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economy

Trump Touts Accomplishments in Joint Address as Democrats Seethe

In his Joint Address to Congress, President Trump laid out what he had achieved so far in the short time into his second term, such as pushing illegal crossings down to record lows and eliminating wasteful spending by the government….

Former Minister of Finance Mihály Varga Begins Six-Year Term at Central Bank

Hungary’s former Minister of Finance Mihály Varga was officially sworn in as the new Governor of the Hungarian National Bank on Monday, pledging to serve the interests of the nation during his six-year term starting this week….

Bulgaria’s Schengen Membership and the Future of Hungarian–Bulgarian Cooperation

‘Hungarian Minister for National Economy Márton Nagy recently visited Bulgaria and met with President Rumen Radev, Deputy Prime Minister and Minister of Transport and Communications Grozdan Karadjov, Minister of Economy and Industry Peter Dilov, and Minister of Tourism Miroslav Borshosh….

Hungary’s Reformed Universities Break Records in International Rankings

Hungary’s reformed universities have far exceeded expectations in the past four years, significantly improving their international rankings and student enrolment. At the University of Veterinary Medicine Budapest’s graduation ceremony, officials praised these institutions’ growing influence and ongoing government support….

Hungary Strengthens Economic Ties with Japan as Alpine Expands in Biatorbágy

Hungary’s Opening to the East strategy has been one of the country’s most significant economic achievements over the past 15 years, according to Minister of Foreign Affairs and Trade Péter Szijjártó. Speaking in Budapest, he stressed that Hungary rejects an…

PM Orbán Pledges Bold Tax Reforms and Inflation Control

Prime Minister Viktor Orbán has outlined his government’s ambitious plan to restructure Hungary’s tax system with families at its core. In a radio interview, he reaffirmed his commitment to boosting birth rates through tax benefits while pledging decisive action against…

Hungary to Introduce World’s First Nationwide E-Receipt System

Hungary is set to become the first country in the world to implement a nationwide e-receipt system, a move expected to enhance fair competition, simplify administration for businesses, and strengthen consumer protection. The initiative is already attracting international interest….

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…

The Election Defining Europe’s Future — Germany Heads to the Polls

Germany is set to hold parliamentary elections on Sunday, 23 February, which, given the country’s role in Europe, could redefine the future of the entire continent. After an extremely intensive campaign, Germans have two choices: punish the mainstream for years…

Orbán: ‘The economic and political battles of spring will define Hungary’s future’

Hungarian Prime Minister Viktor Orbán stated in a radio interview on public Kossuth Radio that his government’s budget strategy depended on the outcome of the US presidential election. He criticized foreign influence in European politics and reaffirmed Hungary’s commitment to…

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