Analysis

Global Pressures, Geopolitical Uncertainties and Digitalization: Tax in 2025

We asked several of the leading taxation specialists based in Budapest to mark our card for what to look for...

Analysis

Significant Changes Ahead for Business

As the EU prepares to implement the VAT in the Digital Age (ViDA) package, businesses across the region face a...

Analysis

Hungarians Still Lag in Preventative Healthcare Spending

Despite recognizing the importance of proactive health management, Hungarians primarily rely on vitamins as their primary preventive measure, according to...

Analysis

Microsoft Highlights Power of Copilot, Cybersecurity Risks as AI Tour Makes a Stop in Budapest

Microsoft has made Copilot Chat available for free to promote the adoption of AI-powered solutions. Business leaders and IT professionals...

Analysis

ESG-related Expectations are Here to Stay, BÉT Says

Listed companies have been under constant pressure from regulators, investors and customers to comply with ESG related rules. The Budapest...

Analysis

Seed Executive School Celebrates 10 Years of Leadership Education

Founded in 2014, Seed Executive School has developed a wide range of leadership training programs over the past decade and...

Analysis

Accountants vs Automation: The ‘Death’ of a Profession?

Accountancy is one of the fields that stands to be significantly impacted by widespread automation. Given the pace of change,...

Analysis

Hungarian BSC Sector: AI-readiness Wanted

The widespread adoption of automation is a natural step in the business services sector, known for keeping pace with tech...

Analysis

Chamber of Commerce Corner, February 21, 2025

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

Analysis

Hungarian Businesses Must Multiply Efforts to Curb Climate Change

Hungarian companies committed to sustainability are making strides in climate action, but experts argue the level of effort remains insufficient...

Analysis

Technical Recession is Over, but Risks Still Persist

The Hungarian economy grew by 0.5% in the fourth quarter of 2024, lifting itself out of recession, according to recent...

Analysis

Hungary’s 1st Mandatory ESG Reports due for Publication in 2025

Obligations under Hungary’s ESG Act were phased in from the start of the 2024 financial cycle, with 2025 marking the...

Analysis

Equilor Warns 2025 Could Be Another Uncertain Year for Global Economy

The economic environment worldwide may remain uncertain in 2025, primarily influenced in the short term by U.S. President Donald Trump’s...

Analysis

TI Hungary: Hungary EU’s Most Corrupt Country for 3rd Year in a Row

Transparency International Hungary said on Tuesday that Hungary has retained its ranking as the EU’s most corrupt country for the...

Analysis

Why Employee Well-being Needs a Seat at the Strategy Table

Employee well-being should become a key factor in corporate strategy-making in the business services sector, given that the bulk of...

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...