November Deficit Drops to HUF 233.8B, Meeting 68% of Annual Target The government reported a deficit of HUF 233.8B (EUR 586M) in November, the lowest monthly figure in recent years, amounting... 2024.12.09.
European Investment Bank Plays “Key Role” in Improving EU Competitiveness EIB President Nadia Calviño (L) and Hungary's Finance Minister Mihály Varga Hungary supports the acceleration of the European Investment Bank's... 2024.12.05.
Viktor Orbán Announces New Central Bank President In his recent interview on Kossuth Radio, Prime Minister Viktor Orbán touched on several key topics, including the Romanian parliamentary... 2024.11.29.
Hungary Advances Tax Competitiveness with New Measures for 2025 Hungary's tax system is progressing towards greater competitiveness, with further reductions in the tax burden planned for 2025, Finance Minister... 2024.11.20.
2025 to Be the Year of Investments Finance Minister Mihály Varga gave an interview to Kossuth Radio on Sunday, presenting the state's 2025 budget. He said that... 2024.11.18.
2025 Budget: Focus on Economic Growth and Fiscal Discipline Finance Minister Mihály Varga (L) hands over the 2025 draft budget to János Latorcai, Vice President of the National Assembly.... 2024.11.12.
EU Moves Forward on Digital Taxation amid Hungarian Push for Competitiveness The digital taxation package was discussed at an EU meeting, Minister Mihály Varga said in Brussels. He called the compromise... 2024.11.06.
Europe’s Role in the Global Economy Clearly Diminished, Says Finance Minister in Brussels Mihály Varga (C), Hungarian Finance Minister, chairing the meeting, with Thomas Westphal, Head of the European Policy Department (R) and... 2024.11.05.
Government Plans 2025 Budget with Improving Prospects The 2025 budget is planned with an improving outlook, with the government expecting GDP to rise by 3.4 percent, consumption... 2024.10.17.
Economy Is on the Road to Consolidation, Says Finance Minister The Hungarian economy is on the road to consolidation and economic growth, said the Finance Minister at Wednesday's meeting of... 2024.10.10.
Finance Minister Advocates for EU Competitiveness and Economic Neutrality Mihály Varga at the Ecofin meeting in Luxembourg. Finance Minister Mihály Varga emphasized the urgent need to restore the EU’s... 2024.10.09.
Finance Minister Holds Talks with Head of Leading Chinese Bank Continuing the work of the past decade, we will further strengthen Hungary's financial role in the Central and Eastern European... 2024.09.25.
Hungary Strengthens Economic Ties with Turkic States Hungary is shifting away from its previously announced unilateral economic policy of opening up to the East, Finance Minister Mihály... 2024.09.20.
IMF Expects Hungary to Lead EU Growth and Supports Its Policies Building of the Ministry of Finance in Budapest The IMF (International Monetary Found) expects Hungary’s economy to lead EU growth... 2024.09.13.
Competitiveness Figures Show Europe’s Economy in Decline, Minister Warns The most important objective of the Hungarian EU Presidency is to strengthen Europe's competitiveness, that is lagging behind the world's... 2024.09.12.
Finance Minister: Our EU Presidency’s Goal is Enhancing Competitiveness Hungary's six-month presidency of the Council of the European Union aims to enhance the EU's competitiveness, crucial as Europe faces... 2024.07.17.
Hungary Bears the Brunt of EU Border Protection Costs, Says Finance Minister Hungary is bearing the financial burden of the European Union's border protection, according to Finance Minister Mihály Varga in an... 2024.07.16.
Moody’s Continues to Recommend Hungary for Investment with a Stable Outlook After Standard & Poor's positive report in April, Moody's continues to recommend Hungary for investment with a stable outlook, reflecting... 2024.06.03.
Newly-arrived EU Funds to Contribute to Teachers’ Pay Raise Finance Minister Mihály Varga announced in a Facebook post on Wednesday that HUF 184 billion (EUR 470 million) in EU... 2024.05.30.
EU Commissioner’s Visit to the Border Fence Proved Too Good to Be True Johannes Hahn is likely to visit Hungary in the second half of June, but contrary to Mihály Varga's claim, he... 2024.05.29.
EU Commissioner to Finally Visit the Southern Hungarian Border Fence At the invitation of Mihály Varga, the EU Budget Commissioner will visit Hungary, the Finance Minister announced. "The Commissioner's visit... 2024.05.27.