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  • Hungary economy

    Nuclear project with Russian reactors shakes up Bulgarian politics – EURACTIV.com

    By Arthur Holmes
    February 21, 2022
    The Capitals brings you the latest news from across Europe, thanks to on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter ...
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  • Hungary banks

    Key U.S. inflation gauge set to hit new four-decade high

    By Arthur Holmes
    February 20, 2022
    Washington: Federal Reserve Chairman Jerome Powell and his colleagues can expect their leading inflation indicator to accelerate to a new four-decade high, last seen ...
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  • Hungary economy

    How a Russian-Ukrainian conflict could affect global markets

    By Arthur Holmes
    February 19, 2022
    How a Russian-Ukrainian conflict could affect global markets Reuters February 19, 2022, 7:05 PM Last modification: February 19, 2022, 7:14 PM Reuters February 19, ...
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  • Budapest mortgages

    Hungarian Orban says he hopes inflation will drop below 6% by the end of the year

    By Arthur Holmes
    February 19, 2022
    Hungarian Prime Minister Viktor Orban speaks during a business conference in Budapest, Hungary February 19, 2022. REUTERS/Bernadett Szabo Join now for FREE unlimited access ...
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  • Budapest real estate

    Hungary shows strong investment growth

    By Arthur Holmes
    February 18, 2022
    The Szervita Square Building in central Budapest, sold by Horizon Development to Union Investment. Total investment for Hungary is expected to be between 1.4 ...
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  • Budapest real estate

    The Indotek Group reduced its carbon emissions by almost 600 tonnes in 2021

    By Arthur Holmes
    February 18, 2022
    Over the past two years, Indotek Group, one of Hungary’s leading real estate investment management groups, has launched nearly 16 energy efficiency investments with ...
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  • Hungary economy

    Orbán meets Brazilian Bolsonaro in Budapest

    By Arthur Holmes
    February 17, 2022
    MTI Photo/Prime Minister’s Press Office/Vivien Cher Benko Prime Minister Viktor Orbán met with Brazilian President Jair Bolsonaro in Budapest on Thursday, state news wire ...
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  • Hungary banks

    VIG reaches agreement with Hungarian state holding company

    By Arthur Holmes
    February 16, 2022
    The Hague, February 16, 2022 – Aegon has taken note of the announcement issued today by the Vienna Insurance Group AG Wiener Versicherung Gruppe ...
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  • Budapest real estate

    McKinsey acquires Budapest-based digital consultancy IncepTech

    By Arthur Holmes
    February 16, 2022
    Global consultancy McKinsey & Company has bolstered its digital division in Europe with the acquisition of IncepTech, a Hungarian company that develops digital products ...
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  • Hungary economy

    Europe in limbo over Ukraine crisis: The Tribune India

    By Arthur Holmes
    February 16, 2022
    Lieutenant General Sanjiv Langer (retired) Former Deputy Chief of the Defense Staff The second largest country in Europe, with a population ...
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  • Budapest real estate

    Fast-growing financial firm cuts FiDi office by a third

    By Arthur Holmes
    February 15, 2022
    Last year, JPMorgan Chase said the Covid-19 pandemic would significantly reduce its office needs, and HSBC said it would use 40% less space. Interpublic ...
    Read More
  • Hungary banks

    Russian hackers were allegedly linked to the FSB and the US Democratic Party hack was sentenced to long prison terms

    By Arthur Holmes
    February 14, 2022
    Ukrainian President Volodymyr Zelenskiy and US President Joe Biden stressed the importance of continuing “diplomacy and deterrence in response to Russia’s military buildup on ...
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  • Hungary economy

    bne IntelliNews – Hungarian election campaign kicks off with Viktor Orban’s keynote mocking the opposition

    By Arthur Holmes
    February 14, 2022
    Hungary’s ruling Fidesz party kicked off its election campaign with an annual state of the nation address by Prime Minister Viktor Orban after a ...
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  • Budapest real estate

