Standard & Poor’s has reaffirmed Hungary’s sovereign credit rating, keeping the country in the investment-grade category. With all three major agencies maintaining positive ratings, investor confidence in Hungary remains strong.
Budapest will host the next European Geothermal Congress in 2028, a recognition of Hungary’s growing leadership in renewable energy. The decision highlights the country’s achievements and commitment to sustainable geothermal development.
Prime Minister Viktor Orbán discussed Hungary’s neighbourhood policy, economic reforms, and political tensions in an interview with Kossuth Radio broadcast from Cluj-Napoca. He warned of foreign influence in Hungarian politics and hailed writer László Krasznahorkai’s Nobel win.
Ten Hungarian restaurants were awarded Michelin stars at the Budapest gala on Thursday night, reaffirming Hungary’s growing global culinary reputation. The Platán in Tata and the Stand in Budapest retained their two-star ratings.
Hungarian universities have achieved higher positions in the latest global rankings, with Semmelweis University now among the world’s top 1 per cent. Minister Balázs Hankó praised the results and emphasized deepening US academic ties amid EU-related disputes.
The European Commission has presented a new strategy to speed up the adoption of artificial intelligence in key industries and the public sector, aiming to make Europe a global leader in AI-driven science, research, and innovation.
The Mathias Corvinus Collegium Foundation and the Hungarian Chamber of Commerce and Industry have signed a cooperation agreement to promote talent development and practical training through joint programmes, mentorships, and research initiatives.
Hungary’s finances remain stable and well-managed, according to the Ministry for National Economy, which reported a better-than-expected deficit and rising tax revenues, allowing the government to continue supporting families, pensioners, and businesses.
Hungary seeks to transform from a manufacturing base into a European innovation hub, Foreign Minister Péter Szijjártó said in Budapest, highlighting Siemens Mobility’s new research project and the country’s growing focus on technology and R&D investment.
Hungarian teachers are increasingly satisfied with their working conditions and enjoy growing professional autonomy, according to the 2024 OECD TALIS survey. The study highlights fewer disciplinary problems, stronger mentorship programmes, and improved teacher evaluation.
A new survey by Hungary’s National Media and Infocommunications Authority (NMHH) shows that communication and media studies remain among the most popular university majors, with half of students planning careers in PR or marketing and only a quarter eyeing online journalism.
Hungary’s Ministry for National Economy announced new measures to strengthen domestic industry and SMEs, expanding the 100 New Factories Programme to 150 and launching 3 per cent fixed-rate loans under the Széchenyi Card initiative from 6 October.
Nóra Lakos’s family film I Accidentally Wrote a Book collected seven international awards over the weekend in Germany, Poland, and Denmark, further cementing its status as Hungary’s most successful live-action family movie in decades.
Prime Minister Viktor Orbán declared that low taxes are the best economic policy in an interview with the Hungarian Chamber of Commerce and Industry, stressing tax cuts as key to wage growth and competitiveness while rejecting EU-driven tax hikes.
Hungary has launched a landmark tax exemption for mothers of three children, ending their personal income tax burden permanently. The government hails it as a family policy revolution, while critics dismiss it as electioneering—State Secretary Zsófia Koncz shared details about the measure at a press conference on 6 October.
A new survey by the Nézőpont Institute shows strong trust in Hungarian universities, with nearly 80 per cent of students saying they would choose the same institution again and three-quarters ready to recommend their university to others.
Hungary’s 4iG Group has signed a preliminary agreement with US-based Axiom Space, pledging up to 100 million dollars in investment and outlining plans for a further 100 million dollar project to build Europe’s first orbital data centre.
Hungarian President Tamás Sulyok paid an official visit to Kazakhstan, where he was awarded the country’s highest state honour, the Order of Friendship, in recognition of the close ties between the two nations. Talks focused on strategic cooperation in energy, trade, and logistics.
Prime Minister Viktor Orbán reiterated that Hungarians want to stay out of the war and reject Ukraine’s EU membership. Following the EU summit in Copenhagen, he launched a signature drive to reinforce public opposition to Brussels’ war strategy.
Hungary has signed its longest-ever liquefied natural gas supply deal with French energy giant ENGIE, securing 4 billion cubic metres of LNG between 2028 and 2038. The government says the agreement strengthens national energy security amid global uncertainty.
Hungary cannot be circumvented with legal manoeuvres to open Ukraine’s EU accession process, Prime Minister Viktor Orbán said in Copenhagen ahead of an informal EU summit, insisting any enlargement must follow the same rules and warning that fast-tracking Kyiv risks drawing the EU into war and draining funds.
From 9–19 October, the Buda Castle District will host the 360 Design Budapest exhibition, presenting nearly 400 works by around 100 Hungarian and regional designers and manufacturers, including a special showcase of Sándor Borz Kováts.
On 17 October, Hungary’s Night of Power Plants will return with more than 80 energy and utility facilities nationwide opening their doors to the public. Entry is free but requires registration starting 1 October.
To mark World Music Day, the House of Music Hungary is launching a new online series that brings unique live productions from its concert hall to a wider audience, starting 1 October with Meredith Monk and the Quinteto Astor Piazzolla.
A new poll shows that two-thirds of Hungarians oppose an EU-backed ban on Russian oil and gas, despite the Tisza Party adding it to its programme. While most Tisza supporters back the move, nearly all Fidesz voters reject it.
From 1 October, mothers with three children in Hungary are exempt from paying personal income tax. The measure could benefit around 250,000 women, leaving families with hundreds of thousands of forints more each year.
The 9th Slovenian Film Days open Thursday in Budapest with Slovenia’s Oscar entry Little Trouble Girls by Urška Djukić. After the screening at Toldi Cinema, audiences can meet the film’s producer Jožko Rutar.
Hungary’s return to space is not only a possibility but also a duty, said government commissioner Orsolya Ferencz on Space Research Day, stressing that the HUNOR programme is a national mission that must inspire the next generation of scientists.
Hungary may see a double-digit minimum wage increase next year, though the planned 13 per cent rise looks unlikely, Economy Minister Márton Nagy said in Budapest. Talks are ongoing between employers, unions, and the state over the final figure.
Hungary’s automotive sector is set for a major boost as BMW opens its Debrecen plant, producing only fully electric models. Foreign Minister Péter Szijjártó hailed the launch as a milestone that will strengthen industry and drive economic growth.