FinMin Expects 5% GDP Growth, 4.9% Budget Deficit in 2022 The finance ministry is calculating with a GDP growth over 5 percent next year, making it possible to reduce the... 2021.12.17.
Kopint-Tárki Lowers 2021 GDP Forecast to 6.1% Economic research firm Kopint-Tárki has lowered its forecast for 2021 GDP growth to 6.1 percent from 6.8 percent in a... 2021.12.16.
Pécs City Council Votes to Sell Majority Stake in Local Pogány Airport to State The local council of Pécs decided in an unanimous vote on Tuesday to sell its majority stake to the state... 2021.12.16.
Hungary Issues Green Panda Bond Hungary has become the first country in the world to successfully issue a green "panda" bond - targeted at the... 2021.12.15.
Construction Sector Output Growth at 14.5% in Oct Output of Hungary's construction sector rose by an annual 14.5 percent in October, the Central Statistical Office (KSH) said on... 2021.12.15.
Central Bank Lifts Inflation Forecast for 2021, Lowers GDP Growth Estimate The National Bank of Hungary (MNB) raised its forecast for inflation for this year to 5.1 percent and lowered its... 2021.12.15.
Hungary Central Bank Hikes Base Rate by 30 Base Points Hungarian central bank rate-setters hiked the base rate by 30 basis points to 2.40 pc at a regular policy meeting... 2021.12.15.
Parl’t Passes New Bill Dealing Severe Blow to Hungary’s Largest, Foreign Supermarket Chains On Tuesday, in a fast-track procedure, parliament passed a new amendment proposal to prevent food waste. Under the proposal, supermarkets... 2021.12.14.
Gov’t Postpones Decision on Budapest Airport Purchase Pointing to the economic situation and world financial trends, the Hungarian government appears to have postponed the decision on the... 2021.12.14.
Central Bank Head Matolcsy: Budapest Should Be Divided Governor and head of the Central Bank, György Matolcsy, wrote an article titled "What could be the solution to the... 2021.12.14.
Energy Authority: Budapest Gas Prices Lowest Among European Capitals in November The average price of gas was 2.86 eurocent in Budapest in November, the lowest among European capitals, the Hungarian energy... 2021.12.14.
Gov’t-Owned Cargo Plane Purchased After First Wave Put in Operation The cargo plane Hungary's government purchased after the first wave of the coronavirus pandemic started commercial operation on Saturday, Peter... 2021.12.13.
Coronavirus: Self-employed Receive Almost HUF 17 bn in Stimulus Payments More than 76,000 self-employed Hungarians have received a total of nearly 17 billion forints (EUR 46.5m) of one-off stimulus payments... 2021.12.13.
Finance Minister Further Lowers 2021 GDP Growth Projection Finance Minister Mihály Varga said Hungary's GDP is expected to grow by 6-6.5 percent this year at a general meeting... 2021.12.13.
Though More Expensive, Hungary’s Fish Supply Remains Plenty for Christmas There will be no shortage of fish at Christmas in Hungary, a spokesman of the Hungarian Aquaculture and Fisheries Inter-Branch... 2021.12.12.
Govt ‘Open’ to Developing Pogány Airport Near Pécs The government is 'open to' developing the international airport at Pogány near Pécs, in southern Hungary, if it can reach... 2021.12.11.
Gov’t to Postpone Projects and Increase Reserves The government has decided to postpone some development projects and increase the central budget's 2021 reserves by a total 350... 2021.12.11.
Hungary Budget Deficit Grows by HUF 1,000 Billion in a Month Hungary's cash-flow-based budget deficit, excluding local councils, was 3,931.3 billion forints (EUR 10.7bn) at the end of November, the finance... 2021.12.10.
Richter, Hikma Sign Commercialisation and Licence Agreement for Denosumab in US Hungarian pharmaceutical company Gedeon Richter on Thursday said it entered into an exclusive licence agreement with UK-headquartered Hikma Pharmaceuticals to... 2021.12.10.
Balaton Shipping Company to Pay Employees HUF 150,000 for Vaccination The Balaton Shipping Company (Bahart) decided to pay HUF 150,000 (EUR 410) to those employees who take the coronavirus vaccination... 2021.12.09.
Central Bank Chief: Gov’t Should Not Buy Back Budapest Airport Bad timing, inflated price, new trends emerging in the world economy, and a need to reduce Budapest's overhead within Hungary,... 2021.12.09.