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.
Fidesz MEPs: Hungary’s EU Funds Must Not Be Given to Others Hungary must receive a budgetary and legal guarantee that the EU funds earmarked for it, be it the Erasmus and... 2023.08.31.
Falling Government Deficit and Rising GDP for the Economy in 2024 The government expects most of the country's economic indicators to be favorable next year, and the cabinet has based the... 2023.08.03.
More Money for Family Benefits in Next Year’s Budget The government considers the protection of families with children to be of paramount importance, which is why it will provide... 2023.07.10.
Government Stands Firm against EU’s Proposal to Cut Benefits for Families Gergely Gulyás, the Minister heading the Prime Minister's Office The government will set up a "Public Expenditure Review Task Force"... 2023.07.06.
Viktor Orbán to Brussels: Where Is the Money? On Thursday and Friday, Prime Minister Viktor Orbán attends a summit of EU leaders in Brussels, where the issues to... 2023.06.30.
EU Budget Proposal Disadvantages Hungary, Warns State Secretary The suggestions contained in the EU's budget proposal are frivolous and would put Hungary in an even more disadvantageous position... 2023.06.29.
Next Year’s Budget Will Finally Dedicate 2% of GDP for Defense The Government has adopted an economic protection action plan: there will be a price cap on electricity in some sectors... 2023.06.19.
“The European Commission Has No Say” in Matters of Domestic Utility Price Caps Finance Minister Mihály Varga (L) and Gergely Gulyás, Minister of the Prime Minister's Office. The Minister of Finance called the... 2023.05.25.
Finance Minister Accuses Budapest Mayor of Squandering Capital’s Resources Mayor of Budapest Gergely Karácsony The Mayor of Budapest, Gergely Karácsony, recently mentioned at an extraordinary press conference that the... 2023.04.21.
European Union Is Interfering in Economic Competition, Claims Finance Minister EU Commissioner Vera Jourová has been at the center of the political attacks against the Hungarian government recently and is... 2023.02.27.
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.
