Prime Minister Viktor Orbán met with Chinese Premier Li Keqiang in Beijing on Thursday, ahead of the Belt and Road Forum later this week, according to a report by state news agency MTI. Orbán arrived in the Chinese capital after an official trip to Kazakhstan.
The EU statistics office Eurostat confirmed Hungaryʼs 2018 general government deficit and debt Tuesday as the figures sent to Brussels by Hungary. However, it expressed reservations on the classification of certain institutions, particularly the foundations of the National Bank of Hungary (MNB).
With the February core inflation accelerating to a six-year-high of 3.5%, and headline inflation being one percentage point above the mid-term goal of 3%, the National Bank of Hungary (MNB) is closer than ever to the start of a normalization process.
The Budapest Research Forum (BRF), which comprises CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary, says that the vacancy rate in the Budapest office market is near a record low, with no new office buildings delivered in the first quarter of 2019.
The European Travel Commission (ETC) reported a 5.1% increase in Chinese arrivals to EU destinations in 2018, marking a successful end to the EU-China Tourism Year (ECTY). Hungary proved one of the fastest-growing destinations for Chinese visitors.