Hungary Could Face Third Excessive Deficit Procedure in Ten Years The European Commission has decided that an excessive deficit procedure is warranted for Hungary and six other EU member states,... 2024.07.11.
The Expected Turnaround – Fuel Price Cuts Start Immediately After a long time, fuel prices in Hungary will start to fall, based on a recent data release from Holtankoljak,... 2024.07.11.
Oil Giant MOL Reportedly Eyeing Russian Lukoil’s Romanian Assets The Hungarian multinational company MOL has been in talks with the Russian company Lukoil about a possible acquisition of its... 2024.07.10.
Unexpected Fall in Inflation Rate Surprises Analysts Despite analysts' expectations of stagnating inflation, Hungary saw a surprising decrease in the rate of monetary deflation in June, following... 2024.07.10.
Budapest Airport Faces Major Development after State Takeover After almost twenty years, the Liszt Ferenc International Airport is once again owned by the Hungarian state. The official handover... 2024.07.10.
Ministry of Finance Adds Russia to Financial Blacklist Russia has been blacklisted, following a tax-related decree issued by the Hungarian government, reports Index. This move is not unprecedented,... 2024.07.10.
Austrian and Hungarian Highways to Be Connected by 2025 Government work is in full swing in the middle of the summer, as the Hungarian Gazette of Monday evening listing... 2024.07.10.
Watermelon Season Starts Early, Booming Exports Ahead This year, watermelons have been spared any frost damage, allowing the season to commence two weeks earlier than usual. Minister... 2024.07.09.
Delays at Budapest Airport Linked to Record Passenger and Cargo Traffic Budapest Airport registered 1,557,130 passengers in June, 5.5 percent more than the sixth month of the record year of 2019,... 2024.07.09.
Budapest Attracts Israeli Investors with Promising Real Estate Opportunities Metrodome Group is launching its first representative office in Israel, offering investors an exciting opportunity in Budapest, reports Jerusalem Post.... 2024.07.09.
Economy Minister Summons Fuel Retailers over “Unacceptable Prices” Minister for National Economy Márton Nagy summoned representatives of Hungarian fuel retailers, i.e. representatives of the Hungarian Petroleum Association, including... 2024.07.09.
Beijing Supports Bilateral Expansion of Economic Relations A factory of China's battery manufacturer CATL Economic, trade and investment cooperation between Hungary and China will continue to provide... 2024.07.08.
Defense Forces Offer Air Evacuation Capability to Polish-led EU Battlegroup Hungary has offered a strategic air evacuation capability to support the Polish-led EU Battlegroup (Visegrád Battlegroup, V4 EUBG), the press... 2024.07.08.
Hungary Exports Record Amounts of Electricity to Ease Shortfall in Ukraine In recent days, Hungary's net exports of goods to Ukraine have reached an all-time high. Ukraine's electricity production has been... 2024.07.08.
Army’s New Leopard 2A7 Tanks are Flexing their Muscles During Exercise The tankers of the Hungarian Army's Klapka György 1st Armored Brigade carried out their first test firing with the latest... 2024.07.05.
Competition Authority Launches Proceedings against Lidl Lidl Magyarország Kereskedelmi Bt. (Lidl Hungary) has been placed under competition supervision by the Hungarian Competition Authority (GVH) because the... 2024.07.05.
University Training to Master AI in Business and Finance The Budapest Metropolitan University (METU) will launch a postgraduate training in the main areas of business and financial applications of... 2024.07.04.
Leading Feed Producer to Invest HUF 20B in Kazakhstan UBM, Hungary's leading feed producer and one of the largest feed materials traders, plans to continue its expansion in Kazakhstan... 2024.07.04.
Relations with China to Continue to Develop in the Tourism Sector As part of the Hungarian EU presidential program, the EU-China Tourism Dialogue Ministerial Meeting and Conference took place in Budapest... 2024.07.04.
First Infantry Fighting Vehicle Produced in Zalaegerszeg Receives its License Plates Lynx KF41 On July 3, the first Lynx KF41 produced in Hungary received its license plates, announced Paul Walf, CEO... 2024.07.04.
Wizz Air President Resigns Amid Major Management Reshuffle Robert Carey, the president of Hungary based low cost airline Wizz Air, has resigned from the airline, reports Magyar Nemzet... 2024.07.04.