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Orbán dreams of making Hungary's population great again

May 26, 2017, 4:17 pm
Hungary’s Prime Minister Viktor Orbán announced on Thursday details of a new family support programme to be launched in 2018 that had been flagged a few months ago. The package of targeted measures... 

A single chart that shows Hungarian investment funds' top picks

May 26, 2017, 2:12 pm
The National Bank of Hungary (MNB) has published its latest Stability Report which includes a chart showing the asset allocation in public offered investment funds. Data are for the end of 2016 and show... 

Hungary Magyar Telekom transfers shares to ESOP Organisation

May 26, 2017, 12:15 pm
Hungarian telecommunications group Magyar Telekom has announced the transfer of treasury shares for its employee share ownership organisation on Friday. MTel announced the transfer of 1,450,426 treasury... 

Hungary MKB shows stellar performance

May 26, 2017, 11:59 am
Hungary’s MKB Bank posted 12 billion forint profit in the first four months of 2017, CEO Ádám Balog told weekly Figyelő. To put this into perspective, the bank’s full-year profit was HUF 9.5... 

Hungary MNB foundations invest in real estate again

May 26, 2017, 11:00 am
Pallas Athena Foundations, established by Hungary’s central bank (MNB) have acquired the second building designed by Miklós Ybl, one of Europe’s leading architects in the 19th century. The... 

Unemployment blooms in Hungarian spring

May 26, 2017, 10:02 am
Hungary’s rate of unemployment was 4.6% in February-April 2017, up 0.3 percentage point compared to the November-January period’s record-low 4.3% print, the Central Statistical Office (KSH)... 

Hungary's new family support scheme could cost 100 billion forints - Lázár

May 25, 2017, 4:03 pm
The Hungarian cabinet's new family supporting measures, the infringement procedure opened in relation to the Higher Education Act and military spending were on the agenda at a press conference held by... 

Hungary sends EU response in CEU case

May 25, 2017, 1:39 pm
The Hungarian government has prepared its response to the European Commission’s reservations about the amendment of the Higher Education Act that came to be known as ‘Lex CEU’. In short:... 

Hungarian families rejoice! PM Orbán is the bearer of good news

May 25, 2017, 12:22 pm
Hungary’s Prime Minister Viktor Orbán has unveiled the government’s latest action plan, including details of its demography programme, announcing a raise to the family tax benefit for families... 

Hungarians gulp gallons of sugary soft drinks

May 25, 2017, 10:36 am
Total sales of carbonated soft drinks, mineral water and ice tea amounted to a whopping 145 billion forints in Hungary in 2016, local financial news portal Világgazdaság reported data published by market... 

State of New York Governor urges talks with Hungary over CEU

May 25, 2017, 8:25 am
The Governor of the State of New York has announced his readiness to start talks “without delay" with the Hungarian government about the future of Central European University (CEU) in Budapest. ... 

Orbán's secret plan to win two-thirds majority revealed

May 24, 2017, 5:29 pm
The adoption of a resolution triggering the European Union’s Article 7 process plays into Hungarian Prime Minister Viktor Orbán’s hands. The EU’s ‘nuclear bomb’ fits nicely... 

Hungary will not change laws condemned by European Parliament

May 24, 2017, 1:28 pm
Hungary will not withdraw its laws on asylum seekers, foreign universities and non-governmental organizations, which were slammed by the European Parliament last week, Foreign Minister Péter Szijjártó... 

Hungary cenbank applauds commercial banks, they may lend even more

May 24, 2017, 11:12 am
In 2016, the banks participating in the Market-based Lending Scheme significantly overfulfilled their commitment to increase lending to SMEs; however, under the Market-based Lending Scheme (MLS) developed... 

Hungary base rate could remain on hold until 2019 or even longer

May 24, 2017, 9:28 am
Hungary's base rate could remain unchanged until 2019 or even longer, central bank (MNB) Deputy Governor Márton Nagy told Reuters, adding that inflationary expectations were anchored at a very low level... 

U.S. makes it clear again it will not have talks on CEU with Hungary

May 24, 2017, 9:06 am
Washington has made it clear it has no authority or intention to enter into negotiations on the operation of Central European University (CEU) or other universities in Hungary. The official statement by... 

Audi to expand further in Hungary

May 23, 2017, 4:54 pm
The production value of Hungary’s automotive industry grew to a record of 7,874 billion forints in 2016. The newest investments by German luxury carmaker Audi are contributing to further growth... 

INSTANT VIEW - Hungary cenbank keeps monetary conditions unchanged

May 23, 2017, 4:05 pm
The National Bank of Hungary (MNB) has kept the 3-monthy policy rate on hold at 0.9%, in line with expectations. The overnight deposit rate remained flat as well, at -0.05%, while the MNB did not touch... 

Hungary c.bank ready to ease monetary conditions further

May 23, 2017, 3:04 pm
If inflation remains persistently below the target, the Council will stand ready to ease monetary conditions further using unconventional, targeted instruments, the Monetary Council of Hungary’s... 

Hungary central bank holds policy meeting

May 23, 2017, 2:00 pm
In line with expectations, the Monetary Council of Hungary’s central bank (MNB) has left its (not so key) policy rate on hold at 0.9% at its monthly rate meeting on Tuesday. The rate corridor remains... 
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