hungarianeconomy
With the European elections just around the corner, Hungary’s Prime Minister Viktor Orbán recently gave a speech launching the manifesto of his right-wing populist party Fidesz. The speech is full of claims that Fidesz has significantly improved Hungary’s economy and prevented the country from being dragged into Russia’s war in Ukraine. The Cube took a look at some of the biggest claims to see if they were true. Claim: Fidesz put Hungary's economy back on its feet after it was bankrupted by the leftThis isn’t true: Hungary didn’t go bankrupt in 2009, the final year of former Prime Minister Fer...
Euronews (English)
Inflation in Hungary sharply declined to 3.8% in January compared to the previous year, according to the Hungarian Statistical Office. In December, prices rose by 5.5% in a yearly comparison. The lower-than-expected headline inflation (including food and energy prices) had hit its lowest level since March 2021. The figure was partially dragged down by slowing food inflation, which was 3.6% in January (vs 4.8% in December 2023). Subdued food prices were good news for the people who had seen food prices going up more than 45% at the beginning of the last year. Energy was cheaper than last year, ...
Euronews (English)
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