|  NEWS

Economy

Clash reignites between Hungary’s economy minister and central bank governor

A clash between Hungary's economy minister and the central bank governor reignited on Tuesday after a brief ceasefire, with the minister accusing the bank of being uncooperative regarding economic strategy.

Markets

Polish GDP growth up 1.3% in Q1

Poland’s GDP grew 1.3% year-on-year in Q1, marginally easing from a gain of 1.6% year-on-year in the fourth quarter of last year.

Economy

Hungary’s industrial sector falls more than forecast

Data published on Wednesday revealed that Hungary's industrial sector is facing challenges in its recovery, leaving the domestic consumer sector to lead growth and offer crucial support for public finances.

Economy

Clash reignites between Hungary’s economy minister and central bank governor

A clash between Hungary's economy minister and the central bank governor reignited on Tuesday after a brief ceasefire, with the minister accusing the bank of being uncooperative regarding economic strategy.

Markets

Polish GDP growth up 1.3% in Q1

Poland’s GDP grew 1.3% year-on-year in Q1, marginally easing from a gain of 1.6% year-on-year in the fourth quarter of last year.

Economy

Hungary’s industrial sector falls more than forecast

Data published on Wednesday revealed that Hungary's industrial sector is facing challenges in its recovery, leaving the domestic consumer sector to lead growth and offer crucial support for public finances.

Markets

Poland working on "maximum transparency" as debt servicing costs rise

Poland is working on increasing the transparency of its public finances as debt servicing costs mount.

Economy

National Bank cuts rates by 50bps to 7.75%

​​​​​​​The Hungarian National Bank’s Monetary Council (MNB) has lowered the base rate by 50 basis points (bps) to 7.75% in line with forecasts.

Economy

Polish economy grows 0.2% in 2023

Poland’s economy grew by 0.2% last year, following growth of 5.6% in 2022, according to the latest findings by the country’s statistics office published on Thursday.

Economy

Hungary's central bank says stability needed to curb inflation

Financial market stability is key to inflation returning to the medium-term target due to the stronger effect of exchange rates on consumer prices.

Economy

Poland's central bank keeps rates unchanged

The Polish central bank kept interest rates on hold on Thursday for the sixth consecutive month, as the majority of policymakers forecast the steep inflation slowdown to be temporary.

Economy

NBH cuts Hungary's base rate to 8.25%

The National Bank of Hungary (NBH) slashed its base rate by 75 basis points on Tuesday to 8.25%.

Economy

Poland’s retail sales rise in February

Retail sales in Poland increased more than analysts’ forecasts last month, indicating consumption will be the principal driver of growth in the country’s economy this year.

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

Markets

Poland working on "maximum transparency" as debt servicing costs rise

Poland is working on increasing the transparency of its public finances as debt servicing costs mount.

Economy

National Bank cuts rates by 50bps to 7.75%

​​​​​​​The Hungarian National Bank’s Monetary Council (MNB) has lowered the base rate by 50 basis points (bps) to 7.75% in line with forecasts.

Economy

Polish economy grows 0.2% in 2023

Poland’s economy grew by 0.2% last year, following growth of 5.6% in 2022, according to the latest findings by the country’s statistics office published on Thursday.

Economy

Hungary's central bank says stability needed to curb inflation

Financial market stability is key to inflation returning to the medium-term target due to the stronger effect of exchange rates on consumer prices.

Economy

Poland's central bank keeps rates unchanged

The Polish central bank kept interest rates on hold on Thursday for the sixth consecutive month, as the majority of policymakers forecast the steep inflation slowdown to be temporary.

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