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.
Budget Deficit Close to HUF 540 Bn at End-Feb, Ministry Confirms Hungary's cash flow-based budget, excluding local councils, reached 539.7 billion forints (EUR 1.5bn) at the end of February, the Finance... 2021.03.23.
House Speaker Fines Opposition MP Tordai over 8 Million Forints Parliamentary Speaker László Kövér has fined Bence Tordai, deputy of opposition Párbeszéd, over 8.2 million forints (EUR 22,370), an equivalent... 2021.03.13.
Párbeszéd MP Tordai Temporarily Banned From Facebook Párbeszéd's Bence Tordai was banned by Facebook on Wednesday. While his restriction has since been revoked, Tordai suggests "Fidesz-trolls" behind... 2021.03.06.
Economy Could grow 4-4.5 % in 2021, says Finance Minister Hungary's economy could grow by 4-4.5 percent this year, if enough Hungarians are vaccinated to allow pandemic restrictions to be... 2021.03.05.
Finance Minister Praises State of Press Freedom in Hungary The freedom of the press is fully guaranteed by Hungarian legislation, media operate on a market basis and the government... 2021.03.05.
Hungary GDP Falls 3.6% in Q4, 5% in Full Year Hungary's economy shrank by an annual 3.6 percent in the fourth quarter of 2020, slowing from a 4.6 percent decline... 2021.03.03.