Gov’t Planning Large Deficit for 2022 Election Year Faces Criticism The government submitted the 2022 budget draft on Tuesday with the plan to reduce the budget deficit to 5.9% of... 2021.05.05.
Kopint-Tárki Raises GDP Forecast to 4.5% in 2021 Economic research institute Kopint-Tárki on Wednesday raised its forecast for Hungary's economic growth in 2021 to 4.5 percent from its... 2021.04.07.
Central Bank Head Matolcsy: Hungary Should Follow Estonia’s Example The head of the National Bank of Hungary, György Matolcsy, recently criticized the government's approach towards economic policy, claiming that... 2021.02.23.
Finance Minister Projects 4-5% Economic Growth in 2021 The government projects 4-5 percent economic growth in 2021 thanks to support to be paid for economic recovery this year,... 2021.02.08.
Szijjártó: Robust Incentive Package Hungary’s Response to Economic Crisis Caused by Pandemic In response to the global economic crisis caused by the coronavirus pandemic, Hungary has introduced the strongest package of incentives... 2021.02.04.
PM Advisor: Hungary Could Become Forerunner in Region Hungary's economy could grow by up to 6 percent this year and expand by even 6 to 7 percent in... 2021.01.20.
Hungarian Economy Bounces Back in Third Quarter The Hungarian economy did better than expected in Q3, bouncing back 11.4% compared to the previous quarter. In the first... 2020.12.02.
Finance Minister: German Firms See 2021 as Hungary’s Strong Growth Year German firms operating in Hungary forecast 2021 as a strong year of economic growth for the country, Mihály Varga, the... 2020.11.20.
IMF Significantly Downgrades Growth Prediction for Hungary The International Monetary Fund now projects that Hungary's economy will contract by 6.1% this year, while it forecasts 3.9% growth... 2020.10.14.
Matolcsy: Hungary Could Reach EU’s Average Level of Economic Development by 2030 Given a sufficiently rapid turnaround, by 2030, Hungary could reach the average level of economic development in the European Union... 2020.10.13.
Moody’s Affirms Hungary Baa3 Ratings, Changes Outlook to Positive Moody's Investors Service affirmed Hungary's Baa3 sovereign ratings and changed the outlook on the ratings to positive from stable at... 2020.09.26.
Finance Minister: Coronavirus Operative Board for Protecting Economy Established Managing the coronavirus crisis has cost Hungary 1,400 billion forints (EUR 4.04bn) so far, Finance Minister Mihály Varga said in... 2020.06.20.
Finance Minister Projects Healthy Growth in 2021 The government expects healthy economic growth of 4.8% next year and moderate inflation of 3%, Finance Minister Mihály Varga told... 2020.06.10.
Hungary’s Economy Engine Automotive Industry to Pull the Brakes? In recent years, Hungary has achieved strong economic growth. However, according to the latest statistics, there is a significant downturn... 2020.02.07.
Orbán: Turkey Releasing Migrants to Syria in Hungary’s Interest It is in Hungary's interest that Turkey releases migrants towards Syria rather than in the direction of Europe, Prime Minister... 2019.10.25.
Official IMF Staff Finds Hungary’s Economic Growth to ‘Exceed Expectations’ A Concluding Statement describing the preliminary findings of IMF after an official staff visit finds that Hungary’s economic growth rate... 2019.10.16.
New Retail Bond Already Sold in 1500 Billion Forints Worth Hungarian citizens have already subscribed HUF 1,510.5 billion worth bond from the Hungarian Government Securities Plus (MÁP +) between the... 2019.08.08.
Industrial Output Climbs 8.7 pc in May Industrial output in Hungary rose by an annual 8.7 percent in May according to unadjusted data, the Central Statistical Office... 2019.07.05.
Hungary’s New ‘Super Bond’ Remains Extremely Popular After its strong launch, the new governement bond called the Hungarian Government Security Plus (MÁP Plusz), remains extremely popular, economic news... 2019.06.25.
Astounding Demand for Hungary’s New ‘Super Bond’ Hungary’s newest retail government bond, the Hungarian Government Security Plus (MÁP Plusz), is immensely popular: more than HUF 500 billion... 2019.06.12.
Szijjártó: More than 300,000 Jobs Created by German Companies in Hungary German companies have created over 300,000 jobs in Hungary, Péter Szijjártó, the foreign affairs and trade minister, said during a... 2019.06.12.
