Trade Is an Instrument of Peace in the Western Balkans The Hungarian government is not willing to give up the security of energy supply for any political reasons, and although... 2023.03.23.
Price Cap on Food Products Not a Magic Wand It Was Thought to Be According to an article published in the Spanish El Mundo, inflation is sweeping the European Union as a whole, and... 2023.03.22.
MOL Has Started to Transport Oil from Azerbaijan The Hungarian oil and gas company MOL has announced that it has started transporting crude oil from Azerbaijan to Slovnaft's... 2023.03.21.
New Milestone Reached with Air Force’s State-of-the-Art Helicopters The Hungarian military type certification of the Airbus H225M medium transport helicopters has been completed, reported Honvedelem.hu defense news website.... 2023.03.21.
Hungary Among Leaders in Global Race for Battery Manufacturers A recent report by Bloomberg has highlighted the Hungarian governments' success in attracting lucrative and high-tech investment to the country... 2023.03.17.
Hungarian Banking System Is Strong, Says Finance Minister The Finance Minister spoke in Cluj-Napoca (Kolozsvár, Romania) on the state and future of the Hungarian economy and banking system.... 2023.03.16.
French Involvement to Increase in Paks Nuclear Power Plant Hungary is negotiating to further increase the role of the French Framatome in the expansion of the Paks nuclear power... 2023.03.14.
Mercedes Management Informs Minister About Progress in Hungary The Minister of Economic Development, Márton Nagy, received the executives of Mercedes-Benz Manufacturing Hungary Kft. at his office on Monday,... 2023.03.14.
Brussels Thinks They Can Spend Money Better than Elected Governments On Thursday, the government briefed the public on the latest political and economic developments during the Government Info meeting. Gergely Gulyás,... 2023.03.09.
United States Draining the EU’s Business Potential, Says Expert "The trade war between the European Union and the United States has reached a new level. Joe Biden has said... 2023.03.08.
Hungary’s Professional Astronaut Candidates Presented The four astronaut candidates are Ádám Schlégl, Gyula Cserényi, Tibor Kapu, and András Szakály (L-R) The HUNOR - Hungarian Astronaut... 2023.03.08.
Biden Administration Continues to Exert Financial Pressure on Hungary Individuals and companies alike may be adversely affected by the Biden administration's decision to unilaterally terminate the double taxation treaty... 2023.03.08.
Promising Outlook for Oil Near Near Budapest Hydrocarbon prospecting in the Üllő area of the Dány concession zone looks promising, Ádám Homonnay, director of exploration and production... 2023.03.07.
Significantly Reduced Turnover for Domestic Slaughterhouses Last year, the number of cattle slaughtered in Hungarian slaughterhouses fell below 100,000, the lowest level since 2014, Világgazdaság reported.... 2023.03.07.
“Butter-wars” a Turning Point in Inflation Inflation in Hungary may have peaked, as the rate of consumer price inflation slowed, albeit slightly, in February, after 25.7%... 2023.03.07.
Taxi Fares Rise Significantly, but Cabbies Still Dissatisfied The new prices for taxi services in Budapest come into effect on Monday, again significantly increasing the cost of the... 2023.03.06.
Energy Companies Making Money from the War The war is bad for almost everyone, except for the big energy companies, according to Csaba Dömötör, State Secretary of... 2023.03.06.
Rheinmetall Key to the Modernization of the Defense Forces On March 1 and 2, Dr. Dávid Klacsmann, Deputy State Secretary for Defense Industry and Defense Procurement of the Ministry... 2023.03.06.
Energy Must Not Be Politicized, Says Foreign Minister There would be a better chance of solving energy supply problems if they were based on physical reality instead of... 2023.03.03.
Budapest Airport to Have Its Own Fire Brigade The operator of the Liszt Ferenc International Airport is setting up an on-site fire brigade with a large team and... 2023.03.03.
1.5 Percent Economic Growth Expected This Year The government expects the Hungarian economy to grow by 1.5 percent this year, Finance Minister Mihály Varga said during a... 2023.03.03.