Outgoing President of the Fiscal Council Describes 2023 as a Weak Year Adjusting this year's deficit target to 5.2 percent was inevitable, and it is possible that the budget deficit will end... 2023.12.28.
Recession Is Over: Economic Performance Improves In the third quarter of 2023, Hungary's GDP declined by 0.4 percent based on raw data and by 0.3 percent... 2023.11.15.
German Economic Recovery Also Good News for Hungary Contrary to expectations, Germany's business sentiment index, measured by the ifo Institute for Economic Research at the University of Munich,... 2023.10.26.
IMF Maintains Its Previous GDP Predictions IMF building at night. Photo: IMF/ Facebook. In its latest quarterly prognosis, the IMF maintains its previous forecast of 3%... 2023.10.11.
Economic Growth to Return in Second Half of the Year The Hungarian economy may return to growth in the second half of the year, Finance Minister Mihály Varga said at... 2023.09.27.
Domestic Economy Will Avoid Recession This Year The Hungarian economy will avoid recession this year despite the ongoing war and Brussels sanctions and could return to a... 2023.05.17.
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.
We Will Avoid Recession in 2023, Says Economy Minister Despite the intensified economic challenges, recession should be avoided, and the Hungarian government aims to achieve 1.5 percent growth in... 2023.01.25.
“It is not a global, but a European economic crisis,” Says Economy Minister There is no way to get out of this crisis in the short term, Márton Nagy, Minister for Economic Development... 2022.12.16.
Economy Minister Announces Plan to Tackle Recession Hungary's government aims to avoid recession with an eleven-point action plan and new loan programs, according to the minister of... 2022.12.08.
PM Orbán States a 4000 Billion Euro Loss Due to Energy Sanctions The Hungarian economy will lose 4,000 billion forints (EUR 9.8 billion) through no fault of its own simply because of... 2022.11.30.
Hungarian Government Takes New Measures to Fight ‘Sanctions Inflation’ The Hungarian government intends to take action against sanction-caused inflation in coordination with the central bank. It has therefore decided... 2022.10.24.
Damage to Europe-China Economic Cooperation Must Be Avoided, Warns Foreign Minister Speaking at the II Hungarian Battery Day conference, Foreign Minister Péter Szijjártó stressed that the world economy had turned upside... 2022.10.21.
Viktor Orbán Sets out His Vision Concerning Hungary’s Future in a Decade of Conflict Pillars of Western civilization are cracking In Viktor Orbán’s view, the next decade will be a decade of danger, uncertainty... 2022.07.23.
