Payment Discipline in Hungary Has Decreased Payment discipline in Hungary has fallen back to the 2015 level, according to the research of EOS, a debt management... 2022.10.06.
End of Interest Rate Rise in Hungary, Other Tools on Way for Monetary Tightening On Tuesday, the Governor of the Hungarian National Bank announced that the bank's 16-month cycle of interest rate hikes, the... 2022.09.28.
Russian Buyers Disappearing from Hungarian Real Estate Market The bank accounts of many potential Russian buyers have been frozen, preventing them from accessing their savings; as a result,... 2022.09.23.
Hungary’s Wealthiest Person Is…a Taiwanese Man Frank Liu, a Taiwanese man, appears to be the wealthiest person in Hungary. The multi-billionaire had received his Hungarian citizenship... 2022.08.15.
Small Taxpayers with Families Stand to Gain from Family Tax Allowance Tax expert József Angyal told 24.hu that taxpayers with families who are excluded from the "KATA" (Itemized Tax for Small... 2022.08.03.
Intrum: After Upward Trend, Solvency of Hungarian Population Has Declined The value of the Intrum solvency index declined significantly in the second quarter of this year, with the indicator of... 2022.07.26.
Hungarian National Bank to Raise Base Rate Next Week, Forint Strengthened on Thursday The rapid convergence of the base rate and the one-week deposit rate will be on the agenda at the next... 2022.07.08.
London Analysts Expect Hungarian National Bank Base Rate to Peak above 10 Percent by Year’s End According to significantly revised forecasts by London-based financial analysts, the Hungarian National Bank (MNB) base rate is likely to peak... 2022.06.29.
Hungarian Bankholding Achieved a Profit of More than EUR 174 Million Last Year Hungarian Bankholding achieved a profit before tax of HUF 69.5 billion (EUR 174 million) last year, while its total comprehensive... 2022.06.28.
What Is Known of the Government’s Budget Adjustment Package So Far Events have gathered pace recently around the government's fiscal adjustment program. On Saturday, the special tax regulations and the general... 2022.06.08.
Here Are Last Year’s House Prices in Budapest and Across the Country In addition to the numerous and deepening risks identified at the beginning of the year, there is a chance that... 2022.06.08.
Forint Plunges as PM Orbán Turns to Windfall Taxes against Banks, Large Companies The forint plunged sharply after Viktor Orbán's Wednesday announcement regarding the government's plan to introduce windfall taxes on banks and... 2022.05.26.
Incoming Minister Nagy: Price Cap Can Stay, Retailers Can Cover Costs from Extra Profits RTL asked Márton Nagy, future Minister for Economic Development, about the price caps in Hungary. As he said, they may... 2022.05.19.
Extension of Food and Fuel Price Caps Also Has a Price As we have previously reported, Prime Minister Viktor Orbán announced the extension of the food and fuel price cap on... 2022.04.28.
IMF Expects Best GDP Growth in Region for Hungary and Poland As recently as January, the International Monetary Fund (IMF) had assumed that the global economy would recover from the second... 2022.04.21.
Money Museum Opens in Budapest The Hungarian Money Museum (Magyar Pénzmúzeum) and Visitor Center of the Hungarian National Bank officially opened on March 15, the Museum's... 2022.03.17.
Hungarians’ Consumer Confidence Plummets Over War in Ukraine After three months of growth, the consumer confidence of Hungarians plummeted to 2021 levels this March, hvg.hu reports in accordance... 2022.03.17.
Forint Value Plummets After Russia Invades Ukraine On Tuesday, the forint reached a historic low of HUF 379.70 to the Euro. The Hungarian forint already reached a... 2022.03.01.
Government Reserves Reach Alarming Low after Huge Year-end Spending Stocks of government deposits at the Central Bank fell significantly once again in December, with reserves dropping to just HUF... 2022.01.19.
Finance Minister: Economic Cabinet Decides on HUF 750 BN of Tax Cuts The economic cabinet has decided on 750 billion forints (2.044 billion euros) of tax cuts, with payroll taxes to be... 2021.11.13.
The Financial Life of Hungary’s Gen Z: Online Shopping and Full-Time Jobs A large portion of young Hungarian adults work full-time jobs, donate to civil organizations, and prioritize their families and their... 2021.07.14.