Analysis

Veres: price subsidies spending to drop Ft 150 bln or 20% next year

Hungary's budget correction would not be possible without increasing the tax burden, Finance Minister János Veres said on Thursday....

Analysis

Teachers to hold warning strike on December 15

The Democratic Trade Union of Teachers has called for a two-hour warning strike at the start of the day on...

Analysis

Járai: Convergence Program will not lead to euro adoption

The government's present convergence program will not permit Hungary to adopt the euro, central-bank governor Zsigmond Járai said on Wednesday...

Analysis

Morgan Stanley raises end-2007 rate forecast to 4% on growth

Morgan Stanley said it expects the European Central Bank to raise its key interest rate to 4% by the end...

Analysis

EU’s McCreevy seeks “fair deal” on music player fees

European Union regulators are worried that consumers aren't getting a “fair deal” when artists' groups charge fees for private music...

Analysis

UK government says asylum claims fall to 13-year low

Claims for asylum in the UK fell 7% in the three months through September to their lowest since 1993, the...

Analysis

Number of films made in Hungary more than doubles in 2006

The National Film Office (NFI) has registered a total of 233 films made in Hungary so far in 2006, compared...

Analysis

Hungary to persuade Roma their Swedish plans far-fetched

Hungary's Foreign Ministry is making efforts to inform groups of Hungarian Roma hoping to start life over again in Sweden...

Analysis

MNB rate rise campaign over for a spell, say City analysts

Emerging market analysts polled by MTI's London correspondent on Monday, after the National Bank of Hungary (MNB) decided to keep...

Analysis

Hungary’s central bank may raise rates to bring down inflation

Hungary's central bank may increase its benchmark interest rate by a quarter-point to 8.25% today after the inflation rate climbed...

Analysis

Gov’t submits bill to reduce number of hospital beds by 12,000

The government submitted a bill on Friday to eliminate or change the functions of 12,000 hospital beds, government spokeswoman Emese...

Analysis

Lithuanian airline to offer $154 mln for Malév

Investment holding Zia Valda, the indirect owner of Lithuanian carrier AB Lietuvos Avialinijos, will set aside as much as $154...

Analysis

Ecostat projects 3.9% GDP growth in 2006, 2.5%-2.8% in 2007

Hungary's economy will grow 3.9% in 2006, supported by a pick-up in other European economies and despite government austerity measures,...

Analysis

Hungary’s forint poised to snap longest winning run since 2005

Hungary's forint is set to drop this week, snapping its longest weekly winning run since August 2005, as investors judge...

Analysis

Europe adopts power trading rules after blackout

EU regulators adopted cross-border electricity trading rules to prevent blackouts such as the one November 4 that affected 10 million...

Analysis

Fidelity Highlights Rate Hikes and AI Power Demand in 2027 Outlook

Fidelity International expects renewed interest rate increases and closer scrutiny of returns on artificial intelligence investments to shape markets in...

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...