Wages Continue to Rise in Hungary In April this year, the average gross income of full-time employees was 708,300 forints (approx. 1,755 euros), 9.8 percent higher... 2025.06.18.
European Commission Forecasts Accelerating Economic Growth in Hungary While the European Commission expects the Hungarian economy to grow slightly faster this year than 2024, the institution's spring forecast... 2025.05.20.
Russia Grants Hungary Cosmetics Tariff Exemption The Russian Ministry of Industry and Trade has removed three countries from the list subject to increased customs duties on... 2025.04.24.
Margin Freeze Helps Families Save Substantial Funds The price-reducing measures introduced by the Hungarian government are proving effective, said an analyst interviewed by Világgazdaság. He stated that... 2025.04.22.
SAAB to Set Up an Aviation Development Hub in Budapest The SAAB Group, manufacturer of Gripen fighter jets, is establishing an aviation development center in Hungary, offering significant opportunities for... 2025.04.16.
Automotive Industry’s Interest in Hungary Increases Hungary provides a stable environment for the automotive sector even amid the current global uncertainties, Minister of Foreign Affairs and... 2025.04.09.
Economy Ministry: Public Debt Will Shrink, Contrary to European Commission Report Contrary to the European Commission's report published on Wednesday, there is no short- or long-term risk to Hungary's public debt.... 2025.03.27.
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.
