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Donald Trump Beats Joe Biden in the Stock Market

The Dow Jones Industrial Average returned 12.26 per cent annually on average under President Trump’s four years in office, as opposed to the 9 per cent average annual growth under President Biden, as per the closing of the last quarter….

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…

Thirteen Hungarian Companies Among the Thousand Fastest-Growing in Europe

The financial software developer Taxually, the manufacturing company Continest, and the logistics and transportation company United Shipping Hungaria have even made the top 100 on the Financial Times’ list. Minister of National Economy Márton Nagy hosted the top executives of…

Government Expects Sustainable Growth and Competitiveness in 2024

Minister for National Economy Márton Nagy presented the new competitiveness strategy for 2024⁠–⁠2030 adopted by the government at a press conference held in Budapest on Monday. According to him, economic growth between 2 to ⁠3 per cent is expected this…

Leading European Agency Scope Ratings Endorses Hungary for Investment

The agency expects substantial foreign investments in battery production to further attract funding, leading to increased job creation, technological advancements, and enhanced exports. Scope Ratings emphasized that Hungary’s BBB credit ratings are reinforced by the robust structure of external and…
The village of Harka viewed from the Károly lookout tower in Sopron, Hungary.

Government Commissioner Underlines Hungarian Commitment to Rural Development and Sustainable Growth

In his remarks at an economic conference held in Sopron on Saturday, Government Commissioner for the Development of Modern Settlements Alpár Gyopáros emphasized the pivotal role of villages in shaping the future of Hungary, citing their ability to provide a…

Finance Minister Stresses Importance of Maintaining Disciplined Fiscal Policies

The minister stressed the importance of maintaining disciplined fiscal policies this year, aiming for an annual average inflation rate of around 5 per cent. He firmly asserted that until the inflation rate returns to a more moderate range, fiscal spending…

2023 Tourism Figures Surpass Pre-Pandemic Records in Hungary

Nearly 16 million tourists spent over 41 million guest nights in Hungary last year, with the revenues of the hospitality sector seeing a double-digit growth, surpassing inflation….

Hungary Launches Ambitious International Exchange and Research Programmes

Balázs Hankó underscored Hungary’s strides in scientific and educational excellence, noting that 12 Hungarian universities now rank among the top five per cent globally. He outlined ambitious goals, aiming for one Hungarian university to enter the world’s top 100 by…

Government Announces Historic Salary Increase for Educators

Hungary’s commitment to significantly enhancing educator salaries not only acknowledges the invaluable contribution of educators but also aims to bolster the quality of education by attracting and retaining top talent in the teaching profession. The decision comes as part of…

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