Manufacturing Sector Rebounds with New Orders and Production Volume Growth The seasonally adjusted November Purchasing Managers Index (PMI) stood at 50.3, with respondents reporting a slight expansion in November compared... 2024.12.03.
Skills Shortage a Key Challenge for the European Labor Market, Says Minister Márton Nagy, Hungary’s Minister for National Economy, emphasized in Brussels that addressing the shortage of skilled labor remains the most... 2024.12.03.
Fuel Prices Are Set to Drop Further as Brent Oil Prices Fall Fuel prices continue to fall, driven by a decrease in Brent oil prices, reports holtankoljak.hu. On Tuesday, the purchase price... 2024.12.03.
Major Infrastructure Projects to Resume in 2025 The government plans to resume significant infrastructure investments in 2025, allocating HUF 480B (EUR 1.3B) for 300 new projects. This... 2024.12.03.
Safeguarding Energy Supply through Continued Cooperation with Russia Despite the new sanctions, Russia is committed to maintaining Hungary's energy supply, the supply of oil, natural gas, and nuclear... 2024.12.03.
One Billion Euro Hungarian-Ukrainian Border Development Plan Announced Hungary and Ukraine will submit a joint border and road development plan worth one billion euros to Brussels, the Parliamentary... 2024.12.02.
Competition Authority Clears MOL over Price Freeze Dispute The ongoing controversy surrounding Hungary's fuel price freeze, introduced two years ago, has sparked renewed debate, particularly regarding MOL's actions... 2024.12.02.
Trade Surplus Posts EUR 949 Million in September External trade in goods showed a surplus of EUR 949M in September, as reported by the Hungarian Central Statistical Office... 2024.12.02.
Unemployment Hits Historic Low The unemployment rate reached a historic low of 224,914 jobseekers in November 2024, marking a decline of over 1,200 compared... 2024.12.02.
Paks Nuclear Power Plant Project Reaches Another Milestone The Hungarian Atomic Energy Authority has approved the preliminary safety report for the so-called first concrete pour for the Paks... 2024.12.02.
Boeing Passenger Jets to Be Purchased by New Hungarian Airline The chair of Hungary Airlines has signed a memorandum of cooperation with the American manufacturer for the purchase of Boeing... 2024.12.02.
Is Viktor Orbán a Good Leader? Let us ask Elon Musk’s “Grok” Grok is the next best thing. Apparently. It is the artificial intelligence assistant running on Elon Musk's social media platform... 2024.12.01.
Budapest Declaration Could Help Improve European Competitiveness Minister for National Economy Márton Nagy at the COMPET meeting in Brussels Real steps must be taken next year to... 2024.11.29.
Strengthening Strategic Partnership with Qatar in Energy and Trade Prime Minister Viktor Orbán hosted Sheikh Mohammed bin Abdulrahman Al-Thani, Qatar's Prime Minister and Foreign Minister, at the Carmelite Monastery,... 2024.11.29.
Government Announces Defense Reinforcement and Extended Interest Rate Freeze Gergely Gulyás, Minister responsible for the Prime Minister's Office, addressed the growing threat of war, as well as key government... 2024.11.28.
The Government Increases Education Spending Significantly in 2025 Budget The government’s 2025 budget places a strong emphasis on education, with a substantial increase in funding aimed at enhancing the... 2024.11.28.
Eximbank Returns to the International Capital Market Eximbank has issued an international bond worth EUR 500 million, Hungary's official export credit agency announced on Wednesday. The day... 2024.11.28.
New Tax and Benefits Introduced in Support of Families The National Assembly has approved new tax amendments, introducing a range of measures designed to support economic growth and help... 2024.11.27.
Defense Forces’ Fleet Expands with Further Airbus Helicopters Two more H225M multi-purpose helicopters has been delivered to the Hungarian Defense Forces from the Airbus Helicopters production center in... 2024.11.27.
Pharmaceutical Industry is Key to Economic Growth and Competitiveness Minister for National Economy Márton Nagy delivered the opening speech of the conference "The Competitiveness of the European and Hungarian... 2024.11.27.
Hungary Guest of Honor at the China International Supply Chain Expo This year marks the second edition of the Supply Chain Expo (CISCE) in Beijing between November 26-30, where the Hungarian... 2024.11.27.
