Govt Earmarks EUR 160 Million for Óbuda University Innovation Parks The government has allocated 57.5 billion forints (EUR 160m) to set up three science and innovation parks to be run... 2022.03.26.
Foundation Stone Laid for Richter’s New Head Office Building The foundation stone of Richter Gedeon Nyrt.'s new head office building was laid on Tuesday in Budapest. The 17,400 square... 2022.03.23.
Defense Industry Production to Start in Kaposvár Forty Gidran armoured tactical vehicles produced in Turkey will be equipped with radio and electro-technical devices in Kaposvár, and parts... 2022.03.20.
Finance Minister: Traffic at Hungary-Ukraine Border Crossings Undisturbed Refugees can enter securely and humanely while aid shipments leave with priority handling at Hungary-Ukraine border crossings, Finance Minister Mihály... 2022.03.13.
Finance Minister: Forint “Victim of Brussels Sanctions” Hungary's currency has become a victim of Brussels's sanctions, which have caused substantial damage to the Hungarian economy, Finance Minister... 2022.03.07.
Gov’t Buys Significant Stake in Aegon Insurance Company Shortly after Vetoing Acquisition The European Commission has concluded that Hungary's decision to veto the acquisition of the Hungarian subsidiaries of the AEGON Group... 2022.02.23.
Hungary Issues EUR 575 Million of Samurai Bonds Hungary has successfully issued 575 million euros' worth of government bonds on the Japanese market with favourable interest rates, Finance... 2022.02.18.
Hungary GDP Growth 7.1% in 2021 Hungarian economic output grew by an annual 7.2 percent in the fourth quarter, bringing full-year growth to 7.1 percent, the... 2022.02.15.
Finance Minister: Fitch Sees Successful Relaunch of Hungary’s Economy The relaunch of Hungary's economy has gone successfully in the assessment of Fitch Ratings, which recently confirmed Hungary's credit rating,... 2022.01.29.
Film Productions in Hungary Generated Revenue of over EUR 555 Million Last Year, says FinMin Finance Minister Mihály Varga has visited the set of a "Hollywood superproduction" Slingshot at the Korda Studios on the outskirts... 2022.01.26.
Finance Minister: Hungary Wage Costs Cut the Most in EU Over the past decade, Hungary has reduced wage-related costs to the greatest extent in the European Union, Finance Minister Mihály... 2022.01.26.
EC: EU Funds to Hungary Withheld Due to Need to Strengthen Anti-Corruption Framework As we have reported before, the European Union made the decision to withhold Poland and Hungary’s coronavirus recovery funding. Several... 2022.01.26.
Finance Minister Commends Swiss Companies’ Contribution to Economy Finance Minister Mihály Varga has met with his Swiss counterpart Ueli Maurer in Bern, the Finance Ministry said on Friday.... 2022.01.22.
Government Reserves Reach Alarming Low after Huge Year-end Spending Stocks of government deposits at the Central Bank fell significantly once again in December, with reserves dropping to just HUF... 2022.01.19.
Finance Minister: EU Withholding Hungary Recovery Funds for Political Reasons The European Union's decision to withhold Poland and Hungary's coronavirus recovery funding "clearly is politically motivated", Hungarian Finance Minister Mihály... 2022.01.18.
FinMin: Gov’t Mortgage Rate Freeze to Save Families HUF 30 bn The government freeze of rates on retail mortgage loans in place for the first half of 2022 will save Hungarian... 2022.01.17.
World Bank Forecasts 5% Hungary Growth in 2022 Hungary's economy is forecast to grow by 5 percent this year, according to the World Bank, which raised its June... 2022.01.12.
Finance Minister: Gov’t Running ‘Disciplined Budget’ Hungary's government is running a disciplined, tight budget, Mihály Varga, the finance minister, said in an interview to public radio... 2022.01.10.
Finance Minister: Credit Rating Agencies Upbeat on Hungary’s Economy Hungary ended 2021 with investment grade status from all three major credit rating agencies, Finance Minister Mihály Varga said on... 2022.01.03.
Public Debt Set to Decline, Finance Minister Says Mihály Varga, in an interview with pro-Fidesz daily Magyar Nemzet, said there is a high chance that Hungary's public debt... 2021.12.31.
FinMin: Govt to Allocate HUF 25 Bn to Investment Support Programme in 2022 The government's investment support programme for large companies will continue in 2022 with a 25 billion forint (EUR 67.6 million)... 2021.12.30.
