Analysts: Curbing Inflation Will Take a Long Time Analysts told state new agency MTI that inflation may have reached its peak in November with a 14-year record high... 2021.12.08.
DM Drugstore More Expensive in Hungary than in Germany and Austria According to the results of an online investigation by the news portal G7, the prices in the Hungarian stores of... 2021.11.25.
Forint Continues Downfall, Weakening to Yet Another Historic Low After breaking an all-time low on Monday, the Hungarian currency continued its downfall on Tuesday, reaching a new historic low... 2021.11.23.
Forint Hits New Historic Low against the Euro The weakening of the forint began last week and has continued on Monday, with the Hungarian currency quickly falling to... 2021.11.22.
Base Rate Raised by 30 Basis Points by Hungary’s Central Bank Hungary rate-setters at a regular policy meeting on Tuesday raised the base rate by 30 basis points to 2.10 percent... 2021.11.16.
Hungarian Dating Site Enters Foreign Markets The owners of the largest domestic dating site Dating Central Europe Zrt. (DACE), CEO Péter Weiler and investor Russmedia Equity... 2021.11.11.
Official: Minimum Wage Deal Ready to Be Signed Representatives of the government, employers, and employees are ready to sign an agreement on next year's minimum wage rises, Sándor... 2021.11.09.
Governor Matolcsy: Budapest Small in the World, Too Big for Hungary György Matolcsy, the governor of Hungary's central bank, has argued in an op-ed for magyarnemzet.hu that changes are needed to... 2021.11.09.
Finance Minister Projects 7% GDP Growth for 2021 Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in... 2021.10.19.
Rate-setters Point to Persistence of Upside Risks Surrounding Inflation Outlook Hungarian central bank (NBH) policymakers have warned of the risks associated with persistent inflation and agreed that the tightening cycle... 2021.10.07.
Gov’t Borrows EUR 183 Million from Asian Infrastructure Investment Bank Hungary has concluded an agreement with the Asian Infrastructure Investment Bank (AIIB) on the provision of 183 million euros (HUF... 2021.10.06.
KSH: Average Gross Salary Increases, Men Still Earn More Wages in Hungary grew by an annual 7.9 percent in July from 3.5 percent in the previous month, the Central... 2021.09.29.
Central Bank Welcomes Moody’s Decision to Upgrade Hungary’s Rating The National Bank of Hungary welcomes the decision of Moody's Investor Service to upgrade Hungary's sovereign rating to Baa2 from... 2021.09.27.
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.