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.
Financial Borrowing of Hungarians in 2021 Nears Historic High 2021 is likely to become the strongest year in the history of Hungary’s retail credit market based on the official... 2022.01.10.
Press Roundup: Mortgage Interest Rates Capped The leading independent online business news outlet doubts that the government’s decision to freeze mortgage interest rates will help to... 2021.12.24.
Banking Association Does Not Support Mortgage Rate Freeze The Hungarian Banking Association on Thursday said it does not support a temporary government freeze of mortgage loan interest rates.... 2021.12.24.
Gov’t Borrows EUR 183 Million from Asian Infrastructure Investment Bank Hungary has concluded an agreement with the Asian Infrastructure Investment Bank (AIIB) on the provision of 183 million euros (HUF... 2021.10.06.
Some 170,000 Apply for Pre-natal Loans So far, some 170,000 couples have applied for interest-free, pre-natal loans under a government scheme aimed at assisting families, the... 2021.07.20.
Coronavirus: Govt to Expand Eligibility for HUF 10 m Interest-free Loan Hungary's government will expand eligibility for the 10 million forint (EUR 27,200) interest-free loan aimed at supporting the economic recovery... 2021.03.11.
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.
Family Minister Novák: Home Subsidies Key Element of Family Support Subsidies for home purchase and renovation are among the most important elements of the government's support for families, Katalin Novák,... 2020.12.21.
Coronavirus: European Investment Bank Supports Health-Care Sector with EUR 162.5 Million Loan The European Investment Bank (EIB) and the ministry of finance signed a 162.5 million euro loan granted to the National... 2020.12.05.
Gov’t Blocked Crucial Loan for Budapest Airport amid Coronavirus Traffic Downhill in Spring The Budapest Airport confirmed that the government prevented them from receiving a loan, applied for due to the drastic decrease... 2020.11.04.
Hungarian Press Roundup: Gov’t Extends Loan Repayment Moratorium A pro-government commentator praises the Prime Minister for his bold measures to mitigate the economic effects of the pandemic. The... 2020.09.21.
Government to Extend Loan Repayment Moratorium by Six Months The government will extend for another six months the moratorium on loan repayments introduced in the spring to ease the... 2020.09.19.
0% Interest Rate for Green House Construction? National Bank Chief Matolcsy Shares New Idea 0% interest rate for ten years but only for the construction of green, sustainable homes- this is the governor of the... 2020.09.16.
