The value of export lessened by 3.5%, while that of import surpassed by 2.3% in EUR terms the same period of the previous year’s values in November 2024. The balance of the external trade in goods deteriorated by EUR 716 million, the Central Statistical Office reports. Compared to the previous month, the level of trade […]
Hungary has permanently lost EUR 1 billion (USD 1.03 billion) in European Union funds due to its failure to address corruption, marking an unprecedented move by EU authorities in Brussels. This decision represents the first enforcement of such measures in the bloc’s history. The European Commission announced Wednesday that Hungary had forfeited EUR 1 billion […]
The deficit of the general government sector in the third quarter of 2024 was HUF 621 billion, or 3.0% of GDP. The balance is HUF 133 billion, or 0.9 percentage point more favourable than a year earlier, the Central Statistical Office (KSH) reported this Friday. In the 3rd quarter of 2024 compared to the same […]
From January, Vodafone Hungary continues to operate under the name One Hungary Plc., the Vodafone HU mobile network is renamed One, and the Vodafone and Digi business networks are merged, the company 4iG told MTI on Thursday. In addition to the One brand, which previously covered Vodafone and Digi's residential and small business services, the […]
Five-time Olympic champion gymnast Ágnes Keleti, the Sportswoman of the Nation, Hungary's female athlete with the most Olympic medals, the world's oldest living five-time Olympic gold medalist and the oldest ever five-time Olympic gold medalist, passed away at the age of 103 years on Thursday morning. Ágnes Keleti – who would have celebrated her 104th […]
The year 2024 brought a recovery in the market for residential property for sale, partly due to lower lending rates and the additional subsidy for housing loans; according to last year's data and the current outlook, the housing market can expect to continue from momentum in 2025, according to ingatlan.com's own advertising data, MTI reported […]
Since February, domestic companies can apply for a subsidy of HUF 2.8-4 million per vehicle for the purchase of a pure electric car, van or minibus. More than two thirds of the EUR 30 billion budget was put out to tender last year, over half of it has been contracted and almost a fifth has […]
