The Hungarian economy could grow by 2 per cent this year, a downward revision from the 4 per cent forecast at the end of last year. This adjustment is attributed to the population’s caution in spending, which is only gradually…
As of 1 August 2024 HungaroControl Ltd came under the indirect supervision of the Ministry for National Economy. According to the statement by the ministry, HungaroControl’s priorities include significantly improving the quality of Hungarian air transport, closely cooperating with the…
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…
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 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…
‘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….
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…
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….
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…
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