The government is reversing Hungary's withdrawal from the International Criminal Court (ICC) and revokes the termination of the court's statute and the agreement on the privileges and immunities of the court, in line with government resolutions published in the official government gazette on Friday night, MTI reports. According to one of the resolutions, the government […]

The Hungarian oil and gas company MOL Plc. notified the capital markets Friday evening on the website of the Budapest Stock Exchange that it received an official license from the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”) to continue negotiations on the purchase of a majority shareholding of Naftna […]

Hungary's cash flow-based general government deficit reached HUF 3,849.8 billion at the end of April, 91.3% of the full-year target, a detailed report released by the Finance Ministry, and reviewed by MTI, on Friday shows. The central budget deficit reached HUF 3,743.4 billion and the social security funds were HUF 150.3 billion in the red, […]

First-quarter after-tax profit of listed real estate broker DH Group climbed 55% year-on-year to HUF 0.9 billion, an earnings report released on the Budapest Stock Exchange and reviewed by MTI. Net sales revenue at DH Group (which includes Duna House in Hungary) increased 29% to HUF 12.9 billion. Domestic sales reached HUF 2.5 billion, while […]

The Hungarian economy is expected to grow by 1.4% this year and 2.2% next year, while average annual inflation could accelerate to 4.5% in 2027 from 3.2% this year, due to rising energy prices and the potential partial phasing out of certain price-capping measures, Erste Bank shared its latest forecast with MTI. The bank’s analysts […]

The volume of investments was 0.5% lower, according to raw data, in the 1st quarter of 2026 than in the same period of the previous year, the Central Statistical Office (KSH) reports. Compared with the previous quarter, the total value of investments – according to seasonally adjusted data – lessened by 0.4% at comparative prices. […]

The domestic wage level and minimum wage in Hungary put the country at the bottom of the European Union rankings – yet another challenge facing the new government that is getting settled. A new study looks at how much of an increase would remain economically sustainable. Between 2010 and 2019, domestic wages were characterized by […]

Every member of the Hungarian team returned with a medal from the European Girls' Olympiad in Informatics (EGOI) in Cesenatico, Italy, winning two golds, one silver and one bronze, Eötvös Lóránd University (ELTE) said on Thursday. The competition, held for the sixth time from May 12 to 18, aims to inspire more girls to pursue […]

The National Investigation Office of Hungary's Standby Police (KR NNI), along with its consortium partners, has secured EUR 5 million in EU funding until July 2029 to enhance the detection and prevention of cross-border drug trafficking and related crimes, the KR NNI director announced at the program's launch in Budapest on Thursday. The DELTA program, […]

The European Commission (EC) expects Hungary's GDP growth to accelerate to 1.8% in 2026 and 2.1% in 2027 on domestic demand and a recovery in exports, a spring forecast released on Thursday shows. GDP growth is set to pick up from 0.5% in 2025, "underpinned by domestic demand and exports, as well as improved confidence", […]

MBH Bank had a first-quarter loss of HUF 19.4 billion as it booked the bank levy and windfall profit tax for the full year during the period, an earnings report released on the website of the Budapest Stock Exchange on Thursday shows. The bank had HUF 54.1 bn adjusted profit after taxes (-6.1% y/y) in […]

After a six-year hiatus, a direct daily flight once again connects the United States and Hungary from this Thursday. American Airlines' schedule includes the seasonal flight between Philadelphia and Budapest until October 5, MTI reports. The dominant American airliner originally launched its direct seasonal flight to Budapest in 2018, but in 2020, air traffic stopped […]

Budapest Airport, the operator of the Ferenc Liszt International Airport in the Hungarian capital, has been working for months with the authorities and relevant organizations to ensure the smooth handling of airport operations related to the UEFA Champions League final in Budapest; Terminal 1 will operate as a fully functional terminal during the event, and […]

Home prices in Hungary rose 23.5% year-on-year in 2025, climbing at the fastest pace in the past 25 years, the National Bank of Hungary (MNB) highlighted in a report published on Wednesday. In real terms, home prices increased 19.0% last year. In the fourth quarter of 2025, home prices were 22.5% higher than the level […]

The Hungarian Hotels and Restaurants Association (MSZESZ) and the Hungarian Hospitality Employers' Association (VIMOSZ) hope for constructive professional consultation on introducing stricter measures for the employment of third-party country nationals as they are essential for dealing with sectoral labor shortage. VIMOSZ head Pál Zoltán Gál told MTI on Wednesday that several tourist attractions, restaurants, and […]

The design software market is changing worldwide, and Graphisoft has restructured its sales system accordingly, executives from the company – which develops design software for architecture – said at a press conference in Budapest on Tuesday. Tamás Bayer, Graphisoft’s sales director, explained that by introducing direct sales, they can establish a direct relationship with their users and […]