MTI

Energy Trade

Stored Natural Gas Rises to 6 bln Cubic Meters

With 6 billion cubic meters of natural gas in storage facilities, Hungary is suitably prepared for winter, the energy ministry...

Tourism

Hungary Celebrates World Tourism Day With Record Numbers

Hungary is celebrating World Tourism Day after a record summer, the Hungarian Tourism Agency said on Friday, according to a...

City

Karácsony: ‘We Have Taken Our City Back’ From Flood

The embankments on both sides of the Danube in Budapest have been re-opened to traffic, Gergely Karácsony, the city's mayor,...

Analysis

EBRD Puts Hungary GDP Growth at 1.8% in 2024, 3.3% in 2025

The European Bank for Reconstruction and Development (EBRD) forecasts Hungary's GDP will grow by 1.8% in 2024 and 3.3pc in...

World

Szijjártó Calls for Prevention of Regional War in Middle East

Foreign Minister Péter Szijjártó on Wednesday called for "sobriety" on the part of the countries in the Middle East in...

Government

Orbán: Rivers Receding Fast

The upper section of the Danube is fast receding, and 510 km were being protected on Monday, 200 km less...

EU

Bóka: European Competitiveness Presidency’s Top Priority

Boosting EU competitiveness is the top priority of the Hungarian EU presidency, European affairs minister János Bóka said in Brussels...

MNB

Policymakers Cut Base Rate 25 bp to 6.5%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25...

EU

EC: Hungary Can Apply for Flood Relief

Hungary can apply for funds from the European Union resources earmarked for aid for flood-hit countries by submitting damage assessment...

Ratings

Scope Affirms Magyar Telekom BBB+ Issuer Rating

Scope Ratings has affirmed the BBB+ issuer rating of Magyar Telekom and revised the outlook to stable, the telco said...

Government

DK Calls on Gov’t to Abandon ‘Austerity’

The opposition Democratic Coalition (DK) has accused the government of planning to usher in an "austerity package" containing 130 measures....

Budapest

Karácsony: Budapest Passes Flood Defense Test

Budapest has "passed the flood defense test", Gergely Karácsony, the city's mayor, told a press conference held near the River...

Government

Forecasts Accurate So Far, Key to Flood Defense, Orbán Says

Forecasts of flood peaks have been accurate so far, and this is key to the success of defense efforts, Prime...

Analysis

Hungary’s Business Confidence Improves in September

Business sentiment improved in Hungary in September, while consumer confidence remained largely unchanged, according to a monthly survey by economic...

Analysis

EBRD Maintains Hungary Growth Forecast at 1.8% for 2026

The European Bank for Reconstruction and Development (EBRD) forecasts Hungary’s economy will expand by 1.8% in 2026 and 2.5% in...

Government

Magyar Casts Doubt on Tisza Support for Chief Prosecutor Nominee

PM Péter Magyar said Monday that the ruling Tisza Party was unlikely to support Zoltán Szathmáry’s nomination as chief public...

Magyar Invites Pope Leo XIV to Hungary After Vatican Talks

Prime Minister Péter Magyar invited Pope Leo XIV to visit Hungary during a private audience at the Vatican on Sept....

Hungary’s Business Confidence Improves in September

Business sentiment improved in Hungary in September, while consumer confidence remained largely unchanged, according to a monthly survey by economic...

EBRD Maintains Hungary Growth Forecast at 1.8% for 2026

The European Bank for Reconstruction and Development (EBRD) forecasts Hungary’s economy will expand by 1.8% in 2026 and 2.5% in...

EC Proposes Unlocking EUR 4.2 Bln in Funding for Hungary

The EC has proposed that the Council reinstate EUR 4.2 bln in suspended cohesion funding for Hungary and restore access...

Former Central Bank Governor Matolcsy Questioned as Suspect in Erste Case

Police have questioned seven suspects, including former National Bank of Hungary Governor György Matolcsy, in an investigation into alleged abuse...

EU Project Pre-Financing Pushes August Budget Deficit to HUF 2.31 tln

Hungary’s cash flow-based general government deficit reached HUF 2.31 tln in August, driven overwhelmingly by pre-financing for projects supported by...

Magyar Casts Doubt on Tisza Support for Chief Prosecutor Nominee

PM Péter Magyar said Monday that the ruling Tisza Party was unlikely to support Zoltán Szathmáry’s nomination as chief public...

Government to Terminate MKIF Motorway Concession, Magyar Says

Hungary’s government will terminate its motorway concession contract with MKIF and file a formal complaint, Prime Minister Péter Magyar said...

BMW Debrecen Adds Third Shift to Meet Strong iX3 Demand

BMW is introducing a third shift at its Debrecen factory and moving to 24-hour operations to accelerate production of its...

Budapest Repays HUF 67 bln Overdraft but Faces HUF 86 bln Solidarity Bill

Budapest has repaid a HUF 67 bln overdraft after receiving local business tax advances, but the capital still needs a...

All Hungarian University Students to Regain Erasmus Access by October, Official Says

Hungarian university students will have the opportunity to participate in the Erasmus mobility program by October, with some able to...

Hungarian Teen Detained Over Alleged Terrorist Threats After FBI Tip

Hungarian police have detained a 16-year-old boy in Győr on suspicion of making terrorist threats after the FBI alerted authorities...

House of Terror Museum to Close Temporarily as Tarr Dismisses Director Mária Schmidt

Budapest’s House of Terror Museum will close temporarily for a clarification of rights issues, Culture and Social Relations Minister Zoltán...

Hungary to Direct HUF 90 bln From Tobacco Tax Increases to Healthcare

Hungary will use revenue from higher tobacco excise duties to provide additional funding for healthcare, the government said Tuesday, citing...

Hungary Selects Ildikó Enyedi’s ‘Silent Friend’ as Oscar Entry

Ildikó Enyedi’s “Silent Friend,” starring Tony Leung Chiu-wai, will represent Hungary in the int'l feature film category at the 99th...