Orbán proposes Mihály Varga as head of NBH
Minister Varga has accepted the nomination, PM Orbán said.
Number of visitors continues to grow
In October 2024, nearly 1.5 million guests spent 3.4 million tourism nights at tourist (commercial, private and other) accommodation establishments. The number of arrivals surpassed the previous year by 15% and that of tourism nights by 8.5%. The number of nights spent by domestic ...
Gulyás: 10% real wage growth can be expected this year
At Thursday’s Government Info press conference, Gergely Gulyás, the minister heading the Prime Minister’s Office, detailed the government’s projections for the national economy, housing initiatives, and support for small businesses. Among the highlights was an anticipated 10% real wage increase for 2024, coupled with ...
Banking system has plenty of liquidity
The Hungarian National Bank (MNB) has presented a positive assessment of the banking sector in its latest stability report.
EU Presidency: A step closer to European integration and enlargement of Schengen Area
Prime Minister Viktor Orbán announced in Budapest last Friday that EU interior ministers will vote on Dec 12 regarding a Hungarian proposal to allow Romania and Bulgaria to join the Schengen agreement.
‘Hungary does not forget its heroes’
The mortal remains of 85 soldiers were symbolically reburied on Tuesday. The Minister of Defence declared that the nation will never forget those who gave their lives for their homeland.
Population decline continues
According to preliminary data, 6,618 children were born and 10,836 people died in October 2024. The number of births lessened by 6.9%, that of deaths by 1.3% and that of marriages by 15% compared to the same period of the previous year.
Hungary is ‘number one’ destination for Chinese investment in Europe, minister says
Minister Szijjártó said further developing bilateral cooperation was important to both the governments of China and Hungary.
Posta adds new vehicles in time for holiday season
Magyar Posta expects to deliver more than 7 million parcels over the Christmas period. By the end of the year, 130 new VW Crafter vans will therefore be put into operation across the country to cope with the increased volume.
State Secretary: Tax allowances for families raising children are set to double
Under the new legislation, the tax allowance will increase for families with one child to 15,000 forints (EUR 37), to 30,000 forints with two and to 49,500 with three or more as of July 1 next year.