Foreign Affairs

EU

Farmgate prices up 4.4% in November

Farmgate prices grew by 4.4% in November 2018 compared to the same period a year earlier, with a rise of...

EU

Hungarians’ spending on recreation, culture relatively low

Spending on recreation and culture accounts for about 7.2% of the total expenditure of Hungarian households, a relatively low level...

Int'l Relations

Tungsram signs strategic partnership agreement with govʼt

Tungsram Group signed a strategic agreement with the government Monday at the companyʼs Újpest headquarters, with Jörg Bauer representing Tungsram...

Visits

Orbán: stimulus needed for 4% growth rate

Prime Minister Viktor Orbán suggested economic stimulus will be necessary to raise this year’s GDP growth to 4% at a...

EU

EU anti-fraud system is ineffective, auditors say

The European Union is failing to stem misuse of EU funds worth hundreds of millions of euros each year, and...

EU

Hungary opposes EU measures affecting road haulage firms

Officials from the transport ministries of Hungary, Bulgaria, Poland and Lithuania have taken a unified stand in Brussels against planned...

EU

Hungary in top 3 of EU list of petrol-driven cars

According to a report by the European Commissionʼs statistical agency Eurostat, about 70% of cars in Hungary ran on petrol...

EU

Budapest posts fastest residential price growth in Europe

Budapest shows the highest 12-month residential property price growth in Europe, while ranking behind only Xiʼan (China) and Ahmedabad (India)...

EU

Hungarian police-to-population ratio lowest across EU

According to the European Commissionʼs official statistics agency Eurostat, Hungary has by far the lowest ratio of police officers to...

Int'l Relations

Govʼt incentives produce HUF 1.38 tln investments in 2018

Hungaryʼs system of investment incentives resulted in 98 big investment projects worth a combined HUF 1.38 trillion in 2018, Minister...

EU

Despite Nov. drop, Hungarian inflation joint-highest in EU

Despite falling 0.7 of a percentage point from the preceding month, Hungaryʼs annual inflation rate reached 3.2% in November, the...

World

U.S. urges Hungary not to block Ukraine’s NATO engagement

U.S. Ambassador to Hungary David B. Cornstein has spoken at a meeting of parliament’s Foreign Committee, covering issues such as...

EU

Farmgate prices up 5.1% in October

Farmgate prices in Hungary increased by 5.1% compared to the same month in 2017, with a 9.7% increase in crop...

Visits

Heated protests against overtime, court reform

Anti-government protesters took to the streets of Budapest after Wednesdayʼs uproarious parliamentary session, protesting the passing of new laws governing...

EU

Hungarians spend twice as much on alcohol as on clothing

Research on household expenditures across the European Union in 2017 reveals that Hungarians spent nearly twice as much on alcohol,...

EU

Farmgate prices up 4.4% in November

Farmgate prices grew by 4.4% in November 2018 compared to the same period a year earlier, with a rise of...

EU

Hungarians’ spending on recreation, culture relatively low

Spending on recreation and culture accounts for about 7.2% of the total expenditure of Hungarian households, a relatively low level...

Int'l Relations

Tungsram signs strategic partnership agreement with govʼt

Tungsram Group signed a strategic agreement with the government Monday at the companyʼs Újpest headquarters, with Jörg Bauer representing Tungsram...

Visits

Orbán: stimulus needed for 4% growth rate

Prime Minister Viktor Orbán suggested economic stimulus will be necessary to raise this year’s GDP growth to 4% at a...

EU

EU anti-fraud system is ineffective, auditors say

The European Union is failing to stem misuse of EU funds worth hundreds of millions of euros each year, and...

EU

Hungary opposes EU measures affecting road haulage firms

Officials from the transport ministries of Hungary, Bulgaria, Poland and Lithuania have taken a unified stand in Brussels against planned...

EU

Hungary in top 3 of EU list of petrol-driven cars

According to a report by the European Commissionʼs statistical agency Eurostat, about 70% of cars in Hungary ran on petrol...

EU

Budapest posts fastest residential price growth in Europe

Budapest shows the highest 12-month residential property price growth in Europe, while ranking behind only Xiʼan (China) and Ahmedabad (India)...

EU

Hungarian police-to-population ratio lowest across EU

According to the European Commissionʼs official statistics agency Eurostat, Hungary has by far the lowest ratio of police officers to...

Int'l Relations

Govʼt incentives produce HUF 1.38 tln investments in 2018

Hungaryʼs system of investment incentives resulted in 98 big investment projects worth a combined HUF 1.38 trillion in 2018, Minister...

EU

Despite Nov. drop, Hungarian inflation joint-highest in EU

Despite falling 0.7 of a percentage point from the preceding month, Hungaryʼs annual inflation rate reached 3.2% in November, the...

World

U.S. urges Hungary not to block Ukraine’s NATO engagement

U.S. Ambassador to Hungary David B. Cornstein has spoken at a meeting of parliament’s Foreign Committee, covering issues such as...

EU

Farmgate prices up 5.1% in October

Farmgate prices in Hungary increased by 5.1% compared to the same month in 2017, with a 9.7% increase in crop...

Visits

Heated protests against overtime, court reform

Anti-government protesters took to the streets of Budapest after Wednesdayʼs uproarious parliamentary session, protesting the passing of new laws governing...