Analysis

Chamber of Commerce Corner, June 27, 2025

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information...

Analysis

Industry Shows Some Vital Signs, Inflation Causes Negative Surprise

The volume of industrial production continued to decrease in April, year-over-year, albeit at a slower pace than in recent months....

Analysis

NAV Tightens Online Invoice Reporting Rules, but Delays Enforcement Until September

Hungary’s National Tax and Customs Administration (NAV) has postponed the implementation of stricter rules for its online invoicing system from...

Analysis

Editorial: Planning for the Húsleves Peak Load

Spare a thought for our CEOs. I may have said this before, but there was a point in time when...

Analysis

The Amended EUDR Deadline is Just Around the Corner

Time is running out for Hungarian companies subject to the EU Regulation put in place to curb deforestation. Bence Barta,...

Analysis

Chamber of Commerce Corner, June 16, 2025

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information...

Analysis

Fiscal Council: 2026 Growth Target Achievable, Risks Persist

Despite global economic uncertainty, the government's growth target for 2026 remains attainable, the Fiscal Council said in a statement issued...

Analysis

The EU AI Act: The Time to Act is Now, EY Warns

Compliance with the European Union’s AI Act is becoming a pressing matter for businesses, many of whom may be surprised...

Analysis

Most Hungarians Believe Good Maternity Care Requires Informal Payments, Private Doctors

Financial factors remain the most important for Hungarian parents to feel satisfied with the maternity care their child receives at...

Analysis

Editorial: The Business Case for Keeping an Eye on AI

I often find our annual Special Report, dedicated to Budapest’s legal services market, an interesting way to access what is...

Analysis

Hungary’s Investment Plunge Continues, While Labor Market Concerns Mount

Worrying trends in the Hungarian economy have continued, with investments significantly falling back in the first quarter. The turnaround is...

Analysis

OECD Puts GDP Growth at 0.9% in 2025, 2.4% in 2026

The OECD forecasts Hungary's GDP growth will reach 0.9% in 2025 before accelerating to 2.4% in 2026 in its latest...

Analysis

Hungary’s M&A Rescission Rollercoaster: Legal Flexibility Meets Practical Challenges

A recent Hungarian court decision has opened the door to a controversial yet powerful tool in M&A transactions: the right...

Analysis

Chamber of Commerce Corner, May 30, 2025

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information...

Analysis

Income Inequality and High Deficit Slow Business in Hungary

Inflation, dragging GDP growth, and an excessive budget deficit; economic and financial hardships go hand-in-hand for the Hungarian population and...

Analysis

One in Six Hungarian Adults Has Lost Money to Cyberfraud, CIB Survey Finds

Nearly half of Hungarian adults have encountered a cyberfraud attempt, and 16% have lost money, according to a representative survey...

Analysis

Economic and Geopolitical Uncertainty Should Change how we Grow, not Whether we Grow

Economic volatility, geopolitical disruption, and technological change are making long-term decisions harder for business leaders. Yet uncertainty does not remove...

Analysis

Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit

Hungary’s GDP grew 1.5% year-on-year in the Q3 2026, supported by industry and services, while drought-hit agriculture held back the...

Analysis

Hungary Sets 2030 Euro Readiness Goal in Growth and Deficit Plan

Hungary aims to meet the conditions for euro adoption by 2030 while lifting growth above 3% and reducing budget deficit...

Analysis

Hungarian Business Confidence Improves as Consumer Sentiment Weakens

Business confidence edged higher in Hungary in October, while consumer sentiment deteriorated, according to economic research institute GKI....

Analysis

Kopint-Tárki Forecasts Hungary’s GDP Growth at 2.5% in 2027

Economic research institute Kopint-Tárki expects Hungary’s GDP to grow by approximately 2.5% in 2027, according to a new forecast released...

Analysis

MNB Keeps Base Rate Unchanged, Lower Inflation Target Signals Tighter Stance

The Monetary Council of the National Bank of Hungary (MNB) left Hungary’s benchmark rate at 5.5% at its most recent...

Analysis

Hungarian Business Groups Urge Changes to Draft Wealth Tax

Fourteen Hungarian business organizations have issued a joint statement calling for changes to the proposed wealth tax, including relief for...

Analysis

AI Boom, USD 100 Oil and 5% Bond Yields Reshape Investment Outlook

An AI-driven technology rally, oil prices above USD 100 and U.S. Treasury yields around 5% are reshaping investment opportunities, according...

Analysis

VOSZ Business Confidence Index Declines in Q3 2026

Hungarian business association VOSZ’s business confidence index fell two percentage points to 50% in the third quarter of 2026, according...

Analysis

Editorial: In Praise of the Diplomatic Dance

The improved mood evident across Hungary following the Tisza government’s assumption of power appears to have extended well beyond the...

Analysis

EY Urges Early Preparation for Hungary’s Proposed Wealth Tax

Hungary’s proposed wealth tax could create new obligations for wealthy individuals, trusts and private foundations, with the first assessment generally...

Analysis

IMF Sees Window for Hungary’s Economic Revival, Urges Swift Reforms

Hungary has a “uniquely favorable window of opportunity” to revitalize its economy, but must act quickly to turn market confidence...

Analysis

Equilor: 2033 Earliest Date for Hungary to Adopt the Euro

Hungary could adopt the euro no earlier than 2033, according to a new assessment by Equilor Investment, which acknowledges improving...