Foreign Minister Péter Szijjártó told a press conference that a recent agreement on the Nord Stream 2 gas pipeline “has made clear that Russia will continue to be crucial for Europe’s gas supplies in future”.
Close, mutually beneficial cooperation with Russia is in Hungary’s interest, Foreign Minister Péter Szijjártó said after talks with Sergey Lavrov, his Russian counterpart, in Budapest, adding that “our friends and allies hold the same position but they will not speak about it so openly”.
An agreement has been reached with the German automotive company Vitesco Technologies (VT) to build a new factory in Debrecen as part of a greenfield investment, in which high-tech automotive electronic components will be produced, announced on Tuesday the Minister of Foreign Affairs and Foreign Affairs Péter Szijjártó.
Home rental rates in Hungary rose by an annual 1.4% in July, climbing for the second month in a row after falling for more than a year, data compiled by the Central Statistical Office (KSH) from listings site Ingatlan.com show.
György Matolcsy, the governor of the National Bank of Hungary, suggested the country’s economic development would be better served by an “economic policy centre with a mandate to achieve sustainable convergence” in the government’s institutional structure in an op-ed piece published online by daily Magyar Nemzet. Matolcsy blamed “institutional weaknesses of economic policy” for Hungary’s […]
We will see a significant drop in prices this week on Wednesday at domestic gas stations. The price of petrol will decrease by HUF 7 gross per liter, and we will pay HUF 5 less for diesel from the middle of the week. Thus, the average prices are as follows:
According to holtankoljak.hu, fuel prices are expected to drop on Wednesday (25th August).
Hungary’s cash flow-based budget deficit, excluding local councils, was 1,803.7 billion forints (EUR 5.14bn) at the end of July, widening on stimulus measures, the finance ministry confirmed in a second reading of data on Thursday.
Opposition Párbeszéd projects a 15-20% increase in the price of bread resulting from a drastic rise in flour prices, the party’s deputy group leader said on Thursday.
Hungary’s full-year economic growth could be “around 7%” in 2021, Márton Nagy, the prime minister’s advisor on economic policy, said on public radio on Wednesday, a day after preliminary Q2 GDP data were released.