    Watch: Dubai billionaire rides donkey in memorable 1960s photo – News

    By Arthur Holmes
    February 13, 2022
    Khalaf Al Habtoor publishes a photo taken in the Buraimi region Photo: @KhalafAlHabtoor/Twitter Published: Sun 13 Feb 2022, 12:05 Last update: Sun 13 Feb ...
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  • Hungary banks

    Week Ahead: Inflation Woes Continue

    By Arthur Holmes
    February 13, 2022
    How will central banks react? Inflation and interest rates have been at the forefront of investors’ concerns so far this year and that is ...
    Read More
  • Hungary economy

    Hungarian PM warns of wave of refugees if Russia invades Ukraine

    By Arthur Holmes
    February 12, 2022
    BUDAPEST, Hungary (AP) — Hungary’s nationalist prime minister warned Saturday that a Russian invasion of Ukraine could send hundreds of thousands of Ukrainian refugees ...
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  • Hungary banks

    Hungarian Central Bank Chief Supports Crypto Ban

    By Arthur Holmes
    February 11, 2022
    Key points to remember György Matolcsy, the Governor of the Central Bank of Hungary, sided with the Bank of Russia in supporting a ban ...
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  • Budapest mortgages

    Czech Olympic hockey jerseys named the most beautiful of all time

    By Arthur Holmes
    February 11, 2022
    16:05 Cybersecurity agency warns of wave of scam calls The Czech National Agency for Cybersecurity and Information Security has warned of a wave of ...
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  • Budapest real estate

    Growing problem of oligarchs in Europe comes under scrutiny

    By Arthur Holmes
    February 11, 2022
    Listen to the article The European Commission must step up its fight against “oligarchic structures” in EU countries, lawmakers said Thursday (February 10th). In ...
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  • Budapest real estate

    The 1st warehouse of Helloparks Maglód almost completely occupied

    By Arthur Holmes
    February 10, 2022
    HelloParks Maglód’s first 46,000 m² warehouse is now operating at over 80% occupancy, and preparations for the next phase of the park have already ...
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  • Budapest mortgages

    Real estate scale too high for first-time buyers in Central Europe

    By Arthur Holmes
    February 10, 2022
    “There was barely enough space for one person and some furniture. I spent two years actively looking for something but it’s too expensive and ...
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  • Hungary economy

    Prime Minister’s chief of staff flags possible election interference from abroad

    By Arthur Holmes
    February 9, 2022
    The Prime Minister’s chief of staff has pointed out the possibility of foreign interference in the upcoming parliamentary elections in Hungary. Gergely Gulyás, however, ...
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  • Budapest mortgages

    Real estate scale too high for first-time buyers in Central Europe | The mighty 790 KFGO

    By Arthur Holmes
    February 9, 2022
    By Michael Kahn and Jason Hovet PRAGUE (Reuters) – Meera Sankar knew it was time to give up her dream of buying a house ...
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  • Budapest mortgages

    INSIGHT-Real estate scale too high for Central European first-time buyers

    By Arthur Holmes
    February 9, 2022
    Band Michael Kahn and Jason Hovet PRAGUE, February 9 (Reuters) – Meera Sankar knew it was time to abandon her dream of buying a ...
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  • Budapest real estate

    BMW driver who got SIX speeding tickets last year named as man who killed Holocaust survivor

    By Arthur Holmes
    February 9, 2022
    A real estate developer who had SIX speeding tickets last year is identified as the BMW driver who mowed down and killed a 99-year-old ...
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  • Hungary banks

    Biden Says Russia Will Face Consequences If It Attacks Ukraine, Keeps Diplomatic Option Open – The Organization for World Peace

    By Arthur Holmes
    February 7, 2022
    President Joe Biden has threatened Russia with consequences and economic sanctions on behalf of the United States and other Western states if they attack ...
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  • Hungary economy

    Blossoming Hungary-Serbia relations have scored four victories, says FM Szijjártó in Belgrade – Daily News Hungary

