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Tag: growth

Finance Minister Mihály Varga and Zoltán Kurali, CEO of the Government Debt Management Agency arrive for a press briefing in the Ministry of Finance on 1 December 2023.

Hungarian Government Maintains Budget Stability Amidst Global Challenges

Despite extraordinary expenditures, the government has consistently reduced the budget deficit and the national debt year after year, the Ministry of Finance emphasized in its interim report released on the
President Katalin Novák speaking at the reception held in honour of the members of the Hungarian Permanent Conference and the Diaspora Council on 16 November 2023.

The Decline of the Hungarian Population in the Carpathian Basin Can Be Stopped, President Stresses

Katalin Novák reminded that in the last 30 years, the population of Hungary has decreased by more than 700,000, and the ethnic Hungarian population of the neighbouring countries has also
The building of the Mercedes plant in Kecskemét.

Government Launches Automotive Supplier Development Programme

On the basis of the ten-point proposal developed by the Ministry of Economic Development, the Hungarian government is launching a 2.9 billion forint Automotive Supplier Development Programme to enhance the

Hungarian Economy Expands in the Third Quarter

Hungary’s economy expanded by 0.9 per cent in the third quarter of this year compared with the previous quarter, adjusted data show, and contracted by 0.4 per cent year on

Hungary Establishes Demographic Roundtable to Become a Country of Growing Population  

Katalin Novák stressed that the roundtable is not a government agency. Its members will make recommendations to the government and ‘encourage people to contribute to the dialogue,’ she explained. The

Hungary Climbs Two Positions in Global Wealth Ranking

This positive trajectory in Hungary’s financial landscape had an impact on the nation’s global ranking in terms of wealth. Hungary has advanced two positions, now sitting at 30th place among
An image of Lake Balaton at Tihany with sailing boats.

Lake Balaton the Primary Target of Domestic Travel This Summer, Hungarian Tourism Agency Says

The robust recovery of inbound tourism greatly contributed to the positive tourism results in July. Compared to the same month last year, nearly a fifth more foreign guests, totalling 900,000,

Moody’s: Hungary’s Outlook Remains Stable

The credit rating agency expects a three per cent economic growth in Hungary next year, supported by strong exports, a high investment rate, and rising real wages.

Viktor Orbán on Protecting Jobs, Curbing Inflation and Raising Wages

The Prime Minister stated that both the European and Hungarian economies are influenced by the Russo-Ukrainian war. If the war were to end, both economies could show their ‘better side.’

Hungary Can Expect a Great Tourist Season, Tourism Agency CEO Says

In a recent interview with business news site Világgazdaság, Hungarian Tourism Agency CEO Péter Horváth highlighted that the number of guest nights booked by foreign visitors to Hungary is on

Tag: growth

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