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January 2022

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Real Estate Sales in Hungary Up by 15% in 2021

D&T
Jan 3, 2022

According to estimates by the real estate brokerage firm Duna House, based on its own data, there were 150,974 sales on the Hungarian real estate market last year, which is 15% higher than in 2020, the company told the state news agency MTI on Monday. The real estate distributor estimates that the 11,422 real estate […]

Serving Members and Partners Professionally

D&T
Jan 3, 2022

The French-Hungarian Chamber of Commerce and Industry (CCI France Hongrie) celebrated its 30th anniversary in 2021. On this occasion, the President, László Károlyi and the Director, Ágnes Ducrot talked in the December issue of Diplomacy&Trade about the chamber, the anniversary and the services the organization offers to its members and partners. The Chamber's website says: […]

COVID-19: 248 Deaths at the Long Week-End in Hungary

D&T
Jan 3, 2022

The 248 deaths in the past three days, most of them elderly, chronic patients, bring the official total number of deaths to 39,434. The number of people recovered is now 1,121,823 and the number of active infected persons has decreased to 101,023, according to the related government website. In the past three days, a total […]

Another Renowned Restaurant Closes Down in Budapest

D&T
Jan 2, 2022

Not long after Olimpia did so, another legendary restaurant is closing in Budapest: the Hungarian fine dining pioneer Csalogány26 has announced on Facebook that it will no longer open. As the business news site hvg.hu writes, citing the gastronomy journal Magyar Konyha ('Hungarian Kitchen'), the decision was not only influenced by the coronavirus epidemic, there […]

Hungarian Currency Further Loses Value in 2021

D&T
Jan 2, 2022

The Hungarian forint (HUF) weakened in 2021: by 1.3% against the euro (EUR), 9.3% against the American dollar (USD) and 6.0% against the Swiss franc (CHF). On December 31, the forint ended the year at 368.87 forints against the euro and 324.48 forints against the American dollar, while the Swiss franc stood at 355.55 forints. […]

Active Cooperation with Hungary

D&T
Jan 1, 2022

“Hungarian-French relations are very good in general. After the difficult times of the pandemic, personal, direct consultations could also resume recently.”  That is according to the Ambassador of the Republic of France to Hungary, Pascale Andréani. In addition to describing the strong economic relations and active French investor presence here, she also outlines – in […]

Let Us Strengthen Our Will to Do Something!

D&T
Jan 1, 2022

"I wish that we not only retain but also strengthen our will to do something in the New Year, so that we are not overcome by apathy and resignation," Hungarian President János Áder said in his televised New Year's greetings. He quoted from an essay by the recently deceased world-famous Hungarian psychologist Mihály Csíkszentmihályi that […]

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