Prices of Drugstore Products Fall by Nearly a Quarter after Profit Margin Freeze We have taken another step against unjustified price increases, reducing the price of the affected drugstore products by nearly a... 2025.05.21.
Government Aims to Boost Industrial Recovery with 150 New Factories Based on data from the Hungarian Central Statistical Office (KSH), industrial production in March 2025, remained at the same level... 2025.05.08.
Berlin-based Credit Rating Agency Confirms Stable Outlook for Hungary Berlin-based Scope Ratings affirmed Hungary's "BBB" rating and the rating agency also confirmed its previous stable outlook. Hungary is thus... 2025.05.05.
Telecoms Providers Waive Price Increase until Next Year The big telecoms operators will not raise their prices until July 1 next year, while those that have already raised... 2025.04.10.
Margin Freeze on Food Products Contributes to Lowering Inflation According to the latest data recorded in the price monitoring system, the price of a significant proportion of nearly 900... 2025.04.08.
Hungarian Jobs Come First, Guest Workers to Face Strict Rules The government clearly stipulates in Law XC of 2023 on the general rules for the entry and residence of third-country... 2025.03.28.
Budapest and Lake Balaton the Most Popular Tourist Destinations In February 2025, Hungarian tourism continues to grow: over one million guests were registered at domestic accommodation establishments, an increase... 2025.03.28.
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.
ATMs to Be Installed in Settlements with More than 2,000 Inhabitants The government is working to ensure that every Hungarian settlement has at least one ATM. The Minister for National Economy,... 2025.03.26.
Employment Rate above EU Average The Hungarian labor market has continued to strengthen, showing excellent results also at European level, the Ministry for National Economy... 2025.03.20.
European Space Agency Launches Tender for Hungarian Companies The European Space Agency (ESA), in cooperation with Hungary's Ministry for National Economy, has announced a EUR 2 million tender... 2025.03.14.
Viktor Orbán Insists On an End to Unjustified Price Increases "Enough is enough, we are putting an end to unjustified price increases," announced the Prime Minister on his social media... 2025.03.11.
Economy Ministry Gives Retailers Ultimatum to Stabilize Food Prices The Ministry for National Economy is holding intensive discussions with market players to reduce food prices, because "what is happening... 2025.03.06.
EU Commission Approves Government’s Budget Plan In its assessment published on Thursday, the European Commission acknowledged that the Hungarian budget would remain stable in the coming... 2025.01.17.
Annual Foreign Labor Quota to Be Lowered in 2025 The Hungarian workforce comes first; therefore, the Minister for National Economy is reducing the maximum quota for guest workers to... 2024.12.27.
Wage Growth Signals 2025 a Financially Brighter Year Hungary’s economy is currently navigating between inflation control, labor market challenges, and efforts to boost wage growth. After enduring a... 2024.11.15.
Giant Liberty Steel Faces Pressure from Government Over Unpaid Wages Factory gate of Dunaferr (Dunaújváros, central Hungary). The government is calling on steel company Liberty Steel in the strongest terms... 2024.11.08.
Government Aims to Ensure Safe Products on Online Marketplaces At the first ministerial-level meeting of the OECD (Organization for Economic Co-operation and Development) Committee on Consumer Policy, a declaration... 2024.10.11.
Future of the Dunaújváros Steel Factory “Uncertain” The government had done its best to save the steel producer Dunaferr (also called Dunai Vasmű) in Dunaújváros (central Hungary),... 2024.10.02.
Government to Tighten Guest Worker Regulations The Government is considering tightening regulations on the employment of migrant workers to protect domestic workers and their families, according... 2024.09.20.
Fuel Prices Compare Favorably with the Region According to the latest data of the Hungarian Central Statistical Office (KSH), the average price of petrol in Hungary was... 2024.09.09.