Analysis

Web 2.0 report: Hungarian youth like Viber

Hungaryʼs social media scene seems to be changing, although Facebook is still unrivaled as market leader, online news portal hvg.hu...

Analysis

Forint mixed on interbank market

The forint traded at 309.61 to the euro shortly after 17:30 on Thursdayʼs interbank market, firming from 310.09 late Wednesday....

Analysis

Commerzbank introduces renminbi accounts in Hungary

As of October, clients of Commerzbank Group in Hungary can keep accounts in Chinese renminbi, according to an announcement issued...

Analysis

Invitel extends broadband internet to 160,000 homes

In reaction to fast developing market trends, Hungarian telco Invitel will bring 100 Mbit/sec broadband internet access to approximately 160,000...

Analysis

IMF lifts Hungaryʼs 2015 GDP growth forecast to 3%

The International Monetary Fund raised its projection for economic growth in Hungary this year to 3.0% in its fresh World...

Analysis

MNB fines Commerzbank for HUF 20 mln

The National Bank of Hungary (MNB) fined Commerzbank HUF 20 mln for deficiencies it found in the bank’s operations of...

Analysis

Budapestʼs bike sharing system expands further

Budapestʼs bike sharing system, MOL BuBi, has become available in 11 districts of the capital, with 1,150 bikes, 2,159 docking...

Analysis

Refugee found dead in Hungarian truck near Calais

A 20-year-old refugee was found dead in a Hungarian truck transporting wooden pallets near the port of Calais, France, French...

Analysis

Hungary sees fewer registered job seekers in August

The number of job seekers in Hungary fell to 339,000 from 362,000 at the end of July 2015, down from...

Analysis

EDF DÉMÁSZ to lower electricity prices by on July 1

Regional electricity distributor EDF DÉMÁSZ, servicing South-Hungary will decrease the average price it charges to retail clients for its services...

Analysis

Government, MTel reach agreement on expanding broadband access

Magyar Telekom, the subsidiary of telco giant Deutsche Telecom, has agreed to bring broadband internet to a further 230,000 Hungarian...

Analysis

GVH finds no violations, L’Oreal opts to change its practices

Although Hungary’s Competition Office (GVH) found no violations during a probe of L’Oreal’s Hungarian subsidiary, the company still promised to...

Analysis

Danubius shares to be delisted

The shares of Danubius Hotel and Spa will be delisted from the Budapest Stock Exchange from September 25, the bourse...

Analysis

Croatian retail loan conversion to cost OTP HUF 7.2 bln

OTP Bank on Friday said that conditions on the conversion of Swiss franc-denominated retail loans into euro loans, approved by Croatian...

Analysis

Report: Buda-Cash suspectsʼ pre-trial detention extended

At the request of Budapest’s chief prosecutor, a Hungarian court has extended the pre-trial detention of three suspects in the...

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...