Central Bank Head Matolcsy Warns 2022 Overspending Could Fuel Inflation National Bank of Hungary (NBH) governor György Matolcsy said he believes the 5.9-percent-of-GDP deficit target in the 2022 budget is... 2021.06.21.
Finance Minister: Hungary’s Economy to Return to Pre-Pandemic Level This Year The action plan to relaunch the economy is at the heart of the 2022 budget and will help people facing... 2021.06.21.
Finance Minister: EU Acknowledges Hungary Recovery The European Union acknowledges that Hungary is on the path to economic recovery from the coronavirus crisis, Finance Minister Mihály... 2021.06.19.
Hungary Jumps Up Five Places in IMD Competitiveness Report Hungary has moved up five places to rank 42nd in the report published by the Swiss IMD World Competitiveness Center,... 2021.06.17.
Finance Minister: Next Year’s Budget Ensures Full Resources to Relaunch the Economy In 2022, all the resources necessary will be available to relaunch the economy, create jobs and boost investments, Mihály Varga,... 2021.06.15.
Orbán: Low-earning Parents Could Reclaim 2021 PIT if Economic Growth Reaches 5.5% Monetary policy is set to shift towards a more hawkish stance as early as June, with a possible hike in... 2021.06.09.
Parliament Passes Hungary’s 2022 Headline Budget Parliament on Tuesday passed into law the main figures of the government's 2022 budget, together with amendments by parliament's budget... 2021.06.08.
Finance Minister: Opposition’s Proposals Would ‘Upset’ Next Year’s Budget with HUF 8,800 Bn Opposition parties have submitted a total of 1,148 amendments to next year's budget bill which would "upset balance" in the... 2021.06.07.
Investment Growth at 2.5% in Q1 Investment volume in Hungary rose by an annual 2.5 percent in the first quarter of 2021, level with the rate... 2021.06.01.
Finance Minister: Hungary to Lead EU’s Post-Covid Economic Rebound Hungary is poised to lead the European Union's post-pandemic economic rebound, Finance Minister Mihály Varga said after meeting his EU... 2021.05.22.
Finmin: 2022 Budget Pinpoints Relaunching Economy The 2022 budget is devoted to relaunching Hungary's economy, Mihály Varga, the finance minister, said during a presentation of the... 2021.05.19.
Hungary GDP Down 2.3%, but Analysts Forecast 6-7% Growth for 2021 Hungarian economic output contracted by an annual 2.3 percent in the first quarter, the Central Statistical Office (KSH) said in... 2021.05.18.
Finance Minister Announces 2022 Tax Cuts Finance Minister Mihály Varga on Tuesday announced measures to cut and streamline taxes next year that the government will soon... 2021.05.12.
Finance Minister: Looser Fiscal Policy Affords Flexibility The Orbán government's raised budget deficit targets for the coming years, prompted by the continuously changing global environment and the... 2021.05.10.
Home Building Permit Issues Plunge in Capital, Jump Elsewhere The number of home building permits issued in Budapest plunged in the first quarter while jumping in the rest of... 2021.05.05.
Finance Minister: 2022 Budget Targets 5.2% Growth, 5.9% Deficit The government targets economic growth of 5.2 percent, with a deficit target of 5.9 percent of GDP and public debt... 2021.05.04.
Govt Grants Support Health-Care Supply Production Capacity Three companies have completed a combined 2.5 billion forint (EUR 7m) worth of investments supported by government grant money earmarked... 2021.04.21.
Fin Min Varga: V4 Countries Agree on How to Reboot Economy The Visegrad Group countries aim to reclaim their place as Europe's engines of growth once the coronavirus pandemic is over,... 2021.04.15.
Hungary’s Green Samurai Bond Issue Wins Special Award Financial information service provider Capital Eye Limited has recognised Hungary's green bond issue in Japan last year with a special... 2021.04.10.
Budget Deficit EUR 3,2 Billion at End-March Hungary's cash flow-based budget, excluding local councils, was 1,144.1 billion forints (EUR 3.2bn) at the end of March, the Finance... 2021.04.09.
FinMin Expects Return to Growth to Happen ‘Surprisingly Fast’ Hungary's economy is set to stage a swift recovery from the second quarter and achieve growth of 4-5 percent for... 2021.03.31.
