economy

US billionaire is encouraging American tech comp…

June 23, 2025 Steve Allen 0

Tech billionaire and cryptocurrency expert David O. Sacks, chair of U.S. President Trump’s Council of Advisors on Science and Technology, is calling for American businesses to enter the Hungarian market. Sack made the comments about […]

Hungary prioritizing families and wages in 2026 …

June 20, 2025 Steve Allen 0

The Hungarian government’s budget for 2026 seeks to boost the economy and create jobs. It will focus on families, young people starting their lives, and pensioners. It will also include Europe’s largest family tax cut […]

Google Is Slashing Headcount by Offering Volunta…

June 11, 2025 Steve Allen 0

Google has extended voluntary buyout offers to employees in several important divisions, including search, ads, and marketing, as part of its ongoing efforts to slash headcount. CNBC reports that Google has taken another step in its […]

Hungary increases deficit target, issues more fo…

June 11, 2025 Steve Allen 0

The budget deficit target in Hungary is now 4.1 percent, instead of the previous 3.7 percent, said Kornél Kisgergely, state secretary responsible for public finances. Meanwhile, the cash flow deficit target has been raised from […]

German industrial crisis deepens, automakers hit…

June 9, 2025 Steve Allen 0

German industry has cut over 100,000 jobs within a year — around 45,400 of them in the automotive industry alone, writes Junge Freiheit, citing new data from consulting firm EY. Metal and textile industries also […]

Job Growth Surges in May, Beats Expectations Aga…

June 6, 2025 Steve Allen 0

The U.S. economy once again outpaced expectations in May, adding 139,000 new jobs and maintaining a steady unemployment rate of 4.2%, according to fresh data from the Bureau of Labor Statistics (BLS) released Friday. The […]

Lagarde: ECB in ‘good position’ as it cuts rates…

June 6, 2025 Steve Allen 0

The European Central Bank (ECB) cut its deposit rate by a quarter basis point to 2 percent yesterday, along with its 2026 inflation forecast to 1.6 percent. ECB President Christine Lagarde indicated at a news […]

Poles are cutting spending and may need to do so…

June 4, 2025 Steve Allen 0

As many as 80 percent of Poles say they will limit their spending, with most saying this will cut purchases of electronic equipment or furniture, one expert tells Rzeczpospolita, cited by the Do Rzeczy news […]

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