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Mercedes plant to help local economy in Hungarian town 18 Dec 2008 |
The opening of a major Mercedes auto manufacturing plant will undoubtedly breathe new life into the local economy of Kecskemet, a town of 110,000 inhabitants located 85km from Budapest, the Hungarian... Read More
Hungarian consumer confidence high ahead of holidays 18 Dec 2008 |
In stark contrast to what is occuring in the West, Hungarian consumers appear prepared to spend more than ever this holiday season, despite the international financial crisis.... Read More
Hungary told to wait with euro adoption 18 Dec 2008 |
Agnes Csermely, a prominent economist associated with the Hungarian National Bank, believes that despite the rush towards euro zone membership, Hungary would be well advised to delay this process... Read More
Hungarian tourism sector shows healthy growth 01 Dec 2008 |
Hungary’s all-important tourism sector continues to show signs of healthy growth and expansion, with the most recently released figures demonstrating that more than 39.4 million tourists visited this... Read More
Hungarian government to pump $7 billion into economy 19 Nov 2008 |
Hungary’s Socialist government has decided to pump an unprecedented $7 billion into its economy, in order to stimulate greater economic growth and ensure that the country avoids the worst of the... Read More
Rejuvenated Budapest district attracts investors 12 Nov 2008 |
Budapest’s thirteenth district is becoming an increasingly popular borough of the Hungarian capital for investors looking to purchase flats in order to either flip or rent on a long-term or holiday... Read More
Hungary considers 4 billion euro bail-out plan for economy 12 Nov 2008 |
Hungarian Prime Minister Ferenc Gyurcsany’s minority Socialist government is considering a plan that would pump €3.9 billion into the economy, in order to stimulate growth and help steer this... Read More
Positive economic figures posted for Hungary 12 Nov 2008 |
The health of Hungary’s economy and finances seems to be improving more rapidly than previously expected, as the country’s budget deficit continues to decrease by greater proportions than anyone... Read More
New Budapest metro line to boost property prices 12 Nov 2008 |
Hungary’s capital city has long been known for its extensive public transportation system, with its dense network of tram, trolley, metro, cogwheel rail and suburban rail routes.... Read More
Poland expects impressive economic growth 29 Oct 2008 |
As yet another sign that much of the economic growth in Europe during a time of global financial crisis will occur in Eastern Europe, Poland is expected to post some of the most impressive economic... Read More
Tough government measures bolster confidence in Hungarian economy 28 Oct 2008 |
e Hungarian Socialist government has introduced a series of tough austerity measures aimed at shoring up international confidence in this Eastern European country’s economy, and the first signs seem... Read More
EU and IMF boost Hungarian economy 27 Oct 2008 |
The European Union and the International Monetary Fund have both decided to introduce measures aimed at boosting the Hungarian economy and ensuring that one of Eastern Europe’s largest markets is... Read More
Shrinking budget deficit good news for Hungarian economy 24 Oct 2008 |
During difficult economic times, a report that Hungary’s annual deficit is shrinking faster than had previously been expected, will likely boost confidence among investors in this emerging... Read More
Hungarian currency receives a boost after major rate hike 24 Oct 2008 |
The Hungarian National Bank (MNB) surprised many economic analysts today by raising the benchmark base rate by 300 basis points. As such, interest rates in this emerging Eastern European economy will... Read More

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