Hungary’s Central Bank Raises Base Rate to 1.65% Hungarian rate-setters raised the central bank's base rate by 15 basis points to 1.65 percent at a scheduled meeting on... 2021.09.22.
Central Bank Warns about Underestimating Risk of Persistent Rise in Inflation It would be a mistake to underestimate the risk of a persistent rise in inflation, National Bank of Hungary deputy... 2021.09.17.
Hungary Budget Deficit at 45% of Increased Annual Plan Hungary's cash flow-based general government deficit, excluding local councils, reached 1,803.7 billion forints (EUR 5.09bn) at the end of July,... 2021.08.10.
Finance Minister: Hungary’s Economy Relaunching Faster than in Other EU Countries Brussels has recognised that Hungary's economic relaunch is happening at a faster pace than in the EU countries, Mihály Varga,... 2021.07.14.
National Bank Governor Suggests North-South Dual Euro Exchange Rate György Matolcsy, the governor of Hungary's central bank, has suggested in an op-ed that the euro area should have two... 2021.07.12.
National Bank Governor: Hungarian Economy Saved by Private Sector Hungary's management of the coronavirus crisis last year yielded mixed results, National Bank of Hungary (NBH) governor György Matolcsy wrote... 2021.07.06.
Hungarian Brokerage Firms: Profits Like Never Before The Hungarian investment sector has closed the year with record numbers. Higher turnover generated by BSE investors was also reflected... 2021.06.18.
Hungarian Forint Hits 10 Month Record, Huge GDP Growth Expected The Hungarian Forint reached a ten month record of 346 to the euro on Tuesday after its value suddenly began... 2021.06.02.
Finance Minister: Hungary to Lead EU’s Post-Covid Economic Rebound Hungary is poised to lead the European Union's post-pandemic economic rebound, Finance Minister Mihály Varga said after meeting his EU... 2021.05.22.
Budget Deficit HUF 1,144 Bn at End-March, Ministry Confirms Hungary's cash flow-based budget, excluding local councils, posted a shortfall of 1,144.1 billion forints (EUR 3.15 billion) at the end... 2021.04.23.
Hungary’s Green Bond Wins CBI Award Climate Bonds Initiative, a non-profit organisation appraising sustainable financial solutions, has awarded Hungary for its green bond, first issued last... 2021.04.22.
Fiscal Council: 2021 Budget Deficit Target Needs to Be Raised Hungary's Fiscal Council noted on Thursday the deficit target in the 2021 budget would have to be raised. The government... 2021.04.16.
PIT Exemption of Under-25s in Hungary to Affect More Than Previously Thought In January, Prime Minister Viktor Orbán announced that from 2022 onwards, young Hungarians under the age of 25 will not... 2021.04.15.
Number of Student Loan Applications Breaks Record in 2020 The Student Loan Center closed a record year with 42,000 new applications, three times the 2019 figure, according to leading... 2021.04.13.
Budget Deficit 8.1 % of GDP in 2020 Hungary's budget ran a 3,870 billion forint (EUR 10.7bn) deficit last year, equivalent to 8.1 percent of GDP, data released... 2021.04.01.
Finance Minister Inaugurates HQ of International Investment Bank The International Investment Bank's (IIB) decision to move its headquarters to Budapest is a boost to Hungary's financial position on... 2021.02.19.
Fidesz Spends Far More On Hungary’s Corporations Than Previous Governments The government has been actively providing funding for large domestic and multinational corporations in return for the creation of jobs... 2021.02.10.
Central Bank Keeps Base Rate on Hold at 0.60% Hungarian central bank (MNB) rate-setters on Tuesday kept the base rate on hold at 0.60 percent and also decided to... 2021.01.26.
Hungarian Manager Becomes One of Mastercard’s Global Leaders Milán Gauder has worked his way up the ranks at Mastercard to the point where he is now Global Head... 2021.01.13.
EIB Lends Hungary’s Eximbank EUR 200 Million to Support Recovery The European Investment Bank (EIB) on Tuesday said it will lend 200 million euros to Magyar Eximbank, creating a new... 2021.01.13.
Gov’t Scraps Procedural Fees Procedural fees will no longer be levied, a state secretary at the finance ministry said on Sunday, noting that government... 2021.01.11.
