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• Economy

  Hungaryʼs state debt 70.9% of GDP, including Eximbank

  

  Hungaryʼs national debt as a percentage of GDP reached 70.9% at the end of last year, down from 73.4% at the end of 2017, preliminary data released by the National Bank of Hungary (MNB) on Monday show, state news wire MTI reported.

   Mon, Feb. 18, 2019, 12:45

  • state debt
  • Hungary
  • economy
  • GDP
  • Eximbank
• Region

  Slovenia to cancel hydroelectric plants along Mura

  

  Sloveniaʼs Minister of the Environment Jure Leben has announced a decree that will cancel the construction of eight previously planned hydroelectric power plants along the river Mura, in order to protect the river, the Budapest Business Journal has learned. 

   Mon, Feb. 18, 2019, 11:00

  • Slovenia
  • Austria
  • Hungary
  • Mura
  • river
  • environment
  • protection
  • energy
  • hydroelectric
• Economy

  S&P upgrades Hungary to ’BBB’; outlook ’stable’

  

  Standard & Poor’s Global Ratings, one of the three big ratings agencies, has upgraded Hungary’s sovereign rating to "BBB," two notches over the investment grade threshold, with a "stable" outlook, state news wire MTI reported late Friday evening. 

   Mon, Feb. 18, 2019, 09:00

  • S&P
  • Hungary
  • outlook
  • rating
  • investment
  • agency
• News

  Marriage rate in Hungary above EU average

  

  According to a report by the EUʼs official statistical agency, Eurostat, the marriage rate in Hungary is above the EU average, with 5.2 marriages every year for 1,000 inhabitants.

   Fri, Feb. 15, 2019, 09:00

  • Hungary
  • marriage
  • rate
  • EU
  • Eurostat
• News

  Hungarians plan multiple holiday trips this year

  

  Most Hungarians are planning to spend a total of two to three weeks on holiday domestically, in hotels, getting to their destination by car this year, according to research by discount website Bónusz Brigád and research institute GKI Digital.

   Thu, Feb. 14, 2019, 11:00

  • holiday
  • Hungary
  • tourism
  • trip. research
  • Bónusz Brigád
• Economy

  Tourism sector closes strong year in 2018

  

  Commercial accommodation establishments saw a 3.8% growth in tourism nights in 2018, accompanied by a 9.3% rise in gross revenues compared to a year before, with December growth boosted by long weekends over the holiday period, according to data released by the Central Statistical Office (KSH).

   Tue, Feb. 12, 2019, 12:00

  • tourism
  • KSH
  • guest nights
  • growth
  • travel
  • Hungary
  • hotel
  • accommodation
  • occupancy
• Economy

  Hungary has joint lowest ratio of women in science, engineering

  

  Hungary has the joint lowest ratio of women to men in science and engineering in the European Union, according to a survey by the EU’s official statistical agency Eurostat.

   Tue, Feb. 12, 2019, 10:00

  • Eurostat
  • Hungary
  • science
  • engineering
  • women
  • men
  • gender
  • EU
• Business

  New international law firm with CEE focus enters market

  

  Collegium Bitai & Partners, a new law firm with a special focus on the CEE region, has entered the Hungarian market, according to a press release sent to the Budapest Business Journal. 

   Mon, Feb. 11, 2019, 15:02

  • Hungary
  • law firm
  • international
  • Bitai
  • Collegium
  • CEE
• Energy/environment

  Hungary needs 4,000 MW of new power capacity in 15 years

  

  MAVIR, the Hungarian transmission system operator (TSO), estimates that at least 4,000 MW of new power plant capacity will need to be built in the coming 15 years, state news wire MTI reported.

   Mon, Feb. 11, 2019, 13:55

  • Hungary
  • energy
  • power
  • capacity
  • MAVIR
  • TSO
• Region

  Uncertainties fail to stunt M&A market - Allen & Overy

  

  International law firm Allen & Overy’s freshly released “Global Trends in Private M&A” report says that political uncertainty is not deterring dealmakers, who are forging ahead to meet the challenges of globalization, with market confidence leading to more auctions.

   Thu, Feb. 7, 2019, 15:00

  • M&A
  • Allen & Overy
  • market
  • report
  • CEE
  • Hungary
  • Poland
  • Czech
  • Slovakia
  • globalization