Economy minister 2020 budget focuses on family support, photo: MTI Finance Minister Mihály Varga on Wednesday set out the main goals of the 2020 budget, namely support for families and ensuring resources for the…
Wizz Air, one of Europe’s fastest growing airlines and the largest low-cost carrier in Central and Eastern Europe, announced on the weekend that it operates at the lowest CO2 emissions per passenger amongst all…
Ratings agency Moody’s Investors Service on Tuesday upgraded the long-term local currency deposit ratings of two Hungarian banks, according to news portal hvg.hu. The credit ratings agency announced that it had raised K&H Bank’s…
Photo: Illustration/Pixabay A vast oil field was discovered near two small villages in Baranya county; Istvándi and Kétújfalu. They found nothing like this in the past 30 years. The company who discovered it…
German companies have created over 300,000 jobs in Hungary, Péter Szijjártó, the foreign affairs and trade minister, said during a break between his talks in Essen, western Germany, on Tuesday. Hungary’s cooperation with German…
Minister of Finance Mihály Varga has announced a number of tax cuts and growth incentives as part of a plan to shield the economy from the impact of a global slowdown, according to official…
Location Budapest, strategically placed at the centre of the Carpathian Basin, lies on an ancient route linking the hills of Transdanubia with the Great Plain. By road it is 216 kilometers (134 mi) south-east…
Origins of the Hungarian Language Hungarian (Magyar) is a member of the Uralic language family. It is the largest of the Uralic languages in terms of the number of speakers and the only one…
Ranking broadband speeds in 200 countries across multiple 12-month periods, price comparison service cable.co.uk has generated an overall average speed measurement for the globe and gauged how this number changes over time, penzcentrum.hu reported.…
The Location of Hungary Hungary is situated in Central Europe. Its neighboring countries are Slovakia to the north, the Ukraine and Romania to the east, Serbia, Croatia and Slovenia to the south and southwest,…