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Quiet Quitting Phenomenon on Rise in Hungary

Quiet Quitting Phenomenon on Rise in Hungary

Negative internal communication reduces employee loyalty and increases the intent to "quietly quit" in Hungarian businesses. This also diminishes the company's performance, as researchers from Corvinus University and their foreign colleagues have found.
Foreigners Spent More Nights in Budapest this Year than During Last Sziget Festival

Foreigners Spent More Nights in Budapest this Year than During Last Sziget Festival

The annual Sziget Festival boosted revenue of accommodation providers in Budapest by 37% to Ft 7.9 billion compared to the previous week, state tourism agency MTÜ said on Tuesday, citing data from the National Tourism Service Centre.
Fashion & Design Agency Takes Over Design Council in Hungary

Fashion & Design Agency Takes Over Design Council in Hungary

The Hungarian Fashion and Design Agency (HFDA) is taking over the tasks of the Hungarian Design Council (HDC) from August, the HFDA said.
Gold Reserves in Hungary at Record High

Gold Reserves in Hungary at Record High

The MNB had an unprecedentedly high euro 6.8 billion in gold reserves at the end of July, the central bank announced.
Inflation in Hungary at 4.1% - Food Prices Rose by 2.7% in July

Inflation in Hungary at 4.1% - Food Prices Rose by 2.7% in July

Hungary’s annual consumer price index was 4.1% in July, the Central Statistical Office (KSH) said. Month on month, consumer prices were up an average of 0.7%, with vehicle fuel prices rising by 3.8%.
Warning: Whooping Cough Cases on Rise in Hungary

Warning: Whooping Cough Cases on Rise in Hungary

In Hungary, whooping cough (Pertussis) cases have risen, with 76 confirmed cases in 2024 alone, Index reports.
MOL Chief Attacks Gov't Policy in Hungary - “Patching Holes” More Than “Strategic Thinking”

MOL Chief Attacks Gov't Policy in Hungary - “Patching Holes” More Than “Strategic Thinking”

The impact of investments postponed because of sectoral taxes will show up in Hungary’s GDP, Zsolt Hernádi, the chairman-CEO of Hungarian oil and gas company MOL, said at an event organised by the Mathias Corvinus Collegium (MCC) in Esztergom, in northern Hungary.
Official “Good News”: Economy in Hungary Could Grow by Over 2% This Year, 3.5% in 2025

Official “Good News”: Economy in Hungary Could Grow by Over 2% This Year, 3.5% in 2025

Hungary’s economy could grow by 1.8-2.2% this year and 3.5% could be achieved “by all means” next year, the finance minister said.

"Cause for Optimism”: GDP up 1.5% in Hungary

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.
Quiet Quitting Phenomenon on Rise in Hungary

Quiet Quitting Phenomenon on Rise in Hungary

Negative internal communication reduces employee loyalty and increases the intent to "quietly quit" in Hungarian businesses. This also diminishes the company's performance, as researchers from Corvinus University and their foreign colleagues have found.
Foreigners Spent More Nights in Budapest this Year than During Last Sziget Festival

Foreigners Spent More Nights in Budapest this Year than During Last Sziget Festival

The annual Sziget Festival boosted revenue of accommodation providers in Budapest by 37% to Ft 7.9 billion compared to the previous week, state tourism agency MTÜ said on Tuesday, citing data from the National Tourism Service Centre.
Fashion & Design Agency Takes Over Design Council in Hungary

Fashion & Design Agency Takes Over Design Council in Hungary

The Hungarian Fashion and Design Agency (HFDA) is taking over the tasks of the Hungarian Design Council (HDC) from August, the HFDA said.
Gold Reserves in Hungary at Record High

Gold Reserves in Hungary at Record High

The MNB had an unprecedentedly high euro 6.8 billion in gold reserves at the end of July, the central bank announced.
Inflation in Hungary at 4.1% - Food Prices Rose by 2.7% in July

Inflation in Hungary at 4.1% - Food Prices Rose by 2.7% in July

Hungary’s annual consumer price index was 4.1% in July, the Central Statistical Office (KSH) said. Month on month, consumer prices were up an average of 0.7%, with vehicle fuel prices rising by 3.8%.
Warning: Whooping Cough Cases on Rise in Hungary

Warning: Whooping Cough Cases on Rise in Hungary

In Hungary, whooping cough (Pertussis) cases have risen, with 76 confirmed cases in 2024 alone, Index reports.
MOL Chief Attacks Gov't Policy in Hungary - “Patching Holes” More Than “Strategic Thinking”

MOL Chief Attacks Gov't Policy in Hungary - “Patching Holes” More Than “Strategic Thinking”

The impact of investments postponed because of sectoral taxes will show up in Hungary’s GDP, Zsolt Hernádi, the chairman-CEO of Hungarian oil and gas company MOL, said at an event organised by the Mathias Corvinus Collegium (MCC) in Esztergom, in northern Hungary.
Official “Good News”: Economy in Hungary Could Grow by Over 2% This Year, 3.5% in 2025

Official “Good News”: Economy in Hungary Could Grow by Over 2% This Year, 3.5% in 2025

Hungary’s economy could grow by 1.8-2.2% this year and 3.5% could be achieved “by all means” next year, the finance minister said.

"Cause for Optimism”: GDP up 1.5% in Hungary

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.