Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Tue, 27 Oct 2026 17:58:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://dteurope.com/wp-content/uploads/cropped-dt_favicon-32x32.png Diplomacy & Trade https://dteurope.com 32 32 Most Hungarian Households Back Wealth Tax Rollout https://dteurope.com/news/most-hungarian-households-back-wealth-tax-rollout/ Wed, 28 Oct 2026 08:11:00 +0000 https://dteurope.com/?p=81960 A billionaire's tax the government plans to introduce from 2027 enjoys broad support among households, while a little over half of companies expects the measure to have no impact on business, surveys by economic research institute GKI show. The representative survey of 1,000 people conducted in September shows 85% of Hungarians back the rollout of […]

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]]> Memorial plaque to WWII Hungarian prisoners in Poland https://dteurope.com/news/memorial-plaque-to-wwii-hungarian-prisoners-in-poland/ Tue, 27 Oct 2026 15:32:00 +0000 https://dteurope.com/?p=81965 A memorial plaque honoring Hungarian victims and prisoners was unveiled at the Polish memorial site established on the site of the former Nazi German death camp at Stutthof (Sztutowo) in Poland, the director of the Liszt Institute in Warsaw, Gáspár Keresztes said on Tuesday. The memorial plaque, created as a joint initiative between the Hungarian […]

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]]> Moderate House Price Growth in All Types of Settlements https://dteurope.com/news/real-estate/moderate-house-price-growth-in-all-types-of-settlements/ Tue, 27 Oct 2026 08:49:00 +0000 https://dteurope.com/?p=81962 According to the latest MNB House Price Index figures, the annual rate of house price growth moderated across all types of settlements in 2026 Q3, the National Bank of Hungary (MNB) reports on its website. In Budapest, following a decrease of 0.8% in the second quarter, house prices rose by 1.9% in the third quarter, […]

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]]> Hungary Signs Cooperation Pacts on EEA and Norway Grants https://dteurope.com/news/hungary-signs-cooperation-pacts-on-eea-and-norway-grants/ Mon, 26 Oct 2026 15:44:00 +0000 https://dteurope.com/?p=81955 For Hungary's government, the national interest is not a slogan but a yardstick, Finance Minister András Kármán said at the signing of cooperation agreements on the EEA Grants and the Norway Grants in Budapest on Monday, underlining that every forint and euro belonged wherever it brought the greatest benefit to Hungarians. The minister emphasized that […]

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]]> MVM Group Extends EPRI Membership https://dteurope.com/energy/mvm-group-extends-epri-membership/ Mon, 26 Oct 2026 13:19:00 +0000 https://dteurope.com/?p=81958 MVM Group has extended its Electric Power Research Institute (EPRI) membership until 2029, the state-owned Hungarian energy company said on Monday. According to the announcement, in 2015 the MVM Group joined the nuclear program of EPRI – a research institute established with the authorization of the United States Congress – which opened up the opportunity […]

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]]> Public Procurement Contract Value Falls 22% in Q1-Q3 https://dteurope.com/business/public-procurement-contract-value-falls-22-in-q1-q3/ Mon, 26 Oct 2026 12:50:21 +0000 https://dteurope.com/?p=81953 The value of public procurement contracts in Hungary fell 22% year-on-year to HUF 2,627 billion in the first three quarters of this year, a report published by the Public Procurement Authority on Monday shows. The number of contracts rose 9% to 12,481 during the period. Construction contracts accounted for 27.0% of the value of public […]

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]]> Hungarian Stock Exchange Ends the Week with Losses https://dteurope.com/economy/hungarian-stock-exchange-ends-the-week-with-losses/ Sun, 25 Oct 2026 19:54:00 +0000 https://dteurope.com/?p=81950 Amid declining trading volume, the Budapest Stock Exchange (BSE) stock index, the BUX, closed at 142,048.59 points on Thursday during the four-day trading week, down 3,422.53 points, or 2.35%, from the previous week. Weekly trading volume totaled HUF 104.67 billion, down from HUF 146.78 billion the previous week, with leading stocks – with the exception […]

