The Finance Minister Mihály Varga said Hungary’s GDP growth could exceed 6 percent this year “even if not a single cent is received” from the European Union until the end of the year Fot. 

The Hungarian government has made an offer to buy Budapest Airport. 

Hungary’s annualized consumer price index rose to 5.3 percent in June according to data released by the Central Statistical Office (KSH) on Thursday. 

The Monetary Council of the National Bank of Hungary (NBH) decided to raise the central bank base rate by 30bp to 0.90 percent at a monthly policy meeting on Tuesday.

At the beginning of 2022, parents raising children should be refunded the personal income tax they will have paid in 2021, Prime Minister Viktor Orbán suggested at the conference organised by the business daily Világgazdaság on Wednesday.

All tourist accommodation in Hungary will be classified from one to five stars on the basis of uniform criteria – Zoltán Guller, the CEO of the Hungarian Tourism Agency (MTU), said on Saturday. The new rating system is scheduled to be introduced from January 2022. Guller also said that, based on current occupancy rates in Hungarian hotels, a bigger upswing can be expected this year than last summer.

  Photo credit: printscreen / www.discover-ce.eu

– The economies in Central and Eastern Europe, in particular the Visegrád Group (V4) of Poland, Hungary, Czechia and Slovakia, have proven to be relatively resilient to restrictions aimed at curbing the coronavirus epidemic,  confirming the expectation that these economies will start to grow strongly this year despite the current third wave of epidemics – according to a recent forecast published by Fitch Ratings in London.

According to the the German daily “Der Tagesspiegel” in the era of the coronavirus, the Visegrad Group countries are much more important for the German economy than China. Imports from and exports to China add up to 212 billion euros; this corresponds to 9.5 percent of German foreign trade.

For the first time, Budapest is included in the Global Startup Ecosystem Report, which compares more than 250 attractive startup locations – writes Origo.hu.

Hungary will close Matra, its last remaining coal-fired power plant, in 2025 – five years earlier than previously planned.  Photo credit: ZSOLT SZIGETVARY / MTI / PAP/EPA