Regional Stock Exchanges Unite with EBRD to Boost Capital Markets Seven Central European stock exchanges and the European Bank for Reconstruction and Development (EBRD) have signed an agreement in Bratislava... 2024.11.19.
2025 Budget: Focus on Economic Growth and Fiscal Discipline Finance Minister Mihály Varga (L) hands over the 2025 draft budget to János Latorcai, Vice President of the National Assembly.... 2024.11.12.
Economy Is on the Road to Consolidation, Says Finance Minister The Hungarian economy is on the road to consolidation and economic growth, said the Finance Minister at Wednesday's meeting of... 2024.10.10.
Cofidis Credit Provider Acquires Hungarian Cetelem Bank The financial services provider Cofidis Group announced the successful completion of the acquisition of Magyar Cetelem Bank, the Hungarian subsidiary... 2024.10.01.
National Bank Increases Gold Reserves to a Record High In view of Hungary's long-term national and economic strategic goals, the Hungarian National Bank (MNB) decided to increase its gold... 2024.10.01.
Finance Minister Holds Talks with Head of Leading Chinese Bank Continuing the work of the past decade, we will further strengthen Hungary's financial role in the Central and Eastern European... 2024.09.25.
Domestic Interest Rates to Fall in Line with US and European Central Bank Trends The Hungarian National Bank (MNB) may follow the US and European central banks in cutting interest rates after the summer... 2024.09.18.
Domestic Household Wealth Reaches a New Record High The stock of financial assets held by Hungarian households rose to an unprecedented level in the first quarter of the... 2024.05.22.
Hungarian Budget Closes September with a Surplus The protracted war between Russia and Ukraine and the sanctions policy in Brussels have led to an unfavorable global economic... 2023.10.10.
The Central Bank Aims for a Sustainable Reduction in Inflation According to the Hungarian Central Bank, it is in the interest of the national economy to achieve a sustained reduction... 2023.10.04.
Targeted Measures Lead to a Significant Increase for Government Bonds The more than 7,000 billion forints (EUR 18.2 billion) of uncommitted funds in household accounts could represent a huge revenue... 2023.08.24.
Number of Employees Rapidly Increasing in Fintech Sector The growth of the fintech sector is unbroken: in 2021, there were 175 such active companies operating in Hungary. Digitalization... 2023.08.10.
Hungarian Expert Appointed to European Banking Authority Board of Supervisors The European Banking Authority has elected Csaba Kandrács, Deputy Governor of the Central Bank of Hungary, as a new member... 2023.08.01.
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.
American Economist Appointed to EU Resigns After Political Backlash Fiona Scott Morton of the US was recently appointed as the European Commission's chief competition economist. Petra Halkó, senior analyst... 2023.07.19.
Credit Cards Are Popular, but Many Are Unaware of Their Advantages In Hungary, more than a quarter of the adult population already has a credit card, and another four percent plan... 2023.06.16.
Happy Borrowers: Further Interest-Rate Cuts on the Horizon After the Hungarian Central Bank cut its one-day deposit rate by 100 basis points (1%) to 17% in May, it... 2023.06.13.
Survey Shows Men Have Higher Financial Awareness Than Women The results of a non-representative survey by insurance company Allianz show that half of the Hungarian population consider themselves confident... 2023.05.04.
Japanese Credit Rating Agency Recommends Hungary for Investment Despite the dangerous international environment, Japan's R&I credit rating agency has affirmed Hungary's BBB+ rating, the Finance Minister announced on... 2023.05.02.
Hungary Withdraws from International Investment Bank Hungary is withdrawing from the International Investment Bank (IIB), the Ministry of Economic Development announced in a statement on Thursday. In... 2023.04.14.
Mergers and Acquisitions Market Expands to 10-year High in 2022 2022 was the most active corporate transaction period of the past 12 years in Hungary in terms of number and... 2023.04.04.
