OecoFocus
Strong wage dynamics lay the basis for consumption and economic growth
In 2024, the average gross earnings of full-time employees were HUF 646,800, an increase of 13.2% in one year. Real wages, i.e….
Family tax reform and pensioner VAT rebate could leave up to HUF 1,600 billion for families
In his state of the nation address on 22 February 2025, Prime Minister Viktor Orbán announced two important welfare measures to boost…
How Hungarian-Polish foreign trade changed after 2020
In our previous analysis, we have dealt in detail with the development of Hungarian-Polish relations from both diplomatic and economic perspectives. However,…
Marriage, the maximising of comparative advantage
Marriage Week takes place this year between 10 and 16 February 2025. In Hungary, a series of events will be held for…
Assessing the last six months – what are the achievements of the Hungarian presidency?
On 1 January 2025, Poland was given the opportunity to hold the rotating presidency of the European Union for six months. Hungary…
Agriculture summary – how the Hungarian and global sectors performed in 2024
2024 has been a difficult year for workers in Hungarian agriculture. They have faced many obstacles over the past two years, but…
A forgotten industry – Hungarian textile manufacturing
We use different textiles, clothing and leather products in our everyday lives, but most of the time we don’t know whether the…
Hungary is a reliable NATO member and partner in peacekeeping
In the context of NATO Secretary General Jens Stoltenberg’s visit to Budapest in June, we provide a brief overview of how Hungary…
It is a fallacy that Hungary is emptying out – the proportion of Hungarians who have moved abroad is average in the EU
The perception that a large part of Hungary’s population has already moved abroad and that only a fraction of the census population…
Hiking trails and national parks are good for economic growth
Hiking is not only one of the most popular forms of exercise, but also an activity with many positive social and economic…
