Hungary’s Central Bank Raises Base Rate to 1.65% Hungarian rate-setters raised the central bank's base rate by 15 basis points to 1.65 percent at a scheduled meeting on... 2021.09.22.
Hungary’s Innovation Moves Up One Place on Global Index Hungary has moved up a single place since last year in the Global Innovation Index which measures the performance of... 2021.09.21.
Magyar Suzuki Restarts Production Japanese carmaker Suzuki is restarting production at its plant in Esztergom, northern Hungary, on Monday, after a two-week shutdown due... 2021.09.20.
State Support Available to Hungarian Companies Facing Difficulties as a Result of Brexit Applications for state support can be submitted between October 11 and 15 by Hungarian companies that face difficulties as a... 2021.09.18.
Govt Takes Over Project to Link Metro and Suburban Rail Lines in Budapest The government is taking over the project to link the terminus of the capital's number 2 metro line and the... 2021.09.18.
Finance Minister: Gov’t to Use Credit to Finance Its Own Recovery Program To keep Hungary on a growth path the government must launch its economic recovery and resilience programme in all parts... 2021.09.18.
Minister Szijjártó: Trade Turnover Between Hungary and Germany Expected to Hit a Record Trade turnover between Hungary and Germany is expected to hit a record and surpass 60 billion euros this year, Péter... 2021.09.18.
Rail Cargo Group to Operate Regular Cargo Trains to China Rail Cargo Operator and Rail Cargo Hungaria will operate regular express freight trains running from Budapest to China, carrying Hungarian... 2021.09.18.
Central Bank Warns about Underestimating Risk of Persistent Rise in Inflation It would be a mistake to underestimate the risk of a persistent rise in inflation, National Bank of Hungary deputy... 2021.09.17.
Due to Delay of EU’s Recovery Fund, Issuance of Hungary’s FX Bonds Hits Record High The Government Debt Management Agency (ÁKK) has modified its 2021 issuance plan to make room for an additional 4.5 billion... 2021.09.16.
Minimum Wage to be Raised to 200,000 Forints Next Year Consultations have started on next year's minimum wage and the minimum wage for skilled labourers at the VKF, a forum... 2021.09.15.
Banking Association Supports Ending Blanket Repayment Moratorium The Hungarian Banking Association supports the ending of the blanket repayment moratorium the government rolled out in spring 2020 due... 2021.09.14.
Chinese SEMCORP to Create 440 Jobs Near Debrecen One of the largest investment projects of this year will involve a 65 billion forint (EUR 185m) investment project backed... 2021.09.14.
Gov’t to Support Railway Cargo Transport with HUF 30 Billion Until 2025 The government is allocating 30 billion forints (EUR 85.6m) to supporting railway cargo transport, the innovation and technology ministry said... 2021.09.14.
Budapest Sues German Supplier after E-ticket Implementation Failure German electronic ticketing system supplier, Scheidt & Bachmann, will be sent to international arbitration by Budapest Transport Center (BKK) following... 2021.09.13.
Minister Varga: EU Finance Ministers Agree Supportive Fiscal Policy Still Needed European Union finance ministers agree that supportive fiscal policy is still necessary for the economic recovery, Finance Minister Mihály Varga... 2021.09.11.
Trade Min: Govt to Prefinance EU Funding to Businesses Impacted by Brexit The government has decided to put out a bid worth 22 billion forints (EUR 63m) to help Hungarian companies impacted... 2021.09.10.
Airport Shuttle 100E to Operate More Frequently, In Extended Timetable The 100E shuttle service operating between central Budapest and Liszt Ferenc International will run more frequently and in an extended... 2021.09.10.
Wizz Air to Launch New Flights From Debrecen Hungarian discount airline Wizz Air is to launch two new and restart three earlier flights from Debrecen in eastern Hungary.... 2021.09.10.
Gov’t to Fund Manufacturing of Coronavirus Pharmaceuticals The Hungarian government is subsidizing an expansion of pharmaceutical company Pannonpharma's plant in Pécsvárad, southern Hungary, designed to manufacture drugs... 2021.09.10.
Guest Nights up 9.6 % in July The number of guest nights at commercial accommodations in Hungary rose by an annual 9.6 percent to 2,862,000 in July,... 2021.09.09.
