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Navracsics: Budapest, agglomeration 'can't progress without each other'

Low Housing Construction Activity in Q1

In the first quarter of 2024, some 2,779 new dwellings were built, 23% fewer than a year earlier, according to data by the Central Statistical Office (KSH).

British American Tobacco to Make Pécs a Global Manufacturing Center for Smokeless Products

The British American Tobacco will establish a new center for the production of smokeless products in Pécs (southwestern Hungary).

Hungary to Address Future of Cohesion Policy During EU Presidency

The debate over the future of the European Union's cohesion policy will be one of the most important topics addressed when Hungary takes the revolving presidency of the Council of the EU in the second half of the year, Public Administration and Regional Development Minister Tibor Navracsics said at an event organized by the Ludovika University of Public Service on Thursday, according to a report by state news wire MTI.

Unemployment Rate Stagnant at 4.2% in December

The unemployment rate in Hungary stood at 4.2% in December, remaining practically unchanged compared to the previous month, according to data published by the Central Statistical Office (KSH).