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January 4, 2024

Competition in the Digital Era: GVH Investigates Artificial Intelligence’s Influence on Consumer Vulnerability

As it was pointed out by the Hungarian Competition Authority, the extraordinary resources required for AI technology are presently monopolized by the largest technological giants, potentially distorting market competition in digital sectors in the future….

Hungarian State Secretary Condemns EU’s Approach to Migration and War, Highlights Loss in Competitiveness

Secretary Zsigmond expressed concerns over the slow progress in holding representatives accountable for misusing hundreds of thousands of euros. He also highlighted contradictory reports and voting patterns of these representatives against Hungary in the European Parliament,…

Hungary Receives Additional 170 Billion HUF in EU Allocations, Looks to Strengthen Economic Growth in 2024

According to the minister’s briefing, this brings the total amount of EU funds allocated to Hungary in the past days to a substantial 470 billion forints. Last Thursday witnessed a transfer of €779.5 million (equivalent to 300 billion forints) from…

Meet the EU Spin Doctors Working to Spread Hungarophobia

The European Union is not lacking in politicians with negative views towards Hungary. In this article, we have compiled a list of the most notorious MEPs known for their Hungarophobic stances….

Hungary Unveils Solar Programme Amendments for Green Energy Revolution

The recently launched Solar Energy Plus Programme, announced just a month ago, allows private individuals with privately owned residential properties, beneficial use rights, or leasing agreements to use non-refundable support for renewable energy sources. Thanks to the funding covering two-thirds…

Hungary Sets Investment Record with Over €13 Billion in Investment Inflows in 2023

Péter Szijjártó pointed out that Hungary managed to achieve great results despite the fact that the global economy underwent significant crises last year, as indicated by global data. The amount of investments made worldwide decreased by 12.5 per cent from…

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