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Digital Development: Hungary Still Lags Behind in EU

Aug 4, 2022

Hungary ranks 22nd out of the 27 EU Member States in the Digital Economy and Society Index (DESI) 2022. Over the last few years, it progressed in line with the EU, the latest DESI country report states. On Human capital, the country ranks 23rd, scoring 38 compared to the EU average of 46. 49% of […]

Financial Sector: Improvement in Digitalisation

Jun 20, 2022

In 2021, the digital transformation of the financial sector gained new momentum both at international and domestic level. That is according to the National Bank of Hungary (MNB) in its FinTech and Digitalisation Report on the global and Hungarian FinTech ecosystem and the digital maturity of the domestic banking and insurance sector published for the […]

Minister Mihály Varga (in the middle) at the Regional Digital Summit | Zoltán Balogh /MTI

Hungary active participant in digital transformation

Jan 29, 2018

“The key to switching into a higher gear in the economy lies in the acceleration of digital transformation and the improvement of competitiveness,” Minister for National Economy Mihály Varga said at the Regional Digital Summit in Budapest.

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