Hungarian army development progresses as scheduled, says minister

The development of the Hungarian Armed Forces progresses in line with schedule, the defence minister...

Final accounts for 2019 budget discuss by the Hungarian parliament

The budgetary and financial macroeconomic achievements of recent years have created a firm basis to...

Hungarian government fights the second wave of COVID-19 with mindless spending

The Hungarian government keeps spending way more money than necessary on medical equipment in the name of preparing...
Hungary debt money economy

Government’s campaign against state debt failed?

Once the novel coronavirus epidemic is defeated, the government will continue reducing Hungary's public...

Hungary’s budget shortfall EUR 7.78 bn at end-August

Hungary's budget deficit, excluding local councils, came to 2,261.3 billion forints at the end of...

15 EU countries set to receive 81.4 bln euros for saving jobs during COVID-19

The European Commission on Monday presented proposals to the Council of the European Union (EU) to grant...

When will the Hungarian economy start to recover? – finance min official told

The government expects the economy to start recovering next year, with growth of above 4 percent and a...

Finance Ministry forecasts 7-9 pc / GDP deficit in 2020

Hungary's budget is expected to post a shortfall of 7-9 percent of GDP in 2020, in view of the...

Hungary’s budget deficit EUR 6.175 billion at end-July

Hungary's budget deficit, excluding local councils, was 2,165 billion forints at the end of July, the...

LMP: EU recovery package ‘betrayal of future generations’

The EU's coronavirus-related economic recovery package and the bloc's next budget approved by member states in July...