News in Brief
IMF forecast: Hungarian economy to return to growth this year
The IMF forecasts 3.3 percent growth for 2025, and only Malta, Romania and Poland are expected to grow at a faster clip of 3.5-4.0%.
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Finance Minister: Hungary prepared for EU's 2025 budget
Minister Varga said this year Hungary will take up the presidency of the European Union “for the second time amid challenging times”.
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NBH rate-setters cut base rate by 50 basis points to 7.75%
The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.
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FM: Electromobility “revolution" will have big impact on global economy
Thanks to its close economic and investment cooperation with China, Hungary belongs among “the global frontrunners” of the technological transformation in the world, Minister Szijjártó said.
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Zoltán Kovács: Hungary prepares for EU Presidency, eyes cooperation with China and the U.S.
State Secretary Kovács sat down for a quick interview with Economx.hu following his lecture at their Business Talks'24 conference.
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PM Orbán embarks on a campaign tour of rural Hungary
The prime minister said farm prices had imploded due to “flawed decisions in Brussels”, and the remedy was to elect new EU leaders.
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FM: The “witch hunt” against Hungarian companies in Ukraine is ongoing
Minister Szijjártó said discrimination against Hungarian companies was unacceptable and the procedures were unfounded.
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President Sulyok: Hungary won’t abandon its sovereignty
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FM: Brussels is preparing for a world war
Minister Szijjártó said Ukraine was increasingly on the back foot in the war against Russia, which he said had prompted a “dangerous response” in Brussels.
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Government to distribute another 193,000 laptops to students
Bence Rétvári said the laptops, distributed in the third year of the government scheme, would benefit 5th, 6th, and 9th graders.
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MEPs turn to EP president over NatCon shutdown
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FM: EU pressure on Hungary to be ramped up over 14th sanctions package against Russia
The foreign minister said previous sanctions had caused more damage to Europe than to Russia, and that European citizens had been the ones to pay the price, including Hungarians who had nothing to do with the war.
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PM Orbán: Hungary will not get involved in Russia-Ukraine war
The prime minister said the left wanted “a puppet pro-war government controlled by Brussels and Washington” instead of a pro-peace government.
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PM Orbán: Fidesz got the Hungarian economy back on its feet
“We’re the ones who got the Hungarian economy back on its feet after … the left bankrupted it,” PM Orbán said.
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President Sulyok: Hungary to be renewed church of Europe where people come for strength
“We can be proud that in Hungary still there is a will and the necessary resources to renew churches,” the president said.
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Deutsch: For us Hungary always comes first
Tamás Deutsch told the campaign launch event for the European Parliament election that all candidates on the EP list were dedicated and well-prepared patriots who had already demonstrated their talent.
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PM Orbán: Europe is balancing on the borderline between oppression and freedom
“Brussels has a pro-war majority now, there is an atmosphere of war in Europe and politics are ruled by a war logic,” PM Orbán said.