The average monthly rent in Budapest fell to 156,000 forints (EUR 437) at the end of the second quarter from 175,000 forints at the start of the year, a new joint research project of the Central Statistical Office (KSH) and realtor Ingatlan.com shows.
Hungary’s foreign policy is focused on promoting the country’s economic interests, Foreign Minister Péter Szijjártó told a meeting of Hungarian ambassadors.
This year’s Budapest Design Week, held between Oct. 1 and 11, will focus on the circular economy, organisers said.
Reducing and recycling waste is a key aim for the government as value-based waste management is the foundation of a circular economy, László Palkovics, the innovation and technology minister, told an online conference.
Hungarian rate-setters kept the central bank’s base rate on hold at 0.6%.
The government expects the economy to start recovering next year, with growth of above 4% and a budget deficit below 3%, a finance ministry official said in an interview with public radio.
Foreign Minister Péter Szijjártó said China and Hungary strove to restart economic cooperation after a setback due to the coronavirus pandemic this spring.
About 19% of Hungarians made the switch to digital billing while the country went into temporary lockdown in the spring to contain the spread of the novel coronavirus, a survey commissioned by electronic billing service provider Díjnet shows.
The government will launch a campaign in days to promote Hungarian products, state secretary Csaba Dömötör said in a video message posted on his Facebook page.
The government expects to be ready with a new two-year plan to boost economic growth by mid-September, Prime Minister Viktor Orbán told public broadcaster Kossuth Radio.
