Enterprises Get Boost through Chinese Investment and New Flight Routes View of Shenzhen. Minister of Foreign Affairs and Trade Péter Szijjártó announced an agreement wherein the Chinese government will support... 2024.04.24.
Monetary Council Reduces Central Bank Base Rate by 50 Points Headquarters of the Hungarian National Bank, Budapest. The volatile risk environment will continue to demand a cautious and patient approach... 2024.04.24.
Government to Give a HUF 15 Billion Boost to the Tourism Sector A support program has been launched to boost tourism sector competitiveness, announced the Minister for National Economy, Márton Nagy. The... 2024.04.24.
Hungary to Prepare Next Year’s EU Budget Hungary will hold the rotating presidency of the Council of the European Union this year. The experts at the Ministry... 2024.04.24.
Mercedes-Benz Factory in Kecskemét to Get a New Road A new service road will be designed and built on behalf of the city in the southern industrial park of... 2024.04.23.
Massive Chinese Investments Inject Billions of Euros into Hungary’s Economy The Minister of Foreign Affairs and Trade, Péter Szijjártó announced in Beijing that Chinese companies are investing EUR 15.2B (HUF... 2024.04.23.
Factors Behind the Budget Deficit Surge Revealed In March, the public deficit surged by HUF 562B (EUR 1.4B), revealing the factors behind its creation. Detailed data on... 2024.04.23.
Significant Drop In Diesel Prices from Wednesday Following the government's indication on Friday that it may soon reintroduce fuel price caps, wholesalers are showing leniency, writes Világgazdaság.... 2024.04.23.
Over a Thousand Hungarian Railway Carriages Headed for Egyptian Railway Tracks One of the largest export projects in the history of Hungarian industry is underway in Egypt, where 914 Hungarian-made railway... 2024.04.23.
New Contract Signed with The UAE to Strengthen Defense Capabilities Hungary has recently signed a military and defense industrial cooperation agreement with the United Arab Emirates, the Ministry of Defense... 2024.04.22.
Drop in Gas Consumption during Heating Season Even without Restrictive Measures There was no need for gas restrictions at either the state or municipal levels last winter, the Communications Department of... 2024.04.22.
Lufthansa Increases Flight Capacity between Debrecen and Munich The BMW Group has signed a partnership agreement with Lufthansa concerning its car factory in Debrecen, under which larger capacity... 2024.04.22.
Middle East Conflict Leaves Its Mark on the Hungarian Economy Israel's announcement of a retaliatory strike against Iran has made investors uneasy, and last week, stock markets, including domestic ones,... 2024.04.22.
British American Tobacco to Make Pécs a Global Manufacturing Center for Smokeless Products British American Tobacco will establish a new center for the production of smokeless products in Pécs (southwestern Hungary), and the... 2024.04.19.
Government Considers Intervening in Fuel Prices Next Week The Hungarian Central Statistical Office (KSH) has published the regional fuel prices. These data are of great importance because earlier... 2024.04.19.
Modernization of Hévíz-Balaton Airport Aims to Boost Tourism The HUF 2.2 billion (EUR 5 million) government support for the renewed Hévíz-Balaton Airport will also help boost international tourism... 2024.04.19.
Hungary Closing the Gap with Other Developed Countries Hungary's connectivity strategy appears to be yielding positive results, as highlighted by Philip Pilkington, an economist and external fellow at... 2024.04.19.
Trinidad and Tobago to Play a Key Role in Gas Supply Liquefied natural gas (LNG) from Central and South America will play an increasing role in supplying the European Union, and... 2024.04.18.
Minister for National Economy States Economic Growth Will Resume Next Year The Minister for National Economy declared in Debrecen that economic growth will resume next year, expecting a 4.1 percent expansion... 2024.04.18.
Hungary Has the Lowest Rate of Guest Workers among V4 Countries Foreigners can only temporarily reside and work in Hungary for purposes under the title and conditions set by the Hungarian... 2024.04.18.
Central Statistical Office Launches Pilot Fuel Price Monitoring System The Central Statistical Office (KSH) is set to release new pilot statistics on Friday, April 19, aimed at monitoring and... 2024.04.17.
