|  NEWS

Politics

Strong cooperation needed between Hungary and Germany

Cooperation between Germany and Hungary, “which existed in good times and also bad times over history,” is much needed in the 21st century and should be further intensified.

Markets

Poland's central bank unveils 75bp rate cut

The Polish central bank lowered its main interest rate by 75 basis points on Wednesday to 6.00%, sending the Zloty plummeting against the Euro.

Economy

Inflation eases less than expected in August

Poland's inflation declined less than forecast in August to 10.1% from 10.8% in July, according to preliminary data published on Thursday.

Politics

Strong cooperation needed between Hungary and Germany

Cooperation between Germany and Hungary, “which existed in good times and also bad times over history,” is much needed in the 21st century and should be further intensified.

Markets

Poland's central bank unveils 75bp rate cut

The Polish central bank lowered its main interest rate by 75 basis points on Wednesday to 6.00%, sending the Zloty plummeting against the Euro.

Economy

Inflation eases less than expected in August

Poland's inflation declined less than forecast in August to 10.1% from 10.8% in July, according to preliminary data published on Thursday.

Markets

Hungary prepares for likely 2023 budget revision

The Hungarian government will make a decision about any modifications to the 2023 budget following Q3 economic data, according to Prime Minister Viktor Orban's chief of staff.

Economy

Hungary likely exited recession in Q2

Hungary probably exited its recession in the second quarter, the longest since the 2008 global financial crisis, despite the war in Ukraine continuing to impact growth.

Markets

Hungary forecasts rising GDP and falling deficit in 2024

Hungary’s government forecasts most of the country’s economic indicators will be favourable in 2024, which next year’s budget is based on

Economy

Hungarian National Bank cuts key rate

Hungary’s central bank cut the overnight rate by a percentage point to 15% on Tuesday as it continues with plans to ease its emergency monetary regime, matching forecasts

Markets

Value of Poland's goods and services to UN hits record high

Poland provided the United Nations with goods and services at an all-time high value of $71.71 million in 2022, compared to $4.86 million the year before, according to the development ministry.

Markets

Hungary’s govt. forecasts wider budget deficit

Retail sales plummeted in Hungary by 12.3% in May, whilst industry output declined more than forecast, indicating an economic slump

Economy

Hungary cuts key interest rate

Hungary has reduced its key interest rate for the second straight month in an attempt to ease the pressure the EU’s highest borrowing costs are piling on the country’s economy.

Economy

Polish economic rebound in Q2 "is not visible."

A forecast economic rebound in Poland is not yet evident, yet it remains too soon to contemplate interest rate cuts, according to statements by a central banker on Thursday.

Politics

Strong cooperation needed between Hungary and Germany

Cooperation between Germany and Hungary, “which existed in good times and also bad times over history,” is much needed in the 21st century and should be further intensified.

Markets

Poland's central bank unveils 75bp rate cut

The Polish central bank lowered its main interest rate by 75 basis points on Wednesday to 6.00%, sending the Zloty plummeting against the Euro.

Economy

Inflation eases less than expected in August

Poland's inflation declined less than forecast in August to 10.1% from 10.8% in July, according to preliminary data published on Thursday.

Markets

Hungary prepares for likely 2023 budget revision

The Hungarian government will make a decision about any modifications to the 2023 budget following Q3 economic data, according to Prime Minister Viktor Orban's chief of staff.

Economy

Hungary likely exited recession in Q2

Hungary probably exited its recession in the second quarter, the longest since the 2008 global financial crisis, despite the war in Ukraine continuing to impact growth.

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