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PM Orbán: High level of preparedness ordered in hospitals

“The number of infections is expected to grow drastically in the next two weeks. This is why a high level of preparedness had to be ordered in hospitals,” PM Orbán said.

Hungarian government decides to speed up the administration of COVID-19 vaccines

By freeing up all newly procured vaccines and those currently in stock, Hungary aims to double the speed of mass inoculation in an attempt to vaccinate as many Hungarians, as early as possible.

Kulturkampf? State-funded Germany TV launches… Hungarian-language programming

Considering recent forays by another German public broadcaster into Hungary’s domestic affairs, we’re super excited about Deutsche Welle’s new, Hungarian-language programs.

CORONAVIRUS: Here's the latest

A regularly updated feed of the latest information about coronavirus in Hungary.

PM Orbán: If we defeat the third wave, we may begin the reopening

Speaking on public radio this morning, Prime Minister Viktor Orbán confirmed that the third wave of the coronavirus has arrived in Hungary and commended the country’s healthcare system for being “exceptionally strong."

Q&A: Hungary and the coronavirus

Here are some of the most frequently asked, coronavirus-related questions, and answers.

National Consultation on the lifting of COVID-19 restrictions coming soon! Here are the key topics

Several questions related to the reopening of the country will be part of an online national consultation that will kick off in the coming days.

IMF

News in Brief

IMF commends Hungary’s strong economic growth

Dec 06, 2019

The IMF projects Hungary’s GDP growth at 4.9 percent this year and the economy will expand by 3.5 percent next year.

News in Brief

IMF predicts Hungary’s 2021 GDP growth at 2.9 percent

Nov 07, 2019

Within its November 2019 Regional Economic Outlook report for Europe, the IMF said inflation could reach 3.3 percent in the same year.

News in Brief

IMF raises its projection for Hungary’s GDP growth

Oct 16, 2019

The International Monetary Fund (IMF) has raised its projection for Hungary’s GDP growth to 4.6 percent this year in its fresh World Economic Outlook.

News in Brief

OPINION: Hungary aims for balanced budget in 2020

Jun 24, 2019

Péter Novoszáth writes that Hungary will have a balanced budget in 2020, which shows how far the economic policy of the current government has taken the country in the past nine years.

News in Brief

IMF raises Hungary's GDP growth forecast to 3.6 percent

Apr 10, 2019

The monetary fund sees the unemployment rate dropping to 3.5 percent in 2019 and to 3.4 percent in 2020

News in Brief

IMF sees Hungary’s macroeconomic position as “stable”

Jun 28, 2018

In a new report, the IMF said it considers Hungary’s 2018 growth prospects strong and next year’s draft budget reassuring

News in Brief

EBRD and IMF bullish on Hungary's growth forecast for 2018

May 10, 2018

In its Regional Economic Prospects, the EBRD upwardly revised a former prediction on Hungary’s economic growth for this year by 0.4 points to 3.8 percent GDP

News in Brief

IMF raises its prediction for Hungary's GDP growth by 0.4 percentage points

Apr 19, 2018

IMF's move supports international economic institutions and analysts who acknowledge that Hungary’s pro-growth economic policy, based on tax cuts and wage hikes, has been effective

Blog

Economic growth in Hungary more dynamic than in the West, Swiss daily says

Nov 15, 2017 - Zoltán Kovács

Lately, Central Europe has become the driving force behind the European Union’s economic development. In the third quarter of this year, the EU’s economy expanded by 2.5 percent while Hungary’s GDP grew by 3.6 percent, and the V4 as a whole have been out-performing much of the rest of the EU.

News in Brief

Hungary's economy is booming as IMF forecasts GDP growth, construction output is up and industrial sector expands

Nov 14, 2017

The International Monetary Fund has forecast Hungary’s GDP growth by 2.8% in 2019, the construction sector output rose by 23.8% in September year-on-year and the industrial sector output grew by 5.4 percent

News in Brief

IMF raises its forecast for Hungary's GDP growth

Oct 11, 2017

The International Monetary Fund (IMF) has raised its forecast for Hungary’s GDP growth to 3.2 percent in its latest World Economic Outlook

News in Brief

The IMF says Hungary's outlook is 'favorable'

Mar 10, 2017

Hungary's economic growth is projected to be 3 percent this year. Employment is expected to grow further and the economy may begin to operate at full capacity in the course of 2017

Blog

‘We don’t like to live off of other peoples’ money’

Apr 12, 2016 - Zoltán Kovács

Yes, the loan is paid off. Commenting last week on the good news, Prime Minister Orbán said that “Every Hungarian family has a good reason to open a good bottle of red wine tonight and drink to the health of the country because yesterday we succeeded in settling the old debt that the previous government took on in 2008."