• 22 Nov 2024

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Hungary’s Economy in Good Health, Says Finance Minister

Hungary’s Economy in Good Health, Says Finance Minister

Hungary's economy is in better health than after the previous crisis and grew by 6.4% this year as opposed to a contraction of 6.6% the year after the 2008 crisis, Mihály Varga, the finance minister, said on Facebook.
Business Confidence Wavers, Consumer Sentiment Improves in Hungary

Business Confidence Wavers, Consumer Sentiment Improves in Hungary

Sentiment among businesses deteriorated but improved for consumers in December, the latest gauge of confidence by economic research institute GKI shows.
Inflation 7.4% in November in Hungary

Inflation 7.4% in November in Hungary

Consumer prices in Hungary grew by an annual 7.4% in November, after hitting 6.5% in October, the Central Statistical Office (KSH) said on Wednesday.
Fidesz Urges Left Wing to Stop 'Insulting' Hungarians

Fidesz Urges Left Wing to Stop 'Insulting' Hungarians

The communications director of governing Fidesz pressed the left wing to stop “insulting Hungarians” on Saturday, in a video message sent to MTI.
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.
Those Who Refuse Vaccine Put Peoples Lives at Risk, Says Hungarian PM's Chief of Staff

Those Who Refuse Vaccine Put Peoples Lives at Risk, Says Hungarian PM's Chief of Staff

People who refused to be vaccinated put the health and lives of others at risk, Gergely Gulyás, the prime minister’s chief of staff, said, adding that the government had been forced to make mask-wearing compulsory for this reason.
Fidesz Congress Re-Elects PM Orbán as Party Leader

Fidesz Congress Re-Elects PM Orbán as Party Leader

Viktor Orbán, the prime minister, was re-elected as leader of Hungary's ruling Fidesz at the party's 29th congress in Budapest on Sunday.
Hungary To Cap Fuel Prices at HUF 480

Hungary To Cap Fuel Prices at HUF 480

The government has decided to cap the price of petrol and diesel at 480 forints (EUR 1.3) per litre from Nov. 15, the prime minister’s chief of staff has said. Putting a cap on fuel prices may boost the economy and help to reduce inflation, Gergely Gulyás told a regular government press briefing.
Gross Savings Rate in Hungary Below EU Average

Gross Savings Rate in Hungary Below EU Average

The gross savings rate, the proportion of savings in relation to gross earnings, was 15.1% in Hungary in 2020, well below the EU average of 18.3%, leaving the country 18th among the EU27, Portfolio writes.
Hungary’s Economy in Good Health, Says Finance Minister

Hungary’s Economy in Good Health, Says Finance Minister

Hungary's economy is in better health than after the previous crisis and grew by 6.4% this year as opposed to a contraction of 6.6% the year after the 2008 crisis, Mihály Varga, the finance minister, said on Facebook.
Business Confidence Wavers, Consumer Sentiment Improves in Hungary

Business Confidence Wavers, Consumer Sentiment Improves in Hungary

Sentiment among businesses deteriorated but improved for consumers in December, the latest gauge of confidence by economic research institute GKI shows.
Inflation 7.4% in November in Hungary

Inflation 7.4% in November in Hungary

Consumer prices in Hungary grew by an annual 7.4% in November, after hitting 6.5% in October, the Central Statistical Office (KSH) said on Wednesday.
Fidesz Urges Left Wing to Stop 'Insulting' Hungarians

Fidesz Urges Left Wing to Stop 'Insulting' Hungarians

The communications director of governing Fidesz pressed the left wing to stop “insulting Hungarians” on Saturday, in a video message sent to MTI.
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.
Those Who Refuse Vaccine Put Peoples Lives at Risk, Says Hungarian PM's Chief of Staff

Those Who Refuse Vaccine Put Peoples Lives at Risk, Says Hungarian PM's Chief of Staff

People who refused to be vaccinated put the health and lives of others at risk, Gergely Gulyás, the prime minister’s chief of staff, said, adding that the government had been forced to make mask-wearing compulsory for this reason.
Fidesz Congress Re-Elects PM Orbán as Party Leader

Fidesz Congress Re-Elects PM Orbán as Party Leader

Viktor Orbán, the prime minister, was re-elected as leader of Hungary's ruling Fidesz at the party's 29th congress in Budapest on Sunday.
Hungary To Cap Fuel Prices at HUF 480

Hungary To Cap Fuel Prices at HUF 480

The government has decided to cap the price of petrol and diesel at 480 forints (EUR 1.3) per litre from Nov. 15, the prime minister’s chief of staff has said. Putting a cap on fuel prices may boost the economy and help to reduce inflation, Gergely Gulyás told a regular government press briefing.
Gross Savings Rate in Hungary Below EU Average

Gross Savings Rate in Hungary Below EU Average

The gross savings rate, the proportion of savings in relation to gross earnings, was 15.1% in Hungary in 2020, well below the EU average of 18.3%, leaving the country 18th among the EU27, Portfolio writes.