Hungary
Central Europe
The average gross monthly wage in Hungary was 754,700 forints in June, equivalent to about 2,073 euros. That is 7.1% more than a year earlier. The Hungarian…
Central Europe
On August 25, the Hungarian central bank, the Magyar Nemzeti Bank, lowered its key interest rate by 25 basis points to 5.5%. The last time the rate was lower was on…
Central Europe
With a capacity of 99.8 MW and a storage capacity of 288.5 MWh, Central Europe’s largest battery storage facility is being connected to the grid in Hungary.
Central Europe
The expansion of AI infrastructure is creating new growth opportunities for Poland and Hungary. The World Bank and the EBRD expect long-term productivity gains.
Central Europe
The Hungarian government is providing more wind power capacity than originally planned.
Central Europe
Hungary could join the eurozone by 2030. The government is counting on financial stability, EU funds, and lower borrowing costs.
Central Europe
Hungary's battery boom is coming under pressure due to increasing water shortages and stricter environmental regulations.
Central Europe
Hungary is negotiating the purchase of 1 billion cubic meters of natural gas from Romania’s Neptun Deep field, thereby advancing the diversification of its energy supply.
Central Europe
The AIIB is investing up to $125 million in OTP bonds to boost green financing in Hungary, Croatia, and Serbia.
Central Europe
Péter Magyar warns of a significantly higher deficit and announces a comprehensive review of government spending.
Central Europe
Following repairs, crude oil is once again flowing through the Druzhba pipeline, stabilizing supplies to Central Europe.
Central Europe
U.S. sanctions, geopolitical tensions, and political changes are shaping the future of the NIS sale to MOL.
Central Europe
During Vance's visit, Hungary and the United States signed far-reaching agreements on energy, defense, and technology.
Central Europe
Montenegro is pushing ahead with its digital modernization—and is relying on Hungarian technology to do so. The government has awarded the 4iG Group ICT projects worth…
Central Europe
High debt, weak growth, and political uncertainty are putting increasing pressure on Hungary's economy.