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Hungary Orders Loans Relief

Hungary Orders Loans Relief

The government is forgiving certain loan repayments this year, including those on baby bonds and student loans, due to the novel coronavirus epidemic, the head of the Prime Minister’s Office said.
Coronavirus: Hungary’s Tourism To Be Hit Badly By Outbreak

Coronavirus: Hungary’s Tourism To Be Hit Badly By Outbreak

Hungary’s tourism and hospitality sectors are expected to be hit severely by the new coronavirus outbreak, Finance Minister Mihály Varga said.
Hungarian Tourism To Break New Record This Year

Hungarian Tourism To Break New Record This Year

All tourism records will be again broken this year following the record-breaking year of 2018, Foreign Minister Péter Szijjártó said at the official opening of the new Párisi Udvar Hotel in central Budapest. 
Hungarians Need Seven Yearsʼ Salary For New Home, Says Survey

Hungarians Need Seven Yearsʼ Salary For New Home, Says Survey

Although home prices in Hungary have risen at the fastest clip in Europe, it still takes Hungarians only a little more than seven yearsʼ salary to buy a new home of 70 square meters, the European Property Index 2019 survey by consultancy Deloitte shows.
Opposition Demands Immediate Halt To Budapest-Belgrade Railway Project

Opposition Demands Immediate Halt To Budapest-Belgrade Railway Project

The opposition LMP party has called on the government to halt the China-backed project to upgrade the Budapest-Belgrade rail line.
Hungary Has Fifth Highest Death Rate In EU

Hungary Has Fifth Highest Death Rate In EU

Hungary has posted the fifth highest death rate per 100,000 inhabitants in the European Union, according to recent research published by the EUʼs statistical office Eurostat, based on 2016 data. The country continues to struggle with population decline, despite government efforts to reverse the trend.
Moody's Changes Hungary Banking Sector Outlook To Stable

Moody's Changes Hungary Banking Sector Outlook To Stable

Moody’s Investors Service changed the outlook on Hungary’s banking system to stable from positive.
Hungarian Opposition Calls On Courts To Suspend Forex Loan-Related Procedures

Hungarian Opposition Calls On Courts To Suspend Forex Loan-Related Procedures

Civil groups and the opposition Socialist, Párbeszéd and Democratic Coalition (DK) parties have called on the courts to suspend all ongoing non-payment procedures, auctions and home evictions relating to foreign currency loans.
New Gadgets For Better Yields In Hungarian Agriculture

New Gadgets For Better Yields In Hungarian Agriculture

  • 6 Jun 2019 10:59 AM
  • tech
Hungarian farmers engaged in plant cultivation are open to precision technologies; in fact, 23% claim to apply them (i.e. modern technologies and digital devices) already. In the past year, the ratio of companies using digital devices in farming increased significantly, from 75% to 93%.
Hungary Orders Loans Relief

Hungary Orders Loans Relief

The government is forgiving certain loan repayments this year, including those on baby bonds and student loans, due to the novel coronavirus epidemic, the head of the Prime Minister’s Office said.
Coronavirus: Hungary’s Tourism To Be Hit Badly By Outbreak

Coronavirus: Hungary’s Tourism To Be Hit Badly By Outbreak

Hungary’s tourism and hospitality sectors are expected to be hit severely by the new coronavirus outbreak, Finance Minister Mihály Varga said.
Hungarian Tourism To Break New Record This Year

Hungarian Tourism To Break New Record This Year

All tourism records will be again broken this year following the record-breaking year of 2018, Foreign Minister Péter Szijjártó said at the official opening of the new Párisi Udvar Hotel in central Budapest. 
Hungarians Need Seven Yearsʼ Salary For New Home, Says Survey

Hungarians Need Seven Yearsʼ Salary For New Home, Says Survey

Although home prices in Hungary have risen at the fastest clip in Europe, it still takes Hungarians only a little more than seven yearsʼ salary to buy a new home of 70 square meters, the European Property Index 2019 survey by consultancy Deloitte shows.
Opposition Demands Immediate Halt To Budapest-Belgrade Railway Project

Opposition Demands Immediate Halt To Budapest-Belgrade Railway Project

The opposition LMP party has called on the government to halt the China-backed project to upgrade the Budapest-Belgrade rail line.
Hungary Has Fifth Highest Death Rate In EU

Hungary Has Fifth Highest Death Rate In EU

Hungary has posted the fifth highest death rate per 100,000 inhabitants in the European Union, according to recent research published by the EUʼs statistical office Eurostat, based on 2016 data. The country continues to struggle with population decline, despite government efforts to reverse the trend.
Moody's Changes Hungary Banking Sector Outlook To Stable

Moody's Changes Hungary Banking Sector Outlook To Stable

Moody’s Investors Service changed the outlook on Hungary’s banking system to stable from positive.
Hungarian Opposition Calls On Courts To Suspend Forex Loan-Related Procedures

Hungarian Opposition Calls On Courts To Suspend Forex Loan-Related Procedures

Civil groups and the opposition Socialist, Párbeszéd and Democratic Coalition (DK) parties have called on the courts to suspend all ongoing non-payment procedures, auctions and home evictions relating to foreign currency loans.
New Gadgets For Better Yields In Hungarian Agriculture

New Gadgets For Better Yields In Hungarian Agriculture

  • 6 Jun 2019 10:59 AM
  • tech
Hungarian farmers engaged in plant cultivation are open to precision technologies; in fact, 23% claim to apply them (i.e. modern technologies and digital devices) already. In the past year, the ratio of companies using digital devices in farming increased significantly, from 75% to 93%.