Further Increase in the Automotive Sector’s Contribution to GDP Essential Hungary's international working capital currently exceeds EUR 100 billion, and the government plans to double this figure by 2030, the... 2023.11.08.
Hungary Aims to Remain a Key Destination for Chinese Investors Minister of Economic Development Márton Nagy attended the 6th China International Import Expo in Shanghai. In his speech at the... 2023.11.07.
New Paks Nuclear Power Plant Reactor to Be “Fukushima-Proof” The Paks expansion project in November The expansion of the Paks nuclear power plant is being carried out under the... 2023.11.07.
The Turkic World Must Be Part of the New European Security Structure Prime Minister Viktor Orbán at the 10th Summit of the Organization of Turkic States Global developments have been turbulent in... 2023.11.06.
Hungarian Development Among the Most Promising European AI Solutions The European Commission's scientific panel ranked the development of IdomSoft, the company responsible for Hungary's public digitization, as one of... 2023.10.19.
Economic Sovereignty of EU Countries Must Be Preserved, Says Finance Minister A new way of dealing with increased budget deficits and debt levels must be developed in the European Union, but... 2023.10.18.
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.
New Regional Development Law to Improve Rural Areas The countryside should be provided with better public services, and cities need more peace and quiet. This was the message... 2023.10.11.
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.
MMA General Assembly: “Without Identity There is No Capacity for Action” “We shall preserve our identity, because without identity there is no capacity to act, and we shall elect such people... 2023.10.06.
Nestlé Investment to Create 280 New Jobs The capacity expansion investment of Nestlé Hungária Kft. will create 280 new jobs in Bük (near the Austrian border), and... 2023.10.06.
Economic Outlook for the Future Is Positive due to Automotive Sector Based on a report by the European Bank for Reconstruction and Development (EBRD), Oeconomus points out in its analysis that... 2023.10.05.
Inflation Expected to Slow to 7-8 Percent by the End of the Year The consumer price index will fall to 7-8 percent by the end of the year, and the disinflationary impact will... 2023.09.29.
Hungary Moves Up in the Ranking of Richest Countries Last year, net financial assets per capita were EUR 18,060, putting Hungary in 30th place among the richest countries, the... 2023.09.27.
Rapid Improvement in the Economic Balance Indicates a Positive Outlook The current account balance improved significantly in the second quarter, Gergely Suppan, senior analyst at Magyar Bankholding, said in reaction... 2023.09.27.
Economic Growth to Return in Second Half of the Year The Hungarian economy may return to growth in the second half of the year, Finance Minister Mihály Varga said at... 2023.09.27.
The EU Wants to Interfere in the Hungarian Budget, Minister Says Although the war and sanctions crisis is putting extraordinary strain on budgets, deficits and public debt are being steadily reduced,... 2023.09.18.
Energy Security Would Not Be Possible without the Turkic States Instead of isolating the war in Ukraine, the European Union's response has globalized its negative effects, and one can only... 2023.09.15.
Closer Economic Cooperation with China Is Essential Hungary would strongly support even closer economic cooperation between Europe and China, as the separation of the two economies would... 2023.09.14.
Series of Infrastructure Developments to Boost the Countryside The bridge under construction on the Danube at Mohács (southern Hungary) Minister of Construction and Transport János Lázár made a... 2023.09.07.