• 26 Jun 2024

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Is High Inflation in Hungary Really Caused by the War in Ukraine?

Is High Inflation in Hungary Really Caused by the War in Ukraine?

Consumer prices in Hungary were 16 percent higher in August than a year earlier, as the Hungarian government continues to talk of wartime inflation.
Hiring Foreign Guest Workers Harms Economy, Says Budapest Mayor Karácsony

Hiring Foreign Guest Workers Harms Economy, Says Budapest Mayor Karácsony

Employing guest workers through hiring companies will negatively impact the labour market in the long run, the mayor of Budapest said on Tuesday, adding that the city of Budapest will not allow such practices for its own companies
Top Spot for Chinese Investors in Central Europe is Now Hungary

Top Spot for Chinese Investors in Central Europe is Now Hungary

Addressing the sixth China International Import Expo in Shanghai, Economic Development Minister Márton Nagy underlined Hungary’s opposition to policies supporting the formation of geopolitical blocs, saying the country strived for connectivity between East and West.
Home Building in Hungary Sees Steep Decline

Home Building in Hungary Sees Steep Decline

Housing construction remains in a slump, as only 10,808 homes were completed in the first nine months of 2023, down 21% year-on-year, the statistics office KSH reported.
Key Telco Business in Hungary Predicted to See Profits Jump

Key Telco Business in Hungary Predicted to See Profits Jump

Brokerage Concorde raised its target price for Magyar Telekom shares from Ft 600 to Ft 950, a potential appreciation of more than 60% compared to the closing price.
Why Was Flag Flown at Half-Mast in Front of Hungarian Parliament on Saturday?

Why Was Flag Flown at Half-Mast in Front of Hungarian Parliament on Saturday?

Hungary’s flag was hoisted and lowered to half-mast in front of Parliament on Saturday morning, in commemoration of the anniversary of the defeat of the 1956 uprising against Soviet rule
Record Number of Foreign Buyers in the Hungarian Real Estate Market

Record Number of Foreign Buyers in the Hungarian Real Estate Market

While the real estate market in Hungary has seen a decline, an increasing number of foreigners are making investments in the country.
Details Revealed of 3 Key Questions in Next National Consultation Survey in Hungary

Details Revealed of 3 Key Questions in Next National Consultation Survey in Hungary

The government’s next National Consultation survey will include three questions on economic issues that substantially impact the Hungarian economy and the lives of Hungarian families and address “Brussels’s efforts to force its own will upon us”, the government spokeswoman said.
Hungary to Continue Phasing Out Sectoral Taxes

Hungary to Continue Phasing Out Sectoral Taxes

The government will continue to gradually phase out special taxes on some sectors of the economy, the finance ministry said prior to submitting a bill on tax changes for next year to lawmakers.
Is High Inflation in Hungary Really Caused by the War in Ukraine?

Is High Inflation in Hungary Really Caused by the War in Ukraine?

Consumer prices in Hungary were 16 percent higher in August than a year earlier, as the Hungarian government continues to talk of wartime inflation.
Hiring Foreign Guest Workers Harms Economy, Says Budapest Mayor Karácsony

Hiring Foreign Guest Workers Harms Economy, Says Budapest Mayor Karácsony

Employing guest workers through hiring companies will negatively impact the labour market in the long run, the mayor of Budapest said on Tuesday, adding that the city of Budapest will not allow such practices for its own companies
Top Spot for Chinese Investors in Central Europe is Now Hungary

Top Spot for Chinese Investors in Central Europe is Now Hungary

Addressing the sixth China International Import Expo in Shanghai, Economic Development Minister Márton Nagy underlined Hungary’s opposition to policies supporting the formation of geopolitical blocs, saying the country strived for connectivity between East and West.
Home Building in Hungary Sees Steep Decline

Home Building in Hungary Sees Steep Decline

Housing construction remains in a slump, as only 10,808 homes were completed in the first nine months of 2023, down 21% year-on-year, the statistics office KSH reported.
Key Telco Business in Hungary Predicted to See Profits Jump

Key Telco Business in Hungary Predicted to See Profits Jump

Brokerage Concorde raised its target price for Magyar Telekom shares from Ft 600 to Ft 950, a potential appreciation of more than 60% compared to the closing price.
Why Was Flag Flown at Half-Mast in Front of Hungarian Parliament on Saturday?

Why Was Flag Flown at Half-Mast in Front of Hungarian Parliament on Saturday?

Hungary’s flag was hoisted and lowered to half-mast in front of Parliament on Saturday morning, in commemoration of the anniversary of the defeat of the 1956 uprising against Soviet rule
Record Number of Foreign Buyers in the Hungarian Real Estate Market

Record Number of Foreign Buyers in the Hungarian Real Estate Market

While the real estate market in Hungary has seen a decline, an increasing number of foreigners are making investments in the country.
Details Revealed of 3 Key Questions in Next National Consultation Survey in Hungary

Details Revealed of 3 Key Questions in Next National Consultation Survey in Hungary

The government’s next National Consultation survey will include three questions on economic issues that substantially impact the Hungarian economy and the lives of Hungarian families and address “Brussels’s efforts to force its own will upon us”, the government spokeswoman said.
Hungary to Continue Phasing Out Sectoral Taxes

Hungary to Continue Phasing Out Sectoral Taxes

The government will continue to gradually phase out special taxes on some sectors of the economy, the finance ministry said prior to submitting a bill on tax changes for next year to lawmakers.