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Fitch Ratings has affirmed Hungary's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Stable Outlook. According to the decision announced in London on Friday night, the stable outlook for the sovereign Hungarian rating reflects Fitch's expectation that the growth of the Hungarian economy, which is recovering from the coronary virus epidemic, will be sustained.

Sat, 01/29/2022 - 07:06

„Member States must not accept that the European Court of Justice should take political decisions on behalf of the peoples and governments of the Member States. This is not just a matter for Poland and Hungary, it is a matter for all European citizens and Member States.

Fri, 01/28/2022 - 21:48

In December 2021, the number of unemployed in Hungary was 179,000 and the unemployment rate stood at 3.7% – according to data published by the Central Statistical Office (KSH). Photo by AndreoPolino / Pixabay (JAP)

Thu, 01/27/2022 - 19:28

Hungarian central bank (NBH) at a regular policy meeting on Tuesday, hiked the base rate by 50 basis points to 2.9 percent.

Tue, 01/25/2022 - 21:15

On 25 January the Director of the IPN’s Office for Commemorating the Struggle and Martyrdom, Adam Siwek, unveiled a monument commemorating Witold Pilecki. The monument is located in front of the Polish-Hungarian Friendship House in Balatonboglár, Hungary. Photo by Universal Art Archive / Alamy Stock Photo / PAP/Alamy

Tue, 01/25/2022 - 16:56

– We don’t want to fall prey to any East-West conflict – said Hungarian Foreign Minister Péter Szijjártó in Brussels on Monday. Photo by MAXAR TECHNOLOGIES / PAP/EPA (JAP)

Mon, 01/24/2022 - 23:09

Hungary-Russia trade increased by 51 percent last year and Hungarian exports rose by 15 percent, exceeding 2 billion USD – said Péter Szijjártó, Hungarian Minister of Foreign Affairs and Trade.

Mon, 01/24/2022 - 08:59

The festival featured some 150 performers from around the globe.  Lhagva Ochir from Mongolia. Photo by Zoltan Mathe / MTI/PAP/EPA

Tue, 01/18/2022 - 23:31

With the expansion of the Paks nuclear power plant and the realization of solar energy investments, Hungary will become fully self-sufficient in the field of electricity, which few countries can say about themselves, Foreign Minister Péter Szijjártó said on Monday at the Paks Nuclear Power Plant. The Paks Nuclear Power Plant is the first and onl

Mon, 01/17/2022 - 20:38

The Hungarian men's handball team defeated Portugal 31-30 in the second round of the group stage of the partly national European Championship, on Sunday at the MVM Dome in Budapest. An exciting meeting between Poland and Belarus took place on Sunday evening in Bratislava. The Poles defeated Belarusians 29 to 20.

Sun, 01/16/2022 - 22:00

The government has decided on a ceiling on food prices. From February 1, the prices of six products will be fixed at last year’s 15 October level – the Prime Minister Viktor Orbán announced on his social media account.

Wed, 01/12/2022 - 16:30

Hungarian oil and gas company MOL signed agreements with PKN Orlen and Grupa Lotos on the acquisition of 417 petrol stations in Poland for 610 million US dollars.

Wed, 01/12/2022 - 12:40

Hungarian discount airline Wizz Air has again been ranked among the top 10 safest low-cost airlines in AirlineRatings' 2022 safety ranking. Photo by Darek Delmanowicz / PAP (JAP)

Wed, 01/12/2022 - 11:03

Hungarian President János Áder has set a parliamentary election for Sunday, April 3 with a referendum on LGBTQ issues to be held on the same day.

Tue, 01/11/2022 - 19:29

Hungarian MOL will buy Lotos petrol stations in Poland – Radio Zet reported on Sunday. According to unconfirmed information, the decision will be announced next week. Photo by Vit Simanek / PAP/CTK 

Sun, 01/09/2022 - 19:00