Analysis

Editorial: In Celebration of Budapest Summer Traditions

Expat life being what it is, there will be some readers of the Budapest Business Journal for whom this is...

Analysis

Sharp Rise in Energy Costs Putting Strain on Competitiveness

Longer-term disruptions in gas supply would lead to significant reductions in production and consequently also to job losses, according to...

Analysis

Proportion of Young People Saving to Decrease in Near Term

Some 47% of young people save on a monthly basis, and another 21% save less often, but also regularly, according...

Analysis

PMI edges up to 57.8 in July

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) rose to 57.8 points in July from 57 in June, the Hungarian Association of...

Analysis

Confidence in Czech economy hits all-time-low in July

Confidence in the Czech economy fell by 2.6 points month-on-month in July to 95.7 points, survey results from the Prague-based...

Analysis

Customers skeptical of handing over personal data

Most customers are afraid of handing over their data to service providers, but at the same time, every second respondent...

Analysis

War in Ukraine increasing willingness to donate among Hungarians

Some 81% of Hungarian adults donate in some way, according to a survey commissioned by OTP Bank, with 48% of...

Analysis

Business, consumer confidence slip further in July – GKI

Economic research institute GKI's combined gauge of consumer and business confidence fell to -9.4 points in July from -7.5 points...

Analysis

Századvég: Consumer, business outlooks dip

According to the July 2022 survey by Századvég Konjunktúrakutató, the sense of the economic situation of both consumers and businesses...

Analysis

The Riskiest Macroeconomic Environment of the 21st Century

Corporate Finance columnist Les Nemethy believes the macro environment is riskier than before the Dotcom Bubble and before the Great...

Analysis

Palkovics Hails Continuity in Policy Amidst new Energy Challenges

The American Chamber of Commerce in Hungary (AmCham) held a business forum on Monday (July 11) featuring the Minister of...

Analysis

U.S. Termination of Double Tax Treaty ‘not Expected to Hurt Real Economy’

News that the U.S. Treasury was moving to terminate the 1979 double taxation treaty with Hungary has left many alarmed...

Analysis

How Hungary’s Position on Global Minimum Tax has Evolved

The news of the U.S. cancellation of the double taxation treaty was broken, as is the way of the world...

Analysis

Government, MNB Strive to Defend HUF, Curb Inflation, Control Budget Deficit

The National Bank of Hungary (MNB) has raised the base rate by 200 basis points as concerns over the economy...

Analysis

Editorial: One Issue, Multiple Attacks

They say there are only two certainties in life: death and taxes. It is the latter that has dominated domestic...

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...