Unexpected Fall in Inflation Rate Surprises Analysts Despite analysts' expectations of stagnating inflation, Hungary saw a surprising decrease in the rate of monetary deflation in June, following... 2024.07.10.
Ministry of Finance Adds Russia to Financial Blacklist Russia has been blacklisted, following a tax-related decree issued by the Hungarian government, reports Index. This move is not unprecedented,... 2024.07.10.
Budapest Attracts Israeli Investors with Promising Real Estate Opportunities Metrodome Group is launching its first representative office in Israel, offering investors an exciting opportunity in Budapest, reports Jerusalem Post.... 2024.07.09.
Apple Mistakenly Refunds User HUF 254 million Apple refunded HUF 254 million (EUR 643,014) to a Hungarian user's Apple Pay mobile payment and mobile wallet service-registered card,... 2024.07.03.
First Quarter 2024 Deficit-to-GDP Ratio Stands at 5.4 Percent According to preliminary data released by the Hungarian Central Statistical Office (KSH) on Tuesday, the government sector recorded a deficit... 2024.07.02.
European Economic Sentiment Declines in June, but Hungary Shows Improvement The Economic Sentiment Index (ESI) worsened in June for both the euro area and the European Union, as reported by... 2024.06.28.
Expanding Liability: New Insurance Rules for Electric Scooters As we earlier reported, compulsory motor vehicle liability insurance requirements will extend to micro-mobility devices in Hungary, including electric scooters... 2024.06.26.
Economy Rebounds with Budget Surplus in May The building of the Ministry of Finance The Hungarian economy has returned to growth, with the budget supporting pensions, family... 2024.06.25.
Inflation Forecasts Adjusted amid Growth Prospects The central building of the Hungarian National Bank András Balatoni, Director of Economic Forecast and Analysis Directorate at the Hungarian... 2024.06.21.
Budget Closes with a Surplus in May The Hungarian economy has rebounded, and the budget is safeguarding pensions, family allowances, and maintaining cuts by rationing utilities. This... 2024.06.10.
French Investment in Hungary Grows: 544 Companies, 49,000 Employees Hungarian Defense Forces' Airbus Helicopter. Airbus has a manufacturing plant in eastern Hungary. There are 544 French-owned companies operating in... 2024.06.07.
Moody’s Continues to Recommend Hungary for Investment with a Stable Outlook After Standard & Poor's positive report in April, Moody's continues to recommend Hungary for investment with a stable outlook, reflecting... 2024.06.03.
Real Wage Increase of 13.9 Percent Compared to March In March 2024, the Hungarian Central Statistical Office reported that the average gross earnings of full-time employees reached HUF 658,400... 2024.05.23.
Interest Rate Outlook: Limited Scope for Cuts Ahead In an online discussion following recent monetary policy decisions, Barnabás Virág, Vice-chairman of the Hungarian National Bank (MNB), offered insights... 2024.05.22.
Domestic Household Wealth Reaches a New Record High The stock of financial assets held by Hungarian households rose to an unprecedented level in the first quarter of the... 2024.05.22.
Brussels Also Expects Economic Growth in Hungary The European Bank for Reconstruction and Development (EBRD) presented its latest regional forecast, projecting an acceleration in economic growth across... 2024.05.16.
Despite Political Tensions German Investments are Still Resilient in the Country Despite political tensions, there has been no change in German economic activity in Hungary. In fact, more German investment flows... 2024.05.15.
Compulsory Insurance Will Be Required for Certain E-Scooters The range of vehicles for which compulsory motor vehicle liability insurance must be taken out will be extended from July... 2024.05.14.
Hungary’s Largest Commercial Bank OTP among the Top 30 in Europe OTP shares are now worth 15 percent more than at the beginning of the year, and on Friday the bank's... 2024.05.06.
Leading Bank Expects Economic Growth of 2.7 Percent this Year MBH Bank (one of Hungary's leading financial institutions) expects economic growth of 2.7 percent this year, which could reach 3.7... 2024.05.03.
Economy Set to Achieve One of the Highest Growth Rates in the EU The government will gradually reduce the budget deficit and public debt in the coming years, while the Hungarian economy is... 2024.05.02.
