Retailers in Hungary Make Case for Broader Application of New Profit Margin Cap

Retailers' association OKSZ said a 10pc cap on supermarkets' profit margins on some staples should apply to all actors in the supply chain. In a statement issued after the government announced the measure on Tuesday, as part of efforts to keep food …

First Banknote Signed by New Governor of Hungary’s National Bank

Mihaly Varga, the new governor of the National Bank of Hungary (NBH), put his signature on a banknote issued by the central bank for the first time. Varga said Hungarian banknotes combined progress with tradition and stability, while adopting all of the …

Home Rental Rates in Hungary Climb Significantly this February

Home rental rates in Hungary rose 8.6pc year-on-year in February, data compiled by the Central Statistics Office (KSH) from listings site Ingatlan.com show. Rental rates in the capital increased 8.0pc. In a month-on-month comparison, home rental rates …

New KSH statistics: Battery production in Hungary practically collapsed

Output of Hungary’s industrial sector slipped 3.9pc in January, a detailed reading of data released by the Central Statistics Office (KSH) on Thursday shows. According to the Hungarian News Agency, the detailed data show output of the automotive industry, …

Hungary calls for international pressure on Syria to protect religious minorities amid mass killings

The international community must put pressure on the new Syrian regime so that it guarantees the rights and security of religious communities, including Christians, Foreign Minister Péter Szijjártó said on Wednesday. Speaking after a cabinet meeting, …

Bus passenger busted with meth-filled tortillas while traveling to Hungary

A German customs officer caught a 29-year-old man trying to smuggle crystal meth hidden in tortilla wraps to Hungary on a long distance bus. The man was traveling from the Netherlands to Budapest, the German authorities said. Customs officers checked the …

Azerbaijani boxers start tournament in Hungary with victories

Azerbaijani boxers have started the tournament in Hungary with victories, Azernews reports. Mahammedali Gasimzade, competing in the 60 kg category, faced Lukas Vimislki from Slovakia in the quarter-finals. The match concluded with the Azerbaijani boxer …

Mystery Illness Hits Hungary

Hundreds of people have fallen ill in Nagykőrös, Pest county in recent days, HVG reports. It is not known for the time being what caused the illnesses as the authorities have not yet completed their tests. Symptoms include vomiting, diarrhoea and abdominal …

Top Hungary news: Hungarian jobs in Asia, hundreds fall ill, disaster in stores, new flights — 12 March, 2025

Infringements: Hungary given final warning over Energy Charter Treaty stance