PMI down at 54.7 in November

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) fell to 54.7 points in November from 56.4 in October, showing slowing expansion in the manufacturing sector, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Thursday.

Socialists: Hungarian people need EU funds

Hungarian families badly need European Union funds to tackle the current cost-of-living crisis, the Hungarian Socialist Party (MSZP) told MTI after talks with the European parliamentary leader of the Progressive Alliance of Socialists and Democrats (S&D) in Madrid.

DK accuses Fidesz of wanting ‘to strip Hungarians of funding’

The Hungarian government wants to make sure that Hungarian citizens and entrepreneurs do not receive funding if the European Union blocks Hungary's funds, an MEP of the Democratic Coalition (DK) said on Friday, referring to an amendment proposal submitted by Fidesz MEP Balazs Hidveghi ...

Majority of Hungarians see no rise in utility bills

Almost three quarters of Hungarians have experienced no rise in their utility bills compared with last year in spite of the energy crisis caused by the sanctions related to the war in Ukraine, according to a survey by the Hungarian Kopp Maria Institute for ...

Gulyas: Maintaining economic growth Hungary’s most important goal

The most important goal for Hungary is to maintain its economic growth even in an environment with a recession hitting both Europe and the world, the prime minister's chief of staff said, addressing a ceremony of electric component manufacturing company OBO Bettermann in Bugyi, ...

Szijjarto: Migration pressure expected to reach new high

Food shortages resulting from the war in Ukraine and the growing threat of terrorism is expected to put Europe under greater migration pressure than ever before, Foreign Minister Peter Szijjarto said in Madrid on Thursday.

Nyugati railway station revamp gets EU support

The project to renew Budapest's Nyugati railway station has been awarded European Union funding, a state secretary at the Ministry of Technology and Industry (TIM) said after a meeting of EU transport officials in Lyon on Wednesday.