News Hungary: How Peter Magyar’s Hungary can become an economic powerhouse
Hungarian financial markets have welcomed Peter Magyar’s Tisza Party victory over Viktor Orban. This historic moment could mark the beginning of a post-Orban economic boom. But only if the new leadership capitalizes on it. Hungary’s road map to prosperity will only be achieved by curbing kleptocracy, limiting hostile foreign influence, and reversing the centralization of […]
News Hungary: Hungary quietly takes record $1 billion loan from Chinese banks
Hungary's record loan came amid a record increase in its public debt to 140 billion euros ($152 billion), 73.5% of GDP, and a budget deficit of 6.7% of GDP, while the country has no access to European Union funds due to the conflict with Brussels.
News Hungary: Ikarus Industrial Park Székesfehérvár: A strategic hub for industrial investment in Hungary
Hungary has emerged as one of Central Europe’s most attractive destinations for industrial and logistics investment. It is mostly due to the country’s strategic location, strong infrastructure, and ...
News Hungary: Hungary’s Market Pop Is a Bet on Post-Orban Reality
Markets love a regime change when it looks like money might start flowing again. Hungary's election didn't just topple Viktor Orban after 16 years. It triggered a full-blown repricing of the country's ...
News Hungary: Hungary Sharply Cuts Request for EU Defence Loan
Hungary's government has significantly reduced the amount of its requested EU defence loan, from €16.4 billion to €5.4 billion, the European Commission said. Hungarian authorities ...
News Hungary: Will the Billions in EU Money Going to Hungary’s Defence Industry Be in SAFE Hands?
Hungary is to receive 16 billion euros from the EU’s new defence fund SAFE. But many wonder who will really benefit from the loans now the government has sold off most of its defence industry to a private company with close government ties.
News Hungary: Hungary Construction Industry Report 2024: Output to Shrink by 1.8% in Real-terms this Year Before Recording an AAGR of 5.7% During 2025-2028, Supported by Government ...
Dublin, July 25, 2024 (GLOBE NEWSWIRE) -- The "Hungary Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028" report has been added to ResearchAndMarkets.com's offering.Construction industry in Hungary is expected to shrink by 1.8% in real terms in 2024, owing to headwinds caused by rising inflation, interest rates, construction material prices, coupled with declining inve
News Hungary: The largest banks in Hungary are building infrastructure and improving inclusion
Major Banks Leading the Hungarian Market With a banked population of 74.7%, the largest banks in Hungary still have market share to grab and inclusion to promote. With a population of 9.8 million, Hungary may not seem like the hugest market, but it is improving. According to GlobalData, the annual value of card transactions is…
News Hungary: Hungary Likely to Cut Rates as Forint Gains and Inflation Slows
Hungary’s central bank is likely to lower borrowing costs for the first time in months as slowing inflation and a stronger currency give policymakers room to diverge from global peers starting ...
News Hungary: More Chinese investment in Hungarian rail?
Hungary’s Government has hinted at Chinese investment in its rail sector, following President Xi Jinping’s visit to Europe and Hungary’s President Viktor Orban. The government announced new “working ...
News Hungary: Hungary dropped "Gazprom" exports to Europe
EADaily, September 14th, 2026. Closer to mid-September, "Gazprom" exports to Europe declined sharply. Deliveries via the "Turkish Stream" dropped by more than a quarter. Hungary has reduced gas applications.
News Hungary: Slovakia and Hungary suspend diesel exports to Ukraine, but this is not critical
Slovakia and Hungary are suspending diesel fuel exports to Ukraine, but this is not critical for the market and is unlikely to affect prices at Ukrainian filling stations. Quote: "Supply of the ...
News Hungary: Hungary's new government pushes for euro by 2030
Hungary's new leadership wants the country to adopt the euro by the end of the decade while repairing strained ties with Brussels. But with a weak economy and tight deadlines, experts warn the path will be steep.
News Hungary: Cryptocurrencies are in crisis, but they are not going to disappear
Cryptocurrencies are experiencing their worst crisis since the arrival of the first crypto assets and virtual currencies in the 1990s and their democratization in the 2010s. Bitcoin had an ...
News Hungary: Cryptocurrencies and U.S. Sanctions Evasion: Implications for Russia
A current risk in today’s trade ecosystem is that countries leverage cryptocurrencies to circumvent U.S. sanctions. Cryptocurrencies are digital currencies that are not backed by central banks and are ...
News Hungary: Hungary Faces Tougher Public Finance Challenges in the Era of Covid-19
Hungary’s fiscal measures to mitigate the economic impact from the Covid-19 shock have a significant impact on public sector accounts, pushing general public debt toward 80% of GDP this year, the highest such ratio since 2011.
News Hungary: Hungary's inflation edges higher in August after nine-year low
Hungary's consumer price inflation increased somewhat in August after easing to its lowest level in nine-and-a-half years, the Hungarian Central Statistical Office said on Tuesday. Consumer prices climbed 1.
News Hungary: Hungary's trade surplus shrinks on weaker exports
Hungary's foreign trade surplus contracted significantly in July compared with the same month last year, reflecting declining exports and rising imports, data from the Hungarian Central Statistical Office showed on Friday. The trade surplus dropped to €69 million ($80 million) in July from €503 million in the corresponding month last year.
