Orbán: Gov’t’s New Action Plan Targets Economy Reopening As part of its action plan to relaunch the economy after the coronavirus pandemic, the Hungarian government has decided to... 2021.02.04.
Large Disparity in Wealth – Politicians Submit Their Yearly Asset Declarations Politicians have submitted their yearly asset declarations, with no major changes in comparison to one year ago. While the Prime... 2021.02.01.
Finance Minister Calls for Speeding up EU Bureaucracy in Recovery Fund Payouts Finance Minister Mihály Varga urged European Union bureaucrats to expedite payouts from the 750 billion euro recovery fund in a... 2021.01.20.
FinMin: Govt Grants HUF 50 Bn over Past 5 Months to Support Health Sector The government has granted 50 billion forints (EUR 138.5m) to support 46 investments in the Hungarian health sector, resulting in... 2021.01.13.
Finance Minister: Global Economic Downturn More Severe This Year than in 2008 The management of Hungary's public debt is stable and based on several pillars, Mihály Varga, the finance minister, said in... 2020.12.15.
Finance Ministry Raises Budget Deficit Estimates while EU Comes to the Rescue The Ministry of Finance now estimates that total government budget deficit will end up at 8-9% of GDP for this... 2020.12.11.
Fin Min: Current EU Proposal on Global Minimum Tax Rate Would be Harmful to Hungary Hungary rejects any kind of international tax regime that would hinder fair tax competition, Finance Minister Mihály Varga said after... 2020.12.01.
Coronavirus – FinMin Varga: New Measures to Make Payments Easier, Save Money Hungary's authorities have adopted various measures designed to make payments and navigating red tape easier and cheaper, the finance minister... 2020.11.24.
Finance Minister: German Firms See 2021 as Hungary’s Strong Growth Year German firms operating in Hungary forecast 2021 as a strong year of economic growth for the country, Mihály Varga, the... 2020.11.20.
Government to Double Investment Support Scheme for Large Companies The government will raise investment support for large companies in 2020 to 80 billion forints (EUR 221.5m) from 40 billion,... 2020.11.19.
Gov’t State Bond Reaches Milestone but Popularity Waning The Hungarian Government Securities Plus (MÁP Plusz) bond, often named 'super bond' for its exceptional interest rate, has reached another... 2020.11.10.
Baby Bond Stock Climbs over HUF 100 Billion Outstanding stock of baby bonds, a high-yield security available to newborn Hungarians since 2006, has climbed over 100 billion forints... 2020.11.01.
Finance Minister: GDP Could Be Down by 6.4% in 2020 The GDP of Hungary could fall by 6.4 percent this year and economic trends could start to change from the... 2020.10.27.
FinMin Varga: Economic Achievements of Recent Years Created Firm Basis to Blunt Effects of Coronavirus Epidemic The budgetary and financial macroeconomic achievements of recent years have created a firm basis to blunt the negative economic and... 2020.10.21.
FinMin Varga at AmCham: 1,700 US Companies Employ around 106,000 People in Hungary The United States is the biggest non-European investor in Hungary and also its biggest non-European export partner, Finance Minister Mihály... 2020.10.19.
Foreign Minister: Government’s ‘Opening to the East’ Policy Working The Hungarian government's policy of opening to the East has lived up to its promise, Foreign Minister Péter Szijjártó said... 2020.10.09.
Finance Minister Sees Return to Pre-crisis Growth in 2022 Finance Minister Mihály Varga said Hungary's economy would not return to growth levels in Q1 2019 until the first half... 2020.10.08.
Fin Min Varga: Hungary’s Credit Rating ‘Unique Recognition’ in EU Commenting on Moody's change to the outlook of Hungary's Baa3 sovereign rating from "stable" to "positive", Finance Minister Mihály Varga... 2020.09.28.
Finance Minister: Economic Protection Measures to Continue into Autumn The Hungarian government will carry on with its economic protection measures aimed at offsetting the effects of the novel coronavirus... 2020.09.25.
Coronavirus – Government to Introduce Further Economy Protection Measures Hungary's government will introduce further economy protection measures because the economy must be kept functional during the second wave of... 2020.09.19.
Finance Minister: Keeping Hungarian Economy up and Running Top Priority The top priority of economic policy in the course of the second wave of the coronavirus epidemic is to make... 2020.09.15.