    By Arthur Holmes
    February 7, 2022
    ‘Blossoming’ Hungarian-Serbian relations have recorded successes in cooperation on economy, energy security, illegal migration and national minorities, Foreign Minister Péter Szijjártó said after meeting ...
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  • Hungary banks

    Asian bonds lose appeal as region latest to hike rates

    By Arthur Holmes
    February 6, 2022
    (Bloomberg) — Bond managers are lukewarm about Asian debt on the belief that the region will be the last of the emerging markets to ...
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  • Budapest real estate

    ESG criteria at the heart of investment strategies

    By Arthur Holmes
    February 5, 2022
    Photo by Ip-studio / Shutterstock.com As evidenced by recent commercial office transactions in Budapest and the CEE, ESG investing (the integration of environmental, social ...
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  • Budapest real estate

    Europa Capital acquires the Akadémia business center

    By Arthur Holmes
    February 4, 2022
    The Akadémia Business Center building, acquired by Europa Property. The pan-European real estate investment manager Europa Capital has acquired the 12,500 m² Akadémia business ...
    Read More
  • Hungary banks

    Analysis-Emerging market investors plunge into stocks amid Fed storm

    By Arthur Holmes
    February 4, 2022
    NEW YORK/LONDON: Investors in the developing world, rocked by various “tantrums” over the past decade, are now watching nervously as the rainmaker of global ...
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  • Hungary economy

    Opposition presents economic policy plans

    By Arthur Holmes
    February 4, 2022
    Written by BT/MTI The united opposition parties presented their ideas on a possible introduction of the euro, taxes, inflation, job creation and budgetary management ...
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  • Budapest real estate

    Magyar Telekom Tvkzlesi Nyilvnosan Mkd Reszvenytrsasg: Another International Architecture Award Won by Telekom Headquarters

    By Arthur Holmes
    February 3, 2022
    Budapest, February 3, 202213:30 As a project of the TIBA Architect Studio, the joint headquarters of Magyar Telekom and T-Systems won the BIGSEE Architecture ...
    Read More
  • Budapest mortgages

    WHO says Europe is entering ‘plausible endgame’ of COVID pandemic

    By Arthur Holmes
    February 3, 2022
    The director of the World Health Organization’s European office said on Thursday the continent was now entering a “plausible endgame” to the pandemic and ...
    Read More
  • Hungary banks

    Switzerland – From Budapest to Helsinki how cities are the …

    By Arthur Holmes
    February 3, 2022
    (MENAFN- Swissinfo) Deutsch (de) Von Budapest bis Helsinki: Wie Städte Demokratie fördern und verteidigen (original) Português (pt) From Budapest to Helsinque: como cidades promovem ...
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  • Hungary economy

    Five takeaways from the crisis in Ukraine, after Putin broke the silence

    By Arthur Holmes
    February 2, 2022
    When he spoke about Ukraine on Tuesday for the first time in more than a month, President Vladimir V. Putin’s signal that Russia was ...
    Read More
  • Budapest real estate

    Poland is an attractive country for international hoteliers – The First News

    By Arthur Holmes
    February 1, 2022
    Warsaw has advanced in the 2021 ranking of the most attractive markets to second place, just behind Prague. Albert Zawada/PAP A total of 60% ...
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  • Hungary banks

    Food price caps in Hungary go into effect with a message

    By Arthur Holmes
    February 1, 2022
    Food price caps in Hungary go into effect with a message Shops are required to post a notice telling consumers the government is to ...
    Read More
  • Hungary economy

    What we’re watching: More Boris drama, Orbán-Putin meet, US governors vs. Biden

    By Arthur Holmes
    January 31, 2022
    I’m pretty confident about that, which means there are still a few more weeks for diplomacy to unfold. There are still a few weeks ...
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  • Budapest real estate

    UK sanctions threats are ‘alarming’ and ‘will backfire’, Kremlin says

    By Arthur Holmes
    January 31, 2022
    Jhe United States and its allies have prepared a list of Russian elites in or near Russian President Vladimir Putin’s inner circle to face ...
    Read More
  • Hungary economy

