Budapest Ordered to Revise 2025 Budget after Supreme Court Rules Against City The Budapest Metropolitan Government Office won a lawsuit against the capital because Budapest's budget did not include the EUR 220... 2025.05.22.
2026 Budget to Focus on Families and Pensioners The Minister for National Economy called the 2026 budget an "anti-war budget" during Wednesday's general debate in the National Assembly.... 2025.05.22.
Government Extends Profit Margin Freeze to Household Goods Gergely Gulyás, the Minister heading the Prime Minister's Office, and Eszter Vitályos, Government Spokeswoman, held a Government Info press briefing... 2025.05.08.
Berlin-based Credit Rating Agency Confirms Stable Outlook for Hungary Berlin-based Scope Ratings affirmed Hungary's "BBB" rating and the rating agency also confirmed its previous stable outlook. Hungary is thus... 2025.05.05.
Hungary to Participate in NATO’s Baltic Air Policing Tasks Hungary, as a loyal and reliable ally, is making a major contribution to the development of NATO's defense capabilities, which... 2025.02.04.
Defense Spending to Guarantee Robust Military Development The Hungarian government will spend HUF 1,752.3 billion (EUR 4.2 billion) on defense in the 2025 budget. As a result,... 2025.01.14.
2025 to Be the Year of Investments Finance Minister Mihály Varga gave an interview to Kossuth Radio on Sunday, presenting the state's 2025 budget. He said that... 2024.11.18.
Adoption of the 2025 EU Budget a Success for the Hungarian Presidency Péter Benő Banai, Secretary of State for Public Finance of the Ministry of Finance, Victor Negrescu, Chief Negotiator on the... 2024.11.18.
Surplus in Healthcare Budget to Drive Hospital Development in 2025 The budget foresees a surplus of HUF 330 billion (EUR 811 million) in the health sector, meaning that a total... 2024.11.15.
The Budapest Declaration on Competitiveness Could Be a Turning Point The year, as a whole, shows that a new economic policy is needed; a policy of economic neutrality will eliminate... 2024.11.14.
2025 Budget: Focus on Economic Growth and Fiscal Discipline Finance Minister Mihály Varga (L) hands over the 2025 draft budget to János Latorcai, Vice President of the National Assembly.... 2024.11.12.
Neutrality Policy Aims to Eliminate Constraints on Domestic Economic Growth The Cabinet met on Wednesday morning to discuss the 2025 budget plan, and at an unusual time that day convened... 2024.10.31.
Government Plans 2025 Budget with Improving Prospects The 2025 budget is planned with an improving outlook, with the government expecting GDP to rise by 3.4 percent, consumption... 2024.10.17.
Economy Rebounds with Budget Surplus in May The building of the Ministry of Finance The Hungarian economy has returned to growth, with the budget supporting pensions, family... 2024.06.25.
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.
Hungarians Are Spending 80% More on Holidays than Three Years Ago Amalfi Coast, Italy. Hungarians will spend an average of HUF 327,000 (1 EUR = 392 HUF) on holidays this year,... 2024.06.05.
IMF Slightly More Pessimistic about Economic Growth than the Government The International Monetary Fund (IMF) forecasts economic growth in Hungary of 2.2 percent, slightly lower than the Hungarian government's forecast... 2024.04.17.
Further Reductions in Deficit and Public Debt Announced In the challenging backdrop of war, energy sanctions, and a volatile global economic scenario, the Hungarian budget faced considerable strain... 2024.01.10.
Online Invoicing System Aligns with the Objective of Whitening the Economy One and a half million people have already registered for the NAV's (National Tax and Customs Administration) online invoicing system,... 2023.12.11.
Minister Confident of Reaching an Agreement on EU Funds This Week Minister for Regional Development Tibor Navracsics is confident that an agreement with the European Commission will be reached by the... 2023.10.18.
Rapid Improvement in the Economic Balance Indicates a Positive Outlook The current account balance improved significantly in the second quarter, Gergely Suppan, senior analyst at Magyar Bankholding, said in reaction... 2023.09.27.
