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.
Number of Insolvencies Set to Climb by 20% in 2021 The number of corporate insolvencies in Hungary is expected to climb by 20 percent this year, edging over 5,150, according... 2021.10.21.
IMF Expects Hungarian Economy to Grow at Third Fastest Rate in the EU This Year The Hungarian economy is expected to grow at the third fastest rate in the European Union this year, the International... 2021.10.21.
Press Roundup: Soaring Energy Prices As energy prices skyrocket, a left-wing commentator calls on the government to lower taxes on gasoline. A conservative economist thinks... 2021.10.16.
CEE Region Economies Recovering Faster than Mediterranean, PM’s economic advisor says Hungary's economy has already recovered from effects of the pandemic, similarly to the economies of Poland, Romania, Lithuania, and Latvia,... 2021.09.08.
Gov’t Gives Go-Head to 4 Proposals on Restarting Economy The government has approved proposals made by the body responsible for working out ways to revive Hungary's economy, with a... 2021.09.07.
Szijjártó: Investments Main Driver of Hungary’s Growth Hungary's government is hard at work to help generate the investments needed to achieve its target of an economic growth... 2021.08.28.
Press Roundup: GDP Growth Exceeds Expectations A pro-government commentator believes that Hungary’s 17.9 per cent growth rate vindicates the government’s economic policy. The leading online business... 2021.08.19.
Unprecedented GDP Growth in Q2 Boosts Expectations for Entire Year Hungary's second-quarter GDP figure substantially exceeded analysts' earlier expectations, with many notably improving their forecasts for this year since then.... 2021.08.18.
Never Before Seen Growth in Hungarian Economy: GDP Up Almost 18% in Q2 Hungary's second-quarter GDP grew by an annual 17.9 percent after a double-digit decline in the base period, a first reading... 2021.08.17.
Central Bank Head: Hungary Needs Competitiveness Turnaround Hungary is a laggard in competitiveness, and the country will continue to bear the high costs unless it improves on... 2021.08.17.
Every Fifth Hungarian Locality Faces Depopulation The population of every fifth locality in Hungary faces a slow decline into complete depopulation. Forbes reports that according to... 2021.08.12.
Central Bank Head Warns of Looming Global Economic Crisis, Urges Structural Changes in Gov’t A new global economic crisis is increasingly likely and the government should start formulating a vision for catching up with... 2021.08.10.
Press Roundup: Matolcsy Cautions Against Rushed Introduction of Euro A left-wing commentator disagrees with the National Bank governor, who does not consider as timely the adoption of the common... 2021.08.06.
Gov’t Accepts 6 New Proposals for Relaunching Hungary’s Economy The government has accepted six new proposals of the operative board responsible for relaunching Hungary's economy, four of which aim... 2021.07.29.
Central Bank Head: Govt’s Economic Recovery Strategy Over-reliant on ‘Steel and Concrete’ Hungary's sustainable convergence with more developed economies could be inhibited if the government continues to rely on the construction sector... 2021.07.27.
Gov’t to Launch Foreign Market Growth Support Scheme Hungary's government is launching a 10 billion forint (EUR 27.8m) programme aimed at supporting Hungarian companies looking to increase their... 2021.07.19.
National Bank Governor: Hungarian Economy Saved by Private Sector Hungary's management of the coronavirus crisis last year yielded mixed results, National Bank of Hungary (NBH) governor György Matolcsy wrote... 2021.07.06.
Global Corporate Tax Proposal Unfair to Eastern Europe The Biden administration recently made an announcement that they wish to implement a global 21% corporate tax. The reasoning behind... 2021.05.24.
Budapest Living Standard Better than Berlin or Vienna, According to Eurostat Data Eurostat, the statistical database of the European Union, publishes detailed economic data each year to compare living standards in each... 2021.03.08.
Orbán: Everyone over 60 and Registered for Vaccination to Be Inoculated by March 15 There has been a turning point in the pandemic situation in Hungary, Prime Minister Viktor Orbán said in an interview... 2021.02.05.
