Finance Minister Varga: Message of 1956 Still Relevant Today The remembrance of Hungary's anti-Soviet uprising of 1956 tells Hungarians that they must continue to fight the political players of... 2021.10.23.
Finance Minister Projects 7% GDP Growth for 2021 Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in... 2021.10.19.
Govt Invests EUR 15.6m in Venture Capital Fund Targeting Startups The government is investing 5.6 billion forints (EUR 15.6m) in a new fund of venture capital fund manager Euroventures through... 2021.10.15.
MouldTech Systems Completes HUF 4.4 Billion Investment Tool manufacturer MouldTech Systems has completed a 4.4 billion forint (EUR 12.2m) investment at its base in Zalaegerszeg, in southwestern... 2021.10.11.
Finance Minister Puts 2022 GDP Growth at 5.5-6 pc Finance Minister Mihály Varga said next year's GDP growth could reach 5.5-6 percent at a business forum organised by the... 2021.10.09.
Hungary Joins Global Minimum Corporate Tax Deal Hungary has succeeded in pushing through its interests at the international talks on the global minimum corporate tax, Finance Minister... 2021.10.09.
FinMin: “We count on US investors in our work to relaunch the economy” US companies continue to place their trust in the Hungarian economy, and the government provides tax cuts and investment support... 2021.10.07.
Gov’t Borrows EUR 183 Million from Asian Infrastructure Investment Bank Hungary has concluded an agreement with the Asian Infrastructure Investment Bank (AIIB) on the provision of 183 million euros (HUF... 2021.10.06.
Finance Minister: EU Approval of Hungarian Recovery Programme Hindered by Political Considerations Hungary's programme for post-pandemic economic recovery meets the criteria laid down previously in all respects but its approval is being... 2021.10.05.
Finance Minister: Hungary Among EU Countries Already Rebounded to Pre-Pandemic Economic Levels The economic success of the Visegrad Group, and Hungary's above-average performance within it, is key to Europe's economic success, Finance... 2021.09.30.
Finance Minister Details Tax Rebates for Parents Raising Children Finance Minister Mihály Varga revealed details of tax rebates for parents raising children in a video message posted on Facebook... 2021.09.24.
Finance Minister: Gov’t to Use Credit to Finance Its Own Recovery Program To keep Hungary on a growth path the government must launch its economic recovery and resilience programme in all parts... 2021.09.18.
Due to Delay of EU’s Recovery Fund, Issuance of Hungary’s FX Bonds Hits Record High The Government Debt Management Agency (ÁKK) has modified its 2021 issuance plan to make room for an additional 4.5 billion... 2021.09.16.
Gov’t Extends Repayment Moratorium for Vulnerable Borrowers The government has decided to extend the moratorium on loan repayments for vulnerable borrowers until June 30, 2022, Finance Minister... 2021.09.13.
Minister Varga: EU Finance Ministers Agree Supportive Fiscal Policy Still Needed European Union finance ministers agree that supportive fiscal policy is still necessary for the economic recovery, Finance Minister Mihály Varga... 2021.09.11.
Gov’t to Fund Manufacturing of Coronavirus Pharmaceuticals The Hungarian government is subsidizing an expansion of pharmaceutical company Pannonpharma's plant in Pécsvárad, southern Hungary, designed to manufacture drugs... 2021.09.10.
Finance Minister Calls for ‘Significant’ Minimum Wage Rise to ‘Retain Competitive Advantage’ A "significant" minimum wage hike is needed to retain Hungary's current advantage against other European countries in restarting the economy... 2021.09.09.
Investment Volume Climbs Almost 11% in Q2 from Low Base Investment volume in Hungary rose by an annual 10.8 percent in Q2, albeit from a low pandemic base, the Central... 2021.08.31.
Finance Minister: Gov’t Spending on Higher Education at Record High The government is spending more on higher education than ever before, Finance Minister Mihály Varga said at a ceremony at... 2021.08.31.
Unprecedented GDP Growth in Q2 Boosts Expectations for Entire Year Hungary's second-quarter GDP figure substantially exceeded analysts' earlier expectations, with many notably improving their forecasts for this year since then.... 2021.08.18.
“Huxit” Comments from Fidesz Circles Generate Backlash An opinion piece arguing for Hungary's departure from the European Union recently got published in pro-government daily Magyar Nemzet. Its... 2021.08.18.
