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.
Productivity Gaps Highlight Growth Potential Main building of the Hungarian National Bank in Budapest. Productivity indicators remain below the EU average, presenting a key growth... 2024.12.05.
Moody’s Withdraws Oil Company MOL’s Ratings Moody's Ratings withdrew its 'Baa3' long-term issuer rating on MOL on Tuesday. The international credit rating agency justified the decision... 2024.12.04.
Eximbank Returns to the International Capital Market Eximbank has issued an international bond worth EUR 500 million, Hungary's official export credit agency announced on Wednesday. The day... 2024.11.28.
New Wage Deal Paves Way for Growth and Record Investments Hungary has set ambitious goals for 2025, aiming for over 3% economic growth and a historic wage increase under a... 2024.11.26.
Viktor Orbán: World Economy’s Center Shifts East with Growth Outpacing the West President of the National Bank György Matolcsy (R) and PM Viktor Orbán At the Budapest Eurasia Forum organized by the... 2024.11.22.
Three-Year Deal: Minimum Wage Increases Outlined by 2027 A three-year wage agreement has been reached between the government and the forum representing employers, and reflecting the government's expectations.... 2024.11.22.
Hungary Advances Tax Competitiveness with New Measures for 2025 Hungary's tax system is progressing towards greater competitiveness, with further reductions in the tax burden planned for 2025, Finance Minister... 2024.11.20.