Hungary and the European Commission have intensified negotiations over the implementation of rule-of-law agreements linked to suspended EU funding, with Budapest counting on the release of funds to help reduce its budget deficit and revive investment.
Hungary's Central Bank Maintains Cautious Interest Rate Policy to Protect Forint
The Hungarian National Bank has emphasized the need for disciplined monetary policy as global energy price volatility and inflation risks continue to threaten currency stability, according to discussions at its latest Monetary Council meeting.
Hungary Reviews Paks Nuclear Expansion and Russian Energy Supplies for Security
Hungarian authorities have conducted another security review of the Paks II nuclear power project and Russian energy supplies, with officials saying the expansion timetable remains aligned with international nuclear safety requirements while electricity supply diversification stays on the agenda.
Hungary and NATO Discuss Air Defence and Military Logistics Investments
Hungarian defence officials and NATO military delegations have met in Budapest to review investments aimed at strengthening the alliance's eastern flank, including improvements to air defence, military logistics and ammunition production capacity.
CATL, BMW and BYD Advance Major Automotive Investments in Hungary
Factory construction projects involving CATL, BMW and BYD are progressing according to schedule in Hungary, with developments around Debrecen and Győr expected to expand export capacity and strengthen supply chains serving the global electric vehicle industry.
Mercedes-Benz Begins Trial Production of New Electric Models at Hungarian Factory
German automaker Mercedes-Benz has started trial production of vehicles based on its latest electric platform at its Kecskemét plant, marking another stage in the factory's modernization and supporting future orders for local suppliers.
Hungary's Inflation Stabilizes as Real Wages Rise, but Services Prices Remain a Concern
Fresh figures from Hungary's Central Statistical Office show consumer inflation settling into a moderate range, although continued price increases in the services sector remain a concern despite improving household purchasing power.
Hungary Resumes Minimum Wage Talks as Employers and Unions Weigh Next Year's Increase
Employer representatives, trade unions and government officials have begun another round of negotiations in Budapest over next year's minimum wage increase, seeking to balance higher pay with the need to maintain economic competitiveness.
Hungary's Solar Power Capacity Reaches Record High as Grid Storage Needs Grow
Hungary's Energy Ministry reports that combined household and industrial solar capacity has reached a record level, although additional energy storage infrastructure will be needed to maintain grid stability as renewable generation expands.
Hungarian Farmers Report Significant Corn and Sunflower Losses After Summer Drought
Agricultural groups warn that prolonged dry weather has caused substantial crop losses across the Great Hungarian Plain and the region between the Danube and Tisza rivers, highlighting the growing impact of drought on domestic farming.
Hungary Launches Water Reservoir Programme to Reduce Agricultural Drought Damage
Hungary's national water management authority is overseeing a new reservoir development programme across the Great Hungarian Plain, designed to retain rainfall and expand irrigation networks over the coming years.
Hungary's Constitutional Court Issues Ruling on Administrative Court Procedures
Hungary's Constitutional Court has issued a decision concerning provisions of administrative litigation rules, aimed at promoting consistent legal interpretation and strengthening citizens' access to effective judicial remedies.
Hungary Introduces New Measures to Reduce Hospital Surgery Waiting Lists
The National Directorate General for Hospitals has introduced organizational changes intended to make better use of regional hospital capacity and improve access to trauma treatment and day surgery.
Richter Opens Biotechnology Research Centre in Budapest
Hungarian pharmaceutical company Gedeon Richter has inaugurated a biotechnology research facility in Budapest focused on advanced genetic technologies and oncology medicines, expanding the country's pharmaceutical research capabilities.
Hungary Steps Up Industrial Wastewater Inspections Along Danube and Tisza Rivers
Environmental authorities have ordered tighter monitoring of industrial discharges near chemical plants and logistics centres, increasing water quality testing to protect the Danube and Tisza rivers and enforce environmental regulations.
Hungarian Retail Sales Edge Higher as Household Purchasing Power Improves
Retail chains in Hungary are reporting modest growth in sales, with shopping basket values exceeding year-earlier levels as rising real wages support a gradual recovery in consumer confidence and spending.
Hungarian Banks Report Rising Mortgage Demand as Housing Support Measures Take Effect
Hungarian National Bank figures indicate that improving interest rate conditions and renewed government home-buying support are encouraging mortgage borrowing, providing fresh momentum to the residential property market.
Hungarian New-Home Price Growth Slows as Building Material Costs Stabilize
Property analysts report that prices for newly developed homes in Budapest and regional cities are showing signs of stabilization following years of sharp increases, helped by more stable construction material costs.
Hungary Launches EU-Backed Loan Schemes to Help Small Businesses Go Digital
Hungary's economic development authorities have introduced preferential European Union loan programmes to help small and medium-sized businesses digitize warehouse logistics and customer service operations.
Budapest University of Technology Opens Artificial Intelligence Research Centre
The Budapest University of Technology and Economics has opened a research centre aimed at accelerating the adoption of deep-learning technologies among Hungarian small and medium-sized enterprises, supported by domestic and international technology companies.
Budapest Launches Major Metro Modernization and Transport Accessibility Programme
Budapest's municipal government has begun upgrading metro trains and improving accessibility at major interchange stations, seeking to make public transport more efficient and easier to use across the capital.
Hungary Begins Construction of New Container Terminal Near Záhony Border Crossing
A new container terminal is being developed near Záhony to improve east-west freight connections, with the project intended to strengthen Hungary's role in rail transport between Asian and European markets.
Hungary Expands Aircraft Component Manufacturing Capacity in Győr
Precision engineering companies in Győr's industrial park have announced additional production capacity for aircraft components, responding to growing international demand from the aviation industry.
Hungary Moves Closer to Completing 5G and Fiber Network Upgrades in Northern Regions
Major Hungarian telecommunications providers say upgrades to gigabit fiber networks and mobile data infrastructure are approaching completion in northern Hungary, improving connectivity in smaller rural communities.
Hungary Announces New 5G Spectrum Auction to Support Mobile and Industrial Connectivity
The National Media and Infocommunications Authority has launched a new frequency auction intended to expand fifth-generation mobile coverage, meet rising data demand and support industrial digitalization projects.
Hungarian Universities Climb Global Rankings as Research Output and International Courses Expand
The University of Debrecen and the University of Szeged have improved their positions in international university rankings, supported by increased research publications and a wider selection of foreign-language programmes.
Hungarian Medical and Technical Universities Welcome Record Number of International Students
Semmelweis University and the Budapest University of Technology and Economics have expanded their international student populat