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news

Business, investment and economic regulation news from Hungary, about Hungary.

Good news: IMF sees Hungary economic growth among highest in region

The International Monetary Fund (IMF) has bumped up its projection for Hungary’s economic growth in 2022 to 5.7 percent, among the highest in the region, according to the finance ministry....
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Tax cuts announced by the Hungarian Finance Minister

The government is preparing for the post-war situation by working to keep the economy on a trajectory to catch up with more developed economies, the employment rate at the current...
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An insight into the popularity of crypto in Hungary

In Hungary, cryptocurrencies are recognized as a legitimate form of digital payment. These currencies exist in an entirely non-material state. Blocks of transaction data are stored in the blockchain without...
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Budapest among the best cities for digital nomads!

For years, people have been travelling the world to find new and exciting ways to work. And now, with the advent of technology and the internet, there’s never been a...
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Hungary Wants to Provide a Competitive Investment Environment

The Hungarian government wants to create favorable conditions for foreign investment, according to the Foreign Minister. German business leaders spoke positively at a forum in Berlin, but some criticized the...
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Hungary on track to becoming one of Europe’s innovation leaders

Hungary could be among Europe’s innovation leaders by 2030, but the research and development system established in recent years could bring spectacular results within a few years, said the President...
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Learning about tax deductions in small steps

Tax deductions are available for both interest payments and charitable gifts. The fact that you can deduct some expenses from your taxable income is also favourable. They can save hundreds...
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Chinese Investment Contributes to Hungary’s Growth

Hungarian Foreign Minister Péter Szijjártó met his Chinese counterpart in New York. Bilateral relations are mutually beneficial and Chinese investment is key to growth, he said. Large-scale Chinese investments can...
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