Following Central Bank’s Base Rate Hike Forint Firms to Two-Month High In an attempt to curb inflation, the National Bank of Hungary (NBH) once again decided to raise its base rate... 2021.08.25.
Hungary Central Bank Raises Base Rate to 1.50% Hungarian rate-setters raised the central bank's base rate by 30 basis points to 1.50 percent at a scheduled meeting on... 2021.08.24.
Párbeszéd Projects 15-20 % Price Increase for Bread Opposition Párbeszéd projects a 15-20 percent increase in the price of bread resulting from a drastic rise in flour prices,... 2021.08.23.
Press Roundup: GDP Growth Exceeds Expectations A pro-government commentator believes that Hungary’s 17.9 per cent growth rate vindicates the government’s economic policy. The leading online business... 2021.08.19.
Central Bank Head: Hungary Needs Competitiveness Turnaround Hungary is a laggard in competitiveness, and the country will continue to bear the high costs unless it improves on... 2021.08.17.
Economists Criticize Audit Office Head’s Suggestion of Scrapping PIT In an interview, the President of the State Audit Office of Hungary (ÁSZ), suggested that personal income taxes should be... 2021.08.13.
Hungary Inflation Eases to 4.6 % in July Hungarian inflation was an annual 4.6 percent in July, after 5.3 percent in June, the Central Statistical Office (KSH) said... 2021.08.10.
Press Roundup: Matolcsy Cautions Against Rushed Introduction of Euro A left-wing commentator disagrees with the National Bank governor, who does not consider as timely the adoption of the common... 2021.08.06.
Finance Minister: Hungary’s High Inflation Rate ‘Temporary’ Hungary's current high level of inflation is temporary and, as long as the central bank makes full use of the... 2021.08.03.
OECD: Hungary Showing Signs of Strong Growth Speaking at an online press conference presenting the Economic Survey of Hungary 2021, Alvaro Pereira, the OECD's director of country... 2021.07.31.
Hungary Wages Up 8.2 % in May, says Central Statistical Office Average wages in Hungary grew by an annual 8.2 percent in May, the Central Statistical Office (KSH) said on Friday.... 2021.07.30.
Central Bank Once Again Raises Base Rate to Deter Highest EU Inflation from Further Increase The Monetary Council of the National Bank of Hungary (NBH) decided for the second time in just over a month... 2021.07.28.
Hungary Unemployment Rate 4% in June, Employment at Historic High Hungary's jobless rate was 4 percent in June, up from 3.9 percent in the previous month, the Central Statistical Office... 2021.07.28.
Socialists Demand Pension Supplement for Chronically Poor The head of parliament's welfare committee on Wednesday called for the introduction of a pension supplement, drawing on social funds,... 2021.07.28.
Central Bank Head: Govt’s Economic Recovery Strategy Over-reliant on ‘Steel and Concrete’ Hungary's sustainable convergence with more developed economies could be inhibited if the government continues to rely on the construction sector... 2021.07.27.
DK Vows to Lead Hungary into Euro Zone The Democratic Coalition will lead Hungary into the euro zone if it is victorious in next year's general election, Balázs... 2021.07.26.
Párbeszéd: Government at Root of Weak Forint, High Inflation The Hungarian government and central bank governor György Matolcsy have failed to improve the competitiveness of Hungarian companies and have... 2021.07.25.
Stimulus Lifts Budget Deficit to HUF 1,704.5 Bn in June, Ministry Says Hungary's cash flow-based budget deficit, excluding local councils, reached 1,704.5 billion forints (EUR 4.8bn) at the end of June, widening... 2021.07.24.
Justice Minister Calls for Strong Europe Based on Strong Nations Hungary along with several other European Union member states supports the idea of a strong Europe of strong nations, Justice... 2021.07.23.
“Compounded Case of Political Pedophilia” – Opposition Slams Govt’s Newly Announced Referendum Prime Minister Viktor Orbán announced on Wednesday that in response to the attacks from Brussels, the government will initiate a... 2021.07.21.
Finance Minister: Brussels ‘Could Not Thwart’ Hungarian Economy Brussels "could not thwart the Hungarian economy even if it wanted to", Finance Minister Mihály Varga said in an interview... 2021.07.12.
