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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…

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…

Vietnamese Prime Minister‘s Visit to Hungary ‘Crucial’, Orbán Says

According to the Hungarian Prime Minister, it is ‘easy to predict’ that Vietnam will emerge as one of the winners of the coming era. ‘Such transformations herald opportunities as well as risks. We see the new world economic era as…

Pápa Airbase to Be Equipped with State-of-the-Art Air Crew Training Simulator

The C–17 Aircrew Training System (ATS) Simulator is a sophisticated and comprehensive training platform designed to enhance the proficiency of aircrews operating the Boeing C-17 Globemaster III, a large military transport aircraft….

Central and Eastern European Economies Begin 2024 with Stable Sovereign Credit Prospects, Reports Moody’s

According to the ten-page study by the international credit rating agency, the stable outlook is supported by the region’s expected robust macroeconomic performance. In addition, the economies of the countries in the region have been relatively resilient to the European…

Creative Tapestry: NFI’s Investment in TV Films, Documentaries, and Animation

The NFI’s decision-making committee voted to support the production of six different television works….

Hungary Sets Investment Record with Over €13 Billion in Investment Inflows in 2023

Péter Szijjártó pointed out that Hungary managed to achieve great results despite the fact that the global economy underwent significant crises last year, as indicated by global data. The amount of investments made worldwide decreased by 12.5 per cent from…

A Final Agreement Approaches as Budapest Airport Reacquisition Nears Completion

Back in May, Prime Minister Viktor Orbán mentioned at the Qatari Economic Forum that there is interest from Qatar towards Budapest Airport, and ‘we would welcome them.’ Now, it appears that the Qatar Investment Authority is joining the deal as…

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