Govt Official: Hungary Not to Introduce Property Tax Hungary will not comply with a recommendation by the Organisation for Economic Co-operation and Development (OECD) to introduce a general... 2021.07.31.
Fitch Affirms Hungary ‘BBB’ Rating; Outlook Stable Fitch Ratings affirmed Hungary's 'BBB' sovereign rating with a stable outlook at a scheduled review on Friday. "The 'BBB' ratings... 2021.07.31.
OECD: Hungary Showing Signs of Strong Growth Speaking at an online press conference presenting the Economic Survey of Hungary 2021, Alvaro Pereira, the OECD's director of country... 2021.07.31.
Hungary Wages Up 8.2 % in May, says Central Statistical Office Average wages in Hungary grew by an annual 8.2 percent in May, the Central Statistical Office (KSH) said on Friday.... 2021.07.30.
Home Building Permit Issues Climb 22 % in First Half of 2021 The number of home building permits issued in Hungary rose by an annual 22.4 percent to 15,274 in the first... 2021.07.29.
Pandemic Causes Marked Drop in Tourism-Catering in 2020 The coronavirus pandemic and associated restrictions resulted in a marked drop in nearly all areas of tourism and catering last... 2021.07.29.
Central Bank Once Again Raises Base Rate to Deter Highest EU Inflation from Further Increase The Monetary Council of the National Bank of Hungary (NBH) decided for the second time in just over a month... 2021.07.28.
Hungary Unemployment Rate 4% in June, Employment at Historic High Hungary's jobless rate was 4 percent in June, up from 3.9 percent in the previous month, the Central Statistical Office... 2021.07.28.
Central Bank Head: Govt’s Economic Recovery Strategy Over-reliant on ‘Steel and Concrete’ Hungary's sustainable convergence with more developed economies could be inhibited if the government continues to rely on the construction sector... 2021.07.27.
More Proposals Approved to Speed up Economic Recovery, Péter Szijjártó Says The operative board coordinating Hungary's economic recovery approved eight more measures to help restart the economy, Péter Szijjártó, the minister... 2021.07.24.
Stimulus Lifts Budget Deficit to HUF 1,704.5 Bn in June, Ministry Says Hungary's cash flow-based budget deficit, excluding local councils, reached 1,704.5 billion forints (EUR 4.8bn) at the end of June, widening... 2021.07.24.
Chamber of Commerce Proposes Employer’s Right to Mandate Vaccination Just over a week ago, Prime Minister Viktor Orbán announced that health workers will be required to be fully vaccinated.... 2021.07.23.
Liszt Ferenc Airport Cargo Volume Jumps 35.9% in First Half of Year Cargo volume at Liszt Ferenc International airport reached 86,798 tonnes in the first half of the year, up by 35.9... 2021.07.21.
Fire Put out at Paks Nuclear Plant A minor fire broke out on the premises of the Paks nuclear power plant but it was soon put out,... 2021.07.20.
State Secy: Integration in European High-speed Railway Network “Grandest Railway Project of Our Life” Integrating Hungary in a European high-speed railway network will be "the grandest railway project of our life", State Secretary László... 2021.07.20.
Gov’t to Launch Foreign Market Growth Support Scheme Hungary's government is launching a 10 billion forint (EUR 27.8m) programme aimed at supporting Hungarian companies looking to increase their... 2021.07.19.
Innovation Minister Launches Infrastructure Project on Croatia Border László Palkovics, Hungary's minister of innovation and technology, on Friday addressed an event launching a series of infrastructure projects to... 2021.07.16.
Trade Minister: Bosch Automotive Steering Expands North Hungary Plant Bosch Automotive Steering Bosch is expanding its plant in Maklár, in northern Hungary, with three investments totaling 52.5 billion forints... 2021.07.16.
V4 Central Bank Heads Hold Conference on Green Transition Governors of the central banks of the Visegrad Group countries and the region's leading financial experts on Thursday held a... 2021.07.16.
Construction Sector Output Rebounds from Low Base in May Output of Hungary's construction sector rose by an annual 18.7 percent in May, recovering from a double-digit decline in the... 2021.07.15.
Govt Adopts Further Proposals to Restart Economy The government has adopted further proposals by the body in charge of measures to restart the economy, mostly concerning Hungary's... 2021.07.15.
