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Lower Utility Rates for SMEs Likely in Hungary

Lower Utility Rates for SMEs Likely in Hungary

The government will let small businesses join a universal energy provider, through which they will benefit from fixed gas and electricity prices, based on a suggestion of the Hungarian Chamber of Commerce and Industry (MKIK).
PM Orbán: Vaccination of 5-12 Year Olds to be Assessed

PM Orbán: Vaccination of 5-12 Year Olds to be Assessed

Orbán said that health experts were expected to determine “around December” if children between 5-12 could be inoculated and in case of a positive answer parents would have an opportunity to vaccinate their children.
Hungarian Opinion: National Bank President Urges Fiscal Readjustment

Hungarian Opinion: National Bank President Urges Fiscal Readjustment

In an opinion piece in the main pro-government daily, National Bank president György Matolcsy warns that a high public deficit and the worsening trade balance make Hungary vulnerable to international financial shocks and demands swift action.
Hungary Central Bank Raises Key Rate by 30 Basis Points

Hungary Central Bank Raises Key Rate by 30 Basis Points

Hungary rate-setters at a regular policy meeting on Tuesday raised the base rate by 30 basis points to 2.10% while also raising both sides of the interest rate corridor by 30 basis points.
'Next Year's Parliamentary Election Crucial' in Hungary, Says Gulyás

'Next Year's Parliamentary Election Crucial' in Hungary, Says Gulyás

Next year’s general election will be crucial, Gergely Gulyás, the Prime Minister’s chief of staff, said at the 29th congress of ruling Fidesz in Budapest on Sunday. Next spring, “we will be choosing a future, we can decide between present and past”, Gulyás said.
St. Andrew’s Ball @ Marriott Hotel, 27 November

St. Andrew’s Ball @ Marriott Hotel, 27 November

  • 15 Nov 2021 6:10 AM
  • community & culture
Join in this expat gathering to celebrate St Andrew's Day on Saturday the 27 of November in the ballroom at the Budapest Marriott Hotel.
EC Raises Hungary 2021 GDP Growth Forecast to 7.4%

EC Raises Hungary 2021 GDP Growth Forecast to 7.4%

The European Commission has raised its projection for GDP growth in Hungary this year to 7.4%, up from its July projection of 6.3%.
Minimum Wage Agreement Reached in Hungary

Minimum Wage Agreement Reached in Hungary

Employer organisations, unions and the government have reached an agreement on raising the monthly minimum wage to Ft 200,000 per month from Ft 167,400 and the minimum for skilled labour to Ft 260,000 from Ft 219,000 next year, the Innovation and Technology Ministry announced on Wednesday.
EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

The European Bank for Reconstruction and Development (EBRD) raised its forecast for Hungary’s GDP growth this year to 7.7% in a biannual report published on Thursday.
Lower Utility Rates for SMEs Likely in Hungary

Lower Utility Rates for SMEs Likely in Hungary

The government will let small businesses join a universal energy provider, through which they will benefit from fixed gas and electricity prices, based on a suggestion of the Hungarian Chamber of Commerce and Industry (MKIK).
PM Orbán: Vaccination of 5-12 Year Olds to be Assessed

PM Orbán: Vaccination of 5-12 Year Olds to be Assessed

Orbán said that health experts were expected to determine “around December” if children between 5-12 could be inoculated and in case of a positive answer parents would have an opportunity to vaccinate their children.
Hungarian Opinion: National Bank President Urges Fiscal Readjustment

Hungarian Opinion: National Bank President Urges Fiscal Readjustment

In an opinion piece in the main pro-government daily, National Bank president György Matolcsy warns that a high public deficit and the worsening trade balance make Hungary vulnerable to international financial shocks and demands swift action.
Hungary Central Bank Raises Key Rate by 30 Basis Points

Hungary Central Bank Raises Key Rate by 30 Basis Points

Hungary rate-setters at a regular policy meeting on Tuesday raised the base rate by 30 basis points to 2.10% while also raising both sides of the interest rate corridor by 30 basis points.
'Next Year's Parliamentary Election Crucial' in Hungary, Says Gulyás

'Next Year's Parliamentary Election Crucial' in Hungary, Says Gulyás

Next year’s general election will be crucial, Gergely Gulyás, the Prime Minister’s chief of staff, said at the 29th congress of ruling Fidesz in Budapest on Sunday. Next spring, “we will be choosing a future, we can decide between present and past”, Gulyás said.
St. Andrew’s Ball @ Marriott Hotel, 27 November

St. Andrew’s Ball @ Marriott Hotel, 27 November

  • 15 Nov 2021 6:10 AM
  • community & culture
Join in this expat gathering to celebrate St Andrew's Day on Saturday the 27 of November in the ballroom at the Budapest Marriott Hotel.
EC Raises Hungary 2021 GDP Growth Forecast to 7.4%

EC Raises Hungary 2021 GDP Growth Forecast to 7.4%

The European Commission has raised its projection for GDP growth in Hungary this year to 7.4%, up from its July projection of 6.3%.
Minimum Wage Agreement Reached in Hungary

Minimum Wage Agreement Reached in Hungary

Employer organisations, unions and the government have reached an agreement on raising the monthly minimum wage to Ft 200,000 per month from Ft 167,400 and the minimum for skilled labour to Ft 260,000 from Ft 219,000 next year, the Innovation and Technology Ministry announced on Wednesday.
EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

The European Bank for Reconstruction and Development (EBRD) raised its forecast for Hungary’s GDP growth this year to 7.7% in a biannual report published on Thursday.