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.
DK Slams Gov’t for ‘Indebting’ Country The opposition Democratic Coalition has called on the government not to drive the country to indebtedness through a planned forex... 2020.04.24.
Coronavirus – MSZP Demands Gov’t Call Off Bailiffs and Stop Foreclosures The opposition MSZP (Socialist Party) has called on the government to do everything possible to ensure that households stay above... 2020.04.17.
Coronavirus: Loan Repayments May Not Rise after Moratorium, says Hungary Central Bank The National Bank of Hungary (NBH) on Monday said lenders may not raise borrowers' installments after a moratorium on repayments... 2020.03.23.
Hungarian Press Roundup: Gov’t Announces Loan Repayment Moratorium A pro-government commentator welcomes the government’s plan to help Hungarian families and businesses survive the financial problems the coronavirus pandemic... 2020.03.20.
Coronavirus & Suspended Loan Payments: Banks Prepared to Work Together with Gov’t Finance Minister Mihály Varga met representatives of the Hungarian Banking Association on Thursday to discuss a government decree on suspending... 2020.03.19.
Coronavirus – Orbán: Gov’t Suspends Debt Service for Businesses, Individuals The government has decided to suspend until the end of the year the capital and interest rate payment obligations of... 2020.03.18.
MNB Calls on Banks to Introduce Moratorium on Household Loan Repayments Hungary’s central bank (MNB) has called on Hungarian banks to introduce a moratorium on household loan repayments considering the “extraordinary... 2020.03.18.
Coronavirus: DK Proposes Measures for Handling Economic Fallout The opposition Democratic Coalition (DK) has prepared a package of proposals for measures to help companies and individuals financially affected... 2020.03.17.
Coronavirus: Jobbik Announces Economic Action Plan The opposition Jobbik party has unveiled an economic action plan aimed at minimising the damage caused by the coronavirus epidemic.... 2020.03.16.
Coronavirus: Jobbik Drafts 5-point Action Plan to Curb Economic Impact of Virus Opposition Jobbik has prepared a 5-point action plan aiming to mitigate effects of the economic crisis triggered by the coronavirus... 2020.03.15.
Hungary, China to Speed up Loan Talks for Budapest-Belgrade Rail Line Upgrade Foreign Minister Péter Szijjártó reached an agreement with his Chinese counterpart Wang Yi on speeding up talks on conditions for... 2019.09.24.