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]]> HUF 25 Bn for the Development of Business Exports https://dteurope.com/economy/huf-25-bn-for-the-development-of-business-exports/ Sun, 25 Oct 2026 08:33:00 +0000 https://dteurope.com/?p=81948 HUF 25 billion will be allocated to the development of business exports, Minister of Economy and Energy István Kapitány wrote in a social media post on Sunday. According to the minister, Hungarian expertise is export-ready, and it is time for Hungarian companies to be as well. Hungary is an open economy, and its growth depends […]

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]]> Nearly Half of Hungarians Use AI for Financial Matters https://dteurope.com/finance/nearly-half-of-hungarians-use-ai-for-financial-matters/ Sat, 24 Oct 2026 10:57:00 +0000 https://dteurope.com/?p=81943 48% of Hungarians use artificial intelligence (AI) at least occasionally for financial or insurance matters, but 64% of them still turn to people when making important decisions, according to an international representative survey conducted by Ipsos on behalf of the financial advisory firm OVB. A press release by OVB points out that the survey – […]

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]]> More Hungarians Interested in Spanish Real Estate https://dteurope.com/news/real-estate/more-hungarians-interested-in-spanish-real-estate/ Sat, 24 Oct 2026 09:28:00 +0000 https://dteurope.com/?p=81946 At Hungarian real estate broker Duna House’s (DH) office in Spain, 15% more Hungarian clients expressed interest in Spanish real estate this year than a year ago; Hungarians are typically looking for smaller apartments, the real estate agency has disclosed. According to the data, more than 60% of the Spanish apartments purchased by Hungarians are […]

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]]> 1956 Commemoration Ceremony with EU Leaders in Budapest https://dteurope.com/anniversary/1956-commemoration-ceremony-with-eu-leaders-in-budapest/ Fri, 23 Oct 2026 15:28:00 +0000 https://dteurope.com/?p=81937 A ceremonial session was held in the National Assembly, attended by Hungarian public officials, European Union leaders, and heads of state and representatives from several countries, to mark the 70th anniversary of the revolution of October 23, 1956. At the session, Ursula von der Leyen, President of the European Commission, greeted the attendees in Hungarian, […]

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]]> Summer Passenger Numbers at Budapest's Main Airport Up 14% https://dteurope.com/travel/summer-passenger-numbers-at-budapests-main-airport-up-14/ Fri, 23 Oct 2026 08:24:00 +0000 https://dteurope.com/?p=81940 The Hungarian capital's Ferenc Liszt International Airport had its strongest summer on record as summer passenger numbers exceeded 6.2 million, climbing 13.7% from the base period, airport operator Budapest Airport announced. In September, not even the start of the school year could slow down the soaring passenger traffic, the start of fall brought 1,955,581 passengers, […]

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]]> Cautious, Data-Driven Monetary Policy https://dteurope.com/economy/cautious-data-driven-monetary-policy/ Fri, 23 Oct 2026 04:44:21 +0000 https://dteurope.com/?p=81917 The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate on hold at 5.50% at a monthly policy meeting this week. According to an analyst, the central bank continues to pursue a cautious, data-driven monetary policy, which is currently resulting in a wait-and-see approach. In a statement […]

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]]> Business Confidence Up, Consumer Sentiment Down https://dteurope.com/business/business-confidence-up-consumer-sentiment-down/ Thu, 22 Oct 2026 11:07:00 +0000 https://dteurope.com/?p=81932 Business sentiment edged higher but consumer confidence deteriorated in Hungary in October, a monthly gauge by economic research institute GKI shows. GKI's business confidence index rose to -7.4 points in October from -8.3 in the previous month. Sentiment improved in the industrial and service sectors, but worsened in the construction and commerce sectors. The survey […]

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]]> New Car Registrations in Hungary Climb 13% in Jan-Sept https://dteurope.com/news/new-car-registrations-in-hungary-climb-13-in-jan-sept/ Thu, 22 Oct 2026 08:33:00 +0000 https://dteurope.com/?p=81927 The number of new passenger car registrations in Hungary rose 13.0% year-on-year to 108,422 in January-September, data compiled by the European Automobile Manufacturers' Association (ACEA) show. Sales of battery electric vehicles surged 30.1% to 10,443 during the period. Sales of plug-in hybrids rose by 111.8% to 9,834, while sales of hybrids increased by 12.7% to […]

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