Hungary Moves Up in the Ranking of Richest Countries Last year, net financial assets per capita were EUR 18,060, putting Hungary in 30th place among the richest countries, the... 2023.09.27.
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.
Economic Growth to Return in Second Half of the Year The Hungarian economy may return to growth in the second half of the year, Finance Minister Mihály Varga said at... 2023.09.27.
Positive Rating from Moody’s Confirms a Stable Outlook Despite the war and sanctions, Moody's continues to recommend Hungary for investment. In its latest report, the international rating agency... 2023.09.04.
Positive Economic Prospects on the Horizon Restarting economic growth will be a major challenge for the coming year, according to Prime Minister Orbán. Hungary has been... 2023.08.31.
14 Targeted Measures to Help the Economy Grow GDP in Hungary contracted by 2.4 percent on an annual basis in the second quarter, while there was a slight... 2023.08.17.
Agriculture Can Be the Savior of Economy Although last year's high base caused GDP to fall on an annual basis, on a quarterly basis it is now... 2023.08.15.
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.
Japanese Automotive Giant to Make a Significant Investment The Hungarian state is providing HUF 1.9 billion (EUR 4.88 million) in support for Suzuki's new investment in Esztergom (northern... 2023.07.27.
The Market Should Determine the Exchange Rate The most important task for Hungary is to bring inflation down to single digits, restore economic growth, and put it... 2023.07.26.
Economy to Return to Growth This Year, Says Finance Minister Although the outlook for Europe is not favorable at the moment due to the prolonged war and sanctions, the Hungarian... 2023.07.21.
Fitch Affirms Its Investment Grade Rating on Hungary Fitch Ratings has affirmed Hungary's long-term foreign-currency issuer default rating. The international rating agency said it expects the Hungarian economy to... 2023.06.26.
Positive Forecasts for the Hungarian Economy The European Commission expects Hungarian inflation to fall to 4 percent next year, and the European Bank for Reconstruction and... 2023.05.16.
Economy Will Avoid Recession This Year According to Ministry of Finance Report The Hungarian economy will avoid a recession even in the dangerous international environment, and its performance could increase by 1.5... 2023.05.03.
Think Tank Expects Growth to Accelerate to 3.4 Percent Next Year The economy of Hungary is expected to expand by 0.6 percent this year and by 3.4 percent next year, following... 2023.03.23.
Hungarian Banking System Is Strong, Says Finance Minister The Finance Minister spoke in Cluj-Napoca (Kolozsvár, Romania) on the state and future of the Hungarian economy and banking system.... 2023.03.16.
United States Draining the EU’s Business Potential, Says Expert "The trade war between the European Union and the United States has reached a new level. Joe Biden has said... 2023.03.08.
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.
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.
Despite Inflation, Real Wages Increased in 2022 According to data from the Central Statistics Office, the average gross salary in Hungary was HUF 515,800 (EUR 1,355) in... 2023.02.24.
Government Manages to Decrease Public Debt in Times of Financial Stress According to the latest data from the Central Bank of Hungary (Magyar Nemzeti Bank, MNB), the ratio of public debt... 2023.02.21.
