Hungary’s budget deficit over 60% in Q1, ministry confirms

The National Economy Ministry confirmed in a detailed data release on Thursday that Hungary's cash flow-based general government budget deficit reached HUF 2,554.1bn at the end of March. The central budget had a de...

Hungarian government in talks with insurers on premiums freeze

National Economy Minister Márton Nagy said in a video message on social media on Thursday that the government is in talks with insurers about freezing premiums this year to keep inflation down. Nagy said the sides ...

Hungary investment support framework modified to step up R+D, supplier cooperation

The Hungarian Investment Promotion Agency (HIPA) said in a statement that the government has modified the framework of conditions for investment support awarded on a case-by-case basis to boost research and developmen...

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