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.
Hungary Among the Cheapest EU Countries for Food Prices Eurostat has published a detailed study on food prices in Europe. It reveals that Hungary has one of the lowest... 2023.08.16.
Economic Performance Still Weak, but Worst is Behind Us The Hungarian economy will return to growth in the second half of the year, and next year it could perform... 2023.08.16.
Agriculture Can Be the Savior of Economy Although last year's high base caused GDP to fall on an annual basis, on a quarterly basis it is now... 2023.08.15.
Inflation Finally Drifting Back to Normal Inflation in Hungary slowed to 17.6% in July this year (compared with July 2022. Previous inflation in June: 20.1%, year-on-year).... 2023.08.08.
Bigger Than Expected Interest in Summer Student Work Program There is huge interest in the summer student work program, the number of participants exceeded 28,200 against the planned 26-27,000,... 2023.08.03.
Online Price Monitoring System Seems to Be a Huge Success More than 650,000 people have visited the online price monitoring website since its launch on July 1, the President of... 2023.07.31.
Prime Minister Orbán Accuses the EU of Conducting Population Replacement Viktor Orbán and former Reformed Church Bishop László Tőkés (R) on the main stage in Tusványos. The balance of power... 2023.07.22.
European Commission Extends Restrictions on Ukrainian Cereals The European Union has extended the restrictions on imports of grain from Ukraine, specifically wheat, maize, rapeseed, and sunflower seeds... 2023.06.06.
“The European Commission Has No Say” in Matters of Domestic Utility Price Caps Finance Minister Mihály Varga (L) and Gergely Gulyás, Minister of the Prime Minister's Office. The Minister of Finance called the... 2023.05.25.
Healthcare to be a Driving Sector of the Economy GDP data came as a rather pleasant surprise, but were basically close to market expectations. In services, growth was mainly... 2023.05.17.
Kyrgyz Lamb to Burst onto Hungarian Restaurant Scene Hungarian company Matusz-Vad will soon start buying lamb's meat from Kyrgyzstan for Hungarian hotels and restaurants, and future plans include... 2023.05.09.