OTP Bank CEO: Gov’t Utility Price Cuts ‘Do No Good’ The Hungarian government’s utility price cuts are unsuitable, as people and businesses need to feel the burden of high energy... 2022.04.27.
Despite Record High Inflation in Hungary, Price Increase Still in Mid-range within EU Countries Although inflation in Hungary hit a 15-year-old record in March, 11 EU countries still saw a higher increase in prices,... 2022.04.22.
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.
Taxi Fares to Become a Lot More Expensive in Budapest from May Taxi fares in the Hungarian capital are about to drastically increase: from 9 May, the basic fare will rise from... 2022.04.14.
Price Freeze Ineffective? Drastic Increase in Prices for Non-affected Foodstuffs Although the government imposed a price freeze on several food items on February 1, prices for other products rose at... 2022.04.13.
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.
Hungary March Annual Inflation 8.5 % Consumer prices in Hungary grew by an annual 8.5 percent in March, the worst inflation figures in Hungary in 15... 2022.04.08.
Fifth Orbán Gov’t to Change Policy and Focus on Economic Crisis Management? Sunday’s parliamentary elections in Hungary have concluded, resulting in Viktor Orbán's fourth term in a row. The new political leadership... 2022.04.05.
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.
Orbán: ‘More at stake in this election than anytime in past 30 years’ Not in the past thirty years has an election had so much at stake, Prime Minister Viktor Orbán said in... 2022.04.01.
Hungary’s Budget Deficit Reaches Record High amid Russia-Ukraine War The Orbán government accumulated a HUF 1,585 bn (EUR 4.3 bn) deficit in the month of February, Hungary’s biggest February,... 2022.03.30.
Inflation Likely to Rise Dramatically from May After the 2022 parliamentary elections, the lifting of the price cap on food and fuel would lead to a surge... 2022.03.29.
Opposition: PM Orbán, Central Bank Governor ‘to Blame for Inflation, Poor State of Economy’ Opposition lawmakers have blamed the prime minister and the central bank governor for Hungary's high rate of inflation and "the... 2022.03.26.
Central Bank Points to ‘Strong’ Influence of War on Economic Activity in Inflation Report The National Bank of Hungary (NBH) acknowledged the country's "dynamic" economic growth early in the year, following a record expansion... 2022.03.26.
40-50% Price Hikes Soon to Come in Hungarian Restaurants? Price increases of 25-30% in Hungarian restaurants are very likely, but 40-50% hikes are also very much in the cards... 2022.03.25.
Fidesz Voters Most Worried About Immigration, Opposition Voters About Inflation The current healthcare situation is the most significant problem for the entirety of Hungarian voters, according to liberal news site... 2022.03.25.
Fidesz: Opposition Danger to Hungarian Livelihoods Hungary's opposition alliance is jeopardising the security of the Hungarian public by making "irresponsible remarks" in connection with the war... 2022.03.24.
Forint Strenghtens As Hungary’s Central Bank Significantly Raises Base Rate Hungarian rate-setters raised the central bank base rate by 100 bp to 4.40 percent at a monthly policy meeting on... 2022.03.23.
Hungarian Teachers’ Salaries Low in Regional Comparison Teachers' wages in Hungary are low even in when compared regionally, according to G7's analysis. This applies both to entry... 2022.03.11.
Train Drivers’ Strike Called Off Due to War in Ukraine The train drivers' strike would have been kicked-off on Thursday after state-owned railway company MÁV refused to raise their salaries... 2022.03.10.
PM Candidate Márki-Zay Presents Opposition Alliance’s Election Program Hungary has a chance to "find its way back" to civic values and Europe at the April 3rd election; the... 2022.03.10.
