Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Wed, 08 Jul 2026 11:19:27 +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 Growing Surplus in General Government Funds in June https://dteurope.com/economy/growing-surplus-in-general-government-funds-in-june/ Wed, 08 Jul 2026 10:17:20 +0000 https://dteurope.com/?p=80616 Hungary's cash flow-based general government deficit reached HUF 3,382.2 billion at the end of June, 80.2% of the full-year target, the Finance Ministry said in a preliminary release of data on Wednesday. As MTI reports, the central budget deficit reached HUF 3,271.4 billion and the social security funds were HUF 214.6 billion in the red, […]

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]]> New Interim Leadership at Public Media in Hungary https://dteurope.com/news/new-interim-leadership-at-public-media-in-hungary/ Tue, 07 Jul 2026 12:41:00 +0000 https://dteurope.com/?p=80610 The interim chief executive of Media Services Support and Asset Management Fund (MTVA), András Horváth, arrived at the MTVA headquarters in Budapest on Tuesday morning together with his interim leadership appointees, the MTVA Press and Marketing Office said in a statement on Tuesday. Their task is to review the operations of the public media, ensure […]

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]]> International Development to Be Led by Hungarian Project https://dteurope.com/sustainability/international-development-to-be-led-by-hungarian-project/ Tue, 07 Jul 2026 11:04:05 +0000 https://dteurope.com/?p=80605 A Hungarian consortium will lead SUSTAINCrop, a 36-month international project, studying development opportunities of a bio-based economy in Europe from June, the project's leaders told MTI. The new Horizon Europe project will develop tools to compare different crop production systems and assess the environmental and economic impact of renewable plant-based raw materials, including rapeseed, sugar […]

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]]> BMW Sales in Hungary Up 19% in H1 2026 https://dteurope.com/automobile/bmw-sales-in-hungary-up-19-in-h1-2026/ Tue, 07 Jul 2026 10:29:00 +0000 https://dteurope.com/?p=80608 BMW Group Magyarország increased sales of its BMW models by 18.9% to 3,909 on the Hungarian market in the first half, retaining its leading position in the premium segment, the company told MTI. With sales growth exceeding the 13.3% average of the Hungarian market, BMW took sixth place on the entire market for new cars, […]

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]]> Hungary CPI Edges Down to 1.7% in June https://dteurope.com/economy/hungary-cpi-edges-down-to-1-7-in-june/ Tue, 07 Jul 2026 08:10:00 +0000 https://dteurope.com/?p=80602 Hungary's annualised consumer price index fell to 1.7% to in June from 1.8% in the previous month, data released by the Central Statistical Office (KSH) on Tuesday, and reviewed by MTI, show. Food prices inched up 0.2%, but fell 2.4% excluding the price of eating out. Pork prices fell 10.9% and potato prices dropped 7.6%. […]

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]]> Hungary Completes EUR 3 Billion Bond Issue https://dteurope.com/economy/hungary-completes-eur-3-billion-bond-issue/ Tue, 07 Jul 2026 06:59:00 +0000 https://dteurope.com/?p=80613 Hungary completed a EUR 3 billion issue of euro bonds on Monday, the Government Debt Management Agency (ÁKK) has said in a statement. As MTI reported Tuesday morning, ÁKK sold EUR 1.5 billion of a five-year bond and EUR 1.5 billion of a ten-year bond. The five-year bond had a yield of 3.62% and a […]

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]]> DH Group Commissions Revenue Climbs 25% in Q2 https://dteurope.com/finance/dh-group-commissions-revenue-climbs-25-in-q2/ Mon, 06 Jul 2026 13:18:00 +0000 https://dteurope.com/?p=80600 The financial and real estate broker DH Group delivered a record second quarter in 2026: despite the forint’s approximately 11% year-on-year appreciation against both the euro and the zloty, intermediated loan volumes grew so strongly that Group-level volumes exceeded HUF 400 billion for the first time in the Group’s history, with all three countries reaching […]

