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A Jewish renaissance in Hungary

Our compatriots enjoy this great country free of persecution, and we aim to keep it that way

PM Orbán on the V4: ‘We have never been stronger than we are now’

“The further the external border is from Hungary, the higher our security gets,” Orbán stressed

“We need to introduce additional measures to protect Hungary from illegal migration,” says Finance Ministry

Hungary’s new budget serves stability and security, while the upcoming EU budget would regroup funds from poorer states to richer ones

Security, growth, family and jobs play a central role in next year's budget

Here’s why Hungary rejects the latest draft of the 2021-2027 EU budget

What Hungary would like to see in the next EU budget is simple

Q&A on the upcoming amendment to Hungary’s Fundamental Law

Here’s a look at the details

GDP-growth

Blog Prime Minister

‘The Hungarian model is working,’ says PM Orbán, ‘but faces 5 threats this year’

Feb 27, 2017 - Zoltán Kovács

As a result of the hard work of Hungarian people, Hungary once again stands before an “economic breakthrough,” said Prime Minister Viktor Orbán addressing the Parliament earlier this week at the opening of the spring session.

News in Brief

Hungary's GDP is set to grow by 3.4 percent in 2017

Dec 12, 2016

By flooding the market with extra liquidity, the Hungarian central bank will be able to fine-tune interbank rates and short-term yields

Blog

Here’s why this major credit rating agency is bullish on Hungary and why the others should be too

Jun 01, 2016 - Zoltán Kovács

In recognition of Hungary’s successful efforts to revive its economy, Fitch Ratings upgraded the country to investment grade recently. Although the upgrade came earlier than statistics might suggest, it was no surprise as markets had already priced Hungary’s widely anticipated return to investment grade at multiple credit rating agencies this year. Fitch’s upgrade signals important recognition that Hungary’s reforms are working.

News in Brief

GDP growth rate set to rise during second quarter of 2016

May 17, 2016

Government measures are boosting domestic consumption, such as the Family Housing Allowance and the 5 percent VAT rate on property sales

News in Brief

2017 budget could help bring back Hungarians living abroad

May 10, 2016

The government’s measures will help the younger generation find the opportunities they seek

News in Brief

European Commission: Hungary's GDP to continue growth path in 2016 and 2017

May 05, 2016

European Commission predicts Hungary's GDP to rise even higher than originally thought

Blog

Forbes: Hungarian reforms are working

May 05, 2016 - Zoltán Kovács

A recent installment of the Global Investment Guide, a series published by Forbes, writes on the recovery of the Hungarian economy, noting that Hungary has reported even better than expected results in stimulating economic growth, reducing unemployment and cutting the GDP-to-debt ratio for the first quarter of 2016. Thanks to savvy reforms that work, Hungary’s bonds, equity markets and currency have recovered and are healthy again.

News in Brief

Hungary has enjoyed one of the highest growth rates in Europe in recent times

May 02, 2016

Hungary's success story is thanks in part to the government's adoption of unorthodox measures for economic recovery

Blog

Hungary’s 2017 Budget: More Stability, Deeper Tax Cuts

Apr 18, 2016 - Zoltán Kovács

The Hungarian Minister for National Economy Mihály Varga presented Hungary’s 2017 budget plan on Tuesday. The core message signals predictability and stability to investors, while maintaining the government’s popular “one step ahead” policy, especially for families. The budget plans for 3.1 percent GDP growth, a falling debt-to-GDP ratio and a deficit of 2.4 percent.