Gulyás: Hungary advances efforts for peace

Hungary's government shared a cautiously optimistic outlook on peace in Ukraine during today’s Government Info session. Minister Gergely Gulyás, who heads the Prime Minister’s Office, highlighted the growing global alignment toward peace, emphasizing Hungary’s pivotal role in fostering this shift.

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Construction output rises 4.6 per cent in a month

Construction output volume, based on raw data, lagged behind the previous year’s level by 0.5% in October 2024. Out of the main groups of construction the construction of buildings lessened by 5.7%, that of civil engineering increased by 7.5%. Based on seasonally and working ...

Industrial production lessened by 0.2 percent

The volume of industrial production lagged behind in October 2024 by 0.2% based on working-day adjusted data by 3.1%, compared to the one year earlier level. Production expanded in the majority of the manufacturing subsections, with the largest growth in the manufacture of computer, ...

Two BYD compact cars coming

‘We will start producing compact BEV models in Europe next year.’ BYD's European head said in an interview for the business magazine ‘Capital’.

Only one in four saves regularly

A representative study commissioned by CIB Bank shows that only a quarter of Hungarians are able to put money aside on a regular basis.

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“Patriot” by Alexei Navalny (published by Bodley Head)

A brave final message to the world

Alexei Navalny was not a man in a million, he was a man in 145 million. His nemesis is also a man in 145 million. The difference between the two is that Navalny is seen as a man of such immense courage he gave ...

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Egis favipiravir drug licenced for Covid-19 treatment

A new drug with the active ingredient favipiravir manufactured by Hungarian pharmaceutical company Egis has been licenced for treatment of Covid-19 by the National Institute of Pharmacy and Nutrition (OGYEI), the institute said on Saturday.

PM says he is convinced Trump will win

Orbán: New EU migration pact could force Hungary to welcome migrants

Hungary does not support the new migration and refugee package presented by the European Commission on Wednesday, Prime Minister Viktor Orbán told Reuters newswire on Friday. Under the package, Hungary's commitment to send people back from the southern EU states like Italy or Greece, ...