Opposition Has So Far Collected 170,000 Signatures for Referendum on Fudan and Jobseeker’s Allowance The referendum drive of the opposition alliance aimed at preventing a campus of Fudan University to be built in Budapest,... 2022.01.14.
Hungary’s Inflation at 14-Year Record for Second Month in a Row Hungarian annual inflation was 7.4 percent in December, the Central Statistical Office (KSH) said on Friday. Higher cigarette and vehicle... 2022.01.14.
PM Orbán “Prepared to Defend” Price Caps in Brussels In critical situations the main question was "to what extent is it good to interfere in the operation of the... 2022.01.14.
Who Will Benefit from Govt’s Recently Announced Food Price Cap? The Orbán government has decided to cap the price of some key food products, including milk, flour, cooking oils, and... 2022.01.13.
Aldi and Lidl Prices 12-15% Higher Than One Year Ago At the moment, customers have to pay 14.9% more in Aldi and 12.5% more in Lidl than one year ago,... 2022.01.12.
Opposition Parties Promise Public Debt Reduction without Austerity Politicians of opposition Jobbik, Momentum, and Párbeszéd told a joint press conference on Monday that they would reduce public debt... 2022.01.11.
Majority of Hungary’s Workplaces to Increase Wages by More than 10% in 2022 Huge differences can be seen in this year’s wage agreements in Hungary, but the increases surpass 10 percent in most... 2022.01.11.
Finance Minister: Gov’t Running ‘Disciplined Budget’ Hungary's government is running a disciplined, tight budget, Mihály Varga, the finance minister, said in an interview to public radio... 2022.01.10.
Press Roundup: Former National Bank President Predicts Restrictions after Election György Surányi, who served as President of the National Bank under a socialist-liberal government in the 1990s, sees monetary and... 2022.01.08.
KSH: Retail Sales up 3.8% in November Retail sales in Hungary rose by an annual 3.8 percent in November, the Central Statistical Office (KSH) said on Friday.... 2022.01.08.
Hungarian Forint Manages to Stabilize after Inflationary Pressures The Hungarian Central Bank (MNB) successfully combatted the rising inflation level by raising interest rates, allowing the country's national currency,... 2022.01.07.
The Most Popular Cars of 2021 in Hungary As a result of the global chip shortage, the constant delays in the delivery of components, the inflation of Hungary’s... 2022.01.05.
Hungary Jobless Rate Down to 3.7% in November Hungary's jobless rate was 3.7 percent in November, down from 3.9 percent in October, the Central Statistical Office (KSH) said... 2022.01.05.
Aldi Store Managers May Earn More Than HUF 1 million after Recent Hike Inflation, rising employment shortage, and the increase of the minimum wage are pushing wages further up in the commercial/retail sector... 2022.01.05.
Gross Wage Growth Slows to 8.5% in October Year-on-year wage growth in Hungary slowed to 8.5 percent in October from 9.1 percent in the previous month, data released... 2022.01.04.
Opposition Promises Better, More Transparent Pension System The opposition coalition led by Péter Márki-Zay announced a joint opposition program to protect the elderly and pensioners. László Szakács,... 2022.01.03.
Press Roundup: Conflicting Takes on the State of the Hungarian Economy A left-wing commentator describes welfare measures introduced barely three months before the next parliamentary elections as a desperate attempt by... 2022.01.03.
Orbán Gov’t Promises Myriad of State Support, Massive Wage Hikes Ahead of 2022 Election As part of a spending spree ahead of the 2022 parliamentary elections, the Orbán-led government has announced a series of... 2022.01.02.
Opposition: PM Orbán’s Economic, Social Policies Failed Prime Minister Viktor Orbán's economic and social policies have failed, the co-leader of opposition LMP said at a joint press... 2021.12.27.
Central Bank Head Matolcsy: Monetary Tightening to Continue in 2022 The cycle of interest rate raises started in June will continue in 2022, as long as it is necessary to... 2021.12.27.
Press Roundup: Mortgage Interest Rates Capped The leading independent online business news outlet doubts that the government’s decision to freeze mortgage interest rates will help to... 2021.12.24.