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Friday 24 Nov 2017
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World Bank: Hungary Business Environments Competitive With Rest Of EU
Hungarian cities outperform the European Union average in a number of areas of doing business, according to new a report by the World Bank presented in Székesfehérvár, in central Hungary. more »
Talks On Vietnam-Hungary Cooperation
Cooperation between Vietnam and Hungary was in the focus of talks between Foreign Minister Péter Szijjártó and head of the Ho Chi Minh City People’s Committee, Nguyen Thanh Phong, on Friday. Ho Chi Minh City is Vietnam’s economic centre that produces a quarter of the country’s GDP, the foreign ministry noted in a statement. more »
Hungary Must Not Give Up Euro-Zone Aspirations, Says Varga
Hungary’s economic policy cannot lose sight of its long-term goal to enable the country to eventually join the euro zone, the economy minister said on Thursday. Addressing a business lunch organised by the Joint Venture Alliance, Mihály Varga insisted at the same time that Hungary was in no rush to adopt the euro. more »

National Bank Of Hungary Lowers Inflation Forecast To 2.4pc For 2017


National Bank Of Hungary Lowers Inflation Forecast To 2.4pc For 2017
The National Bank of Hungary (NBH) lowered its inflation forecast for this year in a quarterly forecast released on Tuesday. The central bank lowered its CPI forecast for 2017 to 2.4 percent in its quarterly Inflation Report from 2.6 percent in the previous report published in March. more »

Employers Evade Minimum Wage Laws


Employers Evade Minimum Wage Laws
Employers faced with rising wage costs have found a way to circumvent legal obligations by employing more part-time people, Világgazdaság writes. more »

LMP Blames Government For ‘Opening Gap’ With Region


LMP Blames Government For ‘Opening Gap’ With Region
The opposition LMP party has blamed the government for Hungarian living standards falling behind other countries in the region. Erzsébet Schmuck, LMP’s deputy group leader, cited Eurostat figures at a press conference held on Tuesday, saying that Hungary’s consumption stood at 63 percent of the European Union average. more »



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