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.
