Last week the Hungarian National Bank (MNB) held a press conference about economic expectations in Q1 2023 and the measures it is taking to counter inflation and moderate foreign exchange…
Category: Business
Inflation in Hungary – what to expect in 2023
Are you running a business in Hungary? Get familiar with the latest statistics and projections regarding GDP and inflation in Hungary in 2022 and 2023 based on the latest data.
Minimum wage in Hungary in 2023
Last updated on 11 October 2023. The Hungarian minimum wage has just been increased with ca. 15% for 2023, which will affect not only payroll costs, but also various other…
Global minimum tax will not affect small businesses in Hungary
Hungary has finally agreed to the introduction of the global minimum tax in the EU. This will make major corporations with a worldwide yearly income over EUR 750 million pay…
Taxes on long-term investment in Hungary
Are you looking for long-term investment options in Hungary? Bank deposits, government securities, and stocks are among the most popular options. Whichever you choose, you will be required to pay…
Stay on top of the October economic trends and investment options in Hungary
How to make the most of your money is never an easy question. Especially under the current, unprecedented circumstances, among a pandemic, war, and increasing energy costs, it is increasingly…