Full-time employees’ average gross earnings were HUF 661,400 and average net earnings with tax benefits reached HUF 455,000 in February 2025. Average gross earnings grew by 9.3%, net earnings increased by 9.1% and real earnings were 3.5% higher than a year earlier. Median gross earnings were HUF 533,600, and median net earnings were HUF 370,700, surpassing the value for the same period of the previous year by 8.5% and 8.8%, respectively.

Final section of M44 motorway now complete

In the presence of Prime Minister Viktor Orbán, the last section of the 125 km long M44 motorway between the M5 motorway and Szentkirály was inaugurated on Tuesday.

Anti-government protests continue

On Tuesday evening, a protest rally in defence of the right of assembly took place ‘as usual’ at Erzsébet Bridge. This time, however, the demonstrators moved to the castle afterwards.

M-Telekom dividend coming in May

Magyar Telekom will distribute a dividend of almost 91 billion forints to its shareholders for the 2024 financial year. This was decided at the company's annual general meeting on Tuesday.

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Property market is booming

The property market has had an exceptionally strong start to the year with rising transaction figures and new price records.

Budapest spas break all records

The annual net turnover of Budapesti Gyógyfürdői Zrt. has already approached 26.3 billion forints (just under 66 million euros) in 2024, compared to the 23 billion forints achieved a year earlier. Profit after tax exceeded HUF 6.2 billion (2023: HUF 5 billion).

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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, ...