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No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

The Hungarian government is determined to avoid a recession this year, and its goal is to secure growth of 1.5% this year following a 4.5% growth in 2022, notwithstanding the mounting economic challenges, Márton Nagy, the minister of economic development said on Tuesday, opening a business lunch of the Hungarian-French Chamber of Commerce and Industry.
13% Base Rate Kept on Hold in Hungary

13% Base Rate Kept on Hold in Hungary

Hungarian rate-setters decided to keep the base rate on hold at 13% at a regular policy meeting on Tuesday, the first such meeting this year.
Gastro Final Bronze for Hungarian Team at Bocuse D'Or

Gastro Final Bronze for Hungarian Team at Bocuse D'Or

Hungary’s team led by Bence Dalnoki, the sous chef of Budapest’s Michelin-starred Stand Restaurant, came in third at the Bocuse d’Or 2023 international gastronomy contest final in Lyon.
Hungarian Proposal Against Greenwashing Adopted at European Parliament

Hungarian Proposal Against Greenwashing Adopted at European Parliament

The EP’s Committee on Environment, Public Health and Food Safety (ENVI) on Monday adopted a proposal on greenwashing, proposed by Fidesz MEP Edina Tóth. 
Budapest to Host Next CPAC Hungary in May, Orbán Key Speaker Again

Budapest to Host Next CPAC Hungary in May, Orbán Key Speaker Again

Budapest will again play host to a Conservative Political Action Conference (CPAC), on May 4-5, the event organizer said.
Hungarian Opinion: Opposition ‘Lack a Grand Narrative’

Hungarian Opinion: Opposition ‘Lack a Grand Narrative’

A left-wing political scientist explains the Left’s failure to challenge Fidesz with the opposition parties’ failure to propose a grand vision that matches ‘the Hungarian psyche’.
Hungarian Opinion: National Consultation on EU Sanctions Concluded

Hungarian Opinion: National Consultation on EU Sanctions Concluded

A pro-government lawyer interprets the results of the National Consultation on EU sanctions as clear endorsement of the government’s policies.
HUF 700 Billion Business Credit Scheme Launching in Hungary

HUF 700 Billion Business Credit Scheme Launching in Hungary

Hungary’s government will launch a 700 billion forint (EUR 1.8bn) subsidised credit scheme for businesses from February, the ministry of economic development said.
Budget Deficit in Hungary Now Exceeds Euro 12 Billion

Budget Deficit in Hungary Now Exceeds Euro 12 Billion

Hungary’s cash flow-based budget, excluding local councils, posted a 4,753.4 billion forint (EUR 12.1bn) deficit in 2022, the finance ministry confirmed in a detailed release of data.
No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

The Hungarian government is determined to avoid a recession this year, and its goal is to secure growth of 1.5% this year following a 4.5% growth in 2022, notwithstanding the mounting economic challenges, Márton Nagy, the minister of economic development said on Tuesday, opening a business lunch of the Hungarian-French Chamber of Commerce and Industry.
13% Base Rate Kept on Hold in Hungary

13% Base Rate Kept on Hold in Hungary

Hungarian rate-setters decided to keep the base rate on hold at 13% at a regular policy meeting on Tuesday, the first such meeting this year.
Gastro Final Bronze for Hungarian Team at Bocuse D'Or

Gastro Final Bronze for Hungarian Team at Bocuse D'Or

Hungary’s team led by Bence Dalnoki, the sous chef of Budapest’s Michelin-starred Stand Restaurant, came in third at the Bocuse d’Or 2023 international gastronomy contest final in Lyon.
Hungarian Proposal Against Greenwashing Adopted at European Parliament

Hungarian Proposal Against Greenwashing Adopted at European Parliament

The EP’s Committee on Environment, Public Health and Food Safety (ENVI) on Monday adopted a proposal on greenwashing, proposed by Fidesz MEP Edina Tóth. 
Budapest to Host Next CPAC Hungary in May, Orbán Key Speaker Again

Budapest to Host Next CPAC Hungary in May, Orbán Key Speaker Again

Budapest will again play host to a Conservative Political Action Conference (CPAC), on May 4-5, the event organizer said.
Hungarian Opinion: Opposition ‘Lack a Grand Narrative’

Hungarian Opinion: Opposition ‘Lack a Grand Narrative’

A left-wing political scientist explains the Left’s failure to challenge Fidesz with the opposition parties’ failure to propose a grand vision that matches ‘the Hungarian psyche’.
Hungarian Opinion: National Consultation on EU Sanctions Concluded

Hungarian Opinion: National Consultation on EU Sanctions Concluded

A pro-government lawyer interprets the results of the National Consultation on EU sanctions as clear endorsement of the government’s policies.
HUF 700 Billion Business Credit Scheme Launching in Hungary

HUF 700 Billion Business Credit Scheme Launching in Hungary

Hungary’s government will launch a 700 billion forint (EUR 1.8bn) subsidised credit scheme for businesses from February, the ministry of economic development said.
Budget Deficit in Hungary Now Exceeds Euro 12 Billion

Budget Deficit in Hungary Now Exceeds Euro 12 Billion

Hungary’s cash flow-based budget, excluding local councils, posted a 4,753.4 billion forint (EUR 12.1bn) deficit in 2022, the finance ministry confirmed in a detailed release of data.