Hungary Threatens to Block EU’s Fit for 55 Climate Package
Hungary’s Minister Heading the Prime Minister’s Office, Gergely Gulyás said that the Hungarian government finds the EU’s Fit for 55 package...
Hungary
Deadline for Hungary’s Recovery Plan
The European Commission’s deadline on assessing Hungary’s Recovery and Resilience Facility (RRF) plan expires today, July 12. According to Brussels-based Politico...
Hungary’s Recovery Funds Hang in the Balance
Hungary's government faced a barrage of criticism from officials in Strasbourg this week over a law that bans content "promoting homosexuality"...
Will Poland and Hungary See Sustained Inflation?
Inflation may pose a real threat for countries in Central & Eastern Europe (CEE), specifically for Poland and Hungary, which are...
Visegrád Group: Ambitious Hungary at the Helm
Since Viktor Orbán became the prime minister of Hungary, cooperation among the "Visegrád 4" (V4) countries - Hungary, Slovakia, the Czech...
Visegrad Countries Discuss Recovery Plans in Warsaw
Meeting in Warsaw, finance ministers from the "Visegrad 4" (V4) country grouping - Poland, Czechia, Hungary, and Slovakia - discussed post...
Hungary’s PM Confronted by Angry EU leaders Over Anti-LGBTQ+ Bill
In a heated debate on Thursday night, Hungary’s prime minister Viktor Orbán was confronted over recent anti-LGBTQ+ measures by his fellow heads of state and...
First Interest Rate Hike by Hungary’s Central Bank in a Decade
To curb inflation, the Central Bank of Hungary (MNB) on Tuesday raised its base rate by 30 basis points to 0.9%...
Uproar in Hungary Over Anti-LGBT Law
On Tuesday, Hungary's parliament passed a so-called pedophile law, which critics say is actually directed at the LGBT community and also...
Climate Change: Drastic GDP Losses for Hungary, CEE
Global warming will not only wreak havoc on the global economy but could also result in dire economic consequences for Hungary...
Wages Catching up in Visegrád Countries… A Never-Ending Story
Shortly following the monumental changes to their governmental systems and economies, countries in Central & Eastern Europe did see their wages...
Will Hungary’s Automotive Industry Adjust to Future Challenges?
As in most countries in Central & Eastern Europe (CEE), the competitiveness of the Hungarian economy heavily depends on car production....
Hungary: European Parliament Green Policies Too Much
Several European "green" initiatives have provoked resentment in Hungarian government circles. The outrage is mainly due to the European Parliament having...
Hungarian Electricity Company Aims Further Regional Expansion
The net sales of Hungary's MVM Group amounted to HUF 1,835 billion last year, which is EUR 71,8 million higher than...
Hungary Hosts Region’s Largest Solar Plant
Central Europe’s largest solar plant has been inaugurated in Kaposvár, southwest of the Hungarian capital Budapest. The 100-megawatt solar power plant...
Hungary Reduces Tax Rate on Cryptocurrencies
Pushed through by state secretary Norbert Izer and communicated by the Ministry of Finance as a success story, Hungary has reduced...
Ambitious Hungarian Biotech Firm Fights Cancer With AI
“Turbine,” a biotech company simulating cell behavior with artificial intelligence, is combining two disciplines for which the country is renowned: biology...
Hungarian Start-ups: Tech-heavy and Optimistic
More than 60% of Hungarian start-ups are using some sort of “deep tech,” according to the Hungarian Start-up Report conducted by...
State Secretary Sees Huge Changes for Hungary’s Energy Sector
The Hungarian government is working on its National Clean Development Strategy, which would set frameworks for achieving the 2050 climate targets,...
Construction of Paks 2 May be Further Delayed
Russian news agency Ria Novosti has reported that Hungary will start repaying a loan to Russia of EUR 9 billion for...