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Hungarian government

East German refugee, with a Hungarian border guard looking on, showing his documents before he is allowed to leave for West Germany through Austria.

The First Crack in the Communist Iron Curtain: The Pan-European Picnic

This Saturday marks the 34th anniversary of the Pan-European Picnic, when East German refugees, attempting to defect to West Germany, were allowed to enter Austria by the Hungarian authorities. The Picnic is also a symbol of a borderless, free, united…

Government Measures Prove Effective Against Inflation

For the government, the successful fight against inflation is a key issue as it aims to restore the previous trend of continuous wage growth, disrupted by the protracted war and the misguided sanctions….

Government Measures Halved the Inflation of Food Prices

Government spokesperson Alexandra Szentkirályi noted on public radio that inflation decreased to 17.6 per cent in July, representing a 2.5 per cent decrease compared to the previous month, and a 0.9 per cent decrease in food prices. On an annual…
Worker hands in protective gloves grinding with electric wheel on metal.

Government Remains Committed to Protecting Jobs

Based on the latest data, nearly 4.8 million people are employed in Hungary, and the unemployment rate stands at 3.8 per cent, well below the EU average. The data reflects that the Hungarian labour market remains tight, and employment is…

Food Prices Drop Significantly Thanks to Price Monitoring System

According to the ministry’s statement issued on 4 August, in July the average prices of products in 62 product categories decreased by an average of 7.7 per cent. This reduction was a result of price decreases in 53 product categories…
Neon open sign, illustration.

Number of Unemployed Remains Record Low, Entrepreneurship Programme Launched

Since 2010, the government has been working towards achieving full employment and building a labour-based economy. Compared to 2010, one million more people are now employed in Hungary, and the number of those employed is steadily approaching 4.8 million….

Increased Mandatory Food Price Reductions Come into Effect Today

To further intensify price competition, the government decided to raise the level of mandatory discounts from ten per cent to at least 15 per cent starting today….

Gergely Gulyás: We are Doing Our Best to Cooperate with the US Democratic Administration

Gergely Gulyás emphasised that ‘if there is a political change in the United States, which, of course, depends on the decision of the Americans, then it is certain that Hungarian–American relations can greatly improve with a conservative American administration.’…

The Risk in Not ‘De-Risking’ with China

‘There is also a way to deal with the world’s largest economy, for the US Dollar (USD) is not going to decline anytime soon. Those who claim that the USD is in decline often argue that for centuries, reserve currencies…

‘The Earthquake was the Last Straw for Many Syrians’ — Hungary Helps Provided 4.6 Million Euros to Help Syrians in Need

‘Many people have died, almost every family is mourning someone, and providing for the family is a daily struggle…we are talking about people who fled the horrors of war, their hometown, and even often their country, and yet we saw…

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