Currency concerns: Is the EUR/HUF 500 exchange rate approaching in Hungary? – Here’s what the experts say

The Hungarian forint continues to grapple with a weak exchange rate, following a turbulent 2024 that saw its value plummet by over 10% against the euro. With global economic shifts and domestic uncertainties in play, analysts warn of further challenges …

Top Hungary news: Twins missing, car crash, shifting to euro, unlawful border closure — 10 January, 2025

Russian gas supplies through Ukraine to Europe face sudden halt – Unexpected opportunity for Hungary?

The halt of Russian gas supplies through Ukraine has shaken Europe’s energy landscape, but Hungary’s strategic investments in the Turkish Stream pipeline and interconnectors have positioned it as a key transit hub. With its gas system tripling in value, …

Hong Kong suspends import of poultry meat and products from areas in Hungary, Portugal, Korea

Hong Kong   Eggs The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced on January 7 that in view of notifications from the Ministry of Agriculture of Hungary and the World Organisation for Animal Health (WOAH) about …

Hungary Airlines starts test flights

Written by Bettina Nemes The new Hungarian airline Hungary Airlines has received the necessary flight licences. 10. January 2025 13:22 The company’s main activity will be air freight transport. The state-owned Airbus A330F freighter was taken over by …

Top 10 Countries from Where Most Tourists Travelled to Hungary Last Year Declared

Last year, the number of foreign travelers to Hungary exceeded that of the previous year. Most visitors came from Spain, but there were also significantly more Scandinavian tourists in the country than in the previous year. Most foreigners traveled to …

Car Buyers in Hungary Prefer Used Vehicles Over 6 Years Old, New Survey Shows

Two-thirds of those planning to buy a car in Hungary would rather purchase a used auto, with the average being a vehicle older than six years, according to a representative online survey published by Das WeltAuto. The survey found that 38.1% of respondents …

Latest Retail Sales Figures on Rise in Hungary

Retail sales in Hungary rose 4.1pc year-on-year in November, adjusted for calendar year effects, data released by the Central Statistics Office (KSH) on Thursday show. Retail sales climbed an unadjusted 3.7pc. Adjusted food sales increased 5.3pc, non-food …

German electricity prices highest in Europe, 70% above the European average, with Hungary's the lowest

Germany has been identified as the European country with the highest electricity prices at €416.20 per MWh, the Swedish price comparison company Finansvalp said in a comment emailed to bne IntelliNews on January 9. Belgium and Ireland also rank among the …

Ukraine’s bold offer to replace Hungary in the EU and NATO

Ukraine has expressed its willingness to take Hungary’s place in the European Union and NATO if Budapest continues to prioritise Russia’s interests over those of its Western allies. The statement, made by Ukraine’s Deputy Minister of Foreign Affairs Andrii …