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Life in Hungary

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Latest news

French GEO Magazine Dedicates 8 Pages to Budapest

A journalist from France’s prestigious GEO magazine was invited to Budapest by the Hungarian National Tourist Office and the Tourism Office of Budapest.

Fourth Purchase of Mortgage Bonds in the Primary Market

Under the mortgage bond purchase program announced by the Monetary Council on February 8, 2010, the MNB has made its fourth purchase of mortgage bonds in the Hungarian primary market.

Central Bank Forecasts Fourth-Quarter Inflation Better than Expected

Hungary will record inflation at 3.6pct in the fourth quarter of 2010 and 3.3pct in the first quarter of 2011, the National Bank of Hungary (NBH) said in its quarterly inflation report on August 25.

Think Tank Says Export-Driven Growth Will Hit 1 Pct

According to the forecast of GKI Economic Research Co. prepared in co-operation with Erste Bank, the mostly exports driven GDP growth rate will be approximately 1 pct.

Fifth Iberdrola Plant Commissioned in Hungary

Spanish wind energy giant Iberdrola Renovables has commissioned its second wind farm in North Western Hungary, bringing the company’s total wind energy capacity operated in the country to 88 megawatts.

News Monitoring