Hungarian Public Debt Down More than Expected Public debt has fallen more than expected, and last year's deficit target has been met, Finance Minister Mihály Varga announced... 2023.01.04.
Public Debt Could Decrease Next Year The draft amendment to next year's budget has been approved by the Fiscal Council, but they also warn of risks,... 2022.12.28.
Hungarian Public Media Budget Cut by Billions Even though Hungarian public media often gets criticized for being pro-government, especially when Western media outlets try to explain the... 2022.10.25.
Parliament Passes 2023 Budget The Hungarian Parliament approved the 2023 central budget on Tuesday with 135 votes in favor and 54 against. In next... 2022.07.20.
What Is Known of the Government’s Budget Adjustment Package So Far Events have gathered pace recently around the government's fiscal adjustment program. On Saturday, the special tax regulations and the general... 2022.06.08.
Press Roundup: Inflation Higher, Growth Rate Lower than Expected Economists across the political spectrum investigate the causes and possible remedies of soaring inflation. Hungarian press roundup by budapost.eu Background information:... 2022.05.02.
Low Utility Tariffs May Cost HUF 2,000 Billion in 2022 Budget Amid the growing prices in the world market, the government's decision to artificially keep utility costs low may cost some... 2022.01.20.
Government Reserves Reach Alarming Low after Huge Year-end Spending Stocks of government deposits at the Central Bank fell significantly once again in December, with reserves dropping to just HUF... 2022.01.19.
Finance Minister: Credit Rating Agencies Upbeat on Hungary’s Economy Hungary ended 2021 with investment grade status from all three major credit rating agencies, Finance Minister Mihály Varga said on... 2022.01.03.
Public Debt Set to Decline, Finance Minister Says Mihály Varga, in an interview with pro-Fidesz daily Magyar Nemzet, said there is a high chance that Hungary's public debt... 2021.12.31.
Press Roundup: Government Makes 350 Billion Forint Budget Readjustment A left-wing columnist accuses the government of overspending ahead of the 2022 April election. A conservative economist, on the other... 2021.12.21.
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.
Budget Deficit at 7.5% of GDP in First Quarter The Hungarian budget's net financing requirement -- a good approximation for the budget deficit -- in the first quarter came... 2021.06.30.
Finmin: 2022 Budget Pinpoints Relaunching Economy The 2022 budget is devoted to relaunching Hungary's economy, Mihály Varga, the finance minister, said during a presentation of the... 2021.05.19.
LMP: Without EU Funds, Hungary Would Fall into Recession next Year Hungary's economy would fall into recession next year if it had no access to EU support, a senior opposition LMP... 2021.05.05.
Budget Shows January Surplus; Full-year Gap Expected at 6.5% of GDP Hungary's cash flow-based based budget, excluding local councils, had a 198.8 billion forint (EUR 556.8m) surplus at the end of... 2021.02.08.
Hungary Budget Deficit Swells to Around 9% of GDP in 2020 Hungary's cash flow-based budget deficit, excluding local councils, was 5,548.6 billion forints (EUR 15.5bn) at the end of 2020, the... 2021.01.22.
Fidesz: Karácsony Sapping Budapest’s Reserves Budapest Mayor Gergely Karácsony is sapping the capital of ten years of reserves in two years, the local chapter of... 2020.12.21.
Orbán: Hungary to Veto EU Budget, Recovery Fund Prime Minister Viktor Orbán said Hungary will veto the European Union's budget for the 2021-2027 financial cycle, and its recovery... 2020.11.16.
Socialist MEP: Fidesz MEPs to Vote against EP Position on EU Budget Fidesz MEPs were the only group in the European People's Party to reject voting in favour of the European Parliament's... 2020.11.16.
Karácsony: Govt would Be ‘Rejecting Helping Hand’ by Vetoing EU Budget The Hungarian government would be "rejecting a helping hand" in the middle of the coronavirus crisis if it vetoed the... 2020.11.11.