Hungary's Finance Ministry

09/11/2023

Fidesz: Hungary using EU funds effectively

Tibor Navracsics thanked the European Commission for the timely disbursement of the funds, and saying it had contributed to "Hungary becoming more liveable and competitive". #EuriopeanCommission #EU
07/11/2023

Hungary supports more disciplined EU fiscal policy

The budget deficit and debt of EU members have considerably increased due to the coronavirus pandemic and the war, which call for a reform of community rules, Mihály Varga said. #EU #HungarianFInanceMinister
18/10/2023

Hungarian finance minister: Let EU member states preserve their economic sovereignty

Mihály Varga said Hungary, like other countries, wanted to steer its economy back onto a stable pre-pandemic growth path. #economy #luxembourg #europeanunion
02/10/2023

Hungarian tax system remain competitive despite global minimum tax?

Hungary must incorporate the GMT into its legal system by January 1, 2024, but...
26/07/2023

Forint unable to stand up: Despite good news, rapid weakening continues

Despite continuous good news for the forint, the Hungarian currency is weakening rapidly. #forint #currency #euro
24/07/2023

Hungarian finance minister: We need to think about the introduction of the euro

Incredibly, with a very large majority of the Hungarian population in favour of the euro, the government may be moving in the same direction:
19/07/2023

Budapest court rejects mayor’s lawsuit, city appeals

Budapest is "required to pay a solidarity contribution totalling HUF 57.8 billion (EUR 154.6 million) to poorer localities". #hungary #dailynewshungary #budapest #court
19/07/2023

Medical equipment manufacturing facility inaugurated in Hungary

The investment will create 50 jobs. #hungary #dailynewshungary #investment #medicine
07/07/2023

Parliament passes 2024 budget, opposition slams it

The budget targets revenue of HUF 38,240 billion (EUR 98.73 billion) and expenditures of HUF 40,755 billion (EUR 105.23 billion). The deficit target is HUF 2,514 billion (EUR 6.49 billion). #hungary #dailynewshungary #budget #parliament
04/07/2023

Government official: Brussels decided excise tax of fuels must be raised in Hungary

András Tállai points the finger at Brussels over the excise duty on fuels, but he fails to mention the weakening of the forint. #hungary #dailynewshungary #fuel #brussels
28/06/2023

Hungarian FinMin: Opposition budget amendment proposals would entail HUF 3,200 bn bigger tax bill

Mihály Varga said the government's 2024 budget was focused on ensuring the country's security in times of war... #DailyNewsHungary #Hungary #budget #Hungariangovernment
27/06/2023

Hungary receives award for successful debt management

London-based GlobalCapital has awarded Hungary in two categories for its successful debt management! #hungary #dailynewshungary #debt #finance #award #globalcapital
16/06/2023

The EU is intervening in member states’ budgets, Hungarian finance minister says

The Hungarian government rejects the European Commission's "even stronger interference" in member states' budgets, Mihály Varga said. #hungary #dailynewshungary #eu #budget
13/06/2023

Hungary’s 2024 budget is a defence budget, finance minister says

In times of war Hungary must guarantee its security, protect families, pensions, jobs and maintain low utility costs, Mihály Varga said. #hungary #dailynewshungary #budget #war
08/06/2023

Hungarian inflation down but still above 20 percent

Household energy prices increased by 37.2 percent. Gas prices rose by 49.1 percent and electricity prices grew by 27.2 percent.... #DailyNewsHungary #Hungary #KSH #inflation
26/05/2023

Preparing for war? Hungary’s defence spending to increase next year

Finance Minister Mihály Varga said the 2024 draft budget will be a "defence budget". #hungary #dailynewshungary #budget #defence
19/05/2023

Hungarian government submits 2024 budget to Fiscal Council

In times of war, a strong Hungarian army is needed, therefore, the resources dedicated to defence will reach 2 percent of GDP. #hungary #dailynewshungary #budget #government
14/03/2023

Hungarian minister to EU: You are harming Hungary

The Hungarian finance minister said that the EU recovery funding is 'slow and cumbersome'. #hungary #dailynewshungary #financeminister
29/01/2023

Hungary’s economy will soar next year, says finance minister

Hungary's GDP growth could climb over 4 percent next year. #hungary #dailynewshungary #economy #gdp
23/01/2023

Here’s the latest data, Hungary’s budget deficit is over €12 billion

The full-year cash flow-based budget deficit target was 3,152.7 billion forints, but...