    Slovenian banks warn of risks of changing terms of past loans

    By Arthur Holmes
    January 30, 2022
    Slovenian lawmakers will vote on a measure on Monday forcing banks to repay hundreds of millions of euros to foreign currency borrowers, with lenders ...
    Read More
  • Budapest mortgages

    Czech duo win women’s doubles at Australian Open

    By Arthur Holmes
    January 29, 2022
    17:13 Train from Budapest to Prague stopped due to high winds The operation of a railway line between the Czech Republic and Slovakia near ...
    Read More
  • Budapest real estate

    3 real estate actions to take advantage of rising rents

    By Arthur Holmes
    January 28, 2022
    The U.S. housing market was booming last year, with sales of existing homes hitting their the highest level for about 15 years. In addition, ...
    Read More
  • Hungary economy

    The Latvian minimum wage is the second lowest in the European Union / Article

    By Arthur Holmes
    January 28, 2022
    21 of the 27 EU Member States have national minimum wages, making Denmark, Italy, Cyprus, Austria, Finland and Sweden the exceptions. Based on their ...
    Read More
  • Hungary banks

    Probable Russian invasion route by Charles Tannock

    By Arthur Holmes
    January 27, 2022
    A plausible scenario places the site on the Ukrainian border from which Russian troops could launch an incursion. But the risks for Russian President ...
    Read More
  • Budapest real estate

    A commission of inquiry will be set up to investigate the “suspicious” real estate sales in Budapest

    By Arthur Holmes
    January 27, 2022
    The Budapest Assembly has decided to set up a commission of inquiry to examine the sales of “suspicious” properties of the various directorates supported ...
    Read More
  • Budapest mortgages

    Ukraine’s neighbors accept NATO help but Hungary expresses doubts

    By Arthur Holmes
    January 27, 2022
    Southeast European countries have backed NATO’s military buildup in the Black Sea region as tensions escalate between Russia and Ukraine, with Hungary striking a ...
    Read More
  • Hungary economy

    Latest news on the global spread of the coronavirus | The Argus singleton

    By Arthur Holmes
    January 26, 2022
    * Poland, the Czech Republic, Hungary, Bulgaria and Romania all achieved their highest COVID-19 infection rates of the pandemic, driven by the highly transmissible ...
    Read More
  • Budapest real estate

    Housing rental rates in Hungary increase by 13% in December

    By Arthur Holmes
    January 26, 2022
    MTI – Econews Wednesday, January 26, 2022, 12:00 p.m. Photo by Peter Gudella / Shutterstock.com Housing rental rates in Hungary rose 13.1% year-on-year in ...
    Read More
  • Hungary banks

    Prepare for likely new sanctions against Russia

    By Arthur Holmes
    January 25, 2022
    By Daniel Chirlin, David Tannenbaum and Serge Masters (January 25, 2022, 6:01 PM EST) — As the military situation in Ukraine continues to develop, ...
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  • Budapest mortgages

    Hungarian central bank makes biggest rate hike in a decade as inflation rises

    By Arthur Holmes
    January 25, 2022
    By Gergely Szakacs and Krisztina Than BUDAPEST, January 25 (Reuters) – The National Bank of Hungary raised its key rate by 50 basis points ...
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  • Hungary economy

    Matolcsy calls for the budget to be brought back into balance

    By Arthur Holmes
    January 25, 2022
    Written by BT/MTI To curb inflation, the central budget must be balanced again and the government must redouble its efforts to improve the country’s ...
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  • Budapest real estate

    Connecticut may be known for innovation, says new trade agency chief

    By Arthur Holmes
    January 24, 2022
    Connecticut has long been known as the “land of stable habits.” But the new head of one of the state’s most prominent business development ...
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  • Hungary banks

    inflation, climate change and digital transformation. Speech by François Villeroy de Galhau, Governor of the Banque de France, at the World Economic Forum

