Pension Increase and Bonus Coming to Hungarian Seniors After pension increases of five percent in January and 3.9 percent in July, the third increase for seniors in Hungary... 2022.11.03.
Eurostat: Hungarian Gas Prices Cheapest, Electricity Second Cheapest in EU According to Eurostat data, electricity and gas prices have increased significantly in all member states, yet taxes and charges on... 2022.11.01.
New Reservoir Prepares Hungary for the Next Drought After this year’s devastating droughts the urgency of storing and managing water reserves has become imperative. István Láng, Director General... 2022.11.01.
Budapest-Shanghai-Beijing Flights to Start from November Foreign Minister Péter Szijjártó has confirmed in a social media post on Saturday that direct flights between Shanghai, Beijing, and... 2022.10.29.
Viktor Orbán Calls for Energy Diversification The long-term solution to the energy crisis is to bring as much energy as possible to the European continent from... 2022.10.28.
“Nobody Thinks of Hungary as a Blue-collar Country” Swedish Ambassador Dag Hartelius spoke about the reasons his country is a strategic investor in Hungary. "Today, there are about... 2022.10.28.
Nuclear Energy Has Become an Issue of National Sovereignty, Foreign Minister Says Hungarian Foreign Minister Péter Szijjártó spoke about the importance of nuclear energy in Washington. “Nuclear energy has become an issue... 2022.10.27.
ECB resists calls to Curb Banks’ Huge Profits According to the Financial Times, European governments could be set to follow in Hungary’s footsteps in introducing a range of... 2022.10.27.
Controversial Danube Dam Marks 30th Anniversary Communist comrades of Czechoslovakia and Hungary shook hands over the agreement to build a hydro-electric dam on the Danube river... 2022.10.26.
Severe Problems with Europe’s LNG Processing Capacity As Europe grapples with a severe energy crisis, yet another complication is exacerbating the situation on the continent: dozens of... 2022.10.26.
Rent Increases Stall in the Hungarian Housing Market The rise in rents that has occurred for more than a year and a half came to a halt in... 2022.10.26.
Hungary Signs Trade Development Agreement with South Korea Minister of Foreign Affairs and Trade Péter Szijjártó met his South Korean counterpart on Monday, where he said that thanks... 2022.10.26.
Hungary Rejects EU’s ‘Crazy’ Ideas on Energy The Hungarian Foreign Minister firmly rejected proposals for a mandatory joint EU gas procurement and a solidarity mechanism at the... 2022.10.26.
Cypriot Gas Fields Could Be a Solution to the Energy Crisis The solution to the energy crisis in Europe should be to attract new resources and build new transport routes instead... 2022.10.25.
Average Gross Wage in Hungary HUF 497.000 in August In August, average gross earnings of full-time employees were HUF 497,200 (EUR 1207), or HUF 507,000 (EUR 1231) excluding public... 2022.10.25.
Turkey An Important Strategic Partner for Hungary Hungary and Turkey are important partners and allies in many fields, be it trade, economy, culture, or defense issues, said... 2022.10.25.
Hungary to Cut Gas Use by a Third by 2050 Hungary aims to achieve a target of consuming no more than 3-4 billion cubic meters of gas per year in... 2022.10.25.
Hungary Strongly Opposes a Possible Gas Embargo The government does not support EU proposals that threaten the security of energy supply, Minister Gergely Gulyás said, referring to... 2022.10.24.
Hungarian Device Could Be the Solution for Storing Solar Panel Electricity At present, the Hungarian electricity grid is not able to cope with the increased consumer demand and there is a... 2022.10.24.
Hungarian Government Takes New Measures to Fight ‘Sanctions Inflation’ The Hungarian government intends to take action against sanction-caused inflation in coordination with the central bank. It has therefore decided... 2022.10.24.
Damage to Europe-China Economic Cooperation Must Be Avoided, Warns Foreign Minister Speaking at the II Hungarian Battery Day conference, Foreign Minister Péter Szijjártó stressed that the world economy had turned upside... 2022.10.21.
