Four Percent Economic Growth Sustainable, yet Deficit Climbs to Alarming Rate The government expects economic growth between two and three percent this year, with ambitions for a sustainable increase to around... 2024.03.26.
German Companies Remain the Most Important Partners to Hungarian Economy Worker at the Mercedes-Benz factory in Kecskemét (central Hungary) The government continues to regard German companies operating in Hungary as... 2023.12.06.
Swiss Stadler to Create Over 170 Jobs with Investment in Szolnok Swiss railway vehicle manufacturer Stadler will create more than 170 new jobs in Szolnok (central Hungary) with a HUF 17... 2023.09.13.
“Tight years ahead?”- by No Means Mihály Varga, Hungarian Finance Minister (L) and his Slovak counterpart, Michal Horváth (C) The prospects for the Hungarian economy are... 2023.07.17.
Record Exports Registered in First Quarter The Hungarian economy produced its highest-ever first four-month export performance, with a value over more than EUR 50 billion, a... 2023.07.04.
The Greatest Economic Challenges of the Fifth Orbán Government Now that Viktor Orbán’s Fidesz-KDNP alliance has been elected for the fourth time in a row, the question arises of... 2022.04.04.
Press Roundup: Fidesz Wins Two-Thirds Majority for the Fourth Time in a Row Both a pro-government and a liberal pundit predict that after Sunday’s landslide Fidesz victory, the opposition alliance will disintegrate. Hungarian... 2022.04.04.
Orbán: Left Should Finally Side with Hungarians, or Give Up Ambition to Gain Majority What is at stake in this Sunday's general election is no longer whether Hungary should go forward or backwards, but... 2022.03.31.
Fidesz and Opposition Voters Divided On Government’s Handling of Covid Crisis Hungarians are generally pleased with the organization of vaccinations and restrictions introduced by the Hungarian government during the coronavirus pandemic,... 2022.03.24.
Employers of Ukraine Refugees to Get Gov’t Support The government will provide support to employers giving jobs to Ukraine refugees and providing them with long-term shelter and transport... 2022.03.14.
Finance Minister: Forint “Victim of Brussels Sanctions” Hungary's currency has become a victim of Brussels's sanctions, which have caused substantial damage to the Hungarian economy, Finance Minister... 2022.03.07.
Hungarian Economy Expands 7.1% in 2021, KSH Confirms Hungary's GDP grew by an annual 7.1 percent in the fourth quarter, bringing full-year growth to 7.1 percent, too, the... 2022.03.03.
Central Bank Head Matolcsy: Hungary Has Failed to ‘Overtake in the Turn’ Although Hungary has been more successful in managing the crisis than many of its European Union peers, it has failed... 2022.02.22.
Orbán: If Fidesz wins the April 3 general election, the gov’t will expand family support schemes If Fidesz wins the April 3 general election, the government will expand family support schemes and, depending on economic performance,... 2022.01.28.
Inflation: Following High December Data, Analysts’ 2022 Predictions Range between 5-5.7 Percent Hungary's high inflation data for December has seemingly surprised analysts. They said that inflation grew on the back of the... 2022.01.15.
Opposition on Food Price Cap: “Orbán Is Cowardly, VAT on Basic Foodstuffs Should Be Reduced to 5%” "Viktor Orbán's announcement is an admission that the Hungarian economy is in a tragic state," said almost all members of... 2022.01.13.
Gov’t to Launch 2nd Round of Tenders for Companies Harmed by Brexit The government is launching a 12 billion forint (EUR 32.6m) second round of tenders for companies harmed by Brexit, Péter... 2022.01.05.
Press Roundup: Conflicting Takes on the State of the Hungarian Economy A left-wing commentator describes welfare measures introduced barely three months before the next parliamentary elections as a desperate attempt by... 2022.01.03.
Press Roundup: Dispute Over Hungary’s Economic Outlook A left-wing commentator fears that the government’s spending policies will further fuel already rampant inflation. A pro-government analyst quotes two... 2021.12.11.
PMO Head: Hungarian-Bavarian Relations Rise Above Day-to-Day Differences Hungary-Bavaria "historic" relations rise above any day-to-day differences of opinion, Gergely Gulyás, the prime minister's chief of staff said on... 2021.10.29.
Trade Minister: US Companies Second-biggest Group of Investors in Hungary The American Chamber of Commerce and the Hungarian Investment Promotion Agency (HIPA) hosted the 7th Business Meets Government Summit in... 2021.10.21.
