Signals of Recovery in Hungarian Industrial Production The war and sanctions have inflicted substantial damage on the economy, contributing to a 5.8% year-on-year decline in industrial production... 2024.01.09.
Pharmaceutical Industry a Major Contributor to the Economy’s Success The government is committed to increasing the long-term and sustainable competitiveness and performance of the Hungarian pharmaceutical industry, reports Magyar... 2023.12.15.
Despite the Deficit, the Government Aims to Reduce the National Debt The war, the energy sanctions crisis and the dangerous global economic environment have all put the Hungarian budget under considerable... 2023.12.08.
U.S. Company’s Investment Boosts Success of Automotive Sector International automotive companies no longer regard Hungary as just an assembly plant; the sector is characterized by highly innovative and... 2023.12.06.
“We Must Open Our Economy to Eastern Markets”, Viktor Orbán States There is no such thing as a veto, the EU's basic treaty does not recognize this concept, Hungarian Prime Minister... 2023.12.01.
Work-Based Economy Is Key to Breaking Trade Turnover Records, Says Minister Szijjártó A policy focused on job creation is the guarantee of a stable future in Hungary, and thanks to this, last... 2023.11.23.
Inflation Back to Long-Anticipated Single Digit The Minister responsible for the Prime Minister's office Gergely Gulyás had informed at the Government Info regular press conference that... 2023.11.09.
Second Oldest Hungarian-Owned Company Expands with HUF 6 Billion Preserving the sovereignty of the Hungarian economy and strengthening self-sufficiency have become key issues in the currently dangerous times, Finance... 2023.10.20.
Foreign Minister in China: Separation of Eastern and Western Economies Risky Efforts to separate the interdependent economies of the East and the West pose a serious risk to the jobs of... 2023.10.19.
Hungary on the Way to Become the Second Largest Producer of Electric Batteries Thanks to the investments of Eastern companies, Hungary is now in fourth place in the production of electric batteries, but... 2023.10.19.
V4 Economies Strongly Affected by Germany’s Performance Ninety percent of exports from V4 countries are to European Member States, meaning a high geographical concentration, writes Magyar Nemzet.... 2023.10.18.
Relations with Israel: A Remarkably Close Economic Partnership Tel Aviv, the second largest city in Israel Today, Hungary has one of the closest relations with the Middle Eastern... 2023.10.16.
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.
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.
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.
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.
German Companies Plan to Outsource Production to Central Europe In the long term, Hungary could be a winner from the mounting problems of the German economy, as there are... 2023.09.06.
“We Have the Most Sovereign Foreign Policy in Europe,” Says Foreign Minister The government has the greatest legitimacy in Europe following last year's elections, and as a result Hungary can implement the... 2023.08.28.
Real Wages May Rise Again, Says Economic Development Minister According to data from the Central Statistical Office, average gross wages rose to HUF 566,800 (EUR 1,478) in June 2023,... 2023.08.25.
Targeted Measures Lead to a Significant Increase for Government Bonds The more than 7,000 billion forints (EUR 18.2 billion) of uncommitted funds in household accounts could represent a huge revenue... 2023.08.24.
“We Need Soldiers, Not Workers in Uniform!”, says the Prime Minister In a situation where the European economy and we Hungarians find ourselves, we must take steps that build on each... 2023.08.18.
