Cheat Sheet
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The average gross salary in Hungary surpasses HUF 400,000
April gross average earnings were HUF 400,200, 7.8 percent higher than a year earlier, an incredible result in a month…
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Hungarian economy expected to grow in 2021
An analyst at the research foundation Századvég, Gábor Regős, says Hungary’s economy will contract by almost 3 percent this year…
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Economic protection measures work
In a recent interview, State Secretary of the Ministry of Innovation and Technology László Györgypointed out that the government’s recently…
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Hungarian companies will soon have access to another significant source of funding
In line with EU state aid rules, the European Commission has approved a HUF 50 billion Hungarian program to compensate…
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HUF 25 billion allocated for the national export protection program
A national export protection program with a budget of HUF 25 billion will be launched within the framework of the…
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HUF 377 billion to be invested via competitiveness-enhancing subsidies
The 806 companies receiving state funding through the government’s competitiveness-enhancing subsidies have committed to invest HUF 377 billion in the…
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Analysts predict that Hungary’s GDP will reach pre-epidemic levels in 2021
According to Morgan Stanley, Hungary’s gross domestic product will grow by 4.6 percent in 2021; meanwhile, Moody’s analysts predict a…
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Hungarian named as new chairman of OECD committee
Patrik Kovács, President of the National Association of Young Entrepreneurs (FIVOSZ), was elected as the new President of the OECD…
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Hungary saw the greatest improvement within V4 countries
This year’s competitiveness ranking of the Swiss Institute for Management Development (IMD) is led by Singapore, with only three EU…
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Bathing waters tested across Europe
According to the quality assessment of the European Environment Agency (EEA), bathing water in Europe remains excellent. Regular monitoring and…
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