the Best Decision’ Regarding Use of EU Funds in Past Decade This week, the head of the central bank published an article on the website of pro-government Magyar Nemzet about the... 2021.08.24.
Hungary Central Bank Raises Base Rate to 1.50% Hungarian rate-setters raised the central bank's base rate by 30 basis points to 1.50 percent at a scheduled meeting on... 2021.08.24.
Mercedes Ends Shutdown Caused by Supply-chain Woes in Hungary German car maker Mercedes-Benz restarted production at its plant in Kecskemét, in central Hungary, on Monday, after a four-week shutdown,... 2021.08.24.
Wizz Air to Hire 800 Flight Attendants by Year-end Hungarian low-fare carrier Wizz Air on Thursday said it will hire 800 more flight attendants by year-end in its biggest... 2021.08.23.
Unprecedented GDP Growth in Q2 Boosts Expectations for Entire Year Hungary's second-quarter GDP figure substantially exceeded analysts' earlier expectations, with many notably improving their forecasts for this year since then.... 2021.08.18.
EU Funds to Promote Local Renewable Energy Production in Hungary The Hungarian government will receive 4 billion forints (EUR 11.4m) from the European Union's Modernisation Fund to promote renewable energy... 2021.08.18.
Gyula Wins HUF 1.2 bn in EU Funding for Airbus Plant Infrastructure Upgrades The municipality of Gyula in SE Hungary has won 1.2 billion forints (EUR 3.3m) in European Union funding to support... 2021.08.18.
Never Before Seen Growth in Hungarian Economy: GDP Up Almost 18% in Q2 Hungary's second-quarter GDP grew by an annual 17.9 percent after a double-digit decline in the base period, a first reading... 2021.08.17.
Central Bank Head: Hungary Needs Competitiveness Turnaround Hungary is a laggard in competitiveness, and the country will continue to bear the high costs unless it improves on... 2021.08.17.
Budapest Flights Running Late – Subtle Air Traffic Strike or Just a Coincidence? The flight times of certain planes to Hungary have been noticeably extended after the Orbán Administration forbade Hungary’s air traffic... 2021.08.16.
Finance Ministry Welcomes S+P’s Affirmation of Hungary’s ‘BBB’ Rating The finance ministry has welcomed S+P Global Ratings' affirmation of Hungary's 'BBB' sovereign rating with a stable outlook, calling it... 2021.08.14.
Govt Official: Global Minimum Tax against Hungary’s Interests Hungary refuses to give up its financial sovereignty by introducing a global minimum corporate tax rate, finance ministry state secretary... 2021.08.14.
S+P Affirms Hungary ‘BBB’ Rating with Stable Outlook S+P Global Ratings affirmed Hungary's 'BBB' sovereign rating with a stable outlook at a scheduled review on Friday. S+P's analysts... 2021.08.14.
Economists Criticize Audit Office Head’s Suggestion of Scrapping PIT In an interview, the President of the State Audit Office of Hungary (ÁSZ), suggested that personal income taxes should be... 2021.08.13.
Pegasus Airlines Interrupts Flight in Budapest Pegasus Airlines interrupted its Istanbul-Amsterdam flight in Budapest on Thursday, after a passenger fell ill. The 67-year-old Dutch man died... 2021.08.12.
Liszt Ferenc Airport Passenger Numbers Close to 540,000 in July Passenger numbers at Liszt Ferenc International reached 538,074 in July, double the number measured in June and close to the... 2021.08.11.
Audit Office Head Suggests Scrapping Personal Income Tax The head of the State Audit Office (ÁSZ), László Domokos, in an article published by the daily Magyar Nemzet on... 2021.08.11.
Ural Airlines to Launch Direct Flight to Hungary Russia's Ural Airlines will launch a direct flight between Yekaterinburg and Budapest on September 5, the carrier said on Tuesday.... 2021.08.11.
Wizz Air Flight Makes Unscheduled Stop in Budapest A Wizz Air passenger plane flying from Tirana to Berlin was forced to land in Budapest on Monday afternoon due... 2021.08.11.
Hungary Budget Deficit at 45% of Increased Annual Plan Hungary's cash flow-based general government deficit, excluding local councils, reached 1,803.7 billion forints (EUR 5.09bn) at the end of July,... 2021.08.10.
Hungary Inflation Eases to 4.6 % in July Hungarian inflation was an annual 4.6 percent in July, after 5.3 percent in June, the Central Statistical Office (KSH) said... 2021.08.10.
