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Finance Minister Mihály Varga and Zoltán Kurali, CEO of the Government Debt Management Agency arrive for a press briefing in the Ministry of Finance on 1 December 2023.

Hungarian Government Maintains Budget Stability Amidst Global Challenges

Despite extraordinary expenditures, the government has consistently reduced the budget deficit and the national debt year after year, the Ministry of Finance emphasized in its interim report released on the situation of the central subsystem of public finances, excluding local…

Hungarian Economy Expands in the Third Quarter

Hungary’s economy expanded by 0.9 per cent in the third quarter of this year compared with the previous quarter, adjusted data show, and contracted by 0.4 per cent year on year, based on unadjusted data, the Central Statistical Office (KSH)…

World Athletics Championships: Leaving a Positive Environmental and Social Legacy

On Saturday, President of the International Association of Athletics Federations Sebastian Coe planted the first sapling for a legacy forest of 2023 trees in Budapest’s Újpest district in the company of Gábor Schmidt, the Deputy State Secretary responsible for sports…

Hungary’s Wage Increase Signals Economic Resilience

The gross average monthly earnings for full-time employees amounted to 555,900 forints, surpassing the previous year’s figures by 15.2 per cent….
Young couple with newborn baby/Pixabay

KINCS Hosts Conference on the Importance of Mental Health

The Kopp Mária Institute for Demography and Families (KINCS) held a conference to mark World Mental Health Day on 10 October, unveiling a survey that found that the happiest individuals in Hungary are those living in a marriage or raising…

KSH: Inflation Dropped Significantly in September

Inflation fell for the eighth month in a row after peaking at 25.7 per cent in January. Food prices rose by 15.2 per cent in September, after a 19.5 per cent increase in the previous month….

World Athletics Championships 2023: 98 Per Cent of Spectators Satisfied

The Budapest World Championships set a new standard for everyone, and the numbers released by Nielsen support this statement. Based on data measured on-site by the company, it was revealed that spectators were ‘extremely satisfied to an extraordinary, unprecedented extent’…
President Katalin Novák with children in Budapest’s City Park at a fringe event of the 5th Budapest Demographic Summit on 16 September 2023.

2022 Census Reveals Some Positive Demographic Shifts, But an Aging Population

The data demonstrates an increase in both marriages and the proportion of those with children among people under 30, while at the same time shows an overall aging trend in Hungarian society….

Wages in Hungary Increased Significantly Compared to Last Year, Real Wages Decreased Due to Inflation

The gross average earnings were 16.0 per cent higher, and the net average earnings were 15.9 per cent higher compared to the same period last year, as reported by the Central Statistical Office (KSH) on Thursday….
Uzhhorod,,Ukraine,-,February,26,,2022:,Ukrainian,Border,Guard,Helps

Understanding the Changing Needs of Ukrainian Refugees Returning Home

The International Organisation for Migration (IOM) Hungary has been conducting regular surveys to gain valuable insights into the evolving needs of Ukrainian refugees returning to their homeland. The organisation’s quarterly Crossing to Ukraine reports shed light on crucial aspects of…

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