MBH Mortgage Bank Boosts Green Financing MBH Mortgage Bank is enhancing green real estate financing with an additional HUF 8.6B (EUR 21.1M). In its recent green... 2024.09.25.
National Bank Cuts Base Rate Amid Easing Inflation The Hungarian National Bank (MNB) has reduced the base rate by 25 basis points, bringing it down to 6.5%. Both... 2024.09.25.
Finance Minister Holds Talks with Head of Leading Chinese Bank Continuing the work of the past decade, we will further strengthen Hungary's financial role in the Central and Eastern European... 2024.09.25.
Experts to Discuss European Competition Law in Budapest The Hungarian Competition Authority (GVH) will organize the 50th European Competition Day, one of the most prominent professional events in... 2024.09.24.
Average Earnings for Full-Time Employees Rise in July 2024 In July 2024, the average gross earnings of full-time employees were HUF 636,700 (EUR 1,750), while the average net earnings... 2024.09.24.
Commander of Italian Land Forces Visits NATO’s Battle Group in Hungary Lieutenant General Carmine Masiello (L2) The Chief of the Hungarian Defense Staff and the First Officer of the Italian Land... 2024.09.24.
Series Production of the Cupra Terramar Starts at Audi’s Győr Plant Series production of the Terramar model of the Spanish Cupra brand started at Audi Hungaria's Győr plant (northwestern Hungary) on... 2024.09.23.
MOL Concludes Agreements on Natural Gas Extraction in Azerbaijan MOL Group has signed commercial agreements with its joint venture partners for the extraction of natural gas reserves in Azerbaijan,... 2024.09.23.
Rising Demand for Heated Tobacco as Traditional Cigarette Sales Decline In recent years, Hungary has seen a significant shift in tobacco consumption trends, with heated tobacco products rapidly gaining popularity... 2024.09.23.
Developing Economic Cooperation with Russia is “Vital for National Interest” Expansion of the Paks nuclear power plant, an important area of Hungarian-Russian cooperation. It is in the national economic, security... 2024.09.23.
Minister for Transport and Construction Calls for Pragmatic EU Policies Minister of Transport and Construction, János Lázár stressed that energy and climate policies must not jeopardize the competitiveness of the... 2024.09.23.
Hungary Strengthens Economic Ties with Turkic States Hungary is shifting away from its previously announced unilateral economic policy of opening up to the East, Finance Minister Mihály... 2024.09.20.
Government to Tighten Guest Worker Regulations The Government is considering tightening regulations on the employment of migrant workers to protect domestic workers and their families, according... 2024.09.20.
Hungary Second in Europe for New E-car Sales Growth The number of new pure electric cars registered in Hungary increased over one and a half times in January-August this... 2024.09.20.
Shares of Two Hungarian Companies Listed in the Regional Index of Vienna Stock Exchange The Vienna Stock Exchange has decided to include Hungarian AutoWallis shares in the CECE index of Central and Eastern European... 2024.09.19.
Foreign Minister: Hungary and Serbia Boost Economic and Energy Ties Minister of Foreign Affairs and Trade, Péter Szijjártó and Serbian Economy Minister Adrijana Mesarović discussed the deepening economic and strategic... 2024.09.19.
Domestic Interest Rates to Fall in Line with US and European Central Bank Trends The Hungarian National Bank (MNB) may follow the US and European central banks in cutting interest rates after the summer... 2024.09.18.
Rheinmetall Unveils Next-Gen Battlefield Beast Rhinmetall Factory in Zalaegerszeg (western Hungary) Rheinmetall, Hungary's largest military partner, has unveiled a groundbreaking armored vehicle, the Keiler Next... 2024.09.17.
Competition Authority Investigates Dutch Giant SPAR The Hungarian Competition Authority (GVH) is investigating the implementation of the commitments made by SPAR Hungary in a follow-up investigation,... 2024.09.17.
Paks Power Plant Expansion the “Proof of Rationality in World Politics” The expansion of the Paks nuclear power plant (central Hungary) is an excellent example of how nuclear cooperation could bring... 2024.09.17.
Consumers Cautious Despite Wage Growth The consensus among analysts is that the economy could expand by around 1.5 percent this year, while real wages could... 2024.09.16.