Central Bank Could Prepare for Cautious Cut in the Base Rate The Monetary Council of the Hungarian National Bank may cut the base rate for the first time in more than... 2023.10.24.
Number of Foreigners Settling in Hungary Has Increased over the Past Decade Lake Balaton is a very popular destination for Germans In ten years, the number of foreigners living in Hungary has... 2023.10.24.
Government Committed to Ensuring Ukrainian Products Reach their Destination Brussels has proved powerless to restrict the inflow of Ukrainian agricultural products into the EU and protect European farmers, the... 2023.10.24.
Russia’s Gazprom to Supply Extra Gas to Hungary and China This Winter Russia's Gazprom Group will supply extra gas to Hungary and China this winter, CEO Alexey Miller announced on Sunday, Világgazdaság... 2023.10.24.
Forint Strengthens but Still More Vulnerable than Regional Currencies The Hungarian forint strengthened against the major currencies in international foreign exchange trading on Tuesday morning compared to the previous... 2023.10.24.
Bulgaria Could Have Yielded to Outside Pressure in Raising Gas Transit Fees President Rumen Radev (L) with Viktor Orbán during his September visit to Budapest. One week after Bulgaria introduced a special... 2023.10.24.
Bulgarian Gas Transit Fee Raise a Threat to Our Energy Security A week ago, without any prior warning, Bulgaria significantly increased its transit tariffs for Russian gas", András Gyürk, Fidesz MEP,... 2023.10.20.
Second Oldest Hungarian-Owned Company Expands with HUF 6 Billion Preserving the sovereignty of the Hungarian economy and strengthening self-sufficiency have become key issues in the currently dangerous times, Finance... 2023.10.20.
State Takeover of Budapest Airport Becoming More Certain The Ministry of Economic Development has taken the initiative to amend the aviation law. This makes it increasingly certain that... 2023.10.20.
Petrol Stations Defy Fuel Price Forecast Due to the war in Israel, analysts predicted a clear rise in fuel prices. However, they are being proved wrong,... 2023.10.20.
Viktor Orbán Courts Closer Cooperation with Huawei During Visit to China Prime Minister Viktor Orbán visited Huawei as part of his multi-day visit to China for the Belt and Road Forum.... 2023.10.20.
Indotek Group to Purchase 47 Percent of Auchan Magyarország Kft. Indotek Group signed an agreement on Wednesday to acquire 47 percent of Auchan Magyarország Kft., who manages the retail operations... 2023.10.19.
Hungarian Development Among the Most Promising European AI Solutions The European Commission's scientific panel ranked the development of IdomSoft, the company responsible for Hungary's public digitization, as one of... 2023.10.19.
California’s First Hydrogen-Powered Trains Could Be Built in Szolnok A historic decision was made by the State of California and Stadler, a Swiss railway vehicle manufacturing company, when they... 2023.10.19.
Hungary on the Way to Become the Second Largest Producer of Electric Batteries Thanks to the investments of Eastern companies, Hungary is now in fourth place in the production of electric batteries, but... 2023.10.19.
MOL Signs Authority Contract on Production Levels Hungarian multinational oil and gas company MOL Group has signed an authority contract with the Hungarian State that sets minimum... 2023.10.18.
V4 Economies Strongly Affected by Germany’s Performance Ninety percent of exports from V4 countries are to European Member States, meaning a high geographical concentration, writes Magyar Nemzet.... 2023.10.18.
Minister Confident of Reaching an Agreement on EU Funds This Week Minister for Regional Development Tibor Navracsics is confident that an agreement with the European Commission will be reached by the... 2023.10.18.
Chinese BYD Electric Cars Go on Sale in Hungary Chinese car manufacturer BYD is to start selling its pure electric vehicles in Hungary, the first in the Central and... 2023.10.18.
Economy Could Be Impacted by Escalation of Israel-Hamas War The Hungarian economy will feel the immediate impact of the Israeli-Palestinian conflict if it does not stop at the borders.... 2023.10.17.
New Talks on EU Funding Could Start in Brussels This Week Two Hungarian ministers will travel to Brussels on Wednesday evening for talks with two EU commissioners, Johannes Hahn and Didier... 2023.10.17.
