The volume of Hungary’s gross domestic product (GDP) was 0.8% lower according to raw data and 0.7% lower according to seasonally and calendar adjusted and reconciled data in the 3rd quarter of 2024 than in the corresponding period of the previous year, the Central Statistical Office said in a second reading of data. Compared to the previous quarter, the economic performance lessened by 0.7% according to seasonally and calendar adjusted and reconciled data. In quarters 1–3 of 2024, the performance of the economy was 0.6% higher according to raw data and 0.7% higher according to seasonally and calendar adjusted and reconciled data than in the same period of the previous year.
Szijjártó: EU leaders ‘missed a great opportunity’ to amend ‘failed’ Ukraine strategy
Minister Szijjártó said European leaders could have used the US developments as an excuse to amend their "failed Ukraine strategy, which is also weakening the continent".
4iG enjoys Vodafone effect
The leading telecoms and IT company recorded impressive sales growth of over 20% in the first nine months of the year.
Potential of Tisza exhausted?
The Tisza party has apparently reached its limits, concludes the opinion research institute Real-PR 93 from its latest survey.
Hungary and Ukraine submit border crossing infrastructure plans to Brussels
Levente Magyar said the plan includes a cross-border motorway connection, a new crossing for lorries and related road developments.
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Alteo expands wind power portfolio
Alteo has expanded its presence in the Hungarian wind power sector with the complete acquisition of Mov-R.
Hungary sticks to 2035 target
‘The EU must now take concrete steps to improve its competitiveness.’ This was stated by Economics Minister Márton Nagy after the COMPET panel meeting in Brussels.
Russia will continue its deliveries of crude, gas and nuclear fuel to Hungary, minister says
Minister Szijjártó said the inclusion of Gazprombank on the United States sanctions list was an attempt to put countries in Central and Southeastern Europe that use Russian energy in a difficult position.
Németh: Household energy prices in Hungary are lowest in Europe
HUF 880bn has been earmarked in the 2025 budget bill to support regulated utilities prices.
PMI edged over 50-point threshold in November
The employment index fell and continued to show a contraction while the delivery times index also fell
Criticism of ad hoc interventions
On Friday, the banking association sharply criticised the new measures announced by the government.
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Marrakech now only four hours away
Known for its colourful culture, rich history and stunning landscapes, Morocco is now accessible by direct flight from Budapest. WizzAir's direct flights to Marrakech depart twice a week on Tuesdays and Saturdays, making it easy to discover this magical place.
New European strategy needed in connection with Ukraine, PM tells European leaders
The prime minister said a Republican victory will "put the question on the table for us European leaders" whether Europe was alone capable to continue providing military and financial support to Ukraine.
Orbán has the trust of the Slovaks
A recent survey by the opinion research institute Ipsos measured the Slovak population's trust in foreign politicians.
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Fidesz MEP slams leftist opposition for thwarting proposal on Islamist terrorism
Leftist MEPs of the European Parliament, including those of Hungary's Democratic Coalition and Momentum parties, on Monday voted down a right-wing proposal to put issues around Islamist terrorism in Europe on the agenda, ruling Fidesz MEP Balazs Hidveghi told public media.
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, ...
