1.5 Percent Economic Growth Expected This Year The government expects the Hungarian economy to grow by 1.5 percent this year, Finance Minister Mihály Varga said during a... 2023.03.03.
The Inflation Target Could Be Met at the Current Base Rate The inflation target can be achieved in a sustainable manner at the current level of the base rate, according to... 2023.03.01.
European Union Is Interfering in Economic Competition, Claims Finance Minister EU Commissioner Vera Jourová has been at the center of the political attacks against the Hungarian government recently and is... 2023.02.27.
High Inflation in January Hungarian inflation was 26.2 percent in January, two and a half times higher than the EU average, 24.hu news portal... 2023.02.24.
Government Manages to Decrease Public Debt in Times of Financial Stress According to the latest data from the Central Bank of Hungary (Magyar Nemzeti Bank, MNB), the ratio of public debt... 2023.02.21.
Central Bank Deputy Governor Calls Inflation Number One Enemy Inflation, digital central bank currency, and sustainability were also on the agenda of this year's Lámfalussy Conference, organized by Hungary's... 2023.02.07.
On the Way to Recovery as Interest Rates Begin to Decrease In February, several major banks started to cut their lending rates, with some having lowered interest rates on home and... 2023.02.03.
Government Reacts to Standard & Poor’s Credit Downgrade After Standard & Poor's (S&P) credit downgrade on Friday, the Hungarian government has reacted by outlining a positive vision for the... 2023.01.30.
Central Bank Governor Calls for Anti-inflation Measures Inflation must be reduced as quickly and permanently as possible, according to the Governor of the Hungarian National Bank (MNB).... 2023.01.20.
Baby Bond Helps Set Up Young Hungarians for Life More than 300,000 children already have a Start securities account, also called the 'Baby Bond,' with the Hungarian State Treasury,... 2023.01.16.
Hungarians Are Wary of Cryptocurrencies Hungarian investors consider cryptocurrencies to be a higher-risk than the average investment, and lack information about the digital currency available... 2023.01.13.
Hungarian Currency and Stock Market Start the New Year Strong In 2022, the forint reached unprecedented lows, having risen steadily above 400 against the euro. This year might bring some... 2023.01.06.
Public Debt Could Decrease Next Year The draft amendment to next year's budget has been approved by the Fiscal Council, but they also warn of risks,... 2022.12.28.
Central Bank Foresees Significant Inflation Decline Inflation will fall sharply from the second half of next year, and a "rapid rebound" of slowing economic growth is... 2022.12.23.
Single-digit Inflation Towards the End of 2023 Global inflation has started to decline, inflation is past its peak and consumer price growth in Hungary could return to... 2022.12.21.
Leading Hungarian Bank Expands into Uzbekistan OTP Bank is to acquire the Uzbek Ipoteka Bank; the contract for the acquisition was signed by the two parties... 2022.12.13.
Hungary Issues Green Panda Bond Worth Two Billion Yuan Hungary issued a Green Panda Bond worth 2 billion yuan on the Chinese market on Wednesday, Finance Minister Mihály Varga... 2022.11.17.
International Recognition for the Hungarian Tax System The Hungarian tax system has received further international recognition, as Hungary has moved up to seventh place in the EY... 2022.11.11.
Republicans Call on Biden Not to Scrap Hungarian-US Tax Agreement There have already been questions in professional circles about the legality of the Biden administration's decision to terminate the tax... 2022.11.08.
Hungarians’ Appetite for Loans is On the Decline Hungarians took out significantly fewer loans in September than a year earlier. The biggest drop was in applications for home... 2022.11.04.
Number of Days of Paternity Leave Doubles in Hungary More paternity leave days, parental and caregiver leave, and free training are part of the employment package recently submitted by... 2022.11.03.
