Analysis

Analysis

Hungary’s Industry Continues its Nosedive

Hungarian industry performed at its poorest level in four years in September. Based on the latest data, production is decreasing...

Analysis

Trump, Tariffs, Presidencies and Economics

Perhaps understandably, we spent a fair chunk of our time at the latest Budapest Business Journal CEO Boardroom Meeting on...

Analysis

Hungary’s Economy: Growth Ambitions Must Overcome Regulations and Taxes

While the government aims to put the economy back on a growth track with its new action plan, business leaders...

Analysis

EU Competitiveness: 10th BMG Summit Talks Harsh Realities and Ways Forward

Most observers agree Europe must catch up with her global rivals. The 10th edition of the Business Meets Government Summit,...

Analysis

Property Developers’ Outlook Improves

Hungary's property development market "bottomed out" in 2024 but is expected to recover in 2025, supported by economic growth and...

Analysis

Born and Raised Digital and Going Stronger Than Ever

Gránit Bank’s vision has been based on a two-pillar business model from its launch: offering cutting-edge digital retail services and...

Analysis

Hungarian Economy to Gain Momentum in 2025, CIB Analysts Say

The Hungarian economy is forecast to grow at a pace exceeding 3% in 2025, according to the latest macroeconomic analysis...

Analysis

Chamber of Commerce Corner, November 4, 2024

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

Analysis

Chamber of Commerce Corner, November 15, 2024

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

Analysis

8,000 Breast Cancer Diagnoses Made Every Year in Hungary

Breast cancer remains one of the leading types among adult women and increasingly affects younger age groups, experts highlighted at...

Analysis

United Call Centers Wins Platinum at U.S. Titan Business Awards

America’s Titan Business Awards has recognized United Call Centers in the Customer Service: Artificial Intelligence category. The Hungarian service provider,...

Analysis

Hungary Faces the Return of the Technical Recession

The latest GDP data fell short of even the worst expectations. In a significant negative surprise, the performance of the...

Analysis

Editorial: In Praise of (Well-targeted) Incentives

Some decry government incentives as market distortion. Leave well enough alone and let the economic trends play out, goes the...

Analysis

Banking Sector’s Annual Blood Donation Drive Grows from 1 Week to 1 Month

The Bank Blood Donor Week marks its fifth anniversary, with the banking sector coming together to raise awareness about the...

Analysis

FinMin: IMF Puts Hungarian Economy at Forefront in EU in 2025

The International Monetary Fund (IMF) forecasts the Hungarian economy will be a frontrunner in the European Union next year, the...

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

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

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...

Analysis

Bosch-Richter Survey Finds Hungarians Open to AI, Health Tech and Safer Mobility

A survey presented at BoschxRichter Innovators’ Day suggests Hungarians prioritize health and financial stability while welcoming technology that improves safety...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

Bosch-Richter Survey Finds Hungarians Open to AI, Health Tech and Safer Mobility

A survey presented at BoschxRichter Innovators’ Day suggests Hungarians prioritize health and financial stability while welcoming technology that improves safety...