Budapest Jumps to 85th Place on Global Financial Centres Index
Budapest has jumped to 85th place from 101th last year on the Global Financial Centres Index, which was published on Thursday for the 29th consecutive year by the Z/Yen Group. The index ranks 114 cities on a 1,000 point score. New York (764 points) replaced London...
EBRD Adopts New Country Strategy for Hungary
The European Bank for Reconstruction and Development (EBRD) on Thursday said its board approved a new country strategy for Hungary, setting out priorities for the period 2021-2026. The EBRD said it will “pursue support for productivity improvements, through innovative...
Hungary Announces Stricter Restrictions for Travel Outside of EU
Stricter travel restrictions were put in place last weekend in order to control how freely people can travel to Hungary. Now only those who went on business trips to a selected list of countries can return to the country unrestricted. Prime Minister Viktor Orbán...
Domestic Production of Coronavirus Vaccine to Start at End-2022
Domestic production of a coronavirus vaccine will start in Debrecen at the end of next year, the minister of innovation and technology told a press conference on Thursday. The plant will be set up for the production of vaccines against coronavirus, László Palkovics...
