Analysis

High Inflation Makes Talent Retention Crucial – Hays Survey

Talent retention has become more crucial for companies as 2023's high inflation figures made non-wage benefits unfavored by workers, according...

Analysis

Estonian Jobless Rate Higher in Q4

The unemployment rate in Estonia increased to 6.3% in the fourth quarter of 2023 from 5.4% in the corresponding period...

Analysis

Nagy Brushes off Threat of Inflation Return

Minister of National Economy Márton Nagy said Hungarians shouldn't anticipate a return of high inflation because the main factors behind...

Analysis

PwC: 47% of Execs Expect Revenue Growth in 2024

Around 47% of executives at Hungarian companies expect revenue growth in the coming 12 months, according to the annual Hungarian...

Analysis

2023 one of Industry’s Worst Years Since Change of Regime

The performance of Hungary’s industry is lagging behind the pre-COVID trend and has produced one of its worst years since...

Analysis

Editorial: Finding Harmony in Sustainability

There is no getting away from sustainability in today’s business world. Wherever you turn, you will see those three initials,...

Analysis

Slovenia GDP Annual Growth Expands in Q4

Slovenia's gross domestic product (GDP) expanded by 2.2% year-on-year in the fourth quarter of 2023, following an upwardly revised 1.3%...

Analysis

EC Leaves Forecast for Hungary 2024 GDP Growth at 2.4%

The European Commission projected Hungary's GDP would grow 2.4% this year in an interim forecast published on Thursday, unchanged from...

Analysis

Chamber of Commerce Corner, January 26, 2024

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

Analysis

Bulgaria Consumer Confidence at Record High

Bulgaria's consumer confidence index grew by 6.7 percentage points in January compared to the level recorded in October last year,...

Analysis

600,000 Join Hungarian Interchurch Aid Advent Fundraiser

For the 28th time, the Hungarian Interchurch Aid held its Advent fundraiser last year, in which more than 600,000 people...

Analysis

State Treasury Offers Pension Savings Accounts

Finance Minister Mihály Varga announced the launch of Pension Savings Accounts (Nyesz) at the Hungarian State Treasury on Friday, state...

Analysis

Dynamically Growing Business Services Sector Requires Redefinition

Almost 40 million people - about 20% of all employees in Europe - constitute the workforce of the redefined business...

Analysis

2024: a Year of Global Uncertainties; Equilor Advises Prudent Investment Strategy

According to the annual outlook analysis by Equilor, 2024 could be marked by uncertainty due to ongoing geopolitical tensions and...

Analysis

Record-breaking Hipa Ready to Go Again in Search of Added Value

The Hungarian Investment Promotion Agency has been something of a “serial offender” when it comes to setting new foreign direct...

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...