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Germany Named as Hungary’s Largest Trading Partner, Bavaria is Key

Germany Named as Hungary’s Largest Trading Partner, Bavaria is Key

Márton Nagy, the national economy minister, is heading a delegation on a visit to Germany, where he met Hubert Aiwanger, the deputy prime minister of the federal state of Bavaria, and Eric Beisswenger, the federal state’s minister for European and international affairs, the ministry said in a statement.
Watch: Xi Jinping Arrives in Budapest, First Chinese Head of State to Visit in 20 Years

Watch: Xi Jinping Arrives in Budapest, First Chinese Head of State to Visit in 20 Years

Chinese President Xi Jinping arrived in Budapest on Wednesday for what can be described as a historic visit, marking the first time a Chinese head of state has visited Hungary in 20 years.
Hungary Can Become Key Player in Space Industry, Claims Econmin

Hungary Can Become Key Player in Space Industry, Claims Econmin

Hungary’s economic ecosystem, infrastructure and intellectual capital make the country capable of becoming a crucial player in the space industry, the national economy minister said in Martonvásár, on the outskirts of Budapest.
Details of Chinese President’s ‘Historic’ Visit to Hungary Revealed by FM Szijjártó

Details of Chinese President’s ‘Historic’ Visit to Hungary Revealed by FM Szijjártó

The visit of the Chinese president later this week is of historic importance and will greatly contribute to strengthening Hungary, developing bilateral economic and trade relations and, hopefully, to the success of peace efforts, Péter Szijjártó has said.
OECD Predicts Accelerating Economic Growth in Hungary

OECD Predicts Accelerating Economic Growth in Hungary

The OECD forecasts Hungary’s GDP will climb by 2.1% this year and its growth accelerating to 2.8% in 2025, according to its biannual Economic Outlook published.
50+ Foreign Diplomats Accredited to Hungary Briefed About Upcoming EP & Local Elections

50+ Foreign Diplomats Accredited to Hungary Briefed About Upcoming EP & Local Elections

The presidents of the National Election Office (NVI) and the National Election Committee (NVB) briefed foreign diplomats accredited to Hungary about the European Parliament elections set for June 9 and the municipal and minority self-government elections also to be held on the same day, the two organisations said in a joint statement.
Kylie Revealed as Headliner For Opening Night at Budapest's 'Island of Freedom'

Kylie Revealed as Headliner For Opening Night at Budapest's 'Island of Freedom'

Australian pop-sensation Kylie Minogue will be the headliner on the Main Stage at the opening day of this year’s Sziget Festival, Europe’s biggest and most diverse music festival, on August 7, the organisers announced.
Budapest to Get Direct Air Link With Seventh Major Chinese City

Budapest to Get Direct Air Link With Seventh Major Chinese City

A direct flight between Budapest and Shenzhen will start operating in June, bringing the number of major Chinese cities travellers can reach with direct flights from Budapest to seven, the minister of foreign affairs and trade, Péter Szijjártó, said in Beijing.
Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.
Germany Named as Hungary’s Largest Trading Partner, Bavaria is Key

Germany Named as Hungary’s Largest Trading Partner, Bavaria is Key

Márton Nagy, the national economy minister, is heading a delegation on a visit to Germany, where he met Hubert Aiwanger, the deputy prime minister of the federal state of Bavaria, and Eric Beisswenger, the federal state’s minister for European and international affairs, the ministry said in a statement.
Watch: Xi Jinping Arrives in Budapest, First Chinese Head of State to Visit in 20 Years

Watch: Xi Jinping Arrives in Budapest, First Chinese Head of State to Visit in 20 Years

Chinese President Xi Jinping arrived in Budapest on Wednesday for what can be described as a historic visit, marking the first time a Chinese head of state has visited Hungary in 20 years.
Hungary Can Become Key Player in Space Industry, Claims Econmin

Hungary Can Become Key Player in Space Industry, Claims Econmin

Hungary’s economic ecosystem, infrastructure and intellectual capital make the country capable of becoming a crucial player in the space industry, the national economy minister said in Martonvásár, on the outskirts of Budapest.
Details of Chinese President’s ‘Historic’ Visit to Hungary Revealed by FM Szijjártó

Details of Chinese President’s ‘Historic’ Visit to Hungary Revealed by FM Szijjártó

The visit of the Chinese president later this week is of historic importance and will greatly contribute to strengthening Hungary, developing bilateral economic and trade relations and, hopefully, to the success of peace efforts, Péter Szijjártó has said.
OECD Predicts Accelerating Economic Growth in Hungary

OECD Predicts Accelerating Economic Growth in Hungary

The OECD forecasts Hungary’s GDP will climb by 2.1% this year and its growth accelerating to 2.8% in 2025, according to its biannual Economic Outlook published.
50+ Foreign Diplomats Accredited to Hungary Briefed About Upcoming EP & Local Elections

50+ Foreign Diplomats Accredited to Hungary Briefed About Upcoming EP & Local Elections

The presidents of the National Election Office (NVI) and the National Election Committee (NVB) briefed foreign diplomats accredited to Hungary about the European Parliament elections set for June 9 and the municipal and minority self-government elections also to be held on the same day, the two organisations said in a joint statement.
Kylie Revealed as Headliner For Opening Night at Budapest's 'Island of Freedom'

Kylie Revealed as Headliner For Opening Night at Budapest's 'Island of Freedom'

Australian pop-sensation Kylie Minogue will be the headliner on the Main Stage at the opening day of this year’s Sziget Festival, Europe’s biggest and most diverse music festival, on August 7, the organisers announced.
Budapest to Get Direct Air Link With Seventh Major Chinese City

Budapest to Get Direct Air Link With Seventh Major Chinese City

A direct flight between Budapest and Shenzhen will start operating in June, bringing the number of major Chinese cities travellers can reach with direct flights from Budapest to seven, the minister of foreign affairs and trade, Péter Szijjártó, said in Beijing.
Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.