Central Bank To End Easying Cycle As Base Rate Hits Record-Low In Hungary Hungarian rate-setters cut the central bank’s (MNB) key rate by 15 basis points to 0.9% at a monthly policy meeting.... 2016.05.25.
Bloomberg Bashes Hungarian National Bank Governor Over “Rewriting Rules Of Central Banking” Hungarian Central Bank (MNB) governor György Matolcsy is funneling funds to friends and family, according to Bloomberg. The widely read economic... 2016.05.23.
Stable Outlook: Fitch Upgrades Hungary’s Credit Rating To Investment Grade Fitch returned Hungary’s credit rating to investment grade with a stable outlook. The ratings agency raised Hungary’s sovereign rating to... 2016.05.23.
Government Official: Agreement On TTIP “Highly Unlikely” To Be Reached This Year It is “highly unlikely” that a deal will be reached this year on the Transatlantic Trade and Investment Partnership (TTIP)... 2016.05.17.
Majority Of Young Hungarians Still Undereducated On Financial Matters, Survey Reveals The percentage of young Hungarians who said they are well-informed on financial matters is 23% among urban youth, 28% among... 2016.05.17.
Economy Minister Plays Down “Temporary Blip” As Hungary’s GDP Growth Suffers Major Setback In First Quarter Of 2016 Hungarian gross domestic product grew by an annual 0.9% in the first quarter of 2016, based on unadjusted data, the... 2016.05.16.
Strong Economic Growth Has Returned To Hungary, OECD Says “Strong economic growth has returned” to Hungary, the Organisation for Economic Co-operation and Development (OECD) said in a recent report,... 2016.05.09.
Central Bank Contributes Billions To Hungary’s Budget, Under-Fire Governor Explains The National Bank of Hungary (MNB) is paying a dividend of 50 billion forints (EUR 160m) from last year’s earnings... 2016.05.06.
European Commission More Optimistic About Hungary’s Economic Prospects Brussels expects Hungary’s economy to grow by 2.5% in 2016 and 2.8% in 2017 in its fresh spring European economic... 2016.05.04.
Central Bank: Hungary’s Property Market Back On Track 7 Years After Financial Crisis Housing prices in Hungary have reached pre-crisis levels following a recovery last year, according to the Hungarian National Bank (MNB). An increase... 2016.05.03.
Budget 2017: Hungary To Spend €3.7 Billion More Than It Should Next Year Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the... 2016.04.28.
Hungarian Economy Minister Hails Tax Cuts At Presentation Of 2017 Budget Bill Tax cuts, the government’s home-building scheme and growth will be the centre pieces of next year’s budget, the Hungarian economy... 2016.04.27.
Parliament Redrafts Central Bank Law As Monetary Council Cuts Base Rate To Record Low Hungary's Parliament has approved a controversial law amendment that once again enables companies and foundations owned by the Hungarian Central Bank (MNB) to close... 2016.04.26.
Hungary Finally Pays Back Last Installment Of 2008 EU-IMF Loan Hungary has payed back the final, EUR 1.5 billion installment of the $25 billion IMF-EU loan taken on by the... 2016.04.06.
European Commission Suspends €121M Development Funding To Hungary Over “Irregularities” The European Union last week suspended the transfer of 121 million euros of development funds earmarked for Hungary because of various... 2016.03.30.
Hungary’s Central Bank Wanted To “Surprise Markets”, Deputy Governor Admits Hungary’s central bank (MNB) will cut the base rate until it reaches a rate that is consistent with its inflation... 2016.03.24.
Hungarian Central Bank Cuts Base Rate To Historic Low Of 1.20 Per Cent The National Bank of Hungary (MNB) lowered the central bank’s key rate by 15 basis points to 1.20% at a... 2016.03.23.
