According to Hungarians, there will be a vaccine against the coronavirus, and the majority believe that it will be available to everyone in a year at the earliest. 55% of the population would most likely self-administer an approved vaccine. The results of a national representative research commissioned by the Association of Innovative Pharmaceutical Manufacturers (AIPM) […]

Wastewater tests carried out by the National Center for Public Health (NNK) showed a slight increasing trend in the amount of SARS-CoV-2 virus hereditary material in week 32 of the pandemic in Budapest and Debrecen. According to international experience, an increase in the concentration detected in wastewater is 4-10 days ahead of the increase in […]

Two elderly chronically ill people died in Hungary, bringing the number of deaths new coronavirus infection (COVID-19) in this country to 602. The new coronavirus infection (COVID-19) was detected in 24 more Hungarian citizens, which increased the number of infected people in Hungary to 4,621 with 3,464 already recovered. The number of active infections is […]

As the world is preoccupied with tackling the economic fallout caused by the coronavirus crisis, a new trend is emerging: a more pronounced drive toward sustainable consumption. Less meat and shorter travels, more local produce in the shopping cart, and a conscious departure from mass consumption are the key aspects of this new consumer behavior. […]

A 50-year-old chronically ill man died in Hungary, bringing the number of deaths new coronavirus infection (COVID-19) in this country to 597. The new coronavirus infection (COVID-19) was detected in 21 new Hungarian citizens, which increased the number of infected people in Hungary to 4,526 with 3,364 already recovered. The number of active infections is […]

The economic crisis triggered by the coronavirus pandemic has wreaked havoc in nearly all sectors of the Hungarian economy and the real estate market was no exception. The latest data show that the number of construction permits plummeted in the wake of the crisis and experts warn that the disappearance of foreign property buyers could […]

Over the period of April-June 2020, the average number of people employed in Hungary was 4,408,000 – 103,000 fewer than a year before, the Central Statistical Office (KSH) reports. According to KSH, the economic consequences of the coronavirus epidemic affected the study period in its entirety, so their effects are reflected in the reported employment […]

The Federation of Hungarian Jewish Communities (Mazsihisz) and the Budapest Jewish Community (BZSH) have closed down the synagogues in Budapest for two weeks and impose a ban on visiting Mazsihisz's Budapest hospital and BZSH nursing home. The Mazsihisz website writes that the leadership of Mazsihisz learned on Sunday that a relative of one of the […]

Based on samples taken from wastewater, the number of active coronavirus cases is not expected to increase in the next few weeks, Márta Vargha, senior water hygiene expert at the National Center for Public Health (NNK). The examination of wastewater started in May, i.e. during the period of the epidemic, first in Budapest and then […]

The 2008 global financial crisis left the world reeling from the near-collapse of the global financial system and recovery has proved slower and more protracted than most expected. Despite the seeming restoration of normalcy in the global economic processes over the past decade, the crisis triggered by the coronavirus epidemic has brought to light the […]

Stagnating price indices, fewer transactions and record-high demand in the past few months – these were some of the features of the Hungarian property market in Q2 2020. This period was highly influenced by the socio-economic changes brought about by the COVID-19 pandemic. Of all the property market indices the one published by the national […]

Economists and policy makers are still struggling to assess the scope of the global economic fallout that the coronavirus epidemic is leaving in its wake. Some analysts argue that central and eastern Europe, and consequently Hungary, could emerge from the economic malaise stronger than before. The jury is still out as to the shape and […]

In the WittyLeaks series, Diplomac&Trade regularly publishes the personal accounts of ambassadors and other diplomatic mission leaders accredited to Budapest. This time, the Malaysian Ambassador shares his thoughts of living through periods of epidemic. The rapid and sudden global spread of the novel coronavirus, the cause of the COVID-19 disease, has been disruptive and played […]

The number of identified coronavirus infections in Hungary increased by eighteen to 4,333, there are no new deaths, according to the government website koronavirus.gov.hu. The number of deaths from the infection remained unchanged at 596, and 3,223 people had already recovered. The number of active infections is 514. 82 coronavirus patients are treated in hospital, […]

All public events lined up for the August 20 national holiday have been cancelled in light of coronavirus protection measures, the Minister heading the Prime Minister's Office, Gergely Gulyás announced this Thursday. The events would have included an air show and the traditional fireworks in the evening. As the minister said at his regular weekly […]