Analysis

Chamber of Commerce Corner, April 22, 2025

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

Analysis

Employee Satisfaction Requires Money, Friends, Supportive Boss

In October last year, when GDP growth was stuck in negative territory, Prime Minister Viktor Orbán announced a solution: “Economic...

Analysis

Surprising Twist in CBAM Story: Simpler Rules on the Way?

Even though the interim period of the mechanism to offset the carbon intensity of import goods, popularly referred to as...

Analysis

BCSDH Business Leaders Call for Immediate, Informed Climate Adaptation

At a recent business breakfast organized by the Business Council for Sustainable Development in Hungary, climate adaptation emerged as a...

Analysis

Japan About More Than Autos in Hungary, but Rising Costs Raise Clouds

In late January, Mihwa Lee was in strange surroundings: standing at a table in the Japanese embassy residence, up in...

Analysis

Editorial: In Praise of Spreading the Growth Around

The industrial and logistics sector continues to be one of the better-performing real estate areas, driven (if you will pardon...

Analysis

Macroeconomic Outlook Revised for the Worse

The National Bank of Hungary (MNB) has completely revised its economic forecasts for this year. Persistently high inflation and lower-than-expected...

Analysis

Agricultural Landscape Shifts as Small Farms Decline, Crop Production Strengthens

The structure of Hungarian agriculture continues to evolve, with the number of farms declining while the dominance of crop production...

Analysis

Can Precision Farming Supercharge Hungarian Agriculture?

The Hungarian economy suffers from the side effects of low productivity, and agriculture is no exception. Precision farming has the...

Analysis

Cybercrime Resilience: Survey Calls for Collective Effort

Hungarian society continues to underestimate the threat posed by cybercrime even though the number of victims reaches tens of thousands...

Analysis

Chamber of Commerce Corner March 21, 2025

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

Analysis

Hungary Becoming a Gateway for Asian Investment

Hungary has become a key gateway for Asian companies seeking to expand into Europe, particularly in high-tech industries such as...

Analysis

Chamber of Commerce Corner, April 4, 2025

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

Analysis

Hungarian CEOs: Optimism for Economic Growth up, With Reservations

Hungarian CEOs are increasingly optimistic about the global and national economic outlook for 2025, but their confidence in their own...

Analysis

PM Orbán Gives Further Tax Breaks to Moms, Pensioners, but who Will Pay?

Prime Minister Viktor Orbán had good news for mothers in Hungary in his “State of the Nation” address on Feb....

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...