• 25 Apr 2024

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IMF Says Hungary's Economy to Return To Growth This Year

IMF Says Hungary's Economy to Return To Growth This Year

The International Monetary Fund (IMF) forecasts the Hungarian economy returning to growth this year and taking its place in the vanguard of the EU’s growth performers next year, Mihály Varga, the finance minister, said on Tuesday, adding that the IMF prognosis echoes that of the latest European Commission projection.
Dobrev: Social Democrat-Green Coalition Knows How to Replace “Orbán’s Regime” in Hungary

Dobrev: Social Democrat-Green Coalition Knows How to Replace “Orbán’s Regime” in Hungary

The Social Democrat-Green coalition is a fulcrum of the opposition that is present throughout the country, knows how to replace “Viktor Orbán’s regime” and “also knows what do afterwards”, Klára Dobrev, the leader of the Democratic Coalition-Socialists-Párbeszéd-Greens European Parliament list, said at a campaign event in Eger, in northern Hungary.
Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.
Family Puzzled After Election Notifications Sent to Dead People in Hungary

Family Puzzled After Election Notifications Sent to Dead People in Hungary

A family from Halásztelek, in Pest county, raised concerns when their grandmother, who passed away in 2017, and a neighbour who left the country in the 1980s and would have been 116 years old, received election notifications, HVG reports.
Police Arrest Slovak Arms Dealers in Hungary, With International Cooperation

Police Arrest Slovak Arms Dealers in Hungary, With International Cooperation

Police in Hungary and Slovakia have arrested Slovak arms dealers who sent weapons to Sweden, Spain, and South Africa, Hungarian law enforcement said on Tuesday, describing the final phase of a multiyear operation.
Budapest-Xian Flight to Launch From Summer

Budapest-Xian Flight to Launch From Summer

A direct flight between Budapest and Xian, the capital of Shaanxi Province, will start operating in the summer, bringing the number of big Chinese cities travellers can reach with direct flights from Budapest to six, the minister of foreign affairs and trade, Péter Szijjártó, announced during a visit to Beijing.
Chinese Investments Worth HUF 6,000 Billion Under Way In Hungary

Chinese Investments Worth HUF 6,000 Billion Under Way In Hungary

Currently there are some 6,000 billion forints (EUR 15.2bn) worth of Chinese investment projects under way in Hungary, creating 25,000 jobs, the foreign ministry quoted Péter Szijjártó, the minister of foreign affairs and trade, as saying in Beijing.
Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Hungary’s taxes are not to blame for high fuel prices, the finance minister said on Monday, adding that taxes on fuels were among the lowest in the European Union.
LIFE Programme: HUF 1.4 Billion Earmarked for Nature Protection by Budapest City Council

LIFE Programme: HUF 1.4 Billion Earmarked for Nature Protection by Budapest City Council

  • 23 Apr 2024 2:02 PM
  • community & culture
Budapest’s municipal council is set to allocate 1.4 billion forints (EUR 3.5m) for the preservation of nature conservation areas after being awarded funding from a European Union scheme, Gergely Karácsony, the city’s mayor, said on Monday, marking Earth Day.
IMF Says Hungary's Economy to Return To Growth This Year

IMF Says Hungary's Economy to Return To Growth This Year

The International Monetary Fund (IMF) forecasts the Hungarian economy returning to growth this year and taking its place in the vanguard of the EU’s growth performers next year, Mihály Varga, the finance minister, said on Tuesday, adding that the IMF prognosis echoes that of the latest European Commission projection.
Dobrev: Social Democrat-Green Coalition Knows How to Replace “Orbán’s Regime” in Hungary

Dobrev: Social Democrat-Green Coalition Knows How to Replace “Orbán’s Regime” in Hungary

The Social Democrat-Green coalition is a fulcrum of the opposition that is present throughout the country, knows how to replace “Viktor Orbán’s regime” and “also knows what do afterwards”, Klára Dobrev, the leader of the Democratic Coalition-Socialists-Párbeszéd-Greens European Parliament list, said at a campaign event in Eger, in northern Hungary.
Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.
Family Puzzled After Election Notifications Sent to Dead People in Hungary

Family Puzzled After Election Notifications Sent to Dead People in Hungary

A family from Halásztelek, in Pest county, raised concerns when their grandmother, who passed away in 2017, and a neighbour who left the country in the 1980s and would have been 116 years old, received election notifications, HVG reports.
Police Arrest Slovak Arms Dealers in Hungary, With International Cooperation

Police Arrest Slovak Arms Dealers in Hungary, With International Cooperation

Police in Hungary and Slovakia have arrested Slovak arms dealers who sent weapons to Sweden, Spain, and South Africa, Hungarian law enforcement said on Tuesday, describing the final phase of a multiyear operation.
Budapest-Xian Flight to Launch From Summer

Budapest-Xian Flight to Launch From Summer

A direct flight between Budapest and Xian, the capital of Shaanxi Province, will start operating in the summer, bringing the number of big Chinese cities travellers can reach with direct flights from Budapest to six, the minister of foreign affairs and trade, Péter Szijjártó, announced during a visit to Beijing.
Chinese Investments Worth HUF 6,000 Billion Under Way In Hungary

Chinese Investments Worth HUF 6,000 Billion Under Way In Hungary

Currently there are some 6,000 billion forints (EUR 15.2bn) worth of Chinese investment projects under way in Hungary, creating 25,000 jobs, the foreign ministry quoted Péter Szijjártó, the minister of foreign affairs and trade, as saying in Beijing.
Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Hungary’s taxes are not to blame for high fuel prices, the finance minister said on Monday, adding that taxes on fuels were among the lowest in the European Union.
LIFE Programme: HUF 1.4 Billion Earmarked for Nature Protection by Budapest City Council

LIFE Programme: HUF 1.4 Billion Earmarked for Nature Protection by Budapest City Council

  • 23 Apr 2024 2:02 PM
  • community & culture
Budapest’s municipal council is set to allocate 1.4 billion forints (EUR 3.5m) for the preservation of nature conservation areas after being awarded funding from a European Union scheme, Gergely Karácsony, the city’s mayor, said on Monday, marking Earth Day.