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All tourist accommodation in Hungary will be classified from one to five stars on the basis of uniform criteria – Zoltán Guller, the CEO of the Hungarian Tourism Agency (MTU), said on Saturday. The new rating system is scheduled to be introduced from January 2022. Guller also said that, based on current occupancy rates in Hungarian hotels, a bigger upswing can be expected this year than last summer.

Sun, 05/23/2021 - 17:12

  Photo credit: printscreen /

Wed, 04/28/2021 - 06:28

– The economies in Central and Eastern Europe, in particular the Visegrád Group (V4) of Poland, Hungary, Czechia and Slovakia, have proven to be relatively resilient to restrictions aimed at curbing the coronavirus epidemic,  confirming the expectation that these economies will start to grow strongly this year despite the current third wave of epidemics – according to a recent forecast published by Fitch Ratings in London.

Fri, 04/16/2021 - 08:56

According to the the German daily “Der Tagesspiegel” in the era of the coronavirus, the Visegrad Group countries are much more important for the German economy than China. Imports from and exports to China add up to 212 billion euros; this corresponds to 9.5 percent of German foreign trade.

Sat, 03/27/2021 - 09:57

For the first time, Budapest is included in the Global Startup Ecosystem Report, which compares more than 250 attractive startup locations – writes

Sat, 03/13/2021 - 10:38

Hungary will close Matra, its last remaining coal-fired power plant, in 2025 – five years earlier than previously planned.  Photo credit: ZSOLT SZIGETVARY / MTI / PAP/EPA

Tue, 03/09/2021 - 17:07

Vodafone Hungary said it's enabling 5G connections in the majority of the residential areas of Budapest. 5G has been connected to more than 200 base stations in Budapest and in the surrounding metropolitan area.

Mon, 03/08/2021 - 08:13

Poland has recorded the lowest unemployment rate in the European Union (3.1 percent), slightly less than the 3.2 percent held by second place the Czech Republic – according to data published by Eurostat.  Photo credit: Gerd Altmann / Pixabay  (jap)

Fri, 03/05/2021 - 09:46

Investment volume in Hungary rose by an annual 2.5 percent in the fourth quarter of last year, after three consecutive quarters of declines – according to data by the Central Statistical Office (KSH). (jap, photo credit: tomfield z Pixabay)

Tue, 03/02/2021 - 08:38

Housing completions in Hungary rose by 33.5 percent to 28,208 in 2020, an eleven-year record – the Central Statistical Office (KSH) said on Wednesday.

Wed, 02/24/2021 - 21:11

The Gross Domestic Product (GDP) per capita is considered to be the most common form of presentation of spatial income disparities between countries and regions. For the Visegrad countries, a good benchmark is the average GDP per capita, in the EU. Piotr Rosik, Patryk Duma

Mon, 02/15/2021 - 00:00