• 13 Dec 2025

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Hungarian Opinion: Ruminations On The Post Coronavirus Age

Hungarian Opinion: Ruminations On The Post Coronavirus Age

A left-wing and a pro-government commentator ponder the future after the coronavirus. They both believe that environmental considerations and local production will gain momentum.
Hungary's Wizz Air Fires 1,000 Staff To Mitigate COVID-19 Financial Impact

Hungary's Wizz Air Fires 1,000 Staff To Mitigate COVID-19 Financial Impact

Discount airline Wizz Air announced a decision to fire 1,000 of its employees, a workforce reduction of 19%, and cut salaries in the wake of the financial impact of the coronavirus pandemic, according to a press release sent to the Budapest Business Journal.
Budapest Office Vacancy Put At Historic Low Of 5%

Budapest Office Vacancy Put At Historic Low Of 5%

Total modern office stock in Budapest now stands at around 3.7 million sqm according to the Budapest Research Forum (consisting of CBRE, Cushman & Wakefield, JLL, Colliers International, Eston International and Robertson Hungary).
GKI Consumer Confidence Index On Hungary Plunges In April

GKI Consumer Confidence Index On Hungary Plunges In April

Economic research company GKI’s consumer confidence index has never fallen as much in a month in its history of almost 30 years as in April 2020 though it still stands higher than its historic low measured in April 2009, GKI told MTI.
Coronavirus: Economists Suggest Broad Rescue Spending In Hungary

Coronavirus: Economists Suggest Broad Rescue Spending In Hungary

As the government is already spending hundreds of billions to blunt the impact of the coronavirus outbreak on welfare, financial experts suggest vast spending programmes to rescue Hungary’s human capital.
Forint Under 'Strong Speculative Attack'

Forint Under 'Strong Speculative Attack'

Gergely Gulyás, head of the Prime Minister’s Office, has praised Hungary’s central bank for its “excellent” handling of a “strong speculative attack” against the forint, which he said had been the reason behind the weakening of the national currency to record low levels of 360-370 against the euro.
Forint Strengthens From Historic Low After National Bank Intervention

Forint Strengthens From Historic Low After National Bank Intervention

The forint started strengthening after a historic low on Wednesday following the central bank’s announcement of a tender for one-week deposits.
Forint Hits Historic Low

Forint Hits Historic Low

The forint started at Ft 362 per euro at trading on Wednesday, already a very weak position, and then went into free fall hitting Ft 369.54 against the euro, a new historic low.
Hungarian Business Chamber Proposes Measures To Ease Economic Impact Of Epidemic

Hungarian Business Chamber Proposes Measures To Ease Economic Impact Of Epidemic

The Hungarian Chamber of Industry and Commerce (MKIK) unveiled a new package of proposals it has sent to the government on ways to ease the economic impact of the coronavirus.
Hungarian Opinion: Ruminations On The Post Coronavirus Age

Hungarian Opinion: Ruminations On The Post Coronavirus Age

A left-wing and a pro-government commentator ponder the future after the coronavirus. They both believe that environmental considerations and local production will gain momentum.
Hungary's Wizz Air Fires 1,000 Staff To Mitigate COVID-19 Financial Impact

Hungary's Wizz Air Fires 1,000 Staff To Mitigate COVID-19 Financial Impact

Discount airline Wizz Air announced a decision to fire 1,000 of its employees, a workforce reduction of 19%, and cut salaries in the wake of the financial impact of the coronavirus pandemic, according to a press release sent to the Budapest Business Journal.
Budapest Office Vacancy Put At Historic Low Of 5%

Budapest Office Vacancy Put At Historic Low Of 5%

Total modern office stock in Budapest now stands at around 3.7 million sqm according to the Budapest Research Forum (consisting of CBRE, Cushman & Wakefield, JLL, Colliers International, Eston International and Robertson Hungary).
GKI Consumer Confidence Index On Hungary Plunges In April

GKI Consumer Confidence Index On Hungary Plunges In April

Economic research company GKI’s consumer confidence index has never fallen as much in a month in its history of almost 30 years as in April 2020 though it still stands higher than its historic low measured in April 2009, GKI told MTI.
Coronavirus: Economists Suggest Broad Rescue Spending In Hungary

Coronavirus: Economists Suggest Broad Rescue Spending In Hungary

As the government is already spending hundreds of billions to blunt the impact of the coronavirus outbreak on welfare, financial experts suggest vast spending programmes to rescue Hungary’s human capital.
Forint Under 'Strong Speculative Attack'

Forint Under 'Strong Speculative Attack'

Gergely Gulyás, head of the Prime Minister’s Office, has praised Hungary’s central bank for its “excellent” handling of a “strong speculative attack” against the forint, which he said had been the reason behind the weakening of the national currency to record low levels of 360-370 against the euro.
Forint Strengthens From Historic Low After National Bank Intervention

Forint Strengthens From Historic Low After National Bank Intervention

The forint started strengthening after a historic low on Wednesday following the central bank’s announcement of a tender for one-week deposits.
Forint Hits Historic Low

Forint Hits Historic Low

The forint started at Ft 362 per euro at trading on Wednesday, already a very weak position, and then went into free fall hitting Ft 369.54 against the euro, a new historic low.
Hungarian Business Chamber Proposes Measures To Ease Economic Impact Of Epidemic

Hungarian Business Chamber Proposes Measures To Ease Economic Impact Of Epidemic

The Hungarian Chamber of Industry and Commerce (MKIK) unveiled a new package of proposals it has sent to the government on ways to ease the economic impact of the coronavirus.