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Recent analysis from Gi Group Holding suggests that despite a climate of economic uncertainty, the hunt for Hungarian workers is set to become even more competitive. This shift comes as businesses adopt a more cautious stance regarding the recruitment of third-country nationals.
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Tesco is shutting down one of its prominent Budapest hypermarkets, marking another visible step in the reshaping of Hungary’s grocery retail landscape.
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If you notice longer queues than usual at your local cukrászda this week, there’s a very sweet reason for it. May 8th marks the annual Hungarian Ice Cream Day (Magyar Fagylalt Napja), a day when participating parlours across the country slash their prices by 50%.
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Evolution-capable AI systems (Evolvable AI, EAI), which could soon meet all criteria of Darwinian evolution, may pose exceptional risks, according to a new study by researchers from the HUN-REN Centre for Ecological Research, Eotvos Lorand University (ELTE), and the Royal Flemish Academy of Belgium for Science and the Arts.
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The incoming Tisza Party government will release the files on the communist-era state security apparatus, Peter Magyar, the prime minister-elect, said on Facebook on Thursday.
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Following a period of rapid escalation, the Budapest new-build housing market has entered a phase of stabilization. Data released by real estate broker Duna House and market researcher ELTINGA reveals that while prices have leveled out, a significant increase in available inventory is shifting the market dynamic.
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Economic research institute GKI's combined gauge of business and consumer confidence reached a 27-month high in April, chief researcher Raymund Petz said on Thursday.
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The fresh newsletter for the International Community in Hungary - described by readers as a "Great read each week" - is now available for your interest and use via the link below.
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Hungary's most wanted drug dealer was arrested in Mexico and has been returned to Hungary, the police reported on its website on Wednesday.
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Plans to have the next cabinet unlock frozen EU funds have been welcomed by Gergely Karácsony, mayor of Budapest, who has prepared a list of projects that could run through to 2029.
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István Szabó, the Oscar-winning creator of Mephisto, is directing a film adaptation of Sandor Márai's novel Embers, starring Ralph Fiennes, Viggo Mortensen and Charlotte Rampling.
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Gyorgy Matolcsy, the former governor of the National Bank of Hungary (NBH), said allegations against him and his work while the head of the central bank were "unfounded" in an open letter published by Index.hu on Wednesday.
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Contactless payment terminals began operating across all metro lines in Budapest on Wednesday, marking a major step forward in modernising the capital’s public transport system.
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State-owned lottery company Szerencsejatek has initiated a voluntary audit "to put players' minds at ease" after four of its draw games yielded jackpots in a single week.
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