Hungary’s National Debt/GDP Ratio Shows Signs of Slight Improvement The consolidated gross debt of the general government at nominal value stood at HUF 47 884 billion (EUR 116 bn)... 2022.11.25.
Hungary Could Be Exempt from EU Oil Price Cap Hungary appears to have been granted an exemption from the EU's planned oil price cap, which is essential to guaranteeing... 2022.11.25.
Hungarian Mercedes-Benz Press Plant Starts Production Production has started at the new 23,000 square meter press plant of the Mercedes factory in Kecskemét. The second press... 2022.11.24.
Ukraine Demands More Money for Transit Supplying Oil to Hungary Oil pumping through the Ukrainian section of the Friendship pipeline was stopped and shortly after resumed on Wednesday. This week,... 2022.11.24.
New Decrease in Fuel Prices Announced Fuel prices have been falling in Hungary for two weeks now, and this week has been no different. As of... 2022.11.24.
OECD Improves Growth Forecast for Hungarian Economy The Organization for Economic Co-operation and Development (OECD) raised Hungary's economic growth forecast for this year to 6.0 percent from... 2022.11.23.
Not So Sweet: Renowned Budapest Confectionery Closes Its Doors One of the latest victims of the cost of energy crisis is Budapest's much loved historic Hauer Confectionery that has... 2022.11.23.
Kuwait on the Danube? Oil Deposits Found near Budapest Hungarian oil company Mol has discovered a significant amount of oil at a depth of 2100 meters near Vecsés, next... 2022.11.22.
Hungarian Real Wages Fall the Least Among Visegrad Countries Real wages in the Czech Republic will fall by 8.3 percent this year due to high inflation. Of the four... 2022.11.21.
Hungary’s New Military Helicopter Takes to the Skies The modernization of the Hungarian defense forces have taken another significant leap ahead when on 17 November, the first Airbus... 2022.11.21.
Price of Energy Imports to Quadruple in the Span of Two Years It cannot happen in Hungary that families are unable to heat their homes, just as it cannot happen that the... 2022.11.18.
Hungary Issues Green Panda Bond Worth Two Billion Yuan Hungary issued a Green Panda Bond worth 2 billion yuan on the Chinese market on Wednesday, Finance Minister Mihály Varga... 2022.11.17.
Asian Car Brands Are Gaining Ground in the Hungarian Market Car brands from the Far East have been popular in Hungary, but now they could be in even greater demand.... 2022.11.17.
Oil Deliveries Resume through Friendship Pipeline Both the foreign minister and the prime minister's office have confirmed that crude oil deliveries have restarted through the Friendship... 2022.11.17.
Hungarian Eyes on Israeli Air-Defense Systems A NASAMS Norwegian-US air-defense battery launching an AMRAAM missile. On Wednesday, President of the Republic Katalin Novák and Minister of... 2022.11.17.
Hungary to Establish an Independent Energy Ministry Last week, news broke in Hungary that the head of the Ministry of Technology and Industry, László Palkovics, had resigned.... 2022.11.16.
Hungarian Economy Strengthens amid War and Sanctions The Hungarian economy is resisting the adverse effects of war and sanctions, as it grew by 4.1 percent in the... 2022.11.16.
Domestic Gas Consumption Fell Again in September In September, the daily average of domestic natural gas consumption decreased significantly compared to the previous four-year period, accelerating the... 2022.11.15.
Fall in Hungarian Fuel Prices Announced Hungarian drivers can rejoice as the market price of fuel in Hungary will see some reduction from Wednesday. As the... 2022.11.15.
International Recognition for the Hungarian Tax System The Hungarian tax system has received further international recognition, as Hungary has moved up to seventh place in the EY... 2022.11.11.
PM Orbán: Hungary Sees the Organization of Turkic States as Forum for Peace Hungary sees the Organization of Turkic States as a forum for peace in the war in Ukraine, Prime Minister Viktor... 2022.11.11.
