Eurostat: Hungarian Gas Prices Cheapest, Electricity Second Cheapest in EU According to Eurostat data, electricity and gas prices have increased significantly in all member states, yet taxes and charges on... 2022.11.01.
Viktor Orbán Calls for Energy Diversification The long-term solution to the energy crisis is to bring as much energy as possible to the European continent from... 2022.10.28.
Hungary Signs Trade Development Agreement with South Korea Minister of Foreign Affairs and Trade Péter Szijjártó met his South Korean counterpart on Monday, where he said that thanks... 2022.10.26.
Turkey An Important Strategic Partner for Hungary Hungary and Turkey are important partners and allies in many fields, be it trade, economy, culture, or defense issues, said... 2022.10.25.
Anxiety about Cost of Living Crisis among Hungarian Workforce Uncertain global economic and political conditions are affecting people's daily lives. According to an international survey, a third of workers... 2022.10.20.
Hungarian Households 12 Percent Wealthier Than Last Year Hungarian households' gross financial assets increased by 11.9 percent last year to 14.8 billion euros (6360 billion forints), but at... 2022.10.13.
Opinion: Slovak Minister, Who Spread Fake News about Hungary, Now Presides over the Economic Collapse of His Country Karel Hirman, the newly nominated economy minister of Slovakia, has his work cut out, as only days into his entry... 2022.09.28.
End of Interest Rate Rise in Hungary, Other Tools on Way for Monetary Tightening On Tuesday, the Governor of the Hungarian National Bank announced that the bank's 16-month cycle of interest rate hikes, the... 2022.09.28.
Analysts: Inflation Still Far from Peak in Hungary Consumer prices rose 15.6% in August, breaking another 24-year record in Hungary. Food prices were the most affected by the... 2022.09.09.
Hungarians Look for Cheaper Products in Shops July retail trade data suggests that households have started to adjust to the tighter economic environment and that consumption in... 2022.09.06.
Eyewatering Rise in Hungarian Producer Prices In July, domestic industrial sales prices were 52.7 percent higher, export prices 30.4 percent higher than a year earlier, while... 2022.09.01.
Base Rate Rises Again in Hungary amid Turbulent Global Economy The Hungarian National Bank (Magyar Nemzeti Bank, MNB) is significantly tightening monetary liquidity, announced Vice President Barnabás Virág. He said... 2022.08.31.
Major Tobacco Industry Development Announced in Hungary The tobacco industry has become a significant sector in Hungary, partly thanks to the Hungarian family-owned Continental Tobacco Zrt. The... 2022.08.23.
Hungarian Government Intends to Buy Stake in Vodafone Hungary On Monday, Minister of Economic Development Márton Nagy announced the intention to buy a minority stake in Vodafone Hungary, part... 2022.08.23.
Government to Aid Small Petrol Stations with Billions The government will continue its support for small petrol stations, with HUF 18.5 billion (EUR 45 million) earmarked for this... 2022.08.17.
Rise in Current Account Deficit Throws Down the Gauntlet to Hungarian Economists After a drop in May, the Hungarian national monthly current account deficit increased to EUR 806 million in June, to... 2022.08.16.
Hungary to Significantly Increase Domestic Gas Production It's a little known fact that Hungary has its own gas fields in the southern part of the country where... 2022.08.12.
Hungarian Telekom Earns Less due to Windfall Tax and Inflation The windfall tax and the unfavorable economic climate have a mixed impact on Hungarian companies. While some are still making... 2022.08.09.
Hungarian Real Estate Prices Rose the Steepest in the EU There are soaring real estate prices in Hungary, according to the data of the Central Statistics Office (KSH). In the... 2022.08.08.
August Is Last Month for Hungarian Students to Take Advantage of Tax-Free Employment For one more month, young people eligible for the summer student work scheme can work for their earnings free from... 2022.08.05.
Mol Group Closed the Second Quarter With an Outstanding Result In the second quarter of 2022, Mol Group achieved a "pure" EBITDA (earnings before interest, tax, depreciation and amortisation) estimated... 2022.08.05.
