|  NEWS

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,

posted on 06.02.2023

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.

posted on 24.10.2022

Markets

Utility price cuts and defence feature in 2023 budget

Utility price reductions and spending on defence will feature within the economic policy in Hungary’s 2023 budget, as presented by the country’s Finance Minister, Mihály Varga.

posted on 23.06.2022

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,

posted on 06.02.2023

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.

posted on 24.10.2022

Markets

Utility price cuts and defence feature in 2023 budget

Utility price reductions and spending on defence will feature within the economic policy in Hungary’s 2023 budget, as presented by the country’s Finance Minister, Mihály Varga.

posted on 23.06.2022

Markets

Govt. allocates €1.7bn to safeguard against utility price hikes

The Hungarian government submitted the draft budget to parliament this week which includes a 670 billion Forint (€1.7 billion) fund to help protect people from gas and electricity price hikes.

posted on 10.06.2022

Markets

Hungary’s new President “condemns Putin's aggression”

During her inauguration ceremony on Saturday, Hungarian President Katalin Novak condemned the war in Ukraine and said she would be travelling to Poland for her first trip, in a bid to repair relations with Warsaw.

posted on 16.05.2022

Markets

National Bank of Poland hikes rates

Poland’s Monetary Policy Council (RPP) increased the reference interest rate by 75 basis points to 5.25% on Thursday.

posted on 06.05.2022

Markets

Hungary to pay for Russian gas in Roubles

Hungary is planning to pay for gas from Russia in Euros via Gazprombank, which will be converted into Roubles, according to Foreign Minister Peter Szijjarto.

posted on 12.04.2022

Markets

Hungary’s central bank hikes one-week deposit rate to 6.15%

The Hungarian Central Bank increased its one-week deposit rate NBHK to 6.15%, by 30 basis points, on Thursday, prolonging its rate-tightening policy as inflation pressures continue.

posted on 25.03.2022

Markets

Hungarian National Bank ready to intervene to protect economic stability

Hungary’s central bank has stated it will intervene to safeguard the stability of the domestic financial markets if required, after the currency and stock market plummeted. 

posted on 02.03.2022

Markets

Hungary’s opposition seeks to unlock EU recovery funds

Leader of Hungary’s opposition Peter Marki-Zay is hopeful a crackdown on corruption and joining the European Public Prosecutor's Office will release EU recovery

posted on 10.02.2022

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.

posted on 26.01.2022

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,

posted on 06.02.2023

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.

posted on 24.10.2022

Markets

Utility price cuts and defence feature in 2023 budget

Utility price reductions and spending on defence will feature within the economic policy in Hungary’s 2023 budget, as presented by the country’s Finance Minister, Mihály Varga.

posted on 23.06.2022

Markets

Govt. allocates €1.7bn to safeguard against utility price hikes

The Hungarian government submitted the draft budget to parliament this week which includes a 670 billion Forint (€1.7 billion) fund to help protect people from gas and electricity price hikes.

posted on 10.06.2022

Markets

Hungary’s new President “condemns Putin's aggression”

During her inauguration ceremony on Saturday, Hungarian President Katalin Novak condemned the war in Ukraine and said she would be travelling to Poland for her first trip, in a bid to repair relations with Warsaw.

posted on 16.05.2022

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Hungary’s retail sales fall on inflation impact

Protests in Budapest against Orban’s government

Utility price cuts and defence feature in 2023 budget

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