Analysis

Analysis

Most Firms Say AI Cuts Costs, Speeds Decisions: SAP Hungary

A majority of corporate users are satisfied with AI, viewing its adoption as a worthwhile investment, with the most frequently...

Analysis

Editorial: Hungary Some Way From Engaging Warp Drive

It now seems inevitable, barring a significant upside surprise, that Hungary’s economy will have stagnated once again in 2025....

Analysis

Hungary’s Business Services Sector Undergoes Transformation Amid Slower Growth

Expansion at Hungary’s BSCs is a little slower than usual, but, with proper planning, they have the potential to double...

Analysis

Changes to Residency Rules Make Living in Hungary Tough for Foreign Retirees

When Jill Morse touched down in Budapest in August 2020, her mood was confident and upbeat: a new life awaited...

Analysis

Increased Transfer Pricing Audits: Typical Mistakes and Risks

Today, the pricing of related transactions is no longer “just” a documentation task: the Hungarian Tax and Customs Administration (NAV)...

Analysis

Consumer Protection Watchdog Presents 2026 Program

The National Authority for Trade and Consumer Protection (NKFH) presented its oversight program for 2026 at a press conference on...

Analysis

Hungarians Plan to Spend the Same Amount This Christmas as Last Year

After five years of steady increases, Hungarian households are planning to spend roughly the same amount on Christmas gifts this...

Analysis

Editorial: Different Priorities Point to Mounting Tension

There are faint but discernible signs of tension between the self-imposed rules that are the fiscally responsible bread and butter...

Analysis

Chamber of Commerce Corner, October 31, 2025

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

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

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

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...

Analysis

Bosch-Richter Survey Finds Hungarians Open to AI, Health Tech and Safer Mobility

A survey presented at BoschxRichter Innovators’ Day suggests Hungarians prioritize health and financial stability while welcoming technology that improves safety...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

Bosch-Richter Survey Finds Hungarians Open to AI, Health Tech and Safer Mobility

A survey presented at BoschxRichter Innovators’ Day suggests Hungarians prioritize health and financial stability while welcoming technology that improves safety...