    By Arthur Holmes
    January 24, 2022
    Speech by Mr François Villeroy de Galhau, Governor of the Banque de France, at the World Economic Forum, virtual, 19 January 2022. Ladies and ...
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  • Hungary economy

    Nicholas Molnar, an underrated hero of modern Napa wine, dies at 94

    By Arthur Holmes
    January 23, 2022
    Nicholas Molnar, a winemaker who helped launch fine wine in the now-famous Napa County region of Carneros, died Jan. 11. He was 94 years ...
    Read More
  • Budapest mortgages

    Orbán: ‘Hungary cannot go back’

    By Arthur Holmes
    January 21, 2022
    Referring to the election campaign, Prime Minister Viktor Orbán said in an interview with public broadcaster Kossuth Radio on Friday that “Hungary is moving ...
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  • Hungary economy

    This week in tax: Estonia, Hungary and Poland oppose EU tax reform

    By Arthur Holmes
    January 21, 2022
    EU faces new battle over tax reform The EU has a crucial role to play in transforming the OECD-brokered second pillar agreement into the ...
    Read More
  • Budapest mortgages

    The House of Hungarian Music pits art against politics

    By Arthur Holmes
    January 21, 2022
    The House of Hungarian Music, a small glass hall with a soft pancake-like roof, is presented as the center of a city steeped in ...
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  • Budapest real estate

    UAE’s Al Habtoor group jumps into NFT craze

    By Arthur Holmes
    January 21, 2022
    The NFT ecosystem seems unstoppable, Al Habtoor Group joins GAP and Walmart as the latest known multinationals to enter the NFT world. The NFT ...
    Read More
  • Hungary economy

    Keynes warned the world against using economic sanctions. His alternative is worth considering | Nicholas Müller

    By Arthur Holmes
    January 20, 2022
    Jhe United States has come to rely more than ever on economic sanctions. After its withdrawal from Kabul in August, Washington maintained economic pressure ...
    Read More
  • Budapest mortgages

    Hungarians took out 40% more mortgages last year

    By Arthur Holmes
    January 19, 2022
    Financial institutions granted more than HUF 1.3 trillion in total in housing loans in 2021, 40% more than a year earlier, according to estimates ...
    Read More
  • Budapest mortgages

    POLL-Hungary cenbank to raise rates further amid decade-long high inflation

    By Arthur Holmes
    January 19, 2022
    Band Gergely Szakacs BUDAPEST, January 19 (Reuters) – The National Bank of Hungary (NBH) is expected to raise its base rate by another 30 ...
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  • Budapest real estate

    Memorial Day: 76 years ago the expulsion of Hungarian Germans began

    By Arthur Holmes
    January 19, 2022
    That day, January 19, 1946, began the organized expulsion from Hungary of Hungarian Germans, whose culture had become part of Hungarian culture through assimilation ...
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  • Budapest mortgages

    Fulton Financial (FULT) Fourth Quarter Earnings In Line With Estimates

    By Arthur Holmes
    January 19, 2022
    FUlton Financial (FULT) posted quarterly earnings of $0.37 per share, in line with Zacks’ consensus estimate. That compares to earnings of $0.30 per share ...
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  • Hungary banks

    Europa Capital and ConvergenCE acquire Akadémia Business Center

    By Arthur Holmes
    January 17, 2022
    Pan-European real estate investment manager Europa Capital has announced the acquisition of the Akadémia business center in Budapest, in partnership with commercial real estate ...
    Read More
  • Budapest real estate

    Government launches HUF 30 billion tender to support micro-enterprises

    By Arthur Holmes
    January 17, 2022
    MTI – Econews Monday 17 January 2022, 09:50 Government The government is launching the Hungarian Village Business Restart Program, allocating HUF 30 billion to ...
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  • Budapest mortgages

    Finance Minister: Government mortgage rate freeze to save families HUF 30 billion

    By Arthur Holmes
    January 17, 2022
    Written by BT/MTI The government’s freeze on retail mortgage rates in place for the first half of 2022 will save Hungarian families 30 billion ...
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  • Hungary economy

