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Tag: market

Shifts in Employment Patterns: Hungary’s Workforce Statistics for November

The Central Statistical Office released its data for the month of November 2023. The press release pointed out that the number of employed individuals reached 4,736,000 in Hungary.

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

The Force Is with Him

Gábor Nagy, winner of international awards, started to grow chili peppers twelve years ago for fun, prompted by a habanero. An interview about re-learning the concept of hot.

Hungarian-American Chamber of Commerce Commences Operations in Chicago

The establishment of the Hungarian-American Trade Chamber–Chicago was underscored as a pivotal moment in promoting Hungarian-American economic collaboration.
Housing (illustration)

An Analysis on the Benefits of the Newly Announced CSOK Plus Housing Scheme

Unlike the existing conditions, CSOK Plus does not distinguish between new and used residential properties. New homes are generally more expensive, which means that the same amount of money will

MBH Investment Bank Launched in Attempt to Redefine Financial Frontiers

At the launch event, Finance Minister Mihály Varga highlighted that the combined market share of MBH and OTP, Hungary’s two largest banks, now far exceeds the share of foreign banks

Gazprom Increases Gas Deliveries to Hungary and China, Seeking New Markets

Gazprom is making efforts to compensate for the losses in the European markets, which occurred following the Russian invasion of Ukraine, partly due to the explosions in the Baltic Sea

Privatization of MÁV Vagon: A Major Transformation in Hungary’s Railway Vehicle Industry

Magyar Vagon Ltd. is affiliated with the President and CEO of MOL, Zsolt Hernáda, who, as of the 2023 edition of the list, is the seventh most influential individual in

Inflation: Europe’s Feverish Economy

It is important to remember that, compared to the stable period of 2017–2018, some 80 per cent of the rise in inflation in Hungary could be attributed to external circumstances,

The European Commission Releases New Report on the Rule of Law in Hungary

The controversial document highlights the ongoing concerns of the EU Commission regarding the rule of law in Hungary. While the country has introduced legislative reforms and anti-corruption measures, there are

Tag: market

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