Parliament Says No to New EU Debt Parliament has adopted a political declaration rejecting the idea of joint borrowing by the European Union by 138 votes in... 2025.03.19.
Hungarian Company to Supply Gas to Moldovan Region Hungarian-backed MET will supply gas to Moldova's Transnistria region after Moldova refused EU assistance, Bloomberg reports. MET Gas and Energy... 2025.02.10.
Raphael’s Esterhazy Madonna: A Budapest Museum Treasure in London One of the most iconic works from Budapest’s Museum of Fine Arts, Raphael’s Esterhazy Madonna, has embarked on a rare... 2024.12.17.
Hungarian Development Bank Launches 0% Interest Loans for Digitalization The Hungarian Development Bank is launching two new 0% interest loan products under the EU co-financed Digital Renewal Operational Program... 2024.12.06.
Retail Credit Market Surges to New Highs with Record Personal Loan Demand Demand on the retail credit market remains very strong. While new personal loan originations broke the previous annual record in... 2024.12.05.
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.
Government Launches Multi-million Euro Tied Aid Loan Program in Chad An agreement has been signed between Hungary and Chad on a 200 million euro tied aid loan program, that will... 2024.09.24.
Traffic Soon to Start on the Serbian Section of the Budapest-Belgrade Railway Line Passenger traffic between Subotica (Szabadka) and Belgrade on the entire Serbian section of the Budapest-Belgrade railway line could start on... 2024.08.27.
Chinese Loan to Finance Long-awaited Modernization of Dunaújváros Steel Factory The first positive news in months comes from Liberty Steel, buying the assets of Dunaferr, a major player in Hungarian... 2024.08.05.
Hungarians Are Becoming more Financially Aware, Survey Finds The financial situation of Hungarians has improved compared to the previous year in several respects: the number of those who... 2024.07.24.
Budapest Airport Responds to the Fraud Investigation into Their Loan Budapest Airport has clarified all the issues raised during the audit conducted by the European Investment Bank (EIB), the company... 2024.03.04.
French Nationalists Moving Their Money from Czech-Russian Bank to Hungary National Rally's Jordan Bardella (L) and Marine Le Pen French National Rally party leader Jordan Bardella wants to liquidate the... 2023.07.05.
Experts Outline a Positive Outlook on Housing Loan Market In recent weeks, interest in home loans has increased, according to data from the Credit Institute, 10 percent more people... 2023.04.25.
Brussels Thinks They Can Spend Money Better than Elected Governments On Thursday, the government briefed the public on the latest political and economic developments during the Government Info meeting. Gergely Gulyás,... 2023.03.09.
Costs of Personal Loans Peaking Interest rates on personal loans rose steadily last year, with the average annual interest rate calculated by the Central Bank... 2023.03.02.
On the Way to Recovery as Interest Rates Begin to Decrease In February, several major banks started to cut their lending rates, with some having lowered interest rates on home and... 2023.02.03.
Home Renovations Could Gain on Popularity This Year This year could be the year of renovations in the real estate market due to soaring energy costs, but in... 2023.02.01.
Married Couples Spend Baby-expecting Loan Mainly on Buying Homes One of the leading banks in Hungary, K&H, has disbursed more than 225 billion forints (EUR 558 million) worth of... 2023.01.03.
Hungarians’ Appetite for Loans is On the Decline Hungarians took out significantly fewer loans in September than a year earlier. The biggest drop was in applications for home... 2022.11.04.
Hungarian Real Estate Prices Rose the Steepest in the EU There are soaring real estate prices in Hungary, according to the data of the Central Statistics Office (KSH). In the... 2022.08.08.
Hungarians Took Out 40% More Mortgages Last Year Financial institutions granted more than a total of HUF 1,300 billion (EUR 3.65 bn) in housing loans in 2021, 40... 2022.01.19.
