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Hungary quietly prepares new funding for health care?

June 22, 2018, 4:59 pm
Private health service providers in Hungary could be particularly sensitive to the restructuring of fringe benefits and the subsequent abolishment of the benefits of health insurances in their current... 

LOT to launch new direct flight to London from Budapest

June 22, 2018, 12:53 pm
Poland's state-run airline LOT is to launch a new flight between Budapest and London in 2019, Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó and LOT CEO Rafal Milczarski announced... 

Hungary forint soars against the euro

June 22, 2018, 11:40 am
Hungary’s forint starts the last trading day of the week north of 326 versus the euro, but it has corrected rapidly and has been gaining distance also from 325 southbound. HUF keeps on firming... 

No austerity in 2019, Hungarian PM Orbán pledges

June 22, 2018, 11:13 am
Just because the National Bank of Hungary (MNB) has revised its inflation estimates upwardly, the 2019 budget bill does not need to be modified, i.e. there is no need for austerity measures, Prime Minister... 

Hungary Mol elects Zoltán Áldott Supervisory Board Chairman

June 22, 2018, 10:28 am
Hungarian fuels group Mol has announced that its Supervisory Board has elected Zoltán Áldott to be the Chairman of the Supervisory Board, effective as of 25 June 2018. At the same time, the Supervisory... 

Yields leap at Hungary's bond auctions

June 21, 2018, 5:01 pm
Yields have increased sharply and demand was muted at the bond auctions held by Hungary’s Government Debt Management Agency (ÁKK) on Thursday. The jump was particularly apparent in the 5-yr segment... 

Hungary Mol eyes further expansion in CEE

June 21, 2018, 4:36 pm
Hungarian fuel group Mol is looking to further expand its service-station network and expects is consumer business EBITDA to grow by 12% in 2018, the group’s new Chief Operating Officer Péter Ratatics... 

Hungary central bank unworried about price stability

June 21, 2018, 3:41 pm
The National Bank of Hungary (MNB) has raised its inflation prognoses to 2.8% from 2.5% for 2018 and to 3.1% from 2.95 for 2019, shows the bank’s quarterly Report on Inflation published on Thursday.... 

Hungary forint beaten up, breaches 326 versus euro

June 21, 2018, 2:23 pm
The Hungarian central bank’s (MNB) indication on Tuesday regarding the possibility of a cautious monetary tightening propped up the forint temporarily, but the impact did not last long. The HUF depreciated... 

Romanian wholesaler of Hungary's Richter suspended

June 21, 2018, 2:07 pm
The Romanian National Agency for Medicines and Medical Devices (NAMMD) has suspended with effect from 21 June the licence to operate of Pharmafarm SA, the wholesale subsidiary of Hungary’s Gedeon... 

HUF close to all-time low - Cenbank managing director talks to analysts

June 21, 2018, 12:34 pm
(Címlapképforrása: Shutterstock)The only focus of the National Bank of Hungary (MNB) is on inflation, central bank Managing Director Barnabás Virág said on Thursday, when asked about the Hungarian forint.... 

Hungary FinMin comments forint weakening

June 21, 2018, 12:24 pm
Commenting on April’s earnings data, Hungary’s Finance Minister Mihály Varga also addressed the forint exchange rate on public television on Thursday, just when the HUF weakened to a 3.5-year... 

Everybody calm down! Wage boom has not ended in Hungary

June 21, 2018, 9:51 am
Wages in Hungary rose more in April in annual terms than the relatively weak increase recorded in March. Double-digit growth is back after some faltering. Gross earnings grew by 11.1% year on year in... 

You won't believe how cheap Hungary is!

June 21, 2018, 9:18 am
In 2017, price levels for consumer goods and services differed widely in the European Union (EU). Denmark (142% of the EU average) had the highest price level, and the lowest price level was found in Bulgaria... 

Hungary could kill masterplan of Lidl, Spar

June 20, 2018, 4:35 pm
The Hungarian government plans to restrict the expansion of multinational companies in the retail sector by implementing a new rule. Due to the so-called “plaza ban", it is already much more difficult... 

Hungary cenbank action futile, forint hammered again

June 20, 2018, 2:01 pm
The appreciation of Hungary’s forint versus the euro fizzled out at around 322, so it seems the central bank was able to calm investors only temporarily. 20/06/2018 9:26am INSTANT VIEW - Hungary... 

Hungary has no near-term plans for Eurobond issuance - debt office

June 20, 2018, 1:36 pm
Hungary has no near-term plans to issue Eurobonds - government bonds issued in major foreign currencies like the dollar, euro or yen - the deputy head of the country's debt office said on Wednesday. ... 

Hungary to abolish casualty tax and FTT on smaller wire transfers

June 20, 2018, 1:01 pm
The Hungarian government is to abolish the 30% casualty tax included in the mandatory third party vehicle insurance (kgfb). The tax burden for insurance companies, though, could rsie, as they are obliged... 

INSTANT VIEW - Hungary c.bank applies more cautious rhetoric

June 20, 2018, 9:26 am
The National Bank of Hungary has left monetary conditions unchanged at its policy meeting on Tuesday, but it sent a strong message to markets to stem forint depreciation. Here’s how analysts assessed... 

Hungary cenbank revises GDP, CPI estimates upwardly

June 19, 2018, 4:47 pm
The National Bank of Hungary (MNB) has raised its growth and inflation estimates in its latest quarterly Report on Inflation. The bank projects 4.4% GDP growth and 2.8% inflation for this year. Strong... 
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