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.
Budget Deficit Edges up to HUF 2,270 Bn at End-September Hungary's budget deficit, excluding local councils, reached 2,270.3 billion forints (EUR 6.5bn) at the end of September, edging up 9... 2020.10.08.
Budget Deficit HUF 2,261 bn at End-August, FinMin Confirms Hungary's budget deficit, excluding local councils, was 2,261.3 billion forints at the end of August, widened by spending related to... 2020.09.23.
Budget Shortfall HUF 2,261 Bn at End-August Hungary's budget deficit, excluding local councils, came to 2,261.3 billion forints (EUR 6.3 billion) at the end of August, widened... 2020.09.09.
Hungarian Tennis Association to Receive Billions from Gov’t after Financial Difficulties It has been public knowledge for a while now that the Hungarian Tennis Association is facing serious financial difficulties, and... 2020.08.31.
Hungarian Press Roundup: Ruminations 10 Days after the EU Summit Ten days after the next seven-year budget and the coronavirus recovery fund were adopted by heads of state and government,... 2020.07.31.
Authorities to Find Cause of Hungarian Tennis Association’s Enormous Deficit The Hungarian Tennis Association (MTSZ) elected their new president, Fidesz MP and former PMO Head János Lázár on Monday. The... 2020.07.29.
