Hungarian Bank Classified as “International War Sponsor” Ukraine's National Anti-Corruption Agency (NAZK) has placed Hungary's OTP Bank Group on its list of "international war sponsors" for its... 2023.05.05.
Hungary Can Meet Conditions for Adopting Euro President of the Fiscal Council Árpád Kovács said on Thursday at the 53rd meeting of delegates of the Fejér County... 2023.05.05.
Prices at Petrol Stations Will Plummet on Friday Fuel prices will fall significantly on Friday. Petrol will cost 10 forints less per litre gross and diesel 18 forints... 2023.05.04.
Japanese Credit Rating Agency Recommends Hungary for Investment Despite the dangerous international environment, Japan's R&I credit rating agency has affirmed Hungary's BBB+ rating, the Finance Minister announced on... 2023.05.02.
Economic Experts Speak out against Over-regulation The West needs to stop unnecessary economic centralization and over-regulation to compete with the emerging powers of Eurasia in a... 2023.04.27.
Mergers and Acquisitions Market Expands to 10-year High in 2022 2022 was the most active corporate transaction period of the past 12 years in Hungary in terms of number and... 2023.04.04.
Hungarian Banking System Is Strong, Says Finance Minister The Finance Minister spoke in Cluj-Napoca (Kolozsvár, Romania) on the state and future of the Hungarian economy and banking system.... 2023.03.16.
Biden Administration Continues to Exert Financial Pressure on Hungary Individuals and companies alike may be adversely affected by the Biden administration's decision to unilaterally terminate the double taxation treaty... 2023.03.08.
1.5 Percent Economic Growth Expected This Year The government expects the Hungarian economy to grow by 1.5 percent this year, Finance Minister Mihály Varga said during a... 2023.03.03.
The Inflation Target Could Be Met at the Current Base Rate The inflation target can be achieved in a sustainable manner at the current level of the base rate, according to... 2023.03.01.
European Union Is Interfering in Economic Competition, Claims Finance Minister EU Commissioner Vera Jourová has been at the center of the political attacks against the Hungarian government recently and is... 2023.02.27.
High Inflation in January Hungarian inflation was 26.2 percent in January, two and a half times higher than the EU average, 24.hu news portal... 2023.02.24.
Government Manages to Decrease Public Debt in Times of Financial Stress According to the latest data from the Central Bank of Hungary (Magyar Nemzeti Bank, MNB), the ratio of public debt... 2023.02.21.
Central Bank Deputy Governor Calls Inflation Number One Enemy Inflation, digital central bank currency, and sustainability were also on the agenda of this year's Lámfalussy Conference, organized by Hungary's... 2023.02.07.
On the Way to Recovery as Interest Rates Begin to Decrease In February, several major banks started to cut their lending rates, with some having lowered interest rates on home and... 2023.02.03.
Government Reacts to Standard & Poor’s Credit Downgrade After Standard & Poor's (S&P) credit downgrade on Friday, the Hungarian government has reacted by outlining a positive vision for the... 2023.01.30.
Central Bank Governor Calls for Anti-inflation Measures Inflation must be reduced as quickly and permanently as possible, according to the Governor of the Hungarian National Bank (MNB).... 2023.01.20.
Baby Bond Helps Set Up Young Hungarians for Life More than 300,000 children already have a Start securities account, also called the 'Baby Bond,' with the Hungarian State Treasury,... 2023.01.16.
Hungarians Are Wary of Cryptocurrencies Hungarian investors consider cryptocurrencies to be a higher-risk than the average investment, and lack information about the digital currency available... 2023.01.13.
Hungarian Currency and Stock Market Start the New Year Strong In 2022, the forint reached unprecedented lows, having risen steadily above 400 against the euro. This year might bring some... 2023.01.06.
Public Debt Could Decrease Next Year The draft amendment to next year's budget has been approved by the Fiscal Council, but they also warn of risks,... 2022.12.28.
