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State of Nation Address: 2023 is

State of Nation Address: 2023 is "Dangerous Year" for Hungary, says Orbán

If 2022 was the hardest year since Hungary's change in political system, then 2023 will be its "most dangerous year", Viktor Orbán said in a speech assessing the nation over the past year.
Inflation Expected to Fall to Single Digits by End 2023 - Hungary's Economy Minister

Inflation Expected to Fall to Single Digits by End 2023 - Hungary's Economy Minister

Economic growth may slow to 1.5% this year, but Hungary can avoid recession, and GDP might jump as high as 4% in 2024, the economy development minister told the weekly Mandiner.
HUF 700 Billion Business Credit Scheme Launching in Hungary

HUF 700 Billion Business Credit Scheme Launching in Hungary

Hungary’s government will launch a 700 billion forint (EUR 1.8bn) subsidised credit scheme for businesses from February, the ministry of economic development said.
Sales of Homes in Hungary Hit Eight-Year Low

Sales of Homes in Hungary Hit Eight-Year Low

Home sales were down 19% year-on-year and 43% month-on-month to 6,474 in December, the lowest figure for the year, according to estimates by real estate broker Duna House.
Goals for 2023 Outlined by Orbán

Goals for 2023 Outlined by Orbán

The prime minister, addressing an international press conference on Wednesday, hailed Hungary's "exceptional performance" in what he called the country's "most difficult year" since its change of regime.
Huge HUF Hole in Newly Approved Budapest City Budget

Huge HUF Hole in Newly Approved Budapest City Budget

The Budapest General Assembly adopted the 2023 budget on Wednesday, projecting 407.8 billion forints (EUR 990.3m) in revenues and 465.3 billion in expenditures.
Household Credit Down 38% in Hungary

Household Credit Down 38% in Hungary

The banking sector extended a total of Ft 138 billion in new household loans in October, down by 38.3% from a year earlier, the MNB announced on Friday.
MPs Approve Tax Changes on Home Construction, Advertising in Hungary

MPs Approve Tax Changes on Home Construction, Advertising in Hungary

Lawmakers voted on Tuesday to extend the preferential VAT rate on home construction and exempt advertising companies from a sectoral tax.
Housing Sales in Hungary Hit Lowest Level This Year

Housing Sales in Hungary Hit Lowest Level This Year

Home sales in Hungary fell 9% on a monthly basis and by 28% year-on-year to 8,859 in October, the lowest level this year, real estate broker Duna House said in a monthly estimate.
State of Nation Address: 2023 is

State of Nation Address: 2023 is "Dangerous Year" for Hungary, says Orbán

If 2022 was the hardest year since Hungary's change in political system, then 2023 will be its "most dangerous year", Viktor Orbán said in a speech assessing the nation over the past year.
Inflation Expected to Fall to Single Digits by End 2023 - Hungary's Economy Minister

Inflation Expected to Fall to Single Digits by End 2023 - Hungary's Economy Minister

Economic growth may slow to 1.5% this year, but Hungary can avoid recession, and GDP might jump as high as 4% in 2024, the economy development minister told the weekly Mandiner.
HUF 700 Billion Business Credit Scheme Launching in Hungary

HUF 700 Billion Business Credit Scheme Launching in Hungary

Hungary’s government will launch a 700 billion forint (EUR 1.8bn) subsidised credit scheme for businesses from February, the ministry of economic development said.
Sales of Homes in Hungary Hit Eight-Year Low

Sales of Homes in Hungary Hit Eight-Year Low

Home sales were down 19% year-on-year and 43% month-on-month to 6,474 in December, the lowest figure for the year, according to estimates by real estate broker Duna House.
Goals for 2023 Outlined by Orbán

Goals for 2023 Outlined by Orbán

The prime minister, addressing an international press conference on Wednesday, hailed Hungary's "exceptional performance" in what he called the country's "most difficult year" since its change of regime.
Huge HUF Hole in Newly Approved Budapest City Budget

Huge HUF Hole in Newly Approved Budapest City Budget

The Budapest General Assembly adopted the 2023 budget on Wednesday, projecting 407.8 billion forints (EUR 990.3m) in revenues and 465.3 billion in expenditures.
Household Credit Down 38% in Hungary

Household Credit Down 38% in Hungary

The banking sector extended a total of Ft 138 billion in new household loans in October, down by 38.3% from a year earlier, the MNB announced on Friday.
MPs Approve Tax Changes on Home Construction, Advertising in Hungary

MPs Approve Tax Changes on Home Construction, Advertising in Hungary

Lawmakers voted on Tuesday to extend the preferential VAT rate on home construction and exempt advertising companies from a sectoral tax.
Housing Sales in Hungary Hit Lowest Level This Year

Housing Sales in Hungary Hit Lowest Level This Year

Home sales in Hungary fell 9% on a monthly basis and by 28% year-on-year to 8,859 in October, the lowest level this year, real estate broker Duna House said in a monthly estimate.