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economic growth

Digitalization as a Grand Strategy for Countries with Declining Populations

‘One of the main consequences of falling birth rates is labour shortages, which hamper economic growth and the sustainability of pension systems. In a paradoxical twist, regional inequality is deepened by the depopulation of rural areas, while in urban areas,…
Worker hands in protective gloves grinding with electric wheel on metal.

Hungary’s Employment Rate Rises as EU Trends Lag Behind

Hungary’s labour market continues to show remarkable strength, surpassing the European Union average in employment rates. In the final quarter of 2024 Hungary ranked sixth in employment among both men and women, reflecting consistent growth since the country’s employment turnaround…

Hungary and the Art of Being Useful to Washington

As the Trump administration reshapes transatlantic relations, Hungary has a unique opportunity to position itself as a key player in the new order….

‘If you want a ceasefire, you put pressure on all parties’ — An Interview with Lord David Frost

Can Donald Trump get what he wants, an operable ceasefire? Is it a manageable conflict between the US and Ukraine? What did Europe misunderstand in the present security situation? And what will be Britain’s role in the new world order?…

‘A true political, cultural, and social renaissance for Europe’ — An Interview with Claudiu Stanasel

‘Italy is now leading the way, proving that an alternative is not only possible but essential. If other European nations follow this example, we will see the birth of a new Europe, one that prioritizes its people, its traditions, and…

Minister for National Economy: 2025 Is Hungary’s Economic Breakthrough Year

Hungary is on the brink of an economic breakthrough, with at least eight key indicators pointing to a positive shift, according to Minister for National Economy Márton Nagy. Speaking at the Companies for the Future Award gala in Budapest, he…

Government Unveils Motorway and Railway Expansion to Bolster Connectivity

The Hungarian government has unveiled ambitious plans to construct a 40-kilometre motorway connecting Szombathely to Körmend and Kőszeg by the end of the decade. The 200-billion-forint project aims to bolster regional connectivity and economic growth in the area….
Fireworks light up above Prambanan Temple, a 9th-century Hindu temple complex and UNESCO World Heritage Site in Yogyakarta on 1 January 2025.

BRICS Enlarged: Indonesia Becomes Full Member

As Brazil takes the helm of BRICS in 2025, Indonesia has officially joined the group as a full member, marking a significant milestone in strengthening collaboration among emerging economies and advancing the priorities of the Global South….

Tourism Triumphs in Hungary with Record Visitors and Michelin Recognition

Hungarian tourism is thriving, with a record-breaking year in visitor numbers and accolades for the country’s gastronomy. Liszt Ferenc Airport is Europe’s fastest-growing hub, and the government continues to invest in the sector’s future, signalling sustained growth….
Worker (illustration, Pixabay)

Hungary’s Employment Rate Remains High as Government Implements Historic Wage Agreement

Hungary’s employment remains at a stable 4.7 million in October 2024, reflecting a year of consistent growth. According to State Secretary Sándor Czomba, the government’s proactive policies, including a historic wage agreement, continue to bolster the labour market….

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