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Moody’s: Hungary’s Outlook Remains Stable

The credit rating agency expects a three per cent economic growth in Hungary next year, supported by strong exports, a high investment rate, and rising real wages….

Viktor Orbán on Protecting Jobs, Curbing Inflation and Raising Wages

The Prime Minister stated that both the European and Hungarian economies are influenced by the Russo-Ukrainian war. If the war were to end, both economies could show their ‘better side.’…

Hungary Can Expect a Great Tourist Season, Tourism Agency CEO Says

In a recent interview with business news site Világgazdaság, Hungarian Tourism Agency CEO Péter Horváth highlighted that the number of guest nights booked by foreign visitors to Hungary is on the rise, while domestic tourism has shrunk, which is in…

Szijjártó: Systemic Corruption in Hungary Would Keep Investors Away  

In his interview with Richard Quest, Péter Szijjártó asked the rhetorical question: ‘Do you think all this would be possible if there were systemic corruption? Because if there is systemic corruption, there is no growth, investors do not come, and…

Chinese Investments Contribute to Growth in Hungary

Over the last couple of years, Chinese investments have greatly contributed to economic growth in Hungary, in sectors ranging from cargo transport to battery manufacturing….

Analysts Suprised by Hungarian GPD Growth

The Hungarian economy’s second quarter performance has surprised analysts – according to official data, Hungary’s GDP has grown by 6,5 per cent compared to the same period last year….

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