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.
Hungarian 2022 GDP Growth Could Be Almost Double That of EU Average Amid all the doom and gloom of the pandemic- and war-strikken EU economy, there is a glimmer of hope in... 2022.07.17.
Finance Minister: Healthcare Industry Is Capable of Providing Safe Care for the Country Hungarian industry, including the healthcare industry, is capable of providing the country with a complete and safe supply chain, the... 2022.07.15.
Hungary Faces Record High Workforce Shortage as Jobs Go Unfulfilled Hungary faces a never before seen workforce shortage similar to the pre-Covid economic situation, and the problem is only projected... 2022.06.23.
Online Tax Returns Increasingly Popular; HUF 50 Billion to be Distributed to Charities Christian communities are some of the greatest beneficiaries of the Hungarian tax-return policy. Online tax returns have become the most... 2022.06.21.
Press Roundup: Sanctions on Russia and Europe’s Future Commentators across the political spectrum ponder the broader implications of EU sanctions on the future of Europe. Hungarian press roundup... 2022.06.13.
GKI CEO on Govt’s Windfall Taxes: ‘No Such Thing as Extra Profit’ According to the CEO of GKI Economic Research Zrt., there is no such thing as extra profit, and he does... 2022.05.27.
Structural Peculiarities in the Fifth Orbán Government It has been known for several weeks that the new government will not have separate ministries for either education, health,... 2022.05.26.
Economic Sectors Get Priority in Fifth Orbán Government Parliament elected Viktor Orbán as prime minister for the fifth time on Monday. He has already announced the members of... 2022.05.17.
GKI Survey: Hungarians Feel Double the Record-Breaking Inflation Hungarian households felt a 22 percent increase in consumer prices around the country in April, despite real prices increasing by... 2022.05.12.
OTP Bank CEO Csányi: Relations with EU Should Be Restored "I would try to restore the relationship with the European Union. Hungary is in great need of these funds, which... 2022.05.05.
Hundreds of Hungarian Bakeries May Close Due to Production Costs Rising production costs must be built into the consumer prices of Hungary's bakeries, otherwise up to 400-500 may be forced... 2022.05.05.
