The corporate papers that provide the foundation for registration are listed in the business register together with information about registered businesses. In their function as courts of registration, courts are responsible for maintaining the information in the business register (on the firms enrolled therein). Electronic storage is used to store company papers and information. On […]
László Balogh, a top economic analyst at ingatlan.com, claims that home prices have remained stagnant since the fall of 2022. In other instances, he said, costs have even decreased since January of this year. László Balogh discussed the current trend change in the Hungarian real estate market with Index. Reversal of the property market’s trend […]
The chief economist of ING Bank, Péter Virovácz, provided an appraisal on the outlook for the Hungarian forint and the national economy. Although the recession currently dominates Hungary, he predicted that it will soon end. In 2023, Hungary’s GDP might grow by 0.7 percent, which would be favorable for the forint’s exchange rate. According to […]
Hungary’s trade is expected to break the record in 2023 according to research recently made by economic analysts. When you compare Hungary’s work with other countries and regions and its population, it generates a lot of revenue and has been proliferating. That’s likely because of Hungary’s investments in new technology, transportation, raw materials, and industries. […]
Hungary’s economy has been undergoing significant changes over the last few years, with trade expected to reach record-breaking levels in 2023 and new customer-friendly changes to the housing market. In addition, there has been a digital turnaround in the real estate sector and positive predictions from the Minister of Finance that the economy will soar […]
There is a digital innovation in the Hungarian real estate sector that buyers and sellers can feel. Digitization has increased accessibility in the real estate sector, with almost all panel floor plans in Budapest available on the internet. The sales information for the first ten months of 2022 is out. According to the data, there […]
The Hungarian housing market has recently undergone a change that aims to make it more customer friendly. The impact of the changes will significantly influence the housing sector on both an individual and governmental level. In its search for increased efficiency, Hungary plans to redefine what it means to be a customer-friendly market. The following […]
As the Hungarian economy continues to grow and develop, it has increasingly relied on foreign currency loans to fund its development projects and infrastructure improvements. In 2023, it is expected that Hungary will take on a significant amount of these loans to meet the growing population and economic demands. In this article, we will explore […]
A Hungarian economic news website reported that Hungary is facing serious financial challenges due to a wage-price spiral that started in the fall of 2022 and is not expected to end soon. Additionally, the Hungarian News Agency mentioned that the average wages in the country had significantly increased in October. A phenomenon of a continual […]
Exchanging currencies to borrow is a complex task, especially in countries with unstable economies. One option that can be used is a foreign currency loan. With their low-interest rates and ease of securing collateral, many people consider this option to finance their travel abroad or make small business investments abroad. This article covers several tips […]
