Companies invest significant resources in improving efficiency: processes, costs, teams and tools are constantly optimized. Yet one area is still often overlooked: the way meetings are organized. The real cost of a meeting is rarely the venue, catering or technology. More often, it is time. A two-hour meeting is almost never just two hours. Travel, […]
Amid rising trading volume, the Budapest Stock Exchange (BSE) stock index fell this week; on Friday, the BUX closed at 142,467.45 points, down 0.42 points from the previous week. Weekly trading volume was HUF 104.7 billion, up from HUF 103.0 billion the previous week; leading stocks weakened, with the exception of Mol. On Monday, the […]
Thanks to continuous restocking, by the second week of July, Hungary already had crude oil and fuel reserves equivalent to 87 days of imports, which is a major improvement compared to the low of 44 days recorded at the end of March, Minister of Economy and Energy István Kapitány has announced on social media. He […]
Hungary has become a full member of the Friends of the Western Balkans group, Foreign Minister Anita Orbán said in a video message on social media on Saturday. Hungary was invited to participate at a meeting of the group in Rome on Saturday as an observer, but was asked to become a full member during […]
A full-chain carbon capture and storage (CCS) project at the biorefinery of Hungary's Pannonia Bio is proceeding on schedule. In the framework of the European Union-funded Danube Removals project, launched in the spring of 2024, more than 500,000 tonnes of biogenic CO2 a year will be collected and injected into a permanent geological storage site. […]
Hungary's largest financial institution, OTP Bank has signed a strategic cooperation agreement with the Budapest University of Technology and Economics (BME) covering instruction, research and recruitment in the area of cybersecurity, the lender said in a statement. In the framework of the cooperation, OTP's experts will participate in the university's cybersecurity training programmes and contribute […]
UniCredit Bank sees Hungary's economy expanding by 1.3% in 2026 and 2.5% in 2027, the lender's chief analyst for Central and Eastern Europe said on Friday. Mauro Giorgio Marrano said industry could contribute to growth in 2026, pointing to positive trends in export-oriented branches. Consumption appears stable and real wages are on the rise, while […]
European Union finance ministers approved Hungary's new Recovery and Resilience Facility (RRF) plan at an ECOFIN meeting in Brussels on Friday. The new plan should allow for EUR 10 billion to be disbursed to Hungary, made up of around EUR 6.5 billion in grants and EUR 3.5 billion in loans, the Council said in a […]
This Friday, the European Commission (EC) adopted a decision confirming Hungary's participation in the European Public Prosecutor's Office (EPPO), following Hungary's request to join it in May 2026, the Commission says in a statement on it website. With today's decision, Hungary will now be the 25th Member State to join the EPPO, reflecting its renewed […]
The political strength of our continent in the coming decades depends on the accession of the Balkan countries to the European Union. This is the most important geostrategic investment of our time, because security, competitiveness, and enlargement are now inseparable: without completing its reunification, the European Union will never achieve the scale necessary to compete […]
Volume of market services expanded around 60% in the period between 2010 and 2026, outpacing the 20% growth of the other sectors of Hungary's economy, an analysis by economic research institute GKI shows. Within market services, the ICT sector expanded the most during the period (156%), followed by business services (127%), driven by digitalization and […]
Consumer prices in Hungary rose by 1.7% year-on-year in June 2026. Relative to the 1.8% observed in May, the annual growth rate of prices was down by 0.1 percentage point. Core inflation, and core inflation excluding indirect tax effects, remained unchanged at 2.0%, the National Bank of Hungary (MNB) states in its latest flash analysis […]
The first official US congressional delegation to visit Hungary since the April 12 elections held "open and candid" discussions with the new Hungarian government about its plans and Hungarian-US relations, Democratic Senator Jeanne Shaheen, the delegation's leader, said in Budapest on Thursday. The delegation, arriving from the NATO summit in Ankara, met Foreign Minister Anita […]
Hungarian lender MBH Bank has decided to issue another EUR 500 million in MREL-eligible bonds as part of its international bond program: Investor interest was high, with the offering nearly two and a half times oversubscribed; the bank ultimately decided to issue bonds with a total face value of EUR 500 million, the financial institution […]
Around 200 civil and professional organizations have drafted proposals for climate legislation, the lawyer in charge of the initiative, Gábor Baranyai said at a press conference on Thursday. He stated the proposals, drafted with the help of 40 experts, would be submitted to the government. Marcel Szabó, a member of the Constitutional Court, said the […]
