Hungary Development in Uganda Enters Final Phase
Hungarian companies are about to complete the development of a security system in Uganda, the largest Hungarian development project abroad, the minister of foreign affairs and trade said.
Economy
Stellantis to Upgrade Engine Plant in Western Hungary
Car manufacturing conglomerate Stellantis will upgrade its plant manufacturing petrol engines in Szentgotthárd, in southwest Hungary, Péter Szijjártó, the minister of foreign affairs and trade.
Number of Hungarians Living in Poverty Plummets
Eurostat data show that the ratio of Hungarians living in poverty has dropped over the past ten years, a human resources ministry’s official said, visiting a foster family in a village in north-eastern Hungary.
Hajdú-Bihar County Chamber of Commerce and Industry ties closer its relations with Uzbekistan
The Hajdú-Bihar County Chamber of Commerce and Industry concluded pioneering cooperation with the Karakalpakstan Regional Chamber of Commerce and Industry in Uzbekistan.
Hungary Public Debt Rises to 81% / GDP
Hungary’s public debt rose to 81% of GDP at the end of the fourth quarter, according to a first reading of data the National Bank of Hungary (NBH).
Hungary GDP Down 5.1% YR/YR in 2020
Hungary’s economy in 2020 declined by an annual 5.1%, the Central Statistical Office (KSH) said, based on a first estimate. GDP grew by 1.1% in the fourth quarter last year compared with the previous quarter and fell by 3.7% compared with the same period of the previous year. According to seasonally and calendar-adjusted data, the […]
Karácsony, Ujhelyi Turn to EC Over European Recovery Fund
Gergely Karácsony, the mayor of Budapest, and Istvan Ujhelyi, an opposition Socialist MEP have turned to Ursula von der Leyen, the European Commission’s president, over 5,472 billion euros of European Union recovery funds that Hungary is slated to receive.
Hungary CPI Steady at 2.7% in January
Hungary’s annualised consumer price index was 2.7% in January, unchanged for the third month in a row, data released by the Central Statistical Office (KSH) on Friday shows.
EC Projects 4.0% GDP Growth in Hungary in 2021
The European Commission projects Hungary’s GDP will grow by 4% this year and 5% in 2022.
V4 Anniversary Summit to Address Post-Pandemic Recovery
The upcoming summit of the Visegrad Group marking the alliance’s 30th anniversary will address post-pandemic recovery measures and energy security issues, according to the event’s schedule.