Seven out of ten Hungarians think that the country’s economy is in bad shape, and every other Hungarian is dissatisfied with their own personal financial…
Immediately after exchange rate markets opened on Thursday, the forint reached new historical lows on Thursday against both the euro and the dollar. The Hungarian…
Hungary’s gross domestic product (GDP) increased by 6.5% in the second quarter compared to the same period in the previous year, while it increased by…
This year will also see a four-day series of events around August 20 to celebrate the founding of the country, the relevant communications agency informed…
Consumer prices in Hungary increased by 11.7% on average compared to a year earlier, according to a new report by the Central Statistical Office (KSH).…
In Thursday’s Government Information briefing, Minister Gergely Gulyás said that energy prices, primarily natural gas prices, were driving the exchange rate, which is why the…
Hungary’s currency appeared to be in free fall on Wednesday, but the country’s pro-government media generally preferred to avoid the topic completely, writes HVG. The…
Justice Minister Judit Varga took part in a meeting of the National Judicial Council (OBT) on June 13 in which she made a surprising admission,…
Opposition party LMP announced its support for a “climate pass” that would be valid for all forms of public transportation, said Péter Ungár, the green…
Viktor Orbán addressed the economic downturn caused by the war in his regular Friday morning radio interview this week. In the interview, the Hungarian Prime…
DK President Ferenc Gyurcsány reacted to the news of the forint’s new historic low against the euro on Monday morning. The former Socialist prime minister…
After hitting 400 on Monday in the foreign exchange market, the forint-euro exchange rate set another record low on Tuesday, reported Magyar Hang. The Hungarian…
Hungary will make some of its strategic oil reserves available for domestic use following the shutdown of the oil refinery in Schwechat, Austria, according to…
The Hungarian forint began to fall after Viktor Orbán’s announcement late on Wednesday that the government would impose special taxes. Portfolio reported that the euro…
Data published by Eurostat shows that Hungary’s public debt-to-GDP ratio went down by 2.8% over the course of last year, from 79.6% to 76.8%. While…
Food prices may go up by 10-20% by the end of the year on average, but the cost of some items could increase by as…
On Monday, the euro exchange rate slumped to 400 forints, with analysts saying that many investors were trying to get rid of riskier regional currencies.…
The Hungarian forint traded at 400 against the euro yesterday, writes business site Portfolio. The forint stated trading at 388 on Monday morning, but soon…
Hungary’s gross domestic product (GDP) grew by 7.1% in 2021 compared to the previous year, the Central Statistical Office (KSH) said on Tuesday. Raw data,…
The government’s liquid reserves, the amount of immediately available funds available on its account with the Hungarian National Bank (MNB), has fallen to a level…