Hungary Trade Balance Shows Deficit for Sixth Month in a Row Hungary's trade balance showed a deficit for the sixth month in a row in December, a second reading of data... 2022.03.03.
Retail Sales Growth Slows to 4.5% in January Retail sales in Hungary rose by an annual 4.5 percent in January, slowing from 6.7 percent in the previous month,... 2022.03.03.
Hungarian Economy Expands 7.1% in 2021, KSH Confirms Hungary's GDP grew by an annual 7.1 percent in the fourth quarter, bringing full-year growth to 7.1 percent, too, the... 2022.03.03.
Despite Central Bank’s Promise of Intervention, Hungary’s Forint Continues Nose-Dive After Hungary's currency plunged to a record low against the euro on Monday, and then Tuesday, the freefall of the... 2022.03.02.
Central Bank Withdraws Sberbank Hungary Licence, Orders Lender Wound Up The National Bank of Hungary (NBH) has said it withdrew the lending licence of Russian-owned Sberbank Hungary because of its... 2022.03.02.
Central Bank Will Intervene to Ensure Stability of Financial Markets “if Necessary” The National Bank of Hungary (NBH) will use all elements of its toolkit to intervene to ensure the stability of... 2022.03.02.
Wizz Air Offers 100,000 Free Tickets to Ukrainian Refugees Low-fare Hungarian carrier Wizz Air is offering Ukrainian refugees 100,000 free seats on flights in continental Europe departing from Hungary,... 2022.03.02.
Airbnb and Other Hungarian Hostels Help Refugees from Ukraine Not only Airbnb, but also Hungarian accommodation providers and even private individuals have responded to the Ukrainian refugee wave. Airbnb... 2022.03.02.
Ukrainian War: Hungary Gas Supplies Uninterrupted Gas supplies to Hungary are uninterrupted, with cross-border pipelines forwarding the usual quantities in both directions, national energy and utility... 2022.03.01.
Gov’t Caps Petrol and Diesel Price for Wholesalers The government is capping the wholesale price of petrol and diesel at 480 forints (EUR 1.3) a liter as of... 2022.03.01.
Forint Value Plummets After Russia Invades Ukraine On Tuesday, the forint reached a historic low of HUF 379.70 to the Euro. The Hungarian forint already reached a... 2022.03.01.
Central Bank Caps Client Withdrawals at Sberbank Hungary The National Bank of Hungary (NBH) on Tuesday said it is limiting the amount of repayable funds by Sberbank Magyarorszag... 2022.03.01.
Russian Sberbank’s Local Unit Holds Bank Holiday amid Fear of Bankruptcy The European Central Bank (ECB) has assessed that the European subsidiary of Russia's state-owned Sberbank is facing bankruptcy. Sberbank Europe... 2022.02.28.
Ukraine Crisis: Wizz Air Suspends Russia Flights Hungary's Wizz Air has temporarily suspended flights to and from Russia because airspace over Ukraine and Moldova has been closed,... 2022.02.27.
Hungary Jobless Rate 4.2% in January Hungary's jobless rate was 4.2 percent in January, falling from 5 percent the same month in the previous year but... 2022.02.25.
MVM to Acquire E.ON Regulated Market Electricity Distributor State-owned energy company MVM on Thursday announced an agreement to acquire 100 percent of E.ON Áramszolgáltató, German-owned E.ON's local electricity... 2022.02.25.
Capped Fuel Prices: Gov’t to Help Small Petrol Stations Battle Losses The government, "knowing and understanding the situation of small petrol retailers," has taken six measures to help them, László György,... 2022.02.25.
Wizz Air Suspends Ukraine Flights Hungarian-owned low-cost airline Wizz Air is suspending its flights to and from Ukraine, the company said on Thursday. "In view... 2022.02.24.
Forint Weakening Led to Drastic Price Increase on Hungarian Car Market The weakening of the Hungarian forint (HUF) has led to unprecedented price increases on the Hungarian car market, even by... 2022.02.24.
Food Price Cap: 1,000,000 Forint Fine for 10 Forint Overpricing According to a statement by the Ministry of Innovation and Technology, there are rarely problems in Hungary with the observance... 2022.02.24.
Hungary Wage Growth Slows to 9.7% in December Annual wage growth in Hungary slowed to 9.7 percent in December from 10.1 percent in the previous month, the Central... 2022.02.23.
