Tech

Telco

BUX slides, but outperforms

The Budapest Stock Exchangeʼs main BUX index finished down 0.37% at 20,610.76 Thursday after slipping 0.15% Wednesday. It is up...

Telco

MNB revises 2016 deficit forecast in line with budget target

The National Bank of Hungary revised its projection for next yearʼs general government deficit to 2.0% of GDP in its...

Telco

BUX corrects up, then down

The Budapest Stock Exchangeʼs main BUX index finished down 0.15% at 20,687.22 Wednesday after plunging 2.45% Tuesday. It is up...

Telco

MNB: Hungaryʼs net external financing capacity at 10% of GDP in Q2

Adjusted for seasonal effects, Hungaryʼs net external financing capacity was €2.685 bln or 10% of quarterly GDP in the second...

Telco

MNB lowers 2015 forecasts: Inflation 0%, GDP growth 3.2%

The National Bank of Hungary has lowered its inflation forecast for 2015 to 0.0% from 0.3% in its fresh quarterly...

Telco

BUX follows global markets downwards

The Budapest Stock Exchangeʼs main BUX index finished down 2.45% at 20,717.92 Tuesday after rising 0.57% Monday. It is up...

Telco

MNB fines former Széchenyi Bank executives

The National Bank of Hungary (MNB) said today it fined former executives of Széchenyi Bank a combined HUF 76 mln...

Telco

Austrian Hirtenberger completes HUF 840 mln capacity expansion in Hungary

Austrian-owned Hirtenberger Automotive Safety Hungary has completed a  HUF 840 mln capacity expansion at its base in Pápa. northwestern Hungary,...

Telco

Government to allocate HUF 60 bln to migrant crisis

The Hungarian government will amend this yearʼs budget to double the allocation for managing the migrant crisis to HUF 60...

Telco

Mátrai Erőmű reopens lignite mine

Power plant company Mátrai Erőmű has reopened its lignite mine near Detk, northeastern Hungary, chairman Bernhardt Luschper said yesterday, according...

Telco

Spending via recreation vouchers reaches double-digit growth

Hungariansʼ spending with recreational vouchers showed double-digit growth this past summer, the issuers of SZÉP voucher cards told Hungarian news...

Telco

BUX improves as markets digest Fed

The Budapest Stock Exchangeʼs main BUX index finished up 0.57% at 21,238.83 Monday after rising 0.37% Friday. It is up...

Telco

Hungary’s tax office owes taxpayers HUF 1 tln in refunds

Hungaryʼs National Tax and Customs Authority (NAV), at the end of August, owed Hungarian taxpayers approximately HUF 1 trillion in...

Telco

General government deficit reaches 103% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 914.9 bln at the end of August, or 102.5% of...

Telco

Mayor: Congestion charge unavoidable

The introduction of a congestion charge in Budapest to fund the cityʼs public transport is unavoidable, Mayor István Tarlós said...

Telco

BUX slides, but outperforms

The Budapest Stock Exchangeʼs main BUX index finished down 0.37% at 20,610.76 Thursday after slipping 0.15% Wednesday. It is up...

Telco

MNB revises 2016 deficit forecast in line with budget target

The National Bank of Hungary revised its projection for next yearʼs general government deficit to 2.0% of GDP in its...

Telco

BUX corrects up, then down

The Budapest Stock Exchangeʼs main BUX index finished down 0.15% at 20,687.22 Wednesday after plunging 2.45% Tuesday. It is up...

Telco

MNB: Hungaryʼs net external financing capacity at 10% of GDP in Q2

Adjusted for seasonal effects, Hungaryʼs net external financing capacity was €2.685 bln or 10% of quarterly GDP in the second...

Telco

MNB lowers 2015 forecasts: Inflation 0%, GDP growth 3.2%

The National Bank of Hungary has lowered its inflation forecast for 2015 to 0.0% from 0.3% in its fresh quarterly...

Telco

BUX follows global markets downwards

The Budapest Stock Exchangeʼs main BUX index finished down 2.45% at 20,717.92 Tuesday after rising 0.57% Monday. It is up...

Telco

MNB fines former Széchenyi Bank executives

The National Bank of Hungary (MNB) said today it fined former executives of Széchenyi Bank a combined HUF 76 mln...

Telco

Austrian Hirtenberger completes HUF 840 mln capacity expansion in Hungary

Austrian-owned Hirtenberger Automotive Safety Hungary has completed a  HUF 840 mln capacity expansion at its base in Pápa. northwestern Hungary,...

Telco

Government to allocate HUF 60 bln to migrant crisis

The Hungarian government will amend this yearʼs budget to double the allocation for managing the migrant crisis to HUF 60...

Telco

Mátrai Erőmű reopens lignite mine

Power plant company Mátrai Erőmű has reopened its lignite mine near Detk, northeastern Hungary, chