Finance Ministry Now Forecasts 7-9% Budget Deficit for 2020 Hungary's budget is expected to post a shortfall of 7-9 percent of GDP in 2020, in view of the slower-than-expected... 2020.08.24.
Deputy Finance Min: Hungary Has Regained Financial Sovereignty Hungary has regained its financial sovereignty over the past ten years thanks in large part to the elimination of the... 2020.08.22.
Budget Deficit Reaches HUF 2,165 Billion at end-July Hungary's budget deficit, excluding local councils, reached 2,165 billion forints (EUR 6.3bn) at the end of July, widened by pandemic... 2020.08.07.
Hungary End-june Budget Shortfall HUF 1,837 Bn Hungary's budget deficit, excluding local councils, was 1,837 billion forints (EUR 5.24m) at the end of June, the Finance Ministry... 2020.07.22.
All Shops Must Offer Cashless Payments from January All shops in Hungary must offer cashless payments from January 1, a government official noted in Wednesday's issue of Magyar... 2020.07.08.
All Companies Accounts Can Be Seen by Tax Office From Now On The government has expanded its online tax accounting system, heralding a new era in tax returns and efforts to whiten... 2020.07.01.
Finance Minister: Hungary Committed to Healthcare Cooperation with Belt and Road Countries Hungary will do everything required of it to strengthen cooperation between its own health-care system and those of the other... 2020.06.19.
Hungary Maintains Position in IMD Competitiveness Rankings Hungary is still internationally competitive in spite of the pandemic, the finance ministry said, citing the Swiss IMD Competitiveness Rankings... 2020.06.17.
Finance Minister: Intl Investors Back Govt’s Green Programme By being among the first European Union member states to issue a "green" government bond, Hungary has sent a clear... 2020.06.03.
Gov’t Targets Economic Growth of 4.8% in 2021 The government's 2021 budget bill targets annual economic growth of 4.8 percent, Finance Minister Mihály Varga said, presenting the bill... 2020.05.26.
Number of Registered Jobseekers in Hungary Increases by 27% in April The number of registered jobseekers in Hungary rose by an annual 69,000, or 26.5 percent, to 330,700 in April, data... 2020.05.21.
Coronavirus: Hungary Q1 GDP Growth Slows to 2.2 % Hungary's GDP grew by an annual 2.2 percent in the first quarter, the Central Statistical Office (KSH) said in a... 2020.05.15.
Coronavirus: First Tenders for Rechannelled EU Funding Called The first tenders for European Union funding earmarked for economic development that has been rechannelled to measures that aim to... 2020.05.14.
Budget Deficit HUF 727 Billion at end-April Hungary's cash-flow-based budget, excluding local councils, posted a four-month deficit of 727.4 billion forints at the end of April, having... 2020.05.08.
New GDP Predictions for Pandemic-Hit Hungary After an exceptionally convincing GDP growth last year, Hungary’s economic output, due to the coronavirus pandemic, has started nosediving. Opinions... 2020.05.07.
Coronavirus: Govt Earmarks over HUF 400 bn for Epidemic Response, says Minister Hungary's government has earmarked over 420 billion forints (EUR 1.2bn) in development funding for its economy protection scheme aimed at... 2020.05.06.
Coronavirus: Finance Ministry Sees 3 pc GDP Contraction in 2020 Hungary's finance ministry on Tuesday submitted an updated convergence programme to the European Commission that envisages a 3 percent GDP... 2020.05.06.
Coronavirus – FinMin Official: Suspension of Loan Repayments Helping Households, Businesses The option of suspending loan repayments is providing relief for many Hungarian households and businesses alike, but 40 percent of... 2020.05.01.
Coronavirus – Finance Min Official: Tax Cuts for Safeguarding Jobs, Restarting Economy The government is cutting taxes with a view to safeguarding jobs and restarting the economy, a finance ministry official said... 2020.04.25.
Hungary to Receive EU Transfers of HUF 100 Billion in Few Weeks, says Finance Minister Hungary expects the European Union to transfer 100 billion forints (EUR 285m) in funding for development projects in the next... 2020.04.22.
Coronavirus – Finance Ministry: Special Bank and Retail Tax to Add 91 Billion Forints to Anti-virus Funds Two government decrees levying extraordinary taxes on banks and on big retail businesses published on Tuesday are expected to raise... 2020.04.15.
