Market News
Hungarians are banking online below average
More than half of Europe’s adult population (51 percent) have used netbanks in 2017. Since 2007, this ratio has doubled – portfolio.hu quoted Eurostat’s data. There are places where 90...
Read more
FM Minister of State: EU agricultural subsidies after 2020 will be decided in May
EU state and government leaders will decide on the EU’s after 2020 budget and on the amount of resources allocated to the Common Agricultural Policy (CAP) in May – Czerván...
Read moreWhimsical weather may kill bees
Contrary to belief, bees do not sleep in winter. Consuming honey in the hive, clumped in clusters, they pass through the coldest season. The mild weather of recent weeks has...
Read moreThe greatest need is towards workers and shopkeepers
In the last months of 2017, 17.4 percent more new ads were posted in Hungary’s leading jobs portal, than a year ago in the same period – mfor.hu wrote, after...
Read more
Salmonella baby milk powder: Hungary is not affected
Hungary is not affected by the EU scandal for salmonella baby milk powder. The National Food Chain Safety Office (Nébih), however, monitors the international news. No information has been received...
Read more
The chicken debate continues between the EU and the US
There is still a serious controversy between the United States of America (USA) and the European Union (EU). According to EU accusations, US companies supply chlorinated chicken meat to the...
Read more
An unhealthy diet makes the immune system more aggressive in the long run
The immune system responds similarly to a high fat, sugar and calorie diet as to bacterial infections, and the body’s defensive system becomes proactive in the long run – according...
Read moreKSH: Consumer prices increased by 2.4 percent last year
Consumer prices rose by 2.4 percent on average in 2017, compared with the previous year and in December consumer prices were 2.1 percent higher than in the previous year –...
Read moreSzázadvég: consumption and investment increased imports
Growing consumption and expanding investments have boosted imports – Regős Gábor, economist of the Századvég gazdaságkutató Zrt. told M1 news channel. According to the first estimate of the Central Statistical...
Read moreSwine fever attacks again near the Hungarian-Romanian border
African swine fever has appeared again in Romania: the disease is only a few kilometers away from the Hungarian border and the Ukrainian border. The disease was detected in Mikola...
Read more
Fire at the Aréna Shopping Center in Budapest
A sauna caught fire on Friday afternoon at the Arena Plaza in Budapest. No one was injured in the fire. Visitors could return to each floor for the evening. There...
Read moreGrowth in retail sales slowed down in the United States
In December, retail sales in the United States increased at a lower rate than in the previous month, according to a statement released by the Census Bureau on Friday. In...
Read more
PC sales rose in the fourth quarter for the first time in six years
The sales of traditional PCs increased in the fourth quarter of last year for the first time in the past six years – according to a survey published on Friday...
Read moreFM: The annual support for Hungarian beekeepers have grown to more than 5 million euros a year
With the340,000 euros extension of the previous budget 5 million 35 thousand euros are available annually to support Hungarian beekeepers – Nagy István, Parliamentary Minister of State of the Ministry...
Read moreRestrictions may come in case of the EU agricultural subsidies
Restrictions have to be taken in the Union’s new Common Agricultural Policy (CAP) between 2020 and 2027, according to EU Budget Commissioner Günther Oettinger. While the British withdrawal leads to...
Read more
More than half of the Hungarians save each month
More than half of the Hungarians save a certain amount of money each month, while the proportion of regular savers rose by 8 percentage points over a year and is...
Read more
The quality of VET should be further increased
In the development of vocational training, special attention should be paid to the rapidly changing economic environment and the labor market expectations – the Deputy Minister of State of the...
Read more
The Romanian Government gives free piglets to the mangalica breeders
A minimum of two, up to ten free piglets will be given by the Romanian government to those livestock farmers who under certain conditions undertake the fattening of Bázna mangalica...
Read more
The EU and Mexico are arguing on a cheese variety
An argument is taking place over the origin of Manchego cheese and it is hindering the completion of a trade deal between the EU and Mexico agrarszektor.hu wrote. The Latin...
Read moreThe strongest economy in Europe has grown at a high rate
Germany’s GDP grew at the highest rate of the past six years in 2017, according to Destatis, the federal statistics agency. According to Destatis’s first estimate, gross domestic product (GDP)...
Read moreThousands of jobs can be created if more goods will arrive from the Far East
Thousands of jobs can be created, as well as substantial investments and will increase revenue of the state budget if it will be possible to get more merchants from the...
Read moreGKI: territorial differences in purchasing power are significant in the country
Territorial differences in purchasing power are still significant in Hungary. Settlements with higher than average purchasing power are mainly located in Northern Transdanubia and Central Hungary, while the poorer regions...
Read more
The dairy sector expects full VAT cuts
The domestic dairy industry has stabilized and the domestic dairy industry started to grow – Mélykuti Tibor, Chairman of the Milk Product Council said adding that it would be important...
Read more
The inspectors of Nébih withdrew more than one and a half tonnes of fish from the market
More than one and a half tonnes of untracked fish and fish products were withdrawn from commercial circulation during the pre-Christmas checks. The National Food Chain Safety Agency (Nébih) mainly...
Read more
The NKFI Fund supports enterprises and research institutes with sixty-one billion forints
The National Research, Development and Innovation Fund (NKFI) in 2018 supports the innovation, research and development activities of enterprises with a total of 30 billion HUF while the research and...
Read moreFM: an actionable green policy is needed
An actionable green policy is needed, including development such as the KlimAdat project, which serves to map the effects of climate change in Hungary – the Minister of State of...
Read more
Fundraising was revolutionized
Compared to last year, the amount of donations collected from card tips has almost doubled. At the Advent fair at the Basilica, almost everybody have opened their wallets when they...
Read moreThe World Bank impoved its Hungarian and global GDP growth forecasts
The World Bank has improved its Hungarian and global GDP growth forecasts for this year. The Washington-based organization estimates that the Hungarian economy will grow by 3.8 percent this year,...
Read more
Compensation for destroyed foil tents
The Ministry of Agriculture provides a total of 100 million forints income substitute support to those whose foil tents were damaged in the October storms of last year. The victims...
Read more
Sushi will be made from the 82 million HUF worth fish
Compared to the records of the previous years, one could get high-quality tuna in Tokyo” at a low price”. At the New Year auction of the world’s largest fish market...
Read more