Hungary
-
Hungary Working on Foreign Car Loans Conversion
Hungary Working on Foreign Car Loans Conversion
May 11, 2015The Hungarian government is working with the central bank to convert foreign car loans back into the local forint [...]
-
Uber Brings Budapest to a Halt
Uber Brings Budapest to a Halt
April 29, 2015Controversial but hugely successful American taxi app firm, Uber, brought the taxi drivers of Budapest to Heroes [...]
-
Hungary Receiving €10 Million from EU Daily
Hungary Receiving €10 Million from EU Daily
April 20, 2015Hungarian media has been reporting that the country receives 3 billion forint (€10 million) every day from the [...]
-
Double Digit Tourism Growth in Hungary
Double Digit Tourism Growth in Hungary
April 13, 2015Nights spent by foreign tourists in Hungary increased by 11% in February this year compared to the same month last [...]
-
Mercedes Output in Hungary Growing Stronger
Mercedes Output in Hungary Growing Stronger
March 31, 2015German car manufacturer, Daimler is to significantly increase its output at its Mercedes-Benz plant in Kecskemet, [...]
-
Agricultural Investment Restrictions Probed by EC
Agricultural Investment Restrictions Probed by EC
March 27, 2015The European Commission is launching infringement procedures under Article 258 against a number of countries. It [...]
-
Spiraling Deflation in Hungary Forces Rate Cut
Spiraling Deflation in Hungary Forces Rate Cut
March 24, 2015Today in Hungary, the Monetary Council of the Central Bank lowered rates by 15 basis points, in a move to tackle [...]
-
Hungary Economic Outlook Extremely Good: S&P
Hungary Economic Outlook Extremely Good: S&P
March 23, 2015Standard & Poor’s rating agency, on Friday upgraded Hungary’s long term outlook by bringing its credit [...]
-
Wizz Air Bulgaria Launches Sofia Expansion
Wizz Air Bulgaria Launches Sofia Expansion
March 19, 2015Low cost Hungarian air carrier, Wizz Air, has opened five new routes from Sofia, reports Vesti. Beginning in [...]
-
EC Object to Russia Hungary Nuclear Deal
EC Object to Russia Hungary Nuclear Deal
March 13, 2015The Moscow Times reports, that the European Commission has raised an objection over the EU’s nuclear fuel agency, [...]
-
Russia Showing Europe and the Ukraine a Friendlier Face
Russia Showing Europe and the Ukraine a Friendlier Face
March 12, 2015In what appears to be the marking of a change in policy, Russia is beginning to open itself up by dropping some of [...]
-
Viktor Orban’s Gas Deal with Russia
Viktor Orban’s Gas Deal with Russia
February 18, 2015In a move that is likely to be viewed very negatively in Europe, it has emerged that in the height of cold [...]
-
Hungary Looks Capitalise on Turk Stream Pipeline
Hungary Looks Capitalise on Turk Stream Pipeline
January 28, 2015With Vladimir Putin making the surprise announcement that the South Stream project would no longer go ahead, [...]
-
Poland and Romania Looking at Solutions to Swiss Franc Problem
Poland and Romania Looking at Solutions to Swiss Franc Problem
January 26, 2015A week after Switzerland removed the cap on its currency that strengthened it immensely against all others, [...]
-
Baumax Exit Hungary
Baumax Exit Hungary
January 22, 2015Austrian home improvement retailer, Baumax, is to close the 14 stores it operates in Hungary. Next year would have [...]
-
Hungarian State could Nationalise more Banks
Hungarian State could Nationalise more Banks
January 20, 2015Marton Nagy, the managing director of the National Bank of Hungary (MNB), has said that the Hungarian government [...]
-
Budapest Airport to Receive close to 10 Million Passengers this Year
Budapest Airport to Receive close to 10 Million Passengers this Year
January 13, 2015Budapest’s only commercial airport, announced that it had received a record 9,155,961 passengers last year. The [...]
-
Foodpanda Buy Into CEE
Foodpanda Buy Into CEE
December 21, 2014Online food delivery application, Foodpanda has bought into a number of markets in Central and Eastern Europe. It [...]
-
Huge Drop in Support for Fidesz in Hungary
Huge Drop in Support for Fidesz in Hungary
December 12, 2014In a poll taken by think tank Median, Hungary’s ruling party Fidesz has shown a drop in support by a staggering 12% [...]
-
Orban Reacts to John McCain’s ‘Dictator’ Comments
Orban Reacts to John McCain’s ‘Dictator’ Comments
December 08, 2014Hungary’s Prime Minister, Viktor Orban summarised his position on many of the country’s large issues in [...]
