Hundred-room Hotel to be Built in Rapidly Developing Rural Town A major hotel development is to be launched in Zalaegerszeg, the county seat of western Zala County, resulting in the... 2023.01.04.
Hungarian Public Debt Down More than Expected Public debt has fallen more than expected, and last year's deficit target has been met, Finance Minister Mihály Varga announced... 2023.01.04.
Married Couples Spend Baby-expecting Loan Mainly on Buying Homes One of the leading banks in Hungary, K&H, has disbursed more than 225 billion forints (EUR 558 million) worth of... 2023.01.03.
The Hungarian Lynxes Are Flexing Their Muscles A video showing the newly acquired Lynx KF-41 infantry fighting vehicles (IFV) being put through their paces has been published... 2023.01.03.
Hungary One of Europe’s Fastest Growing Economies, Says Economy Minister The government will do everything to protect the Hungarian economy and businesses, Economic Development Minister Márton Nagy said in a... 2023.01.03.
New Year Starts with New Prices for Motorway Passes From 1 January 2023, the annual national motorway pass for passenger cars costs 49,190 forints (EUR 122), up by around... 2023.01.02.
Hungarian and Polish Oil Companies to Battle It Out in 2023 The Polish, Hungarian, and Slovakian retail fuel markets are expected to see fiercer competition in 2023, with Hungarian MOL and... 2023.01.02.
Hungary Open to Negotiations with the European Commission Minister Tibor Navracsics called the negotiations between Hungary and the European Commission on EU funds, constructive. There were still points... 2022.12.30.
Hungarian Workers’ Wages Are Unequally Rising The economic situation is not easy around the world, but especially in Europe, and Hungary is feeling the effects. An... 2022.12.29.
Agreement on EU Funds Was in European Interest, Says Prime Minister’s Aide Balázs Orbán, the Prime Minister's political director, spoke to Index.hu about the negotiations between the Hungarian government and the European... 2022.12.29.
Hungary’s Military Spending to Reach 2 Percent of GDP Next Year Next year's budget will provide the resources to continue the modernization of the Hungarian Defense Forces, and Hungary's military expenditure... 2022.12.29.
Hungary Attracts Record Investments This Year The record for investment in Hungary was broken again this year, with investments worth 6.5 billion euros (2,600 billion forints),... 2022.12.29.
Schneider Electric Smart Factory to Start Production in 2024 The French multinational company Schneider Electric is expected to start production in 2024 at its smart factory in Dunavecse (central-southern... 2022.12.28.
Russia’s Oil Export Ban Does Not Directly Affect Hungary’s Oil Supply Vladimir Putin reacted to the EU oil cap: the Russian president announced an oil export ban. Olivér Hortay, head of... 2022.12.28.
Defense Reform in Hungary Progressing Well A new approach and domestic innovations are needed in defense development, while the reform of the sector is progressing well,... 2022.12.28.
Public Debt Could Decrease Next Year The draft amendment to next year's budget has been approved by the Fiscal Council, but they also warn of risks,... 2022.12.28.
Leading Hungarian Pharmaceutical Company to Pay Billions in Windfall Tax According to the government decree on extra profit taxes, Richter Gedeon Nyrt. is expected to pay a windfall tax on... 2022.12.28.
Bloomberg and Reuters Corrected by EU Official on Misleading Report about Hungary The European Commission has recently made a new statement on the threatened freezing of EU funds for Hungary. Reuters and... 2022.12.27.
Prospects for Hungary’s Economy Stable Hungary's economy is expected to maintain its position in the top third of the World Economic League Table over the next... 2022.12.27.
Central Bank Foresees Significant Inflation Decline Inflation will fall sharply from the second half of next year, and a "rapid rebound" of slowing economic growth is... 2022.12.23.
Hungary Signs Agreement on EU Funds By the end of the year, Hungary has signed all agreements with the European Commission that allow access to EU... 2022.12.23.
