Szijjártó Hails Hungary-UK Cooperation
Hungary and the United Kingdom have laid the foundations of cooperation based on mutual respect following the UK’s exit from the European Union, Foreign Minister Péter Szijjártó said in London on Tuesday.
Economy
Rail Cargo Transport Could Be Alternative to Sea Shipping
László Palkovics, Hungary’s minister of technology and industry, on Tuesday said he had discussed the potential of rail freight transport as an alternative to sea shipping at the inaugural meeting of a Bulgarian-Hungarian-Serbian-Turkish transport working group in Istanbul.
Forint Weakens to New Low
The forint traded at 407.57 to the euro around 5:30 in the evening on Tuesday, making a modest recovery after slipping as far as 409.84 in the afternoon, a new historical low.
Another Record: One Euro is Over HuF 405
At half past ten on Tuesday morning, the price of the euro crossed the HuF 405 mark, setting a new record.
New Communications Director Appointed at the BMW Plant in Debrecen
The new communications director, Dr. Réka Jenei, graduated from the Faculty of Law of the University of Debrecen and speaks English and German.
Szijjártó: Europe Facing Serious Economic Challenges
Europe is facing serious economic challenges due to the war in Ukraine and the community’s sanctions against Russia, the foreign minister said on Facebook on Saturday.
Inflation to Peak in Autumn
Inflation is expected to peak in autumn 2022, then gradually subside until it reaches the central bank’s tolerance band at the end of 2023, and the NBH target of 3% by 2024 H1, according to Gergely Baksay, director of the National Bank of Hungary (NBH).
Mediaworks Suspends Világgazdaság, Figyelő Print Copies
Mediaworks Hungary is suspending the printed editions of business daily Világgazdaság and the weekly Figyelő indefinitely.
Jobbik Urges Higher Wages for Police
Opposition Jobbik is urging higher wages for police.
Weekly 500-700 Petrol Stations May See Fuel Shortage
Some 500-700 petrol stations could be without fuel every week despite the fact that there are no significant problems with supplies in the market, the deputy leader of the opposition Democratic Coalition (DK) said, citing a report by daily Népszava.