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Donald Trump’s Risky Tariff Proposal

‘The U.S. has dramatically evolved since its founding, when tariffs were the only source of revenue for the federal government. Despite the higher costs falling on American consumers and the harms to U.S. employment and production, especially in the manufacturing…
Aerial photo of the Pozsony (Bratislava) Castle

Slovakia May Adopt Effective Hungarian Price Monitoring System

The Hungarian price monitoring system, which will possibly be purchased by the Slovak government, is an online database developed by the government and the Hungarian Competition Authority. The system provides consumers with information on the selling prices of individual products….

Media Authority Publishes Study on the Changing Landscape of Cinemas in Hungary

Despite the surge in online streaming services, the study emphasizes, it is premature to underestimate the significance of films screened in theatres. In 2023, film distributors in Hungary reported a successful year with ticket revenues reaching nearly 22 billion forints…
An image of Lake Balaton at Tihany with sailing boats.

Lake Balaton the Primary Target of Domestic Travel This Summer, Hungarian Tourism Agency Says

The robust recovery of inbound tourism greatly contributed to the positive tourism results in July. Compared to the same month last year, nearly a fifth more foreign guests, totalling 900,000, overnighted in Hungary….

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….

Sziget Boasts Over 420,000 Attendees This Year

Tamás Kádár proudly announced that the total attendance of Sziget this year was estimated at over 420,000. He added that although it is less than last year, the company cannot complain….

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…

A Week at the Island of Freedom: Sziget Festival Begins Today

The Sziget Festival will last six days, until 15 August, on the Óbuda Island in Budapest. Performers from sixty-two countries will arrive at approximately forty venues, and the audience will come from over a hundred countries….

Sziget 2023: Foreigners Make Up 50 Per Cent of Ticket Holders

Spread across 76 hectares, this year’s festival was set up in three weeks. The maximum daily capacity is 90,000 people, including both festival staff and attendees, making Sziget the country’s tenth largest city for the six days of the festival….

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…

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