The Population Feels Slightly Better about Finances as Business Sentiment Holds Steady The population's assessment of their own financial situation has improved, and companies are experiencing a more favorable business environment, reads... 2025.07.30.
Hungary Outperforming the UK, Germany, and France in Wealth Growth In Europe, Hungary saw the largest increase in citizens’ affluence last year, followed by Lithuania and Sweden, according to a... 2025.07.28.
Revolut Reboots Crypto Services After Legal Freeze Fintech giant Revolut has partially reinstated its cryptocurrency services in Hungary, now allowing users to access depositing, releasing, and staking... 2025.07.25.
Panda Bond Deal Highlights Strong Global Investor Confidence in Hungary File photo of Viktor Orbán greeting the President of the Bank of China, Ge Haijiao, in May On Tuesday, Hungary... 2025.07.24.
Salaries Are Rising, Reached New Highs Wages continue to grow dynamically in Hungary, with the average gross salary exceeding HUF 700,000 (EUR 1 = HUF 400)... 2025.07.18.
Economy Poised for Moderate Growth, Says Central Bank Governor Due to global uncertainty, the US and European central banks have revised their inflation forecasts upwards, while moderating their growth... 2025.07.03.
Central Bank Governor Signs Cooperation Agreement with Chinese Counterpart People's Bank of China headquarters in Beijing In the current uncertain global economic environment, Hungary can count on its eastern... 2025.06.19.
OTP Begins Slovenia’s Largest Real Estate Development Project OTP is beginning Slovenia's largest real estate development project to date: the foundation stone for the Emonika complex, a renewable... 2025.05.20.
Against Trade Wars – Viktor Orbán in Talks with Bank of China Chairman L-R: Bank of China Chairman Ge Haijiao and Viktor Orbán in Budapest On Monday, Prime Minister Viktor Orbán held talks... 2025.05.13.
OTP Bank’s Long-term CEO Suddenly Resigns PM Viktor Orbán at OTP Bank's Friday general meeting with Sándor Csányi (L). After 33 years at the helm, Sándor... 2025.04.25.
2024 Was an Exceptionally Successful Year for MOL, Says CEO MOL Campus in Budapest Despite geopolitical tensions, weak global growth, and a shifting regulatory environment, the MOL Group achieved its... 2025.04.24.
Incubator to Boost Green and Smart Startups Launches Hungary’s first incubator focused specifically on green tech and artificial intelligence called Incubator Zero has officially launched its operations. The... 2025.04.22.
Household Financial Assets Have Doubled in Six Years The stock of household financial assets (in simple terms: savings) continued to grow rapidly in 2024, exceeding HUF 111,200 billion... 2025.04.02.
Mihály Varga Starts Work as Head of the Central Bank Swearing-in of central bank governor Varga Mihály (C) at the Sándor Palace on March 3, 2025 "We are pursuing a... 2025.03.05.
New Central Bank Governor Takes Office Mihály Varga (R) and Hungarian President Tamás Sulyok On Monday, the new Governor of the Hungarian National Bank (MNB /... 2025.03.04.
Stock Market to Surge as Viktor Orbán’s U.S. Trip Bolsters Ties with Donald Trump There is no denying the close ideological alignment and friendship between Hungarian Prime Minister Viktor Orbán and former U.S. President... 2024.12.20.
Finance Minister Varga: Artificial Intelligence to Bring a New Era in Taxation At the Tax Administration European Union Summit in Budapest, Finance Minister Mihály Varga highlighted Hungary’s achievements in creating one of... 2024.12.13.
November Deficit Drops to HUF 233.8B, Meeting 68% of Annual Target The government reported a deficit of HUF 233.8B (EUR 586M) in November, the lowest monthly figure in recent years, amounting... 2024.12.09.
Moody’s Revises Ratings and Outlook for Hungarian Banks Moody's has recently announced its updated ratings for several major Hungarian banks, including Raiffeisen Bank Zrt, K&H Bank, Erste Bank... 2024.12.06.
Retail Credit Market Surges to New Highs with Record Personal Loan Demand Demand on the retail credit market remains very strong. While new personal loan originations broke the previous annual record in... 2024.12.05.
European Investment Bank Plays “Key Role” in Improving EU Competitiveness EIB President Nadia Calviño (L) and Hungary's Finance Minister Mihály Varga Hungary supports the acceleration of the European Investment Bank's... 2024.12.05.