Home Construction Up 20% in 2019 The number of completed homes increased by 20 percent in 2019 from the previous year, while the number of new... 2020.02.25.
Hungary in Talks with Investors in Japan, China on Green Bond Issue Hungary is in talks on the issue of a three- to five-year "green bond" with investors in Japan and China,... 2020.02.24.
Hungary 2019 GDP Growth Exceeds Expectations Hungary's GDP rose by an annual 4.5 percent in the fourth quarter of 2019, the Central Statistical Office (KSH) said... 2020.02.14.
Hungary Buys Back USD 1bn of Dollar Bonds Hungary has bought back 1 billion dollars of high-yield FX bonds, saving the state 42.7 billion forints (EUR 26.4m) in... 2020.01.29.
Finance Minister: Break-even Budget by 2022 or 2023 Finance Minister Mihaly Varga said Hungary's government could draft a budget without a deficit by 2022 or 2023 in an... 2020.01.23.
EIB Lends Hungary EUR 150 m for School Infrastructure Upgrades The European Investment Bank (EIB) on Thursday signed a 150 million euro loan agreement with Hungary that will support the... 2020.01.23.
EU Climate Strategy Costs Should Be Borne by Biggest Polluters, says Finance Minister One of the most important aspects when devising the European Union's climate strategy is that it must not impose disproportionate... 2020.01.22.
Finance Minister: Hungarian Economy Poised for Strong Year, Expects 4% GDP Growth The Hungarian economy is again poised for a strong year, Finance Minister Mihály Varga said in an interview to Saturday's... 2020.01.20.
Finance Minister: New Economic Measures to Come into Effect This Year New measures as part of the action plan to protect the economy, alongside targeted tax cuts, will come into effect... 2020.01.02.
Minimum Wage to Rise 8 pc Next Year, as Agreed Earlier The minimum wages for both skilled and unskilled workers will rise by 8 percent next year, in line with an... 2019.12.30.
Finance Ministry: Full-year Deficit Target ‘Achievable’ The Finance Ministry said the full-year deficit target of 1.8 percent of GDP, calculated according to the EU's accrual-based accounting... 2019.12.20.
Govt to Launch New Economy Protection Plan Early Next Year The government will help Hungarian economic actors by the launching of a new economy protection action plan sometime next February... 2019.12.16.
Korean Companies Employ over 10,000 Hungarians, says Finance Minister An increasing number of South Korean companies have been investing in Hungary over the recent years thanks to the Hungarian... 2019.12.13.
Govt Working to Reduce Public Debt to 60 pc of GDP by 2022, says Finance Minister The government is working to further reduce the public debt, aiming to push it under 60 percent of GDP by... 2019.12.12.
Gov’t Distrustful of Setting Up EU Institutions against Money Laundering Effective action against money laundering and terrorism serve the common interests of all European Union member states, Finance Minister Mihály... 2019.12.06.
Finance Minister Expects 4.8 percent GDP Growth for 2019 Hungary's economy is expected to grow by 4.8 percent this year, Finance Minister Mihály Varga told a news conference on... 2019.12.02.
Hungary Ready to Start Talks on Joining Eurasian Development Bank Hungary is ready to start talks on joining the Eurasian Development Bank (EDB) as a full member, Finance Minister Mihály... 2019.11.29.
Hungary Would Welcome More Chinese Banks in Budapest, says Finance Minister The Hungarian government has achieved considerable results in developing economic ties with China over the past few years, Finance Minister... 2019.11.27.
Finance Minister: More than 50,000 with Jobs under New Employment Scheme More than 50,000 jobseekers and fostered workers have transferred to the primary labor market since last August thanks to a... 2019.11.19.
Minimum Wage Could Increase by up to 10% Next Year The government would support an even faster than agreed minimum wage increase by next year, Finance Minister Mihály Varga said... 2019.11.15.
Hungary GDP Growth Accelerates to 5 percent in Q3 Hungary's GDP rose by an annual 5.0 percent in the third quarter, the Central Statistical Office (KSH) said in a... 2019.11.14.