European Union Is Interfering in Economic Competition, Claims Finance Minister EU Commissioner Vera Jourová has been at the center of the political attacks against the Hungarian government recently and is... 2023.02.27.
High Inflation in January Hungarian inflation was 26.2 percent in January, two and a half times higher than the EU average, 24.hu news portal... 2023.02.24.
New Bridge to Be Built on the Danube According to Prime Minister Viktor Orbán's state of the nation speech last week, it has been confirmed that the new... 2023.02.24.
Despite Inflation, Real Wages Increased in 2022 According to data from the Central Statistics Office, the average gross salary in Hungary was HUF 515,800 (EUR 1,355) in... 2023.02.24.
Firm “No” to Nuclear Energy Sanctions from Budapest Minister of Foreign Affairs Péter Szijjártó spoke out against the sanctions on Russian nuclear energy when he received the director... 2023.02.23.
Small Relief for Motorists as Fuel Prices Drop From Wednesday, Hungarian motorists will once again pay less for fuel. The wholesale price of petrol and diesel will both fall,... 2023.02.22.
Air Force Eyes Latest Italian Attack Helicopter Bilateral defense industry talks have taken place between Italy and Hungary in Florence last week, Világgazdaság reported. The Italian delegation... 2023.02.21.
Economic Development Minister Holds Talks with Suzuki Management Minister of Economic Development Márton Nagy recently received Atsumi Masato, CEO of Magyar Suzuki Zrt., at his office. According to the... 2023.02.21.
Chinese Investment Breaking Previous Records Foreign Minister Péter Szijjártó at the signing ceremony of Chinese battery factory CATL's investment in Debrecen, northeastern Hungary Negotiations are... 2023.02.21.
Government Manages to Decrease Public Debt in Times of Financial Stress According to the latest data from the Central Bank of Hungary (Magyar Nemzeti Bank, MNB), the ratio of public debt... 2023.02.21.
Great Opportunities Ahead for Cooperation with Azerbaijan Azeri Minister for Employment Sahil Babayev and Péter Szijjártó in Budapest The foreign minister spoke about the opportunities for cooperation... 2023.02.20.
Bosch Announces 70 Billion Forint Investment The Robert Bosch Power Tool Kft. announced an investment of almost 70 billion forints (183 million euros) in Hungary to... 2023.02.20.
Hungarian Electricity and Gas Tariffs Still the Lowest in EU Although the gap between Hungarian and European residential electricity and gas prices continued to narrow in January, Hungarian electricity and... 2023.02.17.
Brussels not Helping in Fight against Inflation, Foreign Minister Contends Instead of a reasonable approach, the EU is still pushing sanctions, according to the Foreign Minister. Péter Szijjártó stated that... 2023.02.17.
Another Milestone in the Development of the Defense Industry Minister of Defense Kristóf Szalay-Bobrovniczky called the establishment of the French-Hungarian joint venture Satys PSP Hungary Zrt. in Gyula on... 2023.02.17.
Energy Prices to Remain Protected For households, the reduced prices for gas, electricity, and district heating will not increase throughout the year up to the... 2023.02.17.
Hungarian-American Tax Treaty Coming to an End The provisions of the US-Hungarian tax treaty on the avoidance of double taxation can still be applied to tax assessments... 2023.02.16.
Strict Inspection Needed of Ukrainian Grain Food chain safety checks on agricultural products from Ukraine are ongoing, with 156 food businesses having been inspected so far,... 2023.02.16.
Green Organizations Support Battery Factory in Debrecen For weeks now, the Hungarian press has been abuzz about the Chinese battery factory in Debrecen, with locals, politicians, and... 2023.02.15.
Exclusive: Reaction from Siemens Regarding Delayed Nuclear Plant Export License As we reported earlier, the German government continues to block Siemens Energy's delivery of the control system for the new... 2023.02.15.
Hungary Partners with France to Put Pressure as Germany Continues to Block Nuclear Technology The Berlin government is still blocking Siemens Energy from delivering the control system for the new Paks reactor units under... 2023.02.15.