Cheat Sheet
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Hungary at International Agricultural Trade Fair in Paris
Sándor Farkas, Deputy Minister of Agriculture, represented Hungary at the International Agricultural Trade Fair (SIA). After an opening ceremony in…
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Hungarian weekend schools to preserve Hungary’s traditions and culture
There are currently 250 Hungarian weekend schools in the world, where Hungarian children living abroad can study the Hungarian language,…
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S&P raises outlook on Hungary
Standard & Poor’s changed the outlook of Hungary’s BBB credit rating from “stable” to “positive” this past Friday. Hungary’s Ministry…
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Ministry of Finance to simplify local business tax
Mihály Varga, Minister of Finance, has stressed that local business tax relief should focus primarily on increasing investment, research and…
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600 new nursery places coming to 32 settlements across Hungary
Ábel Berczik, Deputy State Secretary for Treasury at the Ministry of Finance, said the aim of the new nursery program…
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Gross earnings increased 14.0% year-over-year
As of November last year, gross earnings stood at HUF 403,500, 13.9 percent higher than a year earlier, according to…
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American Airlines to launch Budapest-Chicago flight in May
Hungarians have enjoyed an increasing number of direct flights from Budapest to various cities, and Chicago is just the latest.…
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Unemployment in Hungary continues to fall
In the three-month period of October-December 2019, the average number of unemployed people was 155 thousand and the unemployment rate…
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Hungary’s economic growth is the largest in Europe
During the inauguration of the new HUF 4.7 billion Vestfrost Zrt. production hall in Csongrád, Levente Magyar, Parliamentary State Secretary…
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Hungary sets up US$500 million investment fund with Indonesia
Hungary and Indonesia will set up a US$500 million investment fund to facilitate Hungarian companies’ participation in the development of…
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