Economy to Return to Growth This Year, Says Finance Minister Although the outlook for Europe is not favorable at the moment due to the prolonged war and sanctions, the Hungarian... 2023.07.21.
Further Chinese Automotive Investments on the Way Hungarian Foreign Minister Péter Szijjártó (L) and Chinese Commerce Minister Wang Wentao (R) Another three billion euros of Chinese automotive... 2023.05.16.
Economy Minister Shares His Thoughts on Future Adoption of the Euro Minister of Economic Development Márton Nagy gave an interview to Index, in which he spoke about inflation, the economic challenges... 2023.03.01.
Government Manages to Decrease Public Debt in Times of Financial Stress According to the latest data from the Central Bank of Hungary (Magyar Nemzeti Bank, MNB), the ratio of public debt... 2023.02.21.
Single-digit Inflation Towards the End of 2023 Global inflation has started to decline, inflation is past its peak and consumer price growth in Hungary could return to... 2022.12.21.
Hungary’s National Debt/GDP Ratio Shows Signs of Slight Improvement The consolidated gross debt of the general government at nominal value stood at HUF 47 884 billion (EUR 116 bn)... 2022.11.25.
Hungarian Economy Strengthens amid War and Sanctions The Hungarian economy is resisting the adverse effects of war and sanctions, as it grew by 4.1 percent in the... 2022.11.16.
Finance Minister Hails GDP Growth International media outlets and experts call Hungary’s GDP growth "better than expected." According to Finance Minister Mihály Varga, the country’s... 2022.08.18.
Hungary Prepared for New Solutions in Car Industry, Says Technology Minister Hungary is prepared to cater to the diverse solutions of the car industry of the future, when combustion engines will... 2022.07.29.
Intrum: After Upward Trend, Solvency of Hungarian Population Has Declined The value of the Intrum solvency index declined significantly in the second quarter of this year, with the indicator of... 2022.07.26.
Hungary’s GDP in 2021 Surpasses Pre-Pandemic Level In 2021, Hungary's gross domestic product (GDP) already exceeded that of the year before the coronavirus outbreak, the Central Statistical... 2022.07.21.
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.
Technology Minister Palkovics Opens Intl Automobile and Tuning Show Technology and Industry Minister László Palkovics opened the international Automobile and Tuning Show at Budapest's Hungexpo grounds on Friday. In... 2022.05.28.
Incoming Min Nagy: Hungary Could Reach EU’s Average Development Level by 2030 Under the present circumstances, Hungary is in need of not just a self-sufficient economic policy but also a self-sufficient economy... 2022.05.18.
Hungary Records Exceptional Q1 GDP Growth but Storm Clouds Already Gathering Hungary's GDP grew by an annual 8.2% in the first quarter of the year, more than most would have expected,... 2022.05.17.
Hungary to Share in EBRD Support for Mitigating Impact of War Hungary will share in some 2 billion euros of resources the European Bank for Reconstruction and Development (EBRD) is making... 2022.05.11.
FinMin: Economy Still on Growth Path, With Deficit, Debt Shrinking The next four years are likely to see high growth coupled with a gradual tapering in public debt and budget... 2022.04.30.
Huge Wage Gaps: Only Budapest and Győr-Moson-Sopron Employees Earn above Country’s Net Average Wage Only Budapest and Győr-Moson-Sopron county residents earn above the national average net monthly wage. This means that 18 other counties... 2022.04.25.
IMF Expects Best GDP Growth in Region for Hungary and Poland As recently as January, the International Monetary Fund (IMF) had assumed that the global economy would recover from the second... 2022.04.21.
Kopint-Tárki Lowers 2022 GDP Forecast to 4% Economic research institute Kopint-Tárki has lowered its forecast for this year's economic growth to 4 percent from 5 percent. In... 2022.04.08.
GDP Growth in 2021: Hungary Surpasses Portugal In 2021, Hungary's GDP per capita based on purchasing power parity grew by two percent relative to the EU average,... 2022.03.31.