Szijjarto: OECD should help rather than ‘lecture’ members
The incoming secretary general of the OECD should ensure that the organisation "helps rather than lectures" its member states, Foreign Minister Peter Szijjarto said on Facebook on Friday.
Hungary “not in any hurry” to introduce euro
Holidays should not be planned before the summer period, minister says
The government will launch a campaign to encourage residents to get inoculated against Covid-19, the head of the Prime Minister's Office told his weekly online press conference on Thursday. Gergely Gulyas stressed that vaccination was provided on a voluntary basis, but urged that as ...
Inflation rate steady at 2.7 percent in December
Hungary's inflation rate was 2.7 percent in December, level with the rate a month earlier, the Central Statistical Office (KSH) said. Upside pressure on inflation came from food, spirits and tobacco products, while vehicle fuel prices dropped.
Construction sector expands for first time since start of crisis
Output of Hungary's construction sector rose by an annual 5.0 percent in November, rising for the first month since the start of the coronavirus crisis, the Central Statistical Office (KSH) said on Thursday.
Hungary to renovate 1,000km of roads in 2021
Hungary will repave about 1,000km of roads at a cost of 190 billion forints (EUR 520m) this year, the Innovation and Technology Ministry said on Friday.
Retail sales down 0.3 percent in November
Retail sales in Hungary edged down an annual 0.3 percent in November as vehicle fuel and non-food sales dropped, the Central Statistical Office (KSH) said on Thursday. The decline slowed from a 2.4 percent year-on-year fall in October.
Wages up 8.8 pc yr/yr in Oct
Gross wages in Hungary grew by an annual 8.8 percent in October, level with the increase in the previous month, the Central Statistical Office (KSH) said.
Municipalities with fewer than 25,000 residents will be automatically compensated for lost revenues
Government working to keep local councils functioning
Helping Hungary's local councils stay operational is in everyone's interest, Balazs Orban, a state secretary of the Hungarian Prime Minister's Office, wrote in a letter to Gyorgy Gemesi, head of the alliance of local governments MOSZ, on Monday.
Tax cuts to continue in 2021
Families looking to buy homes and small businesses will be among the beneficiaries of the government's tax cuts in the year ahead, finance ministry state secretary Andras Tallai said in an interview in daily Magyar Nemzet's Saturday edition.
Matolcsy: Investment growth, job creation and cheap credit key to recovery
National Bank of Hungary (NBH) governor Gyorgy Matolcsy said investment growth, job creation and cheap credit will be necessary for Hungary's economic recovery from the coronavirus crisis in an interview published in Monday's issue of daily Magyar Nemzet.
