|  NEWS

Markets

Hungary’s central bank hikes rates to 2.9%

The National Bank of Hungary increased its base rate by 50 basis points to 2.9% on Tuesday, the largest hike since the end of 2011, in an attempt to tackle soaring inflation.

Markets

Hungary’s economy reverting to pre-pandemic levels

The Hungarian economy is returning to pre-pandemic levels say officials, according to foreign direct investment and employment figures published on Wednesday.

Markets

Fourth rate hike in two weeks by Hungary’s central bank

The National Bank of Hungary hiked rates unexpectedly for the fourth time in a fortnight on Tuesday, as an inflation surge piled pressure on the Forint and its bond market.

Markets

Hungary’s central bank hikes rates to 2.9%

The National Bank of Hungary increased its base rate by 50 basis points to 2.9% on Tuesday, the largest hike since the end of 2011, in an attempt to tackle soaring inflation.

Markets

Hungary’s economy reverting to pre-pandemic levels

The Hungarian economy is returning to pre-pandemic levels say officials, according to foreign direct investment and employment figures published on Wednesday.

Markets

Fourth rate hike in two weeks by Hungary’s central bank

The National Bank of Hungary hiked rates unexpectedly for the fourth time in a fortnight on Tuesday, as an inflation surge piled pressure on the Forint and its bond market.

Markets

EC hikes Hungary 2021 GDP growth forecast

Hungary’s GDP growth forecast has been raised this year to 7.4% by the European Commission, from a previous 6.3% forecast published in July.

Markets

Employers can now require staff to have Covid vaccine

The Hungarian government is to permit private employers to require their staff to have the Covid vaccine as a condition for work. 

Markets

Hungary’s govt. makes new effort to buy back majority stake in Budapest airport

Prime Minister of Hungary, Viktor Orbán has unveiled new efforts to gain control of Budapest airport from its international investor ownership.

Markets

Poland-EC talks continue on National Recovery Plan

No date has as yet been set for the end of discussions between Poland and the European Commission (EC) regarding the Polish National Recovery Plan,

Markets

Hungary’s govt. unveils €1.7bn income tax refund for families

Hungary’s govt. unveils €1.7bn income tax refund for families

Markets

Wage growth in Hungary slows to 3.5% in June

Hungary’s year-on-year wage growth decelerated to 3.5% in June from 8.2% the month before, dropping below the rate of inflation, according to the Central Statistical Office (KSH).

Coronavirus

Hungary reaches 5m vaccinations threshold

This week, the Hungarian government announced that the country reached the prerequisite of 5 million people getting at least one dose of the vaccine

Business

Czech Republic and Norway see £300m investment

Newly launched investment trust, Cordiant Digital Infrastructure announced that it has acquired telecoms and TV towers

Markets

Hungary’s central bank hikes rates to 2.9%

The National Bank of Hungary increased its base rate by 50 basis points to 2.9% on Tuesday, the largest hike since the end of 2011, in an attempt to tackle soaring inflation.

Markets

Hungary’s economy reverting to pre-pandemic levels

The Hungarian economy is returning to pre-pandemic levels say officials, according to foreign direct investment and employment figures published on Wednesday.

Markets

Fourth rate hike in two weeks by Hungary’s central bank

The National Bank of Hungary hiked rates unexpectedly for the fourth time in a fortnight on Tuesday, as an inflation surge piled pressure on the Forint and its bond market.

Markets

EC hikes Hungary 2021 GDP growth forecast

Hungary’s GDP growth forecast has been raised this year to 7.4% by the European Commission, from a previous 6.3% forecast published in July.

Markets

Employers can now require staff to have Covid vaccine

The Hungarian government is to permit private employers to require their staff to have the Covid vaccine as a condition for work. 

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