Hungary’s Economy Engine Automotive Industry to Pull the Brakes? In recent years, Hungary has achieved strong economic growth. However, according to the latest statistics, there is a significant downturn... 2020.02.07.
Szijjártó: Hungary Clearly Among Winners of New Era in Global Economy Hungary's economy is undergoing a dimensional shift which has clearly placed the country among the winners in a new era... 2019.12.30.
Minister of Foreign Affairs Meets Russian Industry Minister in Budapest Péter Szijjártó, Hungary's minister of foreign affairs and trade, held talks with Denis Manturov, Russia's minister of industry and trade,... 2019.10.30.
John O’Sullivan: Has Hungary Reached a Stable Situation? – Hungary at First ‘Site’ Conference This week, the Friends of Hungary Foundation, publisher of Hungary Today and Ungarn Heute, hosted its third annual conference, “Hungary At... 2019.10.25.
Lawmakers Expected to Weigh Expanded Family Support, New Economic Protection Plan Hungary's government expects to submit bills to lawmakers in the autumn expanding the family support system and launching a new... 2019.10.21.
New Retail Bond Already Sold in 1500 Billion Forints Worth Hungarian citizens have already subscribed HUF 1,510.5 billion worth bond from the Hungarian Government Securities Plus (MÁP +) between the... 2019.08.08.
Varga: Measures to Protect Economic Growth Come Into Force Two measures of the economic action plan announced in May have come into force on Wednesday, Finance Minister Mihaly Varga... 2019.07.24.
Hungary’s New ‘Super Bond’ Remains Extremely Popular After its strong launch, the new governement bond called the Hungarian Government Security Plus (MÁP Plusz), remains extremely popular, economic news... 2019.06.25.
Astounding Demand for Hungary’s New ‘Super Bond’ Hungary’s newest retail government bond, the Hungarian Government Security Plus (MÁP Plusz), is immensely popular: more than HUF 500 billion... 2019.06.12.
Szijjártó: More than 300,000 Jobs Created by German Companies in Hungary German companies have created over 300,000 jobs in Hungary, Péter Szijjártó, the foreign affairs and trade minister, said during a... 2019.06.12.
Finance Minister Announces Tax Cuts, Growth Incentives Finance Minister Mihály Varga on Thursday announced a number of tax cuts and growth incentives as part of plan to... 2019.05.30.
Expansion of Mercedes Factory in Kecskemét Stopped Temporarily Daimler – the multinational automotive corporation behind the Mercedes brand – has temporarily suspended the expansion of its flagship car... 2019.05.15.
Orbán Announces 6 Points Plan To Make Hungary Successful "Migration will completely reshape the world in which we live, and everything that happens in 2050 and beyond will be... 2019.02.27.
Govt Launching Series of Forums on Europe’s Future The government is launching a series of forums to discuss the future of Europe with the participation of ministers and... 2018.10.19.
Hungarian Gov’t Plans to Dramatically Increase Wages by 2022; But is This Increase Economically Sustainable? The negotiations between the Orbán government, business and employer organizations over the next seven-year’s wage agreements have not taken place... 2018.05.18.
Working in Hungary Is ‘Increasingly Worthwile’ Addressing International Workers’ Day, the economy ministry said in a statement that thanks to tax cuts and pay rises, working... 2018.05.02.
Govt Economic Policy Goals to Stay the Same, Says Varga The results of the general election confirm that the government's economic policy goals should remain the same, Economy Minister Mihály... 2018.04.20.
“The fridge is full now”, New York Times Examined Orbán’s Fostered Work Scheme In a lengthy article, New York Times analyzes Hungary's economy through the Orbán government's national workfare program (a.k.a. fostered work scheme)... 2018.04.06.
Elections 2018: PM Orbán Claims that Economic Growth Can Only be Maintained “If Hungary is Protected” At the Hungarian Chamber of Commerce and Industry’s annual opening session, Prime Minister Viktor Orbán claimed that “If Hungary is... 2018.03.08.
Hungarian State Debt Drops to 74.5% of GDP at End of 2017 According to preliminary data, Hungary’s state debt as a percentage of GDP declined to 74.5% at the end of last... 2018.01.03.
Hungarian Finance Expert Explains Economics Through his Favorite Recipes – Video! How are goulash and trade or cartels and stuffed cabbage related? Peter Ormosi, senior lecturer of University of East Anglia,... 2017.11.08.
