“Hungary provides great opportunities for Australian companies. It is geographically well placed to tap into the broader continental European opportunities," the Senior Trade Commissioner for Central Europe, Anthony Weymouth tells Diplomacy&Trade.

The Hungarian stock exchange closed December trading with HUF 194 billion turnover and the daily average turnover was HUF 10.2 billion. Compared to December 2016, both numbers exceed the current value (178 and 8.5 billion forints).

The Chief Executive Officer of the Budapest Stock Exchange issued a resolution (No. 480/2017) on Thursday, December 28 to suspend the trading right in Debt Securities section of Merrill Lynch International for lack of traders.

In Hungary, the rate of inflation will reach 3% percent, consistent with price stability. That inflation target in the prognosis of the National Bank of Hungary's inflation report is expected to be achieved in a sustainable manner by the middle of 2019.

In line with its tradition, the Hungarian European Business Council (HEBC) has prepared its 2017 recommendations, titled 'Smart Hungary'. The Report explores issues that can help accelerate the country’s economic and social development.

After London, BlackRock held its career-building and networking event in Frankfurt, Germany. The world's largest financial fund management company prmoted the operation of the Budapest office, available job opportunities and potential career paths.

Respect for the standards of rule of law is required for the proper spending of EU funds – this was the conclusion drawn by several speakers at an international conference organized by Transparency International Hungary (TI) in Budapest.

The latest Economic Outlook published by the Organisation for Economic Cooperation and Development (OECD) says Hungary's recent strong economic performance is projected to continue into 2018, before softening somewhat in 2019.

A recent survey by the German-Hungarian Chamber of Industry and Commerce reveals that German companies are currently in excellent shape in the country. They are even more optimistic than the already very good results published in April.

The National Bank of Hungary has published its latest competitiveness report in order to analyse, examine and evaluate Hungary’s competitiveness and to explore the possibilities of further progress with over a hundred indicators.

The Hungarian Business Council for Sustainable Development (BCSDH) celebrates its ten-year anniversary. On this good occasion to look back, Diplomacy&Trade talked to the President of the
organization, Attila Chikán, Jr.

Siemens Ltd, the Hungarian subsidiary of Europe's largest industrial manufacturing company, has joined the working group of the National Supplier Program, the Hungarian Minister for National Economy Mihály Varga said at the signing of a letter of intent.

The British Chamber of Commerce in Hungary celebrated its 25th anniversary last year. Its Chairman Vazul Tóth tells Diplomacy& Trade regards it as a great achievement that the BCCH is among the most active bilateral chambers in Hungary.

As of September 21, 98% of all tariffs between Hungary and Canada are eliminated as the Canada-EU Comprehensive Economic and Trade Agreement – known as CETA – comes into effect through provisional application.

The Italian Chamber of Commerce in Hungary (Camera di Commercio Italiana per l'Ungheria – CCIU) held an Italian Business Day event in Debrecen, E Hungary with the participation of the Italian Ambassador to Hungary, Massimo Rustico.