• 18 Apr 2024

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IMF Lowers Hungary's GDP Growth Forecast to 2.2%

IMF Lowers Hungary's GDP Growth Forecast to 2.2%

The International Monetary Fund (IMF) projected Hungary’s GDP would grow by 2.2% this year in its latest World Economic Outlook.
Updated: Repurchase Of Budapest Airport in Final Phase, Says Ministry

Updated: Repurchase Of Budapest Airport in Final Phase, Says Ministry

The repurchase of Budapest’s Liszt Ferenc International Airport is progressing in line with schedule and the transaction is in its final phase, the economy ministry said on Wednesday in response to press reports.
China Sees Hungary as Regional Financial Hub, Says Minister

China Sees Hungary as Regional Financial Hub, Says Minister

Financial cooperation is a fast-growing area of Hungarian-Chinese relations, Mihály Varga, the finance minister, said after meeting banking heads in Beijing, noting that Hungary planned to issue a Panda bond in the second half of this year.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
Renewed Makovecz Spa is

Renewed Makovecz Spa is "Most Beautiful Thermal Bath in Hungary and Probably in World”, Says Orbán

Prime Minister Viktor Orbán attended the inauguration of the refurbished Hagymatikum spa, designed by renowned architect Imre Makovecz (1935-2011), in Makó, in south-eastern Hungary.
Controversial Anti-EU Speech by Orbán Marks Hungary’s March 15 National Holiday

Controversial Anti-EU Speech by Orbán Marks Hungary’s March 15 National Holiday

“We cannot accept that Brussels has abandoned Europeans, moreover, turned against them,” Prime Minister Viktor Orbán said in a speech marking Hungary’s March 15 national holiday.
Xpat Explainer: 15 March Commemoration of 1848 Hungarian Revolution

Xpat Explainer: 15 March Commemoration of 1848 Hungarian Revolution

  • 11 Mar 2024 7:13 AM
  • community & culture
The Hungarian Revolution of 1848 was one of many of the European Revolutions that year, and was closely linked to other 1848 revolutions in the Habsburg areas. The revolution in the Kingdom of Hungary grew into a war for independence from the Austrian Empire, ruled by the Habsburg monarchy.
Inflation in Hungary 3.7% in February

Inflation in Hungary 3.7% in February

Annual inflation in Hungary was 3.7% in February, the Central Statistical Office (KSH) said. Month on month, prices rose by 0.7%.
Hungarians Prioritizing Travel Over Renovations This Year

Hungarians Prioritizing Travel Over Renovations This Year

Home renovation is an important goal for many, but this year Hungarians would spend most of their money on travel, according to representative research by Cofidis Credit Monitor.
IMF Lowers Hungary's GDP Growth Forecast to 2.2%

IMF Lowers Hungary's GDP Growth Forecast to 2.2%

The International Monetary Fund (IMF) projected Hungary’s GDP would grow by 2.2% this year in its latest World Economic Outlook.
Updated: Repurchase Of Budapest Airport in Final Phase, Says Ministry

Updated: Repurchase Of Budapest Airport in Final Phase, Says Ministry

The repurchase of Budapest’s Liszt Ferenc International Airport is progressing in line with schedule and the transaction is in its final phase, the economy ministry said on Wednesday in response to press reports.
China Sees Hungary as Regional Financial Hub, Says Minister

China Sees Hungary as Regional Financial Hub, Says Minister

Financial cooperation is a fast-growing area of Hungarian-Chinese relations, Mihály Varga, the finance minister, said after meeting banking heads in Beijing, noting that Hungary planned to issue a Panda bond in the second half of this year.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
Renewed Makovecz Spa is

Renewed Makovecz Spa is "Most Beautiful Thermal Bath in Hungary and Probably in World”, Says Orbán

Prime Minister Viktor Orbán attended the inauguration of the refurbished Hagymatikum spa, designed by renowned architect Imre Makovecz (1935-2011), in Makó, in south-eastern Hungary.
Controversial Anti-EU Speech by Orbán Marks Hungary’s March 15 National Holiday

Controversial Anti-EU Speech by Orbán Marks Hungary’s March 15 National Holiday

“We cannot accept that Brussels has abandoned Europeans, moreover, turned against them,” Prime Minister Viktor Orbán said in a speech marking Hungary’s March 15 national holiday.
Xpat Explainer: 15 March Commemoration of 1848 Hungarian Revolution

Xpat Explainer: 15 March Commemoration of 1848 Hungarian Revolution

  • 11 Mar 2024 7:13 AM
  • community & culture
The Hungarian Revolution of 1848 was one of many of the European Revolutions that year, and was closely linked to other 1848 revolutions in the Habsburg areas. The revolution in the Kingdom of Hungary grew into a war for independence from the Austrian Empire, ruled by the Habsburg monarchy.
Inflation in Hungary 3.7% in February

Inflation in Hungary 3.7% in February

Annual inflation in Hungary was 3.7% in February, the Central Statistical Office (KSH) said. Month on month, prices rose by 0.7%.
Hungarians Prioritizing Travel Over Renovations This Year

Hungarians Prioritizing Travel Over Renovations This Year

Home renovation is an important goal for many, but this year Hungarians would spend most of their money on travel, according to representative research by Cofidis Credit Monitor.