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]]> At TRIBE Budapest Airport Meetings Are Designed Around Business’s Most Valuable Resource: Time https://dteurope.com/hospitality/at-tribe-budapest-airport-meetings-are-designed-around-businesss-most-valuable-resource-time/ Mon, 06 Jul 2026 09:20:00 +0000 https://dteurope.com/?p=80077 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, […]

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]]> Retail Sales Rise 3.8% in May https://dteurope.com/trade/retail-sales-rise-3-8-in-may/ Mon, 06 Jul 2026 08:17:00 +0000 https://dteurope.com/?p=80595 Retail sales in Hungary rose 3.8% year-on-year in May, data released by the Central Statistical Office (KSH) on Monday show. Retail sales rose 4.8% when adjusted for calendar year effects. Adjusted food sales increased 3.2%, non-food sales rose 7.4% and turnover at petrol stations climbed 8.4%. Online and mail-order sales volume, which accounted for 8.6% […]

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]]> Hungarian Stock Market Hit Record Highs This Week https://dteurope.com/economy/hungarian-stock-market-hit-record-highs-this-week/ Sun, 05 Jul 2026 12:27:00 +0000 https://dteurope.com/?p=80588 The Budapest Stock Exchange (BSE) stock index, the BUX, rose 2.35% from last week’s close to reach a record high of 143,072.29 points on Friday. Weekly trading volume rose from HUF 103.0 billion to HUF 137.5 billion; leading stocks posted mixed results, with OTP setting a new all-time high. The stock market index started the […]

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]]> Toyota Still Tops the Hungarian New Car Market https://dteurope.com/automobile/toyota-still-tops-the-hungarian-new-car-market/ Sun, 05 Jul 2026 09:59:00 +0000 https://dteurope.com/?p=80591 Toyota has strengthened its leading position in the Hungarian new car market in the first half of 2026; the Japanese brand increased its market share to 12.9% with sales of 9,929 vehicles, Toyota Central Europe informed MTI in a press release. Its sales grew by 16.1% in the first half of the year, outpacing the […]

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]]> Mol Group Enters the Polish Bond Market with a Bond Issue https://dteurope.com/finance/mol-group-enters-the-polish-bond-market-with-a-bond-issue/ Sun, 05 Jul 2026 08:24:00 +0000 https://dteurope.com/?p=80586 The Hungarian Mol Group has successfully completed the pricing of its first Polish zloty-denominated bond issue on the Polish market; the five-year bond has a total issue amount of PLN 850 million, the company has informed MTI. According to the announcement, the transaction marks an important milestone in the implementation of the Mol Group’s long-term […]

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]]> New Car Registrations Climb 13% in H1 https://dteurope.com/automobile/new-car-registrations-climb-13-in-h1/ Sat, 04 Jul 2026 08:50:00 +0000 https://dteurope.com/?p=80579 The number of new passenger car registrations in Hungary rose 13.3% to 74,905 in the first half from the same period a year earlier, the Hungarian Association of Vehicle Importers (MGE) said on Friday. Growth in the electric vehicle segment remains strong. In the first six months, 7,498 electric passenger cars were registered, representing a […]

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]]> Extended High-Season Shipping Services at Lake Balaton https://dteurope.com/news/extended-high-season-shipping-services-at-lake-balaton/ Sat, 04 Jul 2026 07:51:00 +0000 https://dteurope.com/?p=80582 Balaton Shipping Co. (Bahart), which is celebrating its 180th anniversary this year, is welcoming passengers through the end of August with extended peak-season service, a more frequent schedule, and popular program boats, the company informed MTI in a press release this week. The shipping company’s scheduled ferry services connect 16 towns around Lake Balaton, with […]

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]]> Energy Tenders Worth HUF 500 Billion Called https://dteurope.com/energy/energy-tenders-worth-huf-500-billion-called/ Sat, 04 Jul 2026 07:36:00 +0000 https://dteurope.com/?p=80577 Over HUF 500 billion worth of energy tenders were called on Thursday, Minister of Economy and Energy István Kapitány has said in a social media post. The electricity grid and smartmeter upgrades will pave the way for connecting more renewables capacity to the grid in order to boost safety of supply and reduce Hungary's vulnerability, […]

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