    EU Green Deal 2021-2027: DG Regio and EIB Financing and Economic Assessment

    By Arthur Holmes
    January 16, 2022
    Course Description Find out how the European Commission – DG REGIO and the European Investment Bank (EIB) finance and evaluate investments that contribute to ...
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  • Budapest real estate

    These are the latest changes in real estate and rental prices in Hungary

    By Arthur Holmes
    January 15, 2022
    A significant increase is expected in real estate and rental prices in Hungary. They are expected to reach the pre-pandemic period levels. Rental prices ...
    Read More
  • Hungary economy

    Hungarian inflation of 7.4% in December

    By Arthur Holmes
    January 15, 2022
    Hungarian annual inflation was 7.4% in December, the Central Statistical Office (KSH) announced on Friday. Rising prices for cigarettes and motor fuels continued to ...
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  • Hungary banks

    EU gas and nuclear rules branded ‘biggest greenwash ever’

    By Arthur Holmes
    January 14, 2022
    Experts and activists have warned the European Commission that including natural gas and nuclear power in its sustainable finance plan would lead to further ...
    Read More
  • Budapest real estate

    Czech developer to build logistics center in Croatia

    By Arthur Holmes
    January 13, 2022
    Regional today Thursday, January 13, 2022, 3:35 p.m. Czech developer RC Europe on Tuesday announced plans to build a distribution and logistics center in ...
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  • Hungary economy

    Opposition to food price caps: “Orbán is loose, VAT on basic foodstuffs should be reduced to 5%”

    By Arthur Holmes
    January 13, 2022
    “Viktor Orbán’s announcement is an admission that the Hungarian economy is in a tragic state,” said almost all members of the opposition alliance “Hungary ...
    Read More
  • Budapest mortgages

    LTV ratios fall slightly, mortgage maturities lengthen

    By Arthur Holmes
    January 13, 2022
    MTI – Econews Thursday, January 13, 2022, 10:00 a.m. Photo by Fabio Balbi / Shutterstock.com Loan-to-value ratios for home mortgages are falling as borrowers ...
    Read More
  • Budapest mortgages

    Orban extends price restrictions as inflation soars ahead of election

    By Arthur Holmes
    January 12, 2022
    Hungarian Prime Minister Viktor Orban speaks upon his arrival for an EU summit in Brussels, Belgium, December 10, 2020. John Thys / Pool via ...
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  • Budapest real estate

    GLP expands logistics center in Sziget and purchases land

    By Arthur Holmes
    January 12, 2022
    GLP has entered into a contract to acquire 22.3 hectares of land in Szigetszentmiklós, next to its existing Sziget logistics center, which will be ...
    Read More
  • Hungary banks

    Covid News: US hospitalizations break record as Omicron rises

    By Arthur Holmes
    January 12, 2022
    PictureMedical staff treated Frank Clark for Covid-19 at Western Reserve Hospital in Cuyahoga Falls, Ohio, last week.Credit…Shannon Stapleton / Reuters The number of Americans ...
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  • Hungary economy

    OECD inflation hits highest level in 25 years; Space race could fuel global tensions, WEF warns – business live | Business

    By Arthur Holmes
    January 11, 2022
    Inflation in the OECD area reached its highest level in 25 years as consumers around the world were hit by the falling cost of ...
    Read More
  • Budapest mortgages

    Forint hits 3-month high on rate hike hopes, other currencies muted

    By Arthur Holmes
    January 11, 2022
    BUDAPEST, Jan 11 (Reuters) – The Hungarian forint strengthened to a three-month high on Tuesday, buoyed by the prospect of higher interest rates, while ...
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  • Budapest real estate

    Griffes ranked 2nd most active office rental agency in 2021

    By Arthur Holmes
    January 10, 2022
    Griffes ended 2021 with a significant increase in office leases, placing the agency in 2nd placesd the most successful real estate player in the ...
    Read More
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