Analysis

Differences in taxation in the CEE region

Mazars published the 2022 version of its annual CEE Tax Guide that offers up-to-date information on taxation in 22 European...

Analysis

Czech economic confidence weakens in June

The Czech Republic's economic confidence worsened in June, while consumer confidence declined for the fourth successive month to the lowest...

Analysis

Consumer expectations fall more than business confidence in June

Economic research institute GKI's combined monthly gauge of business and consumer confidence fell to -7.5 points in June from -2.6...

Analysis

World Hurtling Towards Recession and Possible Financial Crisis

The Budapest Business Journal’s corporate finance columnist Les Nemethy is worried by how sanguine the financial and corporate world appears...

Analysis

Annual Inflation Hits 23-Year High in May

The annual inflation rate in Hungary accelerated to 10.7% in May, up from 9.5% in the previous month, surpassing market...

Analysis

Editorial: The Economics of Soccer Success

You do not have to be the sharpest of our many sharp readers to have noticed that we are not...

Analysis

Competitive salary is top demand for young people

Rising labor requirements, inflation, war, and insecurity have increased wage demands to a net HUF 322,000, a 29% increase compared...

Analysis

Sanctions Compliance: ‘Never Take Shortcuts, Keep Checking’

In today’s business environment, companies must deal with a high level of complexity presented by geopolitical affairs, not to mention...

Analysis

Green Revolution Finally Showing its Face

Erika Papp, managing partner at CMS Hungary and head of finance for CEE/CIS; Gábor Czike, real estate and construction partner;...

Analysis

OPL in Legal Tech-led ‘Marriage of Equals’ Between London and Budapest

Like the skyscrapers that tower over them, the Anglo-Saxon duopoly of New York and London tends to have an overpowering...

Analysis

Data Act: New European Legislation Coming for Data Economy

Now that almost every company and organization has become familiar with GDPR and complies, more or less, with its requirements,...

Analysis

Two-digit Inflation Awaits on the Horizon

Although the latest rate-setting decision of the Monetary Council of the National Bank of Hungary (MNB) didn’t surprise the markets,...

Analysis

Don’t be a Dory, Don’t Forget to Check

Whether it is the European Union’s compromise deal over oil imports for its sixth sanction package directed at Russia following...

Analysis

OECD lowers Hungary 2022 GDP growth forecast to 4%

The OECD knocked down its forecast for Hungary's GDP growth this year to 4% in its biannual Economic Outlook published...

Analysis

World Bank forecasts GDP growth of 4.6% for Hungary in 2022

The World Bank forecasts Hungary's economy will expand 4.6% in 2022 in its latest Global Economic Prospects report, state news...

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...