V4-Macron Meeting: Agreement on Need to Protect EU’s External Borders The Visegrad Group (V4) leaders held "exhaustive talks" with French President Emmanuel Macron, Prime Minister Viktor Orbán said after the... 2021.12.14.
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.
Press Roundup: Dispute Over Hungary’s Economic Outlook A left-wing commentator fears that the government’s spending policies will further fuel already rampant inflation. A pro-government analyst quotes two... 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.
OECD Forecasts Hungary’s Growth Slowing to 5 % in 2022 The OECD projects Hungary's economic growth slowing to 5 percent in 2022 from 6.9 pc this year. Also, inflation would... 2021.12.01.
Finance Minister on High Inflation: Fiscal Policy’s Effect “Only Mild” Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild... 2021.11.23.
Hungary’s October Budget Deficit Hits New Record High Hungary’s cash-flow deficit reached HUF 630 billion in October 2021, which is the highest monthly deficit on record in October. The... 2021.11.19.
Central Bank Head Urges Rethink on Deficit Spending to Restore Balance The way in which Hungary narrows the gap with more advanced economies requires a rethink so that not only is... 2021.11.15.
Press Roundup: Weeklies on the Possible Outcome of Next Year’s Parliamentary Elections Weekly newspapers and magazines study the prospects of opposition parties in the Hungarian parliamentary elections due in just under six... 2021.11.08.
Finance Minister Projects 7% GDP Growth for 2021 Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in... 2021.10.19.
Minister Varga: EU Finance Ministers Agree Supportive Fiscal Policy Still Needed European Union finance ministers agree that supportive fiscal policy is still necessary for the economic recovery, Finance Minister Mihály Varga... 2021.09.11.
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.
Hungary Budget Deficit at 45% of Increased Annual Plan Hungary's cash flow-based general government deficit, excluding local councils, reached 1,803.7 billion forints (EUR 5.09bn) at the end of July,... 2021.08.10.
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.
