News

Hungary's central bank left its base rate steady at the European Union's joint-highest 6.5% level on Tuesday for the eleventh ...
With prices up 50% since 2020, Hungarian consumer spending has ground to a halt. The government's gamble on an industrial ...
Hungary's budget deficit has averaged nearly 7% of gross domestic product since the COVID-19 pandemic, and ratings agency Moody's projects the shortfall at 5.5% of GDP this year even after recent ...
Briefly put, if self-adoration was painful, this man would probably be screaming in agony. On Sunday, President Zelensky said ...
Hungary's central bank is expected to leave its base rate steady at 6.5% for the 11th consecutive month on Tuesday despite a ...
Hungary’s annual economic growth will be “close to zero” in the third quarter, Economy Minister Marton Nagy said, in the latest sign that the country’s downturn is deeper than previously ...
The Heritage Foundation’s latest Index of Economic Freedom once again rates Hungary’s economy as “moderately free.” Greater economic freedom -- and the stronger economic growth associated ...
Hungary's economy is set to contract for several quarters from the end of this year, with growth only expected to return in late-2023, based on a forecast presented by Finance Minister Mihaly ...
BUDAPEST (Reuters) - Hungary's economic growth this year is likely to come in between 2% and 3%, below the official government forecast of 3.4%, Prime Minister Viktor Orban's chief of staff said ...
BUDAPEST, Dec 6 (Reuters) - Hungary's industrial output fell more than expected in October while calendar-adjusted retail sales dropped by an annual 6.5%, suggesting the economy remains fragile as ...
Yet, Hungary still faces tough economic challenges - and risks - that market participants may not fully appreciate. If its government does not successfully address key fiscal and monetary reform ...