Gergő Rácz

Party Popularity

Final vote count could deny Fidesz 2/3, LMP seats

The final results of the April 6 elections are due Saturday and may notably rearrange the composition of the new...

Museums

€755 million in EIB financing for Hungary in 2013

The European Investment Bank (EIB) signed €755 million in credit-contracts to finance projects in Hungary in 2013, EIB Vice President...

Food

Survey: Household consumer-item shopping habits little changed

Households in Hungary spent an average of HUF 2,498 (some €8.13) during trips to the store to purchase daily consumer...

Issues

Hungary’s banks given time before next shockwave

From the Budapest Business Journal print edition: The Constitutional Court has given the government the legal means to tinker with...

Recycling

Orbán: Sanctions against Russia best avoided

Economic sanctions against Russia would “best be avoided” because these are neither in the interest of Europe nor Hungary, Prime...

Government

Expert: New campaign system guarantees abuse

From the BBJ print edition: This year sees the introduction of a new election and campaign system that will also...

Opposition alliance reports alleged Matolcsy leak

The left-wing opposition alliance has filed a criminal report against an unknown perpetrator for insider trading, an alliance politician said...

Deals

Eyes on the bright side

Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest...

Int'l Relations

Government levels growth hopes on exports

Expectations that the Hungarian economy will assume a growth trajectory seems to be gaining support from the country’s main export...

Tourism

Orbán: Hungary tourism numbers “remarkable”

Following a meeting with Lake Balaton hotel directors in Siófok on Monday, Prime Minister Viktor Orbán proclaimed that Hungary’s 2013...

Issues

Court rules e-cigarette cartridges not pharmaceutical

A Budapest court has ruled that electronic cigarette cartridges may not be classified as pharmaceuticals, but the state health secretariat...

Analysis

Varga: Ukraine crisis effect on Hungary economy limited

The crisis in Ukraine has so far had only limited impact on Hungary’s economy, but the government is watching developments...

Retail

Uphill rollout facing Hungary’s digital literacy

From the Budapest Business Journal print edition: Hungary is once more embarking on the seemingly straightforward – but as experience...

History

PM: Slovakia-Hungary gas connection this month

The interconnector linking Hungary's and Slovakia's natural gas networks will be inaugurated before the end of this month, Prime Minister...

EU

Survey: EU popularity growing in Hungary

The European Union is seen more favorably by the Hungarian public than before and its institutions are trusted above the...

Government

Helping Hungary’s Best Innovators Become Even Better

There is no shortage of innovation in Hungary, with plenty of ongoing research and development, but even the best and...

Analysis

Could Ukraine War Trigger a Meltdown for Paks 2 Project?

Despite the country’s commitment to electricity generation over emission-producing fossil-based energy sources, the prospect of doubling Hungary’s nuclear energy output...

Energy Trade

Is Cabinet Mulling Action on Fuel Costs to Boost Growth?

While 2023 seems to be something of a write-off in terms of economic development for the government, the messaging generally...

Analysis

Wizz Air Faces Challenging Post-COVID Ascent

Low-cost carrier Wizz Air is gradually clawing its way back from the devastating blow dealt by the pandemic to the...

Sustainability

MOL Sets Sights on Self-sustainability

Hungary-based energy multinational MOL has seen troubled times along with its peers, but its latest figures show a significant rebound....

Analysis

Companies Challenged to Crack Code of ESG, Inflation

This year brings familiar but no less troubling concerns for businesses looking to operate in Hungary or across its borders...

Analysis

Country Border Poses High Hurdle for Would-be Hungarian Champions

Exploring and conquering new markets is an obvious means of growth and development for companies; in Hungary, it is also...

Government

Parliament Passes 2024 Budget Despite Many Uncertainties

The government majority has passed the country’s annual budget amidst widespread criticism from the political opposition and numerous doubts voiced...

History

On Hungary’s first 10 years in the new Europe

From the Budapest Business Journal print edition: It’s been 10 years since Hungary became a member of the European Union....

Competition

Punishing times for Hungary’s banks

From the Budapest Business Journal print edition: The deadline is fast approaching when banks will have to fork out a...

Telco

Online music sales climb 50% in Hungary

Online music sales in Hungary rose 50% to almost HUF 500 million last year, data from the Hungarian Association of...

EU

€24 billion net EU funding for Hungary in 2007-2013

Preliminary data indicates that Hungary received net European Union funding of €24 billion during the EU’s 2007-2013 budgetary cycle, European...

Food

Analysts: Hungary CPI to accelerate despite soft March data

Hungary's consumer inflation is set to jump higher later this year on the back of base effects stemming from the...

Automotive

Burgeoning electric car market on uphill road

Though still a fledgling niche worldwide, the electric automobile market is expanding and its full potential has yet to be...

Sights

Infocommunications authority halts media group merger

The competition authority has halted the merger of the Ringier and Axel-Springer media groups until the National Media and Infocommunications...

Helping Hungary’s Best Innovators Become Even Better

There is no shortage of innovation in Hungary, with plenty of ongoing research and development, but even the best and...

Could Ukraine War Trigger a Meltdown for Paks 2 Project?

Despite the country’s commitment to electricity generation over emission-producing fossil-based energy sources, the prospect of doubling Hungary’s nuclear energy output...

Is Cabinet Mulling Action on Fuel Costs to Boost Growth?

While 2023 seems to be something of a write-off in terms of economic development for the government, the messaging generally...

Wizz Air Faces Challenging Post-COVID Ascent

Low-cost carrier Wizz Air is gradually clawing its way back from the devastating blow dealt by the pandemic to the...

MOL Sets Sights on Self-sustainability

Hungary-based energy multinational MOL has seen troubled times along with its peers, but its latest figures show a significant rebound....

Companies Challenged to Crack Code of ESG, Inflation

This year brings familiar but no less troubling concerns for businesses looking to operate in Hungary or across its borders...

Country Border Poses High Hurdle for Would-be Hungarian Champions

Exploring and conquering new markets is an obvious means of growth and development for companies; in Hungary, it is also...

Parliament Passes 2024 Budget Despite Many Uncertainties

The government majority has passed the country’s annual budget amidst widespread criticism from the political opposition and numerous doubts voiced...

On Hungary’s first 10 years in the new Europe

From the Budapest Business Journal print edition: It’s been 10 years since Hungary became a member of the European Union....

Punishing times for Hungary’s banks

From the Budapest Business Journal print edition: The deadline is fast approaching when banks will have to fork out a...

Online music sales climb 50% in Hungary

Online music sales in Hungary rose 50% to almost HUF 500 million last year, data from the Hungarian Association of...

€24 billion net EU funding for Hungary in 2007-2013

Preliminary data indicates that Hungary received net European Union funding of €24 billion during the EU’s 2007-2013 budgetary cycle, European...

Analysts: Hungary CPI to accelerate despite soft March data

Hungary's consumer inflation is set to jump higher later this year on the back of base effects stemming from the...

Burgeoning electric car market on uphill road

Though still a fledgling niche worldwide, the electric automobile market is expanding and its full potential has yet to be...

Infocommunications authority halts media group merger

The competition authority has halted the merger of the Ringier and Axel-Springer media groups until the National Media and Infocommunications...