|  NEWS

Markets

Hungary issues draft legislation to allow banks to provide crypto services

Hungary is introducing a legislative initiative that would permit banks, investment funds, and asset managers to provide services involving Bitcoin and other cryptocurrencies

Economy

Poland’s real wage growth fastest in 16 years

The average wage in Poland increased faster than forecast in January by 12.8% year-on-year to 7,768 Zloty (€1,797) before taxes, according to data from state agency, Statistics Poland (GUS).

Economy

Inflation down to two-year low in Hungary

Hungary’s inflation fell to 3.8% in January over the previous year, according to the latest data published by the Hungarian Statistical Office.

Markets

Hungary issues draft legislation to allow banks to provide crypto services

Hungary is introducing a legislative initiative that would permit banks, investment funds, and asset managers to provide services involving Bitcoin and other cryptocurrencies

Economy

Poland’s real wage growth fastest in 16 years

The average wage in Poland increased faster than forecast in January by 12.8% year-on-year to 7,768 Zloty (€1,797) before taxes, according to data from state agency, Statistics Poland (GUS).

Economy

Inflation down to two-year low in Hungary

Hungary’s inflation fell to 3.8% in January over the previous year, according to the latest data published by the Hungarian Statistical Office.

Economy

Poland's PMI falls in January, denying rebound hopes

The Purchasing Managers' Index (PMI) in Poland fell 0.3 points in January to 47.1, according to the latest findings by S&P Global.

Markets

Hungary to decide on new reference rate this week

Hungary is set to make a decision on whether to go ahead with a technical change to the calculation of loan repayment rates within the next few days.

Markets

Hungary’s industry weakens more than forecast

Industrial output in Hungary declined more than forecast in November, fuelling concerns over the pace of economic recovery following a recession.

Economy

Hungary’s debt servicing costs soar through Q3 2023

Debt servicing payments in Hungary doubled through Q3 last year, putting the country on course to surpass Italy for the highest level in the EU in 2023.

Economy

Hungary’s headline inflation falls to 7.9% in November

Headline inflation in Hungary edged down to 7.9% year-on-year in November, the lowest rate since January last year, as the price growth slowdown continues.

Economy

OECD forecasts 0.4% GDP growth in Poland in 2023

Real GDP in Poland could see a weak 0.4% growth this year, but could rally to 2.6% in 2024, according to the latest forecast by the Organisation for Economic Co-operation and Development (OECD).

Economy

Poland’s economic growth “will surprise positively” in 2024

Economic growth in Poland could surpass 3% in 2024, according to the head of the Polish development fund PFR Pawel Borys.

Economy

Hungary should review inflation target, says minister

The Hungarian National Bank should reassess its medium-term inflation target of 3%, according to the country’s Development Minister Marton Nagy on Thursday, further pressuring the central bank, which has opposed such a move.

Economy

Poland's PMI falls in January, denying rebound hopes

The Purchasing Managers' Index (PMI) in Poland fell 0.3 points in January to 47.1, according to the latest findings by S&P Global.

Markets

Hungary to decide on new reference rate this week

Hungary is set to make a decision on whether to go ahead with a technical change to the calculation of loan repayment rates within the next few days.

Markets

Hungary’s industry weakens more than forecast

Industrial output in Hungary declined more than forecast in November, fuelling concerns over the pace of economic recovery following a recession.

Economy

Hungary’s debt servicing costs soar through Q3 2023

Debt servicing payments in Hungary doubled through Q3 last year, putting the country on course to surpass Italy for the highest level in the EU in 2023.

Economy

Hungary’s headline inflation falls to 7.9% in November

Headline inflation in Hungary edged down to 7.9% year-on-year in November, the lowest rate since January last year, as the price growth slowdown continues.

News from all categories

Stay on top of current economic and financial news in today’s fast-paced world and learn about trends that could play a significant role in your investment opportunities.

Media contact

deVere Europe’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines. Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact deVere Europe’s Head of Public Relations on george.prior@devere-europe.com or call +44 2071220925