|  NEWS

Economy

Govt. extends large commercial bank deposit cap

The Hungarian government extended a cap on large commercial bank deposits on Wednesday until the end of Q2 and introduced restrictions on central bank discount bill transfers.

Economy

Hungary's central bank keeps rates unchanged

Hungary's central bank kept interest rates the same on Tuesday, resisting pressure from the government to slash borrowing costs during a steep economic slowdown.

Markets

Hungary’s retail sales fall on inflation impact

Retail sales in Hungary declined by 3.9% in December following a 0.6% rise in November,

Economy

Govt. extends large commercial bank deposit cap

The Hungarian government extended a cap on large commercial bank deposits on Wednesday until the end of Q2 and introduced restrictions on central bank discount bill transfers.

Economy

Hungary's central bank keeps rates unchanged

Hungary's central bank kept interest rates the same on Tuesday, resisting pressure from the government to slash borrowing costs during a steep economic slowdown.

Markets

Hungary’s retail sales fall on inflation impact

Retail sales in Hungary declined by 3.9% in December following a 0.6% rise in November,

Economy

Hungary inflation to peak in Q1 at 25-27%: Minister

According to the country's Minister of Economic Development, Marton Nagy, inflation in Hungary could peak at an annualised rate

Economy

Economy to lose €9.8bn due to energy sanctions: PM

Hungary's economy may lose up to 4,000 billion Forints (€9.8 billion) due to soaring energy prices, according to Prime Minister Viktor Orbán.

Economy

Hungary to set new food price caps to curb inflation

The Hungarian government may decide on new price caps on foodstuffs within a matter of days to curtail inflation

Markets

Protests in Budapest against Orban’s government

Thousands took to the streets of Budapest on Sunday in protest against the government, demanding higher wages for teachers and a stop to surging inflation.

Economy

Hungary to defer payments to Gazprom for gas payments

Hungary has reached an agreement with Russia’s Gazprom to defer payments for gas supply during winter

Economy

EU executive to advise cutting Hungary funding

​​​​​​​The European Union executive is set to propose suspending billions of Euros destined for Hungary due to corruption fears

Economy

Wage growth accelerates in Hungary

Gross average wages in Hungary increased by an annual 15.4% in June, a rise from May’s 14.9% rise

Economy

Hungary’s industrial production rallies in June

Industrial production increased 4.8% year-on-year in June, up from May’s 3.4% rise

Economy

Govt. extends large commercial bank deposit cap

The Hungarian government extended a cap on large commercial bank deposits on Wednesday until the end of Q2 and introduced restrictions on central bank discount bill transfers.

Economy

Hungary's central bank keeps rates unchanged

Hungary's central bank kept interest rates the same on Tuesday, resisting pressure from the government to slash borrowing costs during a steep economic slowdown.

Markets

Hungary’s retail sales fall on inflation impact

Retail sales in Hungary declined by 3.9% in December following a 0.6% rise in November,

Economy

Hungary inflation to peak in Q1 at 25-27%: Minister

According to the country's Minister of Economic Development, Marton Nagy, inflation in Hungary could peak at an annualised rate

Economy

Economy to lose €9.8bn due to energy sanctions: PM

Hungary's economy may lose up to 4,000 billion Forints (€9.8 billion) due to soaring energy prices, according to Prime Minister Viktor Orbán.

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