Events
The European Commission has presented a tool to strengthen economic recovery and resilience
The European Commission unveiled its financial instrument to help restore the economic crisis caused by the coronavirus pandemic and strengthen economic resilience (RRF) at its press conference on Thursday. The...
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Four-day work week would be introduced soon?
As a result of the new coronavirus pandemic, voices flared up again that it wouldn’t be so devilish to introduce a four-day work week, which means natural three-day weekends for...
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Economic sentiment in the euro area and the EU improved in May
Although less than expected, the economic sentiment index in both the euro area and the EU improved in May from an 11-year low of the previous month – according to...
Read moreThe Sunday shop closure has been lifted in Croatia, whileschools are opening in Slovenia
In Croatia, the Sunday lock was lifted citing the excellent epidemiological situation, and in Slovenia, all students will be able to go to school from next week – was said...
Read moreThe German economy could recover in nine months, according to the ifo forecast
The gross domestic product of the German economy will fall by 6.6 percent this year, based on the revised version of the Ifo Institute for Economic Research in Munich’s 2020/2021...
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The domestic poultry sector is now in the depth of the pit
In addition to the coronavirus epidemic, the forint-euro exchange rate and bird flu, declining production is slowly beginning to have an impact on the poultry market. The sector may have...
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Hungarian agriculture will receive another 80 billion HUF in support
By August, it will announce another agricultural tender package with a budget of HUF 80 billion, and it will create 9 decrees in this regard, said Minister of Agriculture István...
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Companies are clearing off their portfolios all over the world
Ersnt and Young’s Global Capital Confidence Barometer survey indicates when executives expect the upturn to begin, and what they’re doing to prepare for it. The Capital Confidence Barometer survey forms...
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Let your shop be a StarStore
Trade magazine is announcing a StarStore (formerly known as SuperStore) competition this year. The StarStore competition has a chance to start with sales points where the design best suits the...
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Fitch: Coronavirus Shock Broadens
The economic fallout from the coronavirus crisis continues to broaden and deepen but Fitch Ratings’ forecasts are starting to show some signs of stabilisation. Activity levels should start to rise...
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NMHH: number of advertising spots has decreased
Compared to the beginning of March, the number of advertising spots decreased by about ten thousand by the end of the month, the authority’s communications directorate told MTI on Wednesday,...
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KSH: emplyment decreased by 56,000 February-April, compared to the year before
In the three-month period of February-April, the average number of employees was 4 million 436 thousand, 1.2 percent ie56 thousand lower than a year earlier – the Central Statistical Office...
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Walmart joins secondhand resale
Beginning 27. May, Walmart is offering some 750,000 pre-owned women’s and children’s clothing, accessories, footwear and handbags through a new partnership with resale site ThredUp. Free returns can be made...
Read moreFor the third time, Menczer Magyarország is one of the most popular investment locations
For the third time in a row, Hungary was named one of the world’s most popular investment sites by the American magazine Site Selection, and for the third time in...
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Retailers are also supported by the state
The special retail tax, which was reintroduced from May this year, and the opening restrictions on a significant number of stores from mid-March to mid-May have adversely affected many retailers....
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The activities of the GVH in 2019 in a nutshell
On 27 May 2020, the Economic Committee of the Parliament adopted a report on the activities of the Hungarian Competition Authority (GVH) in 2019 and its experiences related to the...
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According to a survey, a third of shoppers spend more than 6,000 HUF on children’s day gifts
32 percent of shoppers spend more than 6,000 forints on children’s day gifts, the most sought-after are outdoor and creative games, books, painters and sports equipment – the Regio Játékkereskedelmi...
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Szerencsejáték Zrt. has taken its strategic cooperation with the Self-Regulatory Advertising Board to a new level
The Szerencsejáték Zrt. and the Self-Regulatory Advertising Board (ÖRT) signed a cooperation agreement, in which they strengthened the cooperation of the last ten years, and at the same time raised...
Read moreFitch: we must prepare for this year’s deeper-than-expected global recession
This year’s global economic recession will be much deeper than previously expected, including the still deepening crisis caused by the coronavirus pandemic in large emerging economies, including Russia, Brazil and...
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Measures are being further eased by the countries of the Western Balkans
The curfew has been lifted in northern Macedonia, and curfews have been eased in Kosovo and borders will soon be opened. In Serbia, the number of identified infections increased from...
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Employment in food supply across EU regions
In 2019, 15.9 million people aged over 15 were employed in the food supply sector in the European Union (EU), representing 8% of total employment. Their role is crucial for...
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Mastercard has changed online shopping habits in Europe and Hungary
Online shopping has surpassed all other forms of spending in the past month: more than a third (35 percent) of Hungarians say they have never bought as much online as...
Read moreThis is how you can order online from retail chains
After the initial shock, the store chains, which also undertake delivery, have recovered: now most stores can be ordered online without restrictions – penzcentrum.hu wrote. Auchan revealed how much capacity...
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In emergency, the government supports donations with special tax exemptions
The already favorable tax rules for donation have been overridden by the coronavirus pandemic. In the current situation, there are even more exemptions and even more discounts. Hungary supports donors...
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HENT: Fake slimming products can cause allergic reactions
More and more counterfeiters are taking advantage of the growing demand for various slimming drugs in late spring, early summer, and even promising life-threatening products to consumers, promising to achieve...
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71 percent of Hungarians bake more at home due to the pandemic
What and how many times did the Hungarians bake in the quarantine? The Pek-Snack online questionnaire, which was conducted in early May, sought answers to this question. Forty-three percent of...
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Infected Polish poultry meat came to Hungary
Poultry products infected with salmonella were spread on the European Union market from Poland – agrarszektor.hu wrote. Recently, the Slovak authorities had to take action on problematic goods, and a...
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The family has lunch together more often in the quarantine
During the coronavirus pandemic, more time is spent on family meals, and in 5 out of 10 households, children also take part in kitchen work, according to a representative study...
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In next year’s budget, protecting the ecomomy will play a key role
On Tuesday, Minister of Finance Mihály Varga handed over the draft law on next year’s budget to László Kövér, Speaker of Parliament. Economic growth will be 4.8 percent, inflation may...
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