The EU’s Will Be Owed an Astronomical 900bn by Member States The EU will be owed a record EUR 900bn by 2026, reported the Financial Times. The rapidly rising debt levels... 2023.10.13.
Agreement to Deepen Industrial Cooperation with Georgia Minister of Economic Development Márton Nagy attended the joint Georgian-Hungarian government meeting from October 11-12, 2023, during which he held... 2023.10.13.
Gas Storage Tanks Almost One Hundred Percent Full Hungary's gas storage filling levels reached 95 percent at the beginning of October 2023, only one percentage point below the... 2023.10.12.
Nuclear Energy Continues to Be a Profitable Investment The Paks nuclear power plant Any claim that there is no need for the Paks II power plant because the... 2023.10.12.
North Korea’s Nuclear Threats Must Not Be Tolerated, Says Foreign Minister There are too many conflicts in the world at the same time, and this could lead to a more complex... 2023.10.12.
IMF Maintains Its Previous GDP Predictions IMF building at night. Photo: IMF/ Facebook. In its latest quarterly prognosis, the IMF maintains its previous forecast of 3%... 2023.10.11.
Year-on-year Consumer Prices Increased by 12.2% in September Consumer prices increased by an average of 12.2 percent in September compared to the same month of the previous year,... 2023.10.11.
MÁV Railway Subsidiary to Be Taken Over by a Private Operator One of MÁV's most important subsidiaries will be taken over by a Hungarian private operator. This will finally allow the... 2023.10.11.
Tourism Remains the Sector Most Resistant to the Economic Slowdown in September In September 2023, the Tourism Business Cycle Index stood at -3 (on a scale of -100 to +100), indicating that... 2023.10.11.
This is How the Mandatory Bottle Return System Will Work From the beginning of next year, all packaging of glass, metal, and plastic bottled beverage products with a return mark... 2023.10.10.
Considerable Drop in Fuel Prices After the drop in petrol prices on Friday, the price will be even lower on Wednesday. The price of petrol... 2023.10.10.
“Well-Deserved” Success in Higher Education and Science "Hungary achieved well-deserved success in the past month: Hungarian vocational education and training has become European champion and world champion,... 2023.10.10.
Hungarian Budget Closes September with a Surplus The protracted war between Russia and Ukraine and the sanctions policy in Brussels have led to an unfavorable global economic... 2023.10.10.
Sixty Domestic Companies Represented at the Cologne Food Exhibition Sixty Hungarian companies will be represented in Cologne, Germany at ANUGA, one of the world's largest food industry exhibitions, running... 2023.10.10.
Defense Forces Make Huge Investment in Modernizing Medical Equipment The Hungarian Defense Forces have gained a "unique," cutting-edge "capability," serving both health in the defense sector and of the... 2023.10.10.
Expansion of Red Cross Headquarters in Budapest on the Horizon "Many UN agencies are based in Budapest, with around 2,000 Hungarian enployees. Among them, the International Labor Organization stands out... 2023.10.10.
Wizz Air’s Shares Plummet Due to Israeli War European airlines are cancelling flights to Israel in the wake of the Palestinian-Israeli conflict that erupted at the end of... 2023.10.10.
Foreign Trade Figures Show Significant Improvement Compared to Last Year Hungary's external trade balance continues to improve, with the value of exports in euro terms 1.5 percent lower in August... 2023.10.10.
Fitch Ratings Forecasts Stable Economic Growth in Hungary Next Year Fitch projects that the Hungarian economy will grow steadily from next year, expecting it to help reduce the public debt... 2023.10.09.
Recruitment for BMW Plant in Debrecen Already in Full Swing The construction of the BMW plant in Debrecen (eastern Hungary) is proceeding as planned. The number of people who can... 2023.10.09.
Mandatory Bottle Return System to be Introduced Next Year From January 1, 2024, the mandatory bottle return system will start in Hungary. The government's aim is to enable Hungary... 2023.10.06.
