Tag: Mihály Varga

Hungarian economy booms, GDP up by 6.5% in second quarter

In the second quarter, Hungary's gross domestic product (GDP) increased by 6.5…

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Hungary advances three places in global competitiveness ranking

Hungary has advanced three places to 39th in Swiss think tank IMD's…

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Hungarian minister debunks opposition claims about inflation rate being highest in Europe

Contrary to the opposition's claim that the rate of inflation in Hungary…

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Hungary had highest economic growth in the EU in 2021

The Hungarian economy is showing the highest performance across the entire European…

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Hungary pays tax refund to families with young children

Starting Friday, the family tax refund will arrive in the bank account…

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World Bank raises Hungary’s economic growth forecast for 2021 and 2022

The World Bank increased its forecast for Hungarian economic growth for 2021…

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Hungary ended 2021 as ‘investment grade’ at Big Three ratings agencies

Hungary closed the year 2021 with an investment rating with all three…

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The EU could cut funding to Hungary, but the country has some options

If the European Union makes it difficult for Hungary to access EU…

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Hungarian economy: Central Bank and finance minister at odds on budget spending

While the opposition press presents the — otherwise quite real — debate…

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Hungarian investments at historic high

In the second quarter of 2021, Hungary saw investments of 2,760 billion…

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Hungary spends record amount on higher education

Never before have so many resources been spent on higher education in…

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Hungary posts highest-ever Q2 GDP growth

The Hungarian GDP grew by an all-time record of 17.9 percent in…

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Hungary must pursue its own crisis management – commentary

From 2010 onwards, Hungary has been one of the states that has…

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Hungary could become a net lender in three years

Debate over monetary payment continues

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Rebooting the economy is the key element of Hungary’s 2022 budget

Cross-border interconnection benefits all states

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Hungary jumps five places in global competitiveness list

Hungarian PM defends anti-pedophile law

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Hungary’s left-wing opposition would put a huge hole in the country’s budget

Hungary's economic recovery is one year ahead of the rest of Europe

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Hungary’s 2022 budget focuses on ‘rebooting’ economy

Solidarity should not be used to cover up problems created by migration

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Hungary pours billions into its pharmaceutical industry

Although the Hungarian economy suffered an over 5 percent setback in 2020…

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Hungary drops income tax for citizens under 25 to stop youth emigration

PM Rutte complained for years about so-called "rule-of-law" violations in Hungary. He…

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Hungary is the second biggest tax cutter in the OECD, FinMin Varga says

Berlin’s authorities are struggling with the rising issue of illegal street races

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Hungarian Finance Minister plays ‘Smoke on the Water” on electric guitar

German news outlets are swaying opinion

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Hungary has won its first battle against the coronavirus

Elections are coming up in the turbulent Balkans country

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Hungary launches €398 million zero-interest loan scheme for small businesses in coronavirus stimulus package

A spike in infections will not change what has been Poland's overall…

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Hungary plans 4.8% GDP growth, lower public debt in 2021 budget

"Sorry seems to be the hardest word," Justice Minister Judit Varga told…

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Hungary’s finance minister references 1848 cholera pandemic while submitting 2021 budget

The move disproves all allegations of excessive power but will likely garner…

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Hungary pours another €1.19 billion into economic recovery during coronavirus crisis

Hungarian wines experience a breakthrough in recognition at this year's Sommelier Wine…

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Coronavirus makes Hungary’s economic growth unpredictable: finance minister

Despite long-term economic growth, Poland still lags behind the EU average in…

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Joining the eurozone wouldn’t be a good move: Hungarian finance minister

Entering Hungary from Serbia is becoming too difficult

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Hungary needs to expand its economic protection plan: finance minister

Filming a movie? The Diósgyőr Castle is available for rent

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Hungary’s Q3 GDP growth 4.8%, finance minister says

The European Parliament expects him to be independent.

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Eurozone financing cannot supersede long-term EU interests

Poland has given the Norwegian consul a week to leave the country…

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International Investment Bank moves headquarters to Budapest

The recent decrease in invitations to Eastern workers to Poland, encouraged by…

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Finance Minister: Hungary to devise economic protection program

Opposition supporters attacked public television journalist Magdalena Ogórek as she left work.…

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Hungarian wages rose 10.8 percent year-on-year

Poles will spend more on Christmas this year than in 2017, claims…

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Finance Minister: Hungary does not support eurozone budget

“Every human activity leaves a mark on a planet and this is…

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Hungarian employment rate at all-time high

Massive amounts of cocaine have been found in banana crates in Polish…

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Finance Minister: Hungary’s Q3 GDP at ten-year high

The US ambassador to the European Union threatens Russia with sanctions over…

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Flat tax for small businesses is a runaway success in Hungary

In recent days, clear evidence has emerged confirming the thesis that the…

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Hungarian economic whitening gains international recognition

Hungarian Prime Minister Viktor Orbán's visit to China may offer the opposition…

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Central Europe is one of the EU’s fastest-growing regions

It is Europe that should have been the subject of a Sargentini…

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Hungarian family tax rebate at record high

Jean-Claude Juncker’s State of the Union Speech was not meant to present…

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Finance Minister: EU budget talks are pointless now

By joining the Central European drive against migration, Italy has increased the…

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Hungarian wages rise by 11.2 percent year-on-year in June

The integration of refugees into the German labor market has been successful,…

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