The autonomy is good both for the majority and the minority – experts from South Tyrol say

Magyar Szív - Magyar Szó (Hungarian Heart - Hungarian Word) Foundation organized a conference in Budapest on which experts from the...

Foreign trade trends of 2018 in Hungary

Last year’s forecasts predicted a slight fall in Hungary’s foreign trade balance in the year of 2018. As the inflow of EU cohesion sources...

Budapest has the highest growth of property prices in the world

According to data from the Global Residential Cities Index, in the last quarter of 2018, Budapest was the city with the fastest growing...

How much of Hungary’s wealth does the richest 10% control?

Even back in 2014, the concentration of wealth amongst the top 10% richest Hungarians was unprecedented. Based on the latest estimates as...

Government official: Hungary’s economy is a ‘success story’

The Hungarian economy is "a success story", a finance ministry state secretary said, attending the regular spring session of the International...

Hungarian Eximbank signs deal with Bancomext in Mexico

Hungary's Eximbank signed an agreement with Latin American development bank Bancomext of Mexico on supporting Hungarian corporate investments...

Hungary signs an agreement on aid to Mexico church reconstruction

Foreign Minister Péter Szijjártó held talks in Mexico on economic issues on Tuesday and he is scheduled to sign an agreement on Hungary...

IMF raises GDP growth forecast for Hungary

The International Monetary Fund (IMF) raised its projection for Hungary's GDP growth this year to 3.6 percent in its fresh World Economic...

Hungarian economy minister discusses Budapest-Belgrade railway upgrade in Beijing

Finance Minister Mihály Varga has met with leaders of the Export-Import Bank of China in Beijing to discuss upgrading the Budapest-Belgrade...

Average Hungarian household has net assets of 84,000 euros – Survey

The net assets of an average Hungarian household stood at 27 million forints (EUR 84,000) at the end of 2017, up 48 percent from 2014, the...

What are the most attractive countries for your business expansion?

Hungary trade surplus grows to EUR 891 m in February

Hungary had an 891 million euros trade surplus in February, widening by 49 million euros from the same period a year earlier, the first...

Hungary guest of honour at China trade fair

Hungary is guest of honour at the 13th China Henan Investment and Trade Fair which runs between April 8 and 11 in Zhengzhou, the centre of...

HungaryTrends – Main business and finance news from previous week

See below main business and financial news from the previous week: ECB MONITORS NBH INVOLVEMENT IN BOURSE The European...

Home purchase scheme for village residents to be launched in July

The government will launch a special version of its Home Purchase Subsidy Scheme for Families, known by its Hungarian acronym "CSOK",...

Hungary-Ohio cooperation to yield hundreds of jobs, says foreign minister in Columbus

An economic cooperation agreement to be signed between Hungary and the US state of Ohio will yield hundreds of jobs in high-tech, high...

Retail sales in Hungary growth accelerates to 8.4 pc in February

Retail sales in Hungary grew by an annual 8.4 percent in February, the Central Statistical Office (KSH) said on Wednesday. Growth...

Shocking! Half of the EU funds to HU go to two Austrian companies and gov close businessmen

When Günther Oettinger, the European Commissioner for Budget and Human Resources, revealed that most of the EU funds flowing into Eastern...

Orbán cabinet: Hungarian family support policy is seen as a model

The Hungarian government's family support policy is seen as a model and "a reference point" to be followed, Katalin Novák, the state...

Hungarian parliament passes amendments paving way for expanded family support

Lawmakers on Monday approved amendments to legislation necessary for the expansion of government measures supporting families with...

Hungary 2018 budget deficit 2.2 pc of GDP, under target

Hungary's budget deficit, calculated according to the European Union's accrual-based accounting rules, came to 2.2 percent of GDP last year,...