European Commission Urges an Excessive Deficit Procedure against Hungary Hungary and six other EU countries (Belgium, France, Italy, Malta, Poland, and Slovakia) could soon be subject to an excessive... 2024.06.20.
Economy Set to Achieve One of the Highest Growth Rates in the EU The government will gradually reduce the budget deficit and public debt in the coming years, while the Hungarian economy is... 2024.05.02.
The Economy Returns to Growth, Minister of Finance Says The Hungarian economy is poised to return to growth this year, with expectations that it could rank among the top... 2024.03.22.
Minister of Finance: “Disciplined fiscal policy must be continued in 2024” "Sober, moderate, and disciplined policies are crucial, and we must continue our focused fiscal policy this year," stated Minister of... 2024.01.29.
Further Reductions in Deficit and Public Debt Announced In the challenging backdrop of war, energy sanctions, and a volatile global economic scenario, the Hungarian budget faced considerable strain... 2024.01.10.
Hungarian Budget Closes September with a Surplus The protracted war between Russia and Ukraine and the sanctions policy in Brussels have led to an unfavorable global economic... 2023.10.10.
Economy Will Avoid Recession This Year According to Ministry of Finance Report The Hungarian economy will avoid a recession even in the dangerous international environment, and its performance could increase by 1.5... 2023.05.03.
Hungarian Banking System Is Strong, Says Finance Minister The Finance Minister spoke in Cluj-Napoca (Kolozsvár, Romania) on the state and future of the Hungarian economy and banking system.... 2023.03.16.
1.5 Percent Economic Growth Expected This Year The government expects the Hungarian economy to grow by 1.5 percent this year, Finance Minister Mihály Varga said during a... 2023.03.03.
Government Manages to Decrease Public Debt in Times of Financial Stress According to the latest data from the Central Bank of Hungary (Magyar Nemzeti Bank, MNB), the ratio of public debt... 2023.02.21.
Hungarian Public Debt Down More than Expected Public debt has fallen more than expected, and last year's deficit target has been met, Finance Minister Mihály Varga announced... 2023.01.04.
Finance Min: Next Year’s Draft Budget Includes 3.5% Deficit Target The draft budget for next year submitted to the Budget Council sets a stricter deficit target of 3.5 percent of... 2022.05.27.
Finance Minister: Public Debt down More than Earlier Projected Fresh data show that the public debt dropped to 76.8 percent of GDP by the end of last year, lower... 2022.04.02.
Hungary Year-end Public Debt Ratio at 78.2% / GDP Hungary's public debt fell to 78.2 percent of GDP at the end of the fourth quarter, a first reading of... 2022.02.18.
Opposition Pledges to Curb Corruption, Inflation, Public Debt The joint opposition alliance has pledged to curb public debt, inflation and corruption if it comes to power after the... 2022.02.10.
Opposition Parties Promise Public Debt Reduction without Austerity Politicians of opposition Jobbik, Momentum, and Párbeszéd told a joint press conference on Monday that they would reduce public debt... 2022.01.11.
Press Roundup: Former National Bank President Predicts Restrictions after Election György Surányi, who served as President of the National Bank under a socialist-liberal government in the 1990s, sees monetary and... 2022.01.08.
Public Debt Set to Decline, Finance Minister Says Mihály Varga, in an interview with pro-Fidesz daily Magyar Nemzet, said there is a high chance that Hungary's public debt... 2021.12.31.
Finance Minister: Economy in Ruder Health Than After Previous Crisis Hungary's economy grew by 6.4 percent this year as opposed to a contraction of 6.6 percent the year after the... 2021.12.28.
State Audit Office: State Debt Ratio Target “Achievable” The state debt ratio targeted for this year is achievable based on the data available by November so the debt... 2021.12.23.
Finance Minister on High Inflation: Fiscal Policy’s Effect “Only Mild” Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild... 2021.11.23.
