• 23 Dec 2025

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EC Launches Infringement Procedure Against Hungary Over Foundations Taxation

EC Launches Infringement Procedure Against Hungary Over Foundations Taxation

The European Commission launched an infringement procedure against Hungary over the taxation of foundations.
Wizz Air Fined Ft 15M For Late Luggage Delivery, Improper Commercial Conduct

Wizz Air Fined Ft 15M For Late Luggage Delivery, Improper Commercial Conduct

Baggage belonging to passengers on the airline’s January 26 flight from Dubai to Budapest was delivered three days later. The government office in Budapest has accordingly fined the low-cost airline HUF 15 million.
Locals Hopeful Of Buying Car, Says New Survey

Locals Hopeful Of Buying Car, Says New Survey

9% of households in Hungary are planning to purchase cars in the coming three years, economic research company GKI reports.
Retail Sales Growth Of 6% In 2018 Confirmed In Hungary

Retail Sales Growth Of 6% In 2018 Confirmed In Hungary

In December 2018, the volume of sales in retail shops rose by 3.7% according to raw data, and by 4.1% adjusted for calendar effects, compared to the same month of 2017, the Central Statistical Office (KSH) confirmed in a second reading.
EC Raises Hungary GDP Growth Forecast

EC Raises Hungary GDP Growth Forecast

The European Commission raised its projection for Hungary’s GDP growth this year to 3.4% in a quarterly forecast.
Hungary Retail Sales Up 3.7% Yr/Yr In Dec

Hungary Retail Sales Up 3.7% Yr/Yr In Dec

Hungarian retail sales increased by an annual 3.7% in December, the Central Statistical Office (KSH) said.
Proceedings Launched Against Wizz Air For Deliberately Leaving Bags Behind

Proceedings Launched Against Wizz Air For Deliberately Leaving Bags Behind

State secretary for public services Bence Tuzson has put forward an initiative to launch proceedings against Wizz Air after the airline failed to bring baggage on a Saturday night flight from Dubai to Budapest.
Hungary's November Retail Sales Growth Revised Down To 5%

Hungary's November Retail Sales Growth Revised Down To 5%

In November 2018, the volume of sales in retail shops grew by 5.0% according to raw data, and by 4.9% adjusted for calendar effects, compared to November 2017, shows a second estimate from the Central Statistical Office (KSH), revising the figures in its first reading downwards by 0.3 of a percentage point.
Takarékbank Raises Hungary’s 2019 GDP Forecast To 4.2%

Takarékbank Raises Hungary’s 2019 GDP Forecast To 4.2%

Takarékbank forecasts Hungary’s economy growing by 4.2% this year, fuelled by rising consumption linked to strong wage growth.
EC Launches Infringement Procedure Against Hungary Over Foundations Taxation

EC Launches Infringement Procedure Against Hungary Over Foundations Taxation

The European Commission launched an infringement procedure against Hungary over the taxation of foundations.
Wizz Air Fined Ft 15M For Late Luggage Delivery, Improper Commercial Conduct

Wizz Air Fined Ft 15M For Late Luggage Delivery, Improper Commercial Conduct

Baggage belonging to passengers on the airline’s January 26 flight from Dubai to Budapest was delivered three days later. The government office in Budapest has accordingly fined the low-cost airline HUF 15 million.
Locals Hopeful Of Buying Car, Says New Survey

Locals Hopeful Of Buying Car, Says New Survey

9% of households in Hungary are planning to purchase cars in the coming three years, economic research company GKI reports.
Retail Sales Growth Of 6% In 2018 Confirmed In Hungary

Retail Sales Growth Of 6% In 2018 Confirmed In Hungary

In December 2018, the volume of sales in retail shops rose by 3.7% according to raw data, and by 4.1% adjusted for calendar effects, compared to the same month of 2017, the Central Statistical Office (KSH) confirmed in a second reading.
EC Raises Hungary GDP Growth Forecast

EC Raises Hungary GDP Growth Forecast

The European Commission raised its projection for Hungary’s GDP growth this year to 3.4% in a quarterly forecast.
Hungary Retail Sales Up 3.7% Yr/Yr In Dec

Hungary Retail Sales Up 3.7% Yr/Yr In Dec

Hungarian retail sales increased by an annual 3.7% in December, the Central Statistical Office (KSH) said.
Proceedings Launched Against Wizz Air For Deliberately Leaving Bags Behind

Proceedings Launched Against Wizz Air For Deliberately Leaving Bags Behind

State secretary for public services Bence Tuzson has put forward an initiative to launch proceedings against Wizz Air after the airline failed to bring baggage on a Saturday night flight from Dubai to Budapest.
Hungary's November Retail Sales Growth Revised Down To 5%

Hungary's November Retail Sales Growth Revised Down To 5%

In November 2018, the volume of sales in retail shops grew by 5.0% according to raw data, and by 4.9% adjusted for calendar effects, compared to November 2017, shows a second estimate from the Central Statistical Office (KSH), revising the figures in its first reading downwards by 0.3 of a percentage point.
Takarékbank Raises Hungary’s 2019 GDP Forecast To 4.2%

Takarékbank Raises Hungary’s 2019 GDP Forecast To 4.2%

Takarékbank forecasts Hungary’s economy growing by 4.2% this year, fuelled by rising consumption linked to strong wage growth.