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.
Airlines Face Extraordinary Government Investigation The Ministry for National Economy (NGM) has initiated an extraordinary consumer protection investigation into airlines to address ongoing issues affecting... 2024.08.30.
Tourism Sector Hits Record Highs with July Surge In July tourism saw unprecedented success, with nearly 2.4 million visitors utilizing accommodation services, marking a 4.1% increase from last... 2024.08.29.
Effective Minimum Wage in Hungary among the EU Average The Hungarian effective minimum wage is in the midfield in the European Union, the Ministry for National Economy announced. According... 2024.08.07.
Ministry for National Economy Gains Control of Air Navigation From August 1, 2024, HungaroControl, the Hungarian air navigation service provider, will be under the indirect control of the Ministry... 2024.08.02.
Strengthening Sovereignty and the Economy with Focusing on Defense Industry Starting on August 1, 2024, the Ministry for National Economy (NGM) will assume ownership of N7 Holding Zrt., marking a... 2024.08.01.
Government Reveals the Purchase Price of Budapest Airport Let us get the numbers straight on the purchase of the airport, the Ministry for National Economy said in a... 2024.06.14.
Government Disagrees with EU Tariff Plan on Chinese Electric Cars On Wednesday, the European Commission unveiled draft measures on all-electric cars imported from China. It would impose significant punitive tariffs... 2024.06.13.
Chief Economist: May Inflation of 4% is Below Expectations In May, the inflation rate of 4% was below expectations, as highlighted by Gergely Suppan, the chief economist of the... 2024.06.12.
Done Deal: The State Becomes Majority Owner of Budapest Airport After almost 20 years, the Liszt Ferenc International Airport is back in majority state ownership. Following more than a year... 2024.06.07.
Ministry for National Economy Sparks Initiative for Families to Purchase EVs The Minister for National Economy Márton Nagy has unveiled a comprehensive program to incentivize the purchase of EVs (electric vehicles),... 2024.05.22.
Strengthening of the Forint Brings Further Drop in Fuel Prices From Friday, fuel prices will change again; therefore, both petrol and diesel cars will be able to fill up cheaper... 2024.05.16.
NIO Seeks Solution with Hungarian University to Battery Management Problems A meeting was held between Széchenyi István University in Győr (northwestern Hungary), NIO's European subsidiary, a pioneer company in the... 2024.05.09.
Exceptional Domestic Economic Growth in International Comparison Based on data from the Hungarian Central Statistical Office (KSH), the economy rebounded in the first quarter of 2024, with... 2024.05.02.
Government to Give a HUF 15 Billion Boost to the Tourism Sector A support program has been launched to boost tourism sector competitiveness, announced the Minister for National Economy, Márton Nagy. The... 2024.04.24.
Minister for National Economy Travels to Germany for Talks on the Future of Automotive Industry Márton Nagy and a delegation of the Ministry for National Economy are traveling to Germany, the Ministry informed the media... 2024.04.15.
