Hungarian economy

03/01/2024

Deficit in government sector skyrockets in Hungary

The government sector deficit relative to GDP was 3.7 percent in the third quarter of last year and 5.4 percent in the first three quarters. #economy #budget #deficit #government
03/01/2024

MOL CEO warns about possible 70-80% price surge in Hungary’s fuel market

"No significant price reductions are likely" said Zsolt Hernádi.
03/01/2024

Hungarian central bank marks 100th anniversary in 2024: special events, publications

The National Bank of Hungary will mark the 100th anniversary of its founding with special events and publications in 2024, the bank said on Tuesday. #nationalbank #anniversary #economy
02/01/2024

Hungary’s public finance deficit narrows from 2022

Revenues in corporate tax totalled EUR 2.6 billion, over the target, which is "another sign of favourable changes in economic trends". #economy #deficit #budget
02/01/2024

Hungarian forint starts 2024 with weakening + prognosis

Analysts expect a weaker forint this year compared to last year. #forint #euro #dollar #currency #economy
01/01/2024

New Ministry of Economy is powerful, and has immediately identified the priority sectors

Orbán's government tries to make up for economic mistakes with a new ministry
01/01/2024

Official: Hungarian government’s financial calculations failed in 2023

Why did the budget fail? #budget #GDP #deficit #finance
30/12/2023

Hungarian companies need sustainable, renewable and alternative energy sources

Most Hungarian companies see an increasing need for sustainable, renewable and alternative energy sources amid the current challenging economic environment #energy #economy #survey #KandHbank
29/12/2023

Hungarian MOL’s fuel price increase in January happens in unexpected way

Here is the long-expected announcement of the Hungarian gas and oil giant, MOL, concerning the January price rise. #MOL #fuel #price #money #VAT #tax #gasoline #diesel
29/12/2023

Government announced ambitious plans concerning growth in 2024

The government targets growth of 4 percent next year, Márton Nagy, the economic development minister, said #government #economy #growth
28/12/2023

BREAKING: Hungary gets EUR 779.5 million in EU funding

This could help the construction industry and the Hungarian economy in general, and will even have an impact on the Hungarian forint. #HUF #EUfunding #Hungarianeconomy
28/12/2023

Competition Office head points to impact of profit-driven inflation on headline CPI

Looking ahead, Csaba Balázs RIgó said GVH would launch in January an analysis of the impact of artificial intelligence on competition and consumer practices. #GVH #inflation #Hungarianeconomy
28/12/2023

Hungarian govt tops up Baross Gábor credit scheme

So far, lenders have signed contracts for corporate credit worth of more than HUF 950 billion in the framework of the scheme. Outlays have reached HUF 700 billion. #Hungarianeconomy
27/12/2023

Building insulation and energy upgrade scheme in Hungary?

The programme would have an annual budget of EUR 1.6 billion. #energy #economy
23/12/2023

Budapest Stock Exchange has a new chairman

He came from the Hungarian National Bank #stockexchange #BÉT #Budapest
23/12/2023

Hungarian minister talks about dream economic growth figures

The Hungarian economy is seeing "more and more encouraging results", the Economic Development Minister said #economiccrisis #crisis #government
23/12/2023

Attention! Problems expected in fuel service during the festivities in Hungary

#Fuel prices will increase significantly, so drivers are expected to swarm fuel stations during the festivities. #car #economy #travel #transport
22/12/2023

Hungary’s budget in serious trouble: EUR 2.62 billion missing

Hungary's budget is in serious trouble even though the government cut back development expenditures due to the lack of EU money. #budget #economy #crisis #government
22/12/2023

Hungarian workers getting replaced with foreigners?

An opposition party is worried #MiHazánk #economy #worker
22/12/2023

Orbán: The goal is for families to be in focus in 2024

He talked about many more things during an international press briefing on Thursday. #orbán #family #politics #briefing #press