Category Archives: English news
Cumulative economic impact of trade agreements on EU agriculture
The EU trade agenda is set to have an overall positive impact on the EU economy and the agri-food sector, according to a new study published.
Major ISPs all plan network developments
Major internet service providers are planning further network developments as data traffic has increased by 30pc on average because of lockdown measures against the coronavirus and telecommuting becoming more popular, a number of companies told.
Wine and food boost for EU-Japan trade deal on 2nd anniversary
The EU hailed the success of the EU-Japan trade deal on its second anniversary Monday, as it agreed a number of improvements to the agreement in the area of protected foods, wine and vehicle trade.
Brussels consults on new EU Soil Strategy
The EU Commission launched Tuesday a public consultation on a new EU Soil Strategy, the last of a set of consultations on different ecosystems forming part of the EU Biodiversity Strategy.
Wage growth reaches 8.6pc in November
Year-on-year wage growth in Hungary reached 8.6pc in November, edging down from 8.8pc in the previous month, data released by the Central Statistics Office (KSH) on Friday show.
Govt approves first, HUF 6,000bn phase of economic recovery plan
The government has decided on the initial HUF 6,000bn phase of the Economic Recovery Action Plan, Prime Minister Viktor Orban said in a weekly interview on public radio on Friday.
IKEA Hungary sales climb 8.5pc
Swedish home furnishings retailer IKEA’s sales in Hungary rose 8.5pc to HUF 98bn in its business year ended August 31, IKEA regional retail manager Mounia El Hilali said on Thursday.
Rolling avg jobless rate reaches 4.2pc in Dec
Hungary’s three-month rolling average jobless rate reached 4.2pc in December, edging down 0.2 percentage point from the previous month, but climbing 0.9 percentage point from twelve months earlier, data released by the Central Statistics Office (KSH).
Hiventures sells 27pc stake in Webshippy
Hiventures, the venture capital fund manager of the state-owned Hungarian Development Bank (MFB), has sold its 27pc stake in Hungarian e-logistics startup Webshippy to strategic investor Trans-Sped, Hiventures said on Wednesday.
Hungary culls wild boar to contain ASF
Lajos Bognar, Hungary’s chief veterinarian said Hungary’s wild boar population must be culled to prevent the spread of African swine fever (ASF) in an interview on public television on Wednesday.
Half of Hungarians seek greater job security post-pandemic
Half of Hungarians say they desire or expect greater job protection after Covid-19 has passed, according to a survey by staffing company Randstad.
Govt websites hit by cyber attacks
A number of Hungarian government portals have been affected by a coordinated series of cyber attacks in recent days, government website kormany.hu said on Tuesday.
Szeged uni honors Katalin Kariko, alumna who filed mRNA patent
The Hungarian-born biochemist Katalin Kariko, whose decades of work with mRNA technology was instrumental in the development of the BioNTech/Pfizer Covid-19 vaccine, will be awarded an honorary doctorate by her alma matter, the University of Szeged (SE Hungary).
Employers, unions reach deal on minimum wage rise
Representatives of employers and unions associations signed an agreement on Monday on a close to 4pc minimum wage rise from February 1.
Consumer, business confidence improve
Consumer and business confidence improved in January from the previous month, economic research institute Szazadveg’s gauges of sentiment show.
Policy makers keep base rate on hold + inflation forecast
The Monetary Council of the National Bank of Hungary (NBH) decided to leave the central bank base rate unchanged, at 0.60pc, at a monthly policy meeting on Tuesday.
