Changes within Industrial Sector Can Have a Positive Effect in Competing with Inflation It has been two and a half years since producer prices in industry last increased at such a low rate,... 2023.08.01.
Abolition of the Utility Cuts Would be an “Unacceptable Burden” A two-day government meeting was held in Sopronbánfalva about the unstable global economic environment, the misguided sanctions policy in Brussels... 2023.07.17.
Delicious Home-made Yogurt To Take On Foreign Imports Ádám Nagy, managing director of Nádudvari Élelmiszeri Kft, a producer of dairy products, meat, and frozen food, considers the development... 2023.05.18.
Government Aims to Achieve Electricity Sovereignty by 2030 Hungary could cover its entire electricity needs from its own resources by 2030, including the electricity needs of new industrial... 2023.03.31.
Hungarian Electricity and Gas Tariffs Still the Lowest in EU Although the gap between Hungarian and European residential electricity and gas prices continued to narrow in January, Hungarian electricity and... 2023.02.17.
Energy Prices to Remain Protected For households, the reduced prices for gas, electricity, and district heating will not increase throughout the year up to the... 2023.02.17.
Fuel Prices Could Shoot Up in Second Half of 2023 Experts are expecting significant price increases in the fuel market in the second half of 2023. If global market trends... 2023.01.17.
Hungarians Households’ Energy Bills among Lowest in Europe The Hungarian Energy and Public Utility Regulatory Authority (MEKH) announced the results of an international price comparison study on Thursday.... 2023.01.06.
Hungarian Households Have Most Favorable Energy Prices in Europe Hungarian households were again able to claim having the most favorable energy costs in Europe in November, according to an... 2022.12.14.
Hungarians Turn Down Their Heating Mild weather in October and a decline in industrial demand led to a saturation of EU storage facilities. This resulted... 2022.12.08.
PM Orbán Pays Visit to Leading Hungarian Oil Company Zsolt Hernádi, CEO of MOL (left) and Prime Minister Viktor Orbán In recent days, fuel has been the main topic... 2022.12.08.
PM Orbán States a 4000 Billion Euro Loss Due to Energy Sanctions The Hungarian economy will lose 4,000 billion forints (EUR 9.8 billion) through no fault of its own simply because of... 2022.11.30.
Long-anticipated Turnaround in the Hungarian Housing Market Here The Hungarian second-hand housing market has undergone an unprecedented turnaround, with sellers having to wait longer for buyers. Moreover, according... 2022.11.08.
Food Security Cannot Be Achieved Without Lower Energy Prices The sanction policy imposed by Brussels must be changed to curb the rise in food prices and increase food security,... 2022.11.04.
Weekend Performances Only at Popular Budapest Theater The director of the Attila József Theater in Budapest, Károly Nemcsák, said that they have reviewed the November and December... 2022.10.27.
Severe Problems with Europe’s LNG Processing Capacity As Europe grapples with a severe energy crisis, yet another complication is exacerbating the situation on the continent: dozens of... 2022.10.26.
Hungarian Baths May Avoid Total Closure, but Tough Winter is Coming Bathhouses are taking a number of measures to cut costs over the winter period as a result of higher energy... 2022.10.24.
Hungarian Government Takes New Measures to Fight ‘Sanctions Inflation’ The Hungarian government intends to take action against sanction-caused inflation in coordination with the central bank. It has therefore decided... 2022.10.24.
Hungarian Prime Minister’s Office Hits ‘Save’ Mode The Prime Minister's Office and other the government institutions are no longer just saving on heating and energy, employees at... 2022.10.19.
Hungarians Working in Catering Returning Home from Abroad An increasing number of Hungarians who have previously worked abroad are applying for restaurant jobs in Hungary, and planning to... 2022.10.19.
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.