New EU Payment Regulation Mimics the Hungarian Model On April 8, 2024, the regulation on immediate transfers in euros came into force, aiming to enable customers to make... 2024.04.29.
S&P Keeps Hungary in the Investment Recommended Category The international credit rating agency Standard & Poor's Global Ratings affirmed its investment-grade rating of 'BBB-/A-3' on Hungarian government debt... 2024.04.29.
Monetary Council Reduces Central Bank Base Rate by 50 Points Headquarters of the Hungarian National Bank, Budapest. The volatile risk environment will continue to demand a cautious and patient approach... 2024.04.24.
Hungary to Prepare Next Year’s EU Budget Hungary will hold the rotating presidency of the Council of the European Union this year. The experts at the Ministry... 2024.04.24.
Factors Behind the Budget Deficit Surge Revealed In March, the public deficit surged by HUF 562B (EUR 1.4B), revealing the factors behind its creation. Detailed data on... 2024.04.23.
Middle East Conflict Leaves Its Mark on the Hungarian Economy Israel's announcement of a retaliatory strike against Iran has made investors uneasy, and last week, stock markets, including domestic ones,... 2024.04.22.
Domestic Inflation Remains below the Regional Average Recent data from the Hungarian Central Statistical Office shows that the trajectory of inflation in Hungary has continued its downward... 2024.04.12.
Exceptional Highs for Hungarian Stocks Amid Global Market Movement Trading began on a largely positive note across stock markets, with Asian trading floors rising and Europe also displaying increasingly... 2024.04.09.
Statistics Show Public Debt and Budget Deficit Shrinking According to data published by the Central Statistical Office (KSH), the public debt ratio is projected to decrease to 73.5... 2024.04.02.
Economic Relations with China Have Reached a New Level "Over the past decade, Hungary has established itself as a bridge for economic cooperation between Europe and China," stated Minister... 2024.04.02.
The Economy Returns to Growth, Minister of Finance Says The Hungarian economy is poised to return to growth this year, with expectations that it could rank among the top... 2024.03.22.
OECD Report Confirms Hungary’s Sustainable Growth Prospects Secretary-General of OECD, Mathias Cormann The Hungarian economy is poised to return to a sustainable growth trajectory this year, the... 2024.03.07.
Ministry for National Economy to Propose a Law for Cryptocurrency Regulation Countries worldwide are grappling with the challenge of monitoring and regulating cryptocurrencies, with differing approaches being taken. In Hungary, the... 2024.03.05.
Viktor Orbán Is Calling for Economic Vigilance In 2024 Prime Minister Viktor Orbán's recent remarks at the Economic Year 2024 opening event of the Hungarian Chamber of Commerce and... 2024.03.04.
Minister Calls On the EU to Rethink Its Policies on State Subsidies The BYD bus factory in Komárom The European Union should be involved in the state aided competition between the United... 2024.03.04.
Gedeon Richter Pharma Company Anticipates Double-Digit Growth Gedeon Richter, the renowned pharmaceutical giant, is gearing up for another year of exceptional growth and expansion, building on its... 2024.03.01.
Statistical Office Reports Huge Growth in Real Wages In December 2023, the Central Statistical Office (KSH) reported that the average gross earnings of full-time employees were HUF 655,600... 2024.02.23.
OXO Labs to Invest in Nine Tech Start-ups This Year OXO Labs, a subsidiary of OXO Technologies Holding, plans to invest in at least nine technology start-ups over the next... 2024.02.15.
Analysts’ Insights on Current Economic Landscape Inflation may have fallen into the National Bank's tolerance band for the first time in almost three years in January,... 2024.02.08.
International Recognition Received for Effective Debt Management Finance Minister Mihály Varga announced on his social media page that Hungary has won the International Financing Review's (IFR) 2023... 2024.02.07.
Economic Analyst Warns against Austerity Measures It would be a mistake to reintroduce austerity measures that have already failed miserably and proven to be ineffective, as... 2024.02.06.
