State Secy: EU RRF Credit ‘Not the Most Suitable’ for Achieving Natl Goals Hungary's government decided earlier that European Union credit available in the framework of the Recovery and Resilience Facility (RRF) didn't... 2021.05.17.
Budget Deficit HUF 1,144 Bn at End-March, Ministry Confirms Hungary's cash flow-based budget, excluding local councils, posted a shortfall of 1,144.1 billion forints (EUR 3.15 billion) at the end... 2021.04.23.
Hungary’s Green Bond Wins CBI Award Climate Bonds Initiative, a non-profit organisation appraising sustainable financial solutions, has awarded Hungary for its green bond, first issued last... 2021.04.22.
Finance Ministry Submits Budget Amendment to Parliament The finance ministry on Tuesday submitted to parliament the amendment to the 2021 budget on continued allocation of funds for... 2021.04.21.
FinMin Official: Hungary Among Europe’s Safest Countries for Online Payments Notwithstanding last year's 70,000 fraudulent bankcard transactions costing 1.3 billion forints (EUR 3.6m), Hungary is among Europe's safest countries for... 2021.04.19.
Budget Deficit EUR 3,2 Billion at End-March Hungary's cash flow-based budget, excluding local councils, was 1,144.1 billion forints (EUR 3.2bn) at the end of March, the Finance... 2021.04.09.
National Bank Raises 2021 GDP Forecast to 4-6% The National Bank of Hungary (MNB) expects Hungary's GDP to grow by 4-6 percent this year, forecasts from its latest... 2021.03.24.
Budget Deficit Close to HUF 540 Bn at End-Feb, Ministry Confirms Hungary's cash flow-based budget, excluding local councils, reached 539.7 billion forints (EUR 1.5bn) at the end of February, the Finance... 2021.03.23.
Ministry Rejects Socialist Claims Hungary May Lose EU Job Protection Funds The opposition Socialists are spreading "fake news" by suggesting that the government is not doing enough to access further funds... 2021.03.18.
Hungarian Armed Forces Get EUR 349 Million for Developments Norway is providing Hungary with 348.5 million euros of financing with a view to strengthening Hungary's combat defence capabilities through... 2021.03.17.
Finance Minister Inaugurates HQ of International Investment Bank The International Investment Bank's (IIB) decision to move its headquarters to Budapest is a boost to Hungary's financial position on... 2021.02.19.
Finance Minister: Hungary Self-Sufficient in Manufacturing Medical Masks Hungary has become self-sufficient in manufacturing medical-grade masks that protect against the coronavirus, Finance Minister Mihály Varga said at the... 2021.02.17.
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.
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.
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.
Finance Minister: Global Economic Downturn More Severe This Year than in 2008 The management of Hungary's public debt is stable and based on several pillars, Mihály Varga, the finance minister, said in... 2020.12.15.
Fin Min: Current EU Proposal on Global Minimum Tax Rate Would be Harmful to Hungary Hungary rejects any kind of international tax regime that would hinder fair tax competition, Finance Minister Mihály Varga said after... 2020.12.01.
Council of EU Approves EUR 504 Million Credit for Hungary The Council of the European Union has approved a 504 million euro credit for Hungary, within the framework of the... 2020.10.26.
Finance Ministry Rejects ‘Misleading’ Socialist Charges on Job Protection Loans The Socialists have spread "false and misleading" information concerning the government's job protection loan scheme, the finance ministry said on... 2020.10.12.
Coronavirus – Government to Introduce Further Economy Protection Measures Hungary's government will introduce further economy protection measures because the economy must be kept functional during the second wave of... 2020.09.19.
Finance Ministry: Gradual Turnaround Expected Next Year The government expects the economy to start recovering next year, with growth of above 4 percent and a budget deficit... 2020.08.25.
