Shrinking process
State budget 2016
The state budget of 2016 is currently being discussed by the responsible parliamentary committees after it was successfully approved by the budget committee. The final voting is expected by month`s[…]
On the plus side of the ledger
2014, a national inventory (part three)
The Central Statistical Office recently published an inventory of more than 100 pages about the previous year. We have been browsing through the sea of numbers for our readers, and[…]
Citizens get a taste of welfare
2014 – An inventory (Part 2)
The Central Statistical Office (KSH) has published an inventory of more than 100 pages about the previous year. We have browsed through the sea of numbers for our readers, and[…]
Debt hill casts its shadow over growth opportunity
IMF presents annual report on Hungary
The International Monetary Fund (IMF) has presented its annual report containing an evaluation of Hungary’s economic policy. A delegation of IMF experts stayed in Budapest from 21-30 January to prepare[…]
Playing around with billions
2014 – An inventory (Part 1)
The Central Statistical Office (KSH) has published an inventory of more than 100 pages about the previous year. We have browsed through the sea of numbers for our readers,and besides[…]
Growth – thanks to the Eastern opening?
Gross Domestic Product and exports
The Hungarian economy grew 3.6% last year, based on a broad foundation. According to the ambitious Minister of Foreign (Business) Affairs, Péter Szíjjártó, the policy of Eastern opening surely contributed[…]
Good and bad aspects of poor pay
Labour market between illusions and reality
Thanks to its bold economic policy, Hungary is returning to the top field of Central Europe – the government emphasises. In the past years they have been working very hard[…]
Diversification of supply remains a dream
Orbán, Putin step on the gas
We have fulfilled all requirements of the Hungarian partner, Russian President Vladimir Putin said in an obviously relaxed manner at the international press conference held with Prime Minister Viktor Orbán[…]
From Saul to Paul
Government redefines relationship with banking sector
The headlines always seem to be the same: the state buys up the top institute in the savings sector (Takarékbank), buys up MKB and BB, and now it is buying[…]
Economic wonderland
The sunny and the dark sides of Hungary’s labour market
“We Hungarians are working towards an economy that will provide jobs for all people in this country.” These are the words of Prime Minister Viktor Orbán, and they sound very[…]
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