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economy

Hungarian Real Estate Market Prices Rise to Record Levels

Real estate prices in Hungary have shown outstanding growth among the European markets this year so far, the Azerbaijani news site AzerNews reports. Similarly, according to leading Hungarian real estate listing website Ingatlan.com, the average time it takes to sell…
European Commission President Ursula von der Leyen celebrates after she was re-elected for a second term at The European Parliament in Strasbourg, eastern France on 18 July 2024.

Political Priorities for the New European Commission

Ursula von der Leyen’s Europe’s Choice programme will be the working document on the basis of which the Commissioners designate will receive their portfolios and, when they take office, the mandate in which the Commission President will set out their…

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…
Two families by Mihály Munkácsy (1877). Private Collection

Results of Hungary’s Family Policy over the Past Thirteen Years

The fact that our measures have a good reputation internationally, and the Hungarian model serves as a model for several countries, is a reason for confidence. Many people are interested in Hungarian solutions, both inside and outside Europe, and even…
Prime Minister Viktor Orbán (C) delivers his annual speech at the 33rd Bálványos Summer Free University and Student Camp in Tusnádfürdő (Băile Tușnad), Transylvania, on 27 July 2024

Viktor Orbán at Tusványos: ‘Donald Trump is the last chance for America to maintain its global supremacy’

Hungarian Prime Minister Viktor Orbán delivered his annual speech at Tusványos, where he discussed the war in Ukraine, the peace mission, the changing world order, and the upcoming US presidential elections. He stated that Donald Trump is the only chance…

IMF Country Report on Hungary Suggests 2008-Like Measures for the Economy — Balázs Orbán: Never Again!

In its country report on Hungary, the IMF proposes the same measures to ‘recover’ the Hungarian economy that brought the country to the brink of collapse in 2008. In his Facebook post, Balázs Orbán stressed: ‘We won’t ask for it…

After Post-Brexit Tory Failure, Nigel Farage Emerges as True Conservative Leader

‘In short, the post-Brexit era and the Conservative majority government have not changed anything in the UK. The British continue to have problems with illegal and massive immigration, problems in the economy, and they still have not regained their much…
Prefabricated houses in Kecskemét, Hungary in 1973

The Era of Socialist Realism and Industrialized Prefabrication in Hungarian Architecture

To address the housing shortage, nearly 1 million dwellings were built under the housing programme between 1961 and 1975, 300,000 of them in Budapest; and a large part of the country’s population still lives in the apartments built during that…

Budapest Stock Exchange Reopened 34 Years Ago Today

Trading first started on the Budapest Stock Exchange on 18 January 1864, but the exchange was dismantled by the communist regime in 1948. After the regime change of 1989, securities trading restarted at last on 21 June 1990, exactly 34…

‘Making the European Union competitive again will be Hungary’s top priority’ during EU Presidency, State Secretary Says

Barna Pál Zsigmond went on Hungarian public media to talk about Hungary’s upcoming presidency of the Council of the European Union. He named restoring Europe’s economic competitiveness and advancing the Western Balkan nations towards EU accession as the administration’s two…

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