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Hungary's Construction Sector Output Falls 3.4%

Hungary's Construction Sector Output Falls 3.4%

The output of Hungary’s construction sector fell by 3.4% year on year in March, the steepest decline in more than three years, as the government introduced movement restrictions because of the coronavirus pandemic, data released by the Central Statistical Office (KSH) show.
Coronavirus: Hungary To Produce Favipiravir Drug Within Months

Coronavirus: Hungary To Produce Favipiravir Drug Within Months

Hungarian researchers have concluded the first phase of developing favipiravir, a medication proven effective against cases of the novel coronavirus in Asia.
Coronavirus Cases Detected In 2 Of 28 Budapest-Run Retirement Homes

Coronavirus Cases Detected In 2 Of 28 Budapest-Run Retirement Homes

Tests carried out for novel coronavirus at the 28 retirement homes run by the municipality of Budapest in the city and outside the capital identified positive cases in two of them, Mayor Gergely Karácsony told parliament’s welfare committee.
Six Hungarian Universities Listed On 'The Impact Rankings'

Six Hungarian Universities Listed On 'The Impact Rankings'

Six Hungarian universities have achieved a ranking on the Times Higher Education Impact Rankings (THE Impact Rankings), a state secretary of the innovation and technology ministry said.
Hungarian Opinion: Dispute Over Government’s Economic Measures

Hungarian Opinion: Dispute Over Government’s Economic Measures

A pro-government and an independent economist find the government’s economic incentives to kick-start the economy reasonable and well-balanced. A former liberal minister and a left-wing commentator, on the other hand, accuse the government of mismanaging the economic crisis.
Hungary 'On Brink Of Great Opportunities' – Interview With Central Bank Head

Hungary 'On Brink Of Great Opportunities' – Interview With Central Bank Head

The National Bank of Hungary will protect the country’s achievements of the past ten years, central bank governor György Matolcsy said in an interview to MTI, insisting that the Hungarian economy was “on the brink of great opportunities”.
Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

After the European debt crisis and the migrant crisis, Hungary is now facing a virus crisis. The new economy protection action plan does not increase the country's exposure; it aims to solve Hungary's problem on its own.
Coronavirus: Hungary Sets Up Epidemic Response Funds

Coronavirus: Hungary Sets Up Epidemic Response Funds

Hungary’s government is setting up a 663 billion forint (EUR 1.8bn) fund to combat the novel coronavirus epidemic and a 1,345 billion forint fund aimed at protecting and restarting the economy, the head of the PM’s Office said.
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.
Hungary's Construction Sector Output Falls 3.4%

Hungary's Construction Sector Output Falls 3.4%

The output of Hungary’s construction sector fell by 3.4% year on year in March, the steepest decline in more than three years, as the government introduced movement restrictions because of the coronavirus pandemic, data released by the Central Statistical Office (KSH) show.
Coronavirus: Hungary To Produce Favipiravir Drug Within Months

Coronavirus: Hungary To Produce Favipiravir Drug Within Months

Hungarian researchers have concluded the first phase of developing favipiravir, a medication proven effective against cases of the novel coronavirus in Asia.
Coronavirus Cases Detected In 2 Of 28 Budapest-Run Retirement Homes

Coronavirus Cases Detected In 2 Of 28 Budapest-Run Retirement Homes

Tests carried out for novel coronavirus at the 28 retirement homes run by the municipality of Budapest in the city and outside the capital identified positive cases in two of them, Mayor Gergely Karácsony told parliament’s welfare committee.
Six Hungarian Universities Listed On 'The Impact Rankings'

Six Hungarian Universities Listed On 'The Impact Rankings'

Six Hungarian universities have achieved a ranking on the Times Higher Education Impact Rankings (THE Impact Rankings), a state secretary of the innovation and technology ministry said.
Hungarian Opinion: Dispute Over Government’s Economic Measures

Hungarian Opinion: Dispute Over Government’s Economic Measures

A pro-government and an independent economist find the government’s economic incentives to kick-start the economy reasonable and well-balanced. A former liberal minister and a left-wing commentator, on the other hand, accuse the government of mismanaging the economic crisis.
Hungary 'On Brink Of Great Opportunities' – Interview With Central Bank Head

Hungary 'On Brink Of Great Opportunities' – Interview With Central Bank Head

The National Bank of Hungary will protect the country’s achievements of the past ten years, central bank governor György Matolcsy said in an interview to MTI, insisting that the Hungarian economy was “on the brink of great opportunities”.
Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

After the European debt crisis and the migrant crisis, Hungary is now facing a virus crisis. The new economy protection action plan does not increase the country's exposure; it aims to solve Hungary's problem on its own.
Coronavirus: Hungary Sets Up Epidemic Response Funds

Coronavirus: Hungary Sets Up Epidemic Response Funds

Hungary’s government is setting up a 663 billion forint (EUR 1.8bn) fund to combat the novel coronavirus epidemic and a 1,345 billion forint fund aimed at protecting and restarting the economy, the head of the PM’s Office said.
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.