Hungary’s central bank raises O/N, one-week collateralised loan rates by 95 bp to 1.85 pc

The Monetary Council of the National Bank of Hungary (NBH) decided to raise the rates for the central...

Coronavirus – Hungarian government allocates 25 billion euros for economic protection

A total of 9,200 billion forints (EUR 25bn) will be available in the years ahead to mitigate the...

Coronavirus – Here is Orbán’s five-point economic protection plan

The government aims to create as many jobs as the number of jobs destroyed by novel coronavirus, Prime...

Coronavirus – Opposition parties call for different mix of economic measures

Opposition parties called for implementing a mix of economic stimulus measures different from the ones...

Coronavirus – Government to set up EUR 1.8bn epidemic response fund

Commenting on the weakening of the national currency to record low levels of 360-370 against the euro,...

Coronavirus – Orbán: Hungary to maintain work-based economy

Hungary will resist falling into the trap of introducing blanket welfare measures during the novel...

Hungarian billionaire György Gattyán bought a university!

The third-richest Hungarian, György Gattyán, bought the Kodolányi János University in...

ILO welcomes G20 commitment in response to COVID-19 pandemic

The Director-General of the International Labour Organization (ILO), Guy Ryder, on Thursday welcomed the...

Coronavirus – Budget resources in place to finance efforts against virus in Hungary

Efforts against the novel coronavirus epidemic will cost "several hundred billion forints", but those...

Poland announces economic package as COVID-19 cases top 1,000

To alleviate economic pressures caused by the ongoing COVID-19 pandemic, the Polish government announced...