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.
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.