Analysis

Fidesz backs drug tests for teens, and maybe some adults

Hungary’s governing party Fidesz is backing a proposal to introduce mandatory annual drug tests for children between the ages of...

Analysis

Online cash registers increase tax revenues by HUF 50 bln

Hungarian daily Magyar Nemzet, which carries government friendly news, today reported that the introduction of cash registers in shops directly...

Analysis

Russian sanctions said to have a cooling effect on Hungary’s economy

Sanctions in Russia, the conflict in Ukraine together with the euro zone’s sluggish economic growth, have had a chilling effect...

Analysis

Government officials: No rush to adopt the euro

After ten years as a member of the European Union, Hungary is still in no hurry to adopt the euro...

Analysis

Report: Hungary PMI climbs to 55.1

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) edged up to 55.1 points in November from 55.0 points in October, the Hungarian...

Analysis

GKI raises 2014 GDP growth forecast to 3.2%

Economic research institute GKI today published that it raised its GDP projection for Hungary to 3.2% by the end of...

Analysis

CEE business leaders plan to raise salaries in 2015

Half of the executives polled by KPMG plan to increase salaries by up to 5% next year, Radio Poland reported....

Analysis

MNB council amends first decree, approves remaining ones on borrowers’ relief refunds

The Financial Stability Council of the National Bank of Hungary (MNB) has amended the first central bank decree and approved...

Analysis

Banks designate for sale 2,072 foreclosed properties for Q4

Financial institutions designated for sale 2,072 foreclosed residential properties for the fourth quarter of this year, data published by the...

Analysis

OECD predicts slowed economic growth in Hungary

The Organisation for Economic Co-operation and Development (OECD) projected that Hungary's GDP growth would slow to 2.1% next year and...

Analysis

Fidesz MP proposes tighter interest spread on converted loans

The parliamentary group of the governing Fidesz party will initiate a tightening of the bill on FX loan conversions to...

Analysis

Ustream wins Streaming Media Readers’ Choice Awards

Hungarian-founded online video streaming service Ustream won in the category of “The Best Live Video Platform” as part of the...

Analysis

OTP Bank announces service disruption

OTP Bank, Hungary's biggest commercial lender, today announced a disruption in services because of a "temporary error of a support...

Analysis

KSH: Q3 GDP growth slows to 3.2%

Hungary's GDP grew 3.2% year-on-year in the third quarter, slowing from 3.9% in the previous quarter, a first reading of...

Analysis

Business outlook improves, chamber survey shows

The biannual gauge of business confidence by the Hungarian Chamber of Commerce and Industry's (MKIK) Economy and Business Research Institute...

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...