Consumer, business confidence improve
Consumer and business confidence improved in January from the previous month, economic research institute Szazadveg's gauges of sentiment show.
The two countries have also agreed to extend a long-term gas supply contract
Hungary purchasing enough Russian vaccine to inoculate one million
Hungary is purchasing two million doses of Russia's Sputnik V vaccine, sufficient to inoculate one million people, Foreign Minister Peter Szijjarto said after talks with Sergei Lavrov, his Russian counterpart, in Moscow on Friday.
Union rejects 4 percent minimum wage hike
Union association MASZSZ will reject a 4 percent minimum wage hike offered by employers and government representatives for 2020.
PM advisor: Hungary could become forerunner in region
Hungary's economy could grow by up to 6 percent this year and expand by even 6 to 7 percent in 2022, leaving neighbouring countries behind to become a forerunner in the region, Marton Nagy, senior economic advisor to Prime Minister Viktor Orbán, told commercial ...
Under 25s to receive PIT exemption from next year
Orbán: Hungary’s capacity to carry out vaccinations exceeds supplies
Hungary's capacity to carry out vaccinations well exceeds vaccine supplies, Prime Minister Viktor Orbán said on Friday, adding that the process may accelerate if the Hungarian authorities approve a Chinese vaccine, a decision which could be made within days.
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.
