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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

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.

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

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.

Markets

Hungary's trade surplus rises to €665 million

The trade surplus in Hungary hit €665 million in August, an increase from €559 million in the previous month.

Markets

Mortgage moratorium to be extended until 2024

Poland's government has set out a draft bill extending a mortgage moratorium until the end of 2024, aimed at helping borrowers tackle high interest rates.

Markets

Stable growth forecast in Hungary in 2024: Fitch

Fitch Ratings forecasts Hungary’s economy will grow steadily from 2024, helping it to lower the public debt ratio. 

Markets

Poland's central bank unveils 75bp rate cut

The Polish central bank lowered its main interest rate by 75 basis points on Wednesday to 6.00%, sending the Zloty plummeting against the Euro.

Markets

Hungary prepares for likely 2023 budget revision

The Hungarian government will make a decision about any modifications to the 2023 budget following Q3 economic data, according to Prime Minister Viktor Orban's chief of staff.

Markets

Hungary forecasts rising GDP and falling deficit in 2024

Hungary’s government forecasts most of the country’s economic indicators will be favourable in 2024, which next year’s budget is based on

Markets

Value of Poland's goods and services to UN hits record high

Poland provided the United Nations with goods and services at an all-time high value of $71.71 million in 2022, compared to $4.86 million the year before, according to the development ministry.

Markets

Hungary’s govt. forecasts wider budget deficit

Retail sales plummeted in Hungary by 12.3% in May, whilst industry output declined more than forecast, indicating an economic slump

Markets

Hungary's trade surplus rises to €665 million

The trade surplus in Hungary hit €665 million in August, an increase from €559 million in the previous month.

Markets

Mortgage moratorium to be extended until 2024

Poland's government has set out a draft bill extending a mortgage moratorium until the end of 2024, aimed at helping borrowers tackle high interest rates.

Markets

Stable growth forecast in Hungary in 2024: Fitch

Fitch Ratings forecasts Hungary’s economy will grow steadily from 2024, helping it to lower the public debt ratio. 

Markets

Poland's central bank unveils 75bp rate cut

The Polish central bank lowered its main interest rate by 75 basis points on Wednesday to 6.00%, sending the Zloty plummeting against the Euro.

Markets

Hungary prepares for likely 2023 budget revision

The Hungarian government will make a decision about any modifications to the 2023 budget following Q3 economic data, according to Prime Minister Viktor Orban's chief of staff.

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