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Hungary’s Inflation in August Drops Below Central Bank’s Target

Hungary saw its annual inflation rate drop to 1.3% in August, falling well below the Hungarian National Bank's target and slightly under market predictions....
Editorial Team -
Business

Germany and UAE Expand Ties, Bolstering Strategic Partnership

The recent state visit by UAE President Sheikh Mohamed bin Zayed Al Nahyan to Germany underscores the robust and evolving strategic partnership between the...
Editorial Team -
Business

Hungarian MEPs Urge EU to Unfreeze Funds for Hungary Immediately

Members of the European Parliament from Hungary's Fidesz-KDNP party are urging the European Union to release funds currently withheld from the country without conditions....
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Business

Hungary Airlines Expands Cargo Services, Reshapes Operational Strategy

Hungary Airlines is adapting its strategies amid shifting conditions in the European air cargo market, which have arisen following the implementation of a €3...
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Business

Péter Magyar Government Introduces Uncertainty to Hungary’s Auto Industry

Hungary has solidified its position as a key player in the European automotive industry, drawing substantial investments from global car giants over the years....
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Business

Google Triumphs in US Antitrust Case, Avoids Breakup

A U.S. judge has decided against the Department of Justice's attempt to compel Google to divest its advertising exchange, known as AdX. This ruling...
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Business

Lidl Hungary Launches €162 Million Logistics Hub in Kiskunfélegyháza

Lidl Hungary has launched its largest logistics hub in the country, located in Kiskunfélegyháza, with an investment of nearly 60 billion forints, equivalent to...
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Business

Hungary Slashes Key Interest Rate to 5.50%

On Tuesday, Hungary's central bank continued its trend of easing monetary policy by reducing the key interest rate by 25 basis points, bringing it...
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Austrian Chancellor Christian Stocker hosted Hungarian Prime Minister Péter Magyar in Vienna on Thursday, marking a significant moment in...
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Hungary’s Inflation in August Drops Below Central Bank’s Target

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