Hungary Could Face Third Excessive Deficit Procedure in Ten Years The European Commission has decided that an excessive deficit procedure is warranted for Hungary and six other EU member states,... 2024.07.11.
First Quarter 2024 Deficit-to-GDP Ratio Stands at 5.4 Percent According to preliminary data released by the Hungarian Central Statistical Office (KSH) on Tuesday, the government sector recorded a deficit... 2024.07.02.
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.
European Commission Urges an Excessive Deficit Procedure against Hungary Hungary and six other EU countries (Belgium, France, Italy, Malta, Poland, and Slovakia) could soon be subject to an excessive... 2024.06.20.
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.
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.
Outgoing President of the Fiscal Council Describes 2023 as a Weak Year Adjusting this year's deficit target to 5.2 percent was inevitable, and it is possible that the budget deficit will end... 2023.12.28.
Current Account Surplus Strengthens the Forint Exchange Rate The surplus of the goods balance increased in September compared with August, the surplus of the services balance remained around... 2023.11.16.
Fitch Ratings Forecasts Stable Economic Growth in Hungary Next Year Fitch projects that the Hungarian economy will grow steadily from next year, expecting it to help reduce the public debt... 2023.10.09.
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.
1.5 Percent Economic Growth Expected This Year The government expects the Hungarian economy to grow by 1.5 percent this year, Finance Minister Mihály Varga said during a... 2023.03.03.
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.
OECD Improves Growth Forecast for Hungarian Economy The Organization for Economic Co-operation and Development (OECD) raised Hungary's economic growth forecast for this year to 6.0 percent from... 2022.11.23.
Rise in Current Account Deficit Throws Down the Gauntlet to Hungarian Economists After a drop in May, the Hungarian national monthly current account deficit increased to EUR 806 million in June, to... 2022.08.16.
FinMin: Economy Still on Growth Path, With Deficit, Debt Shrinking The next four years are likely to see high growth coupled with a gradual tapering in public debt and budget... 2022.04.30.
Hungary Posts EUR 794 Million Deficit in February Hungary's current account had a 794 million euro deficit in February, widening from a 763 million euro gap in the... 2022.04.14.
Hungary ESA Government Deficit Ratio 6.8% in 2021 Hungary's government sector had a 3,736 billion forint deficit in 2021, equivalent to 6.8 percent of GDP, calculating with the... 2022.04.01.
Central Bank Books Loss for First Time under Matolcsy The National Bank of Hungary (MNB) has closed 2021 with negative financial results for the first time since incumbent governor... 2022.02.02.
Govt Sector Deficit Reaches 6.1% of GDP in First Quarter Hungary's government sector ran a 788 billion forint (EUR 2.24bn) deficit in the first quarter, equivalent to 6.1 percent of... 2021.07.01.
