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economic growth

Hungarian Economic Growth Remains Among Best in EU

The Hungarian economy grew by 1.3 per cent in the second quarter of 2024, remaining above the EU average. The countries of the eurozone are expected to continue weakening, especially the German economy, which is not a good sign for…

Mandatory Discount System Phased out After Successful Inflation Control

The mandatory discount system together with the online price monitoring effectively contributed to the government’s goal of first reducing inflation to a single digit and then bringing it back to a low level of around 4 per cent….

Fitch Ratings Report Highlights Eximbank’s Strategic Role in Export Financing

Fitch Ratings confirmed Eximbank’s investment-grade rating. The bank’s senior unsecured bonds also received a ‘BBB’ rating. The bank’s international rating matches Hungary’s sovereign rating due to EXIM’s statutory full faith and credit guarantee provided by the Hungarian state, as noted…

Hungary to Join Global Top Five in Automotive Production with One Million Cars Annually

‘Within a few years, Hungary will be among the five countries in the world capable of manufacturing over one million cars annually,’ Péter Szijjártó stated, announcing a new investment in Zalaegerszeg by US Flex….

EBRD Forecasts Economic Growth in European Emerging Markets Despite Global Challenges

According to EBRD’s forecast, Hungary’s Gross Domestic Product (GDP) is projected to expand by 2.2 per cent this year and by 3.5 per cent next year….

PM Orbán on Hungarian EU Membersip: ‘My, this is not the horse I wanted, this was not the deal’

During the interview, the Prime Minister remarked that Europe is playing with fire, teetering on the brink between peace and war. He criticized European leaders for two years of indecision regarding strategy and sanctions, drifting not from war towards peace…
Kecskemét main square with the Town Hall in the background

Sustainable Urban Development Initiative Launched, Ministry Announces

As Hungary embarks on this journey towards sustainable urban development, stakeholders across sectors are poised to work together to build resilient, inclusive communities and drive equitable growth across regions….
Illustration by Hungarian Conservative

Revealing the Facts: A Brief History of the Hungarian GDP

GDP per capita growth has been above the EU-27 average in every year since 2010, so the Hungarian economy has grown faster than the EU average. Our decline in 2020 was also below average, and even below the large decline…

Hungary Receives Additional 170 Billion HUF in EU Allocations, Looks to Strengthen Economic Growth in 2024

According to the minister’s briefing, this brings the total amount of EU funds allocated to Hungary in the past days to a substantial 470 billion forints. Last Thursday witnessed a transfer of €779.5 million (equivalent to 300 billion forints) from…

Regions Working with the Central Government, Meeting the Needs of Local Communities: ECR’s Recipe for Prosperity

According to the European Conservative Reformist Party, similarly to what the Hungarian government advocates, what Europe needs is not a federalist dogma, but sovereign nation states taking into consideration the peculiar needs and characters of regions and communities, for the…

Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.

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