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inflation

Economy-inflation Illustration (Pixabay)

Curbed Inflation Spurs Confidence in Economy in Hungary

Hungary’s government has succeeded in controlling inflation following the economic challenges of war and the energy crisis. With the average inflation rate dropping to 3.7 per cent in 2024 and forecast to reach 3.2 per cent in 2025, the outlook…

Balázs Orbán: ‘2024 was a lot better than the year before, but not as good as what we will see this year’

Political Director Balázs Orbán has talked to the Hungarian business site Portfolio.hu. In it, he expressed optimism about the incoming Trump administration ending the war in Eastern Europe, which would be very beneficial for the region’s economy. ‘If there is…

The Donald’s Great Comeback: the Election of 2024

President Trump, after overcoming multiple indictments, one conviction, and two assassination attempts, completed the Great American Comeback story and won the 2024 US presidential election, becoming the 45th and 47th President of the United States. He also delivered the first…

Government Action Spurs Wage Increases and Economic Optimism

In October 2024 Hungary saw a surge in wages, with the average gross income rising by nearly 13 per cent compared to last year. This growth, coupled with low inflation, marks the 14th consecutive month of significant real wage increases….

Fitch Ratings Confirms Hungary’s Economic Stability with Upgraded Outlook

Hungary’s creditworthiness received a boost as Fitch Ratings upgraded its outlook on Hungary’s IDR from negative to stable, and reaffirmed the country’s investment-grade rate. This aligns with Moody’s and S&P’s recent positive evaluations, reflecting strong investor confidence and robust economic…
A staircase in the Cotroceni Palace, the official residence of Romanian presidents

Romania Is the Land of Promises Not of Opportunities — And It Comes at a Price

Călin Georgescu, the independent candidate who garnered the most votes in the first round of the Romanian presidential election, is not unknown to the public. He has held important positions in the state bureaucracy and was the candidate for prime…

PM Orbán Unveils Historic Wage Agreement

Hungarian Prime Minister Viktor Orbán has announced a historic wage agreement on Monday. Under this deal, Hungary’s minimum wage will see a cumulative increase of approximately 40 per cent over the next three years….

S&P Affirms Hungary’s Investment-Grade Rating with Stable Outlook

S&P Global Ratings has affirmed Hungary’s investment-grade rating at ‘BBB minus/A-3’ for both foreign and local currency debt, with a stable outlook. The agency’s assessment highlights Hungary’s economic resilience, forecasting steady GDP growth, ongoing disinflation, and medium-term fiscal consolidation….

Canadian Conservatives Could Learn from Hungary, Samuel Duncan Says

‘When it comes to family policy, I know that many Canadian conservatives view Hungary as a leader, particularly in its various incentive programmes and structures that place families at the centre of government policy,’ senior Canadian conservative advisor Samuel Duncan…

A Republican Feel-Good Story: The Election of 1984

Republican Ronald Reagan, a former Hollywood actor and Governor of California, took 49 out of the 50 states in the 1984 election, netting him an all-time record of 525 electoral votes. During his first term in office he managed to…

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