Analysis

Chamber of Commerce Corner, May 17, 2024

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

Analysis

Croatia GDP Growth Slows Down in Q1

Croatia's gross domestic product (GDP) expanded by 3.9% year-on-year in the first quarter of 2024, following an upwardly revised 4.4%...

Analysis

Czech Economic Sentiment Deteriorates in May

The Czech economic confidence weakened somewhat in May after reaching a 1-year high in the previous month, survey results from...

Analysis

Hungarian Film Production on Course for Record Year in 2024

Last year, the domestic film industry was hit hard by the months-long strike of U.S. screenwriters and actors, with the...

Analysis

Editorial: Plus ça change. Or Maybe not.

I saw a series of photos the other day that reminded me how much things stay the same and how...

Analysis

Hungary’s Disinflation Process Breaks in April

Fresh data suggests that the decline in the consumer price index stopped in April. According to analysts, inflation could return...

Analysis

Hungary Has More Early School Leavers Than EU Average

In 2023, the share of early school leavers - young people aged 18-24 leaving early from education and training -...

Analysis

Gov’t to Present EU-wide Support Scheme for EV Purchases in July

In order to speed up the transition to electric vehicles the Hungarian government will propose and present to European Union...

Analysis

Chamber of Commerce Corner, May 6, 2024

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

Analysis

Rethinking Mobile: The Rise of Refurbished Phones

With the most recent Earth Day on April 22, refurbished mobile phones are emerging as a sustainable, economically savvy and...

Analysis

Artificial Intelligence Cannot Beat Critical Thinking

Occasionally, Hungarian PM Viktor Orbán makes statements that fuel heated discussions in the public space. The latest was presented on...

Analysis

Hungary’s Intellectual Workforce not Getting Most From ICT Support

Hungary’s “intellectual workforce” increasingly works on a hybrid model, and while information and communications technology can give them the tools...

Analysis

Bold Youth Innovations Take Centerstage in ‘Solutions for Tomorrow’ Finals by Samsung and EdisonKids

What skills do today’s children need to thrive in the future workforce? While the question may seem abstract, the answer...

Analysis

Slovenia GDP Annual Growth Slows in Q1

Slovenia's gross domestic product (GDP) rose 2.1% year-on-year in the first quarter of 2024, the fifth consecutive quarter of economic...

Analysis

Slovakia Inflation Rate Decrease in April

The annual inflation rate in Slovakia eased further for the fourteenth consecutive period to 2.1% in April, down from 2.3%...

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...