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Record Bilateral Trade Between Hungary & South Korea Hits 5 Billion US Dollars

Record Bilateral Trade Between Hungary & South Korea Hits 5 Billion US Dollars

Hungary and South Korea have agreed to sign an investment promotion and trade development agreement, Péter Szijjártó, the minister of foreign affairs and trade, said.
Chamber Calls for Rate Freeze, Repayment Moratorium for Hungarian Firms

Chamber Calls for Rate Freeze, Repayment Moratorium for Hungarian Firms

The Hungarian Chamber of Commerce and Industry (MKIK) has requested that the government should consider freezing the rate on corporate loans between 5-10% and introducing a repayment moratorium for existing floating-rate loans “as long as the economic situation warrants”.
Hungary Ranked First in “Up-and-Coming Innovators” List, EC Reports

Hungary Ranked First in “Up-and-Coming Innovators” List, EC Reports

On the score of research, development and innovation, Hungary is closing the gap with the rest of the European Union, and has risen to 21st place in the innovation ranking, according to a fresh European Commission report.
Car Industry Output in Hungary Up 13% in First Seven Months Of 2022, According to Szijjártó

Car Industry Output in Hungary Up 13% in First Seven Months Of 2022, According to Szijjártó

Output of Hungary’s automotive industry rose by 13% to 6,600 billion forints (EUR 16.2bn) in the first seven months of the year, the minister of foreign affairs and trade said, adding that there was a “realistic chance” that the sector’s output could reach 10,000 billion forints “in spite of the recession environment”.
Energy Supply is Guaranteed in Hungary, Announces Orbán

Energy Supply is Guaranteed in Hungary, Announces Orbán

The government can guarantee Hungary’s energy supply and it has sufficient supplies of natural gas, electricity and oil, Prime Minister Viktor Orbán said, addressing MPs.
Orbán Calls on EU to Drop Sanctions

Orbán Calls on EU to Drop Sanctions

The Russia-Ukraine war is no longer a local conflict, Viktor Orbán told a meeting of the ruling Fidesz and Christian Democratic parties. European Union sanctions against Russia have turned it into a global economic war, he said.
Brussels Failing to Live Up to Promises on Sanctions Against Hungary, Says Fidesz

Brussels Failing to Live Up to Promises on Sanctions Against Hungary, Says Fidesz

When Brussels approved the sanctions against Russia this past summer, “this was not what they promised”, ruling Fidesz’s parliamentary group leader said on Sunday, adding that Europeans had been “deceived”.
Sunday Closing in Hungary Advocated by Chamber of Commerce & Industry

Sunday Closing in Hungary Advocated by Chamber of Commerce & Industry

Those who suggest that shops be closed on Sundays in order to save energy costs are right, president László Parragh of the Chamber of Commerce and Industry (MKIK) told ATV.
One Quarter of Hungarian Businesses Plan Lay-Offs

One Quarter of Hungarian Businesses Plan Lay-Offs

Overall, a quarter of Hungarian businesses plan lay-offs by the end of the year, according to a survey by ManpowerGroup.
Record Bilateral Trade Between Hungary & South Korea Hits 5 Billion US Dollars

Record Bilateral Trade Between Hungary & South Korea Hits 5 Billion US Dollars

Hungary and South Korea have agreed to sign an investment promotion and trade development agreement, Péter Szijjártó, the minister of foreign affairs and trade, said.
Chamber Calls for Rate Freeze, Repayment Moratorium for Hungarian Firms

Chamber Calls for Rate Freeze, Repayment Moratorium for Hungarian Firms

The Hungarian Chamber of Commerce and Industry (MKIK) has requested that the government should consider freezing the rate on corporate loans between 5-10% and introducing a repayment moratorium for existing floating-rate loans “as long as the economic situation warrants”.
Hungary Ranked First in “Up-and-Coming Innovators” List, EC Reports

Hungary Ranked First in “Up-and-Coming Innovators” List, EC Reports

On the score of research, development and innovation, Hungary is closing the gap with the rest of the European Union, and has risen to 21st place in the innovation ranking, according to a fresh European Commission report.
Car Industry Output in Hungary Up 13% in First Seven Months Of 2022, According to Szijjártó

Car Industry Output in Hungary Up 13% in First Seven Months Of 2022, According to Szijjártó

Output of Hungary’s automotive industry rose by 13% to 6,600 billion forints (EUR 16.2bn) in the first seven months of the year, the minister of foreign affairs and trade said, adding that there was a “realistic chance” that the sector’s output could reach 10,000 billion forints “in spite of the recession environment”.
Energy Supply is Guaranteed in Hungary, Announces Orbán

Energy Supply is Guaranteed in Hungary, Announces Orbán

The government can guarantee Hungary’s energy supply and it has sufficient supplies of natural gas, electricity and oil, Prime Minister Viktor Orbán said, addressing MPs.
Orbán Calls on EU to Drop Sanctions

Orbán Calls on EU to Drop Sanctions

The Russia-Ukraine war is no longer a local conflict, Viktor Orbán told a meeting of the ruling Fidesz and Christian Democratic parties. European Union sanctions against Russia have turned it into a global economic war, he said.
Brussels Failing to Live Up to Promises on Sanctions Against Hungary, Says Fidesz

Brussels Failing to Live Up to Promises on Sanctions Against Hungary, Says Fidesz

When Brussels approved the sanctions against Russia this past summer, “this was not what they promised”, ruling Fidesz’s parliamentary group leader said on Sunday, adding that Europeans had been “deceived”.
Sunday Closing in Hungary Advocated by Chamber of Commerce & Industry

Sunday Closing in Hungary Advocated by Chamber of Commerce & Industry

Those who suggest that shops be closed on Sundays in order to save energy costs are right, president László Parragh of the Chamber of Commerce and Industry (MKIK) told ATV.
One Quarter of Hungarian Businesses Plan Lay-Offs

One Quarter of Hungarian Businesses Plan Lay-Offs

Overall, a quarter of Hungarian businesses plan lay-offs by the end of the year, according to a survey by ManpowerGroup.