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US Hungary Business Council Brings Second Annual Mission To Budapest
The US Hungary Business Council (USHBC) brought its second annual business mission to Budapest on Tuesday. Hungary aims to strengthen its economic ties with the United States, state secretary for economic diplomacy Levente Magyar said after meeting with the USHBC mission. USHBC chairman Eric Stewart noted that the US is the second-biggest foreign investor in Hungary after Germany, adding that American companies want to take the top position. more »
Hungary Jobless Rate Falls To 4.4 Pc
Hungary’s rolling average three-month jobless rate fell to 4.4 percent in March-May from 4.6 percent in the previous period, the Central Statistical Office (KSH) said on Wednesday. The rate which covers unemployment among 15-74 year-olds was lower than 5.5 percent in the same period a year earlier. In absolute terms, there were 203,100 unemployed in Hungary in March-May, 5,900 less than in February-April and 47,600 less than in the same period a year earlier. more »
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


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 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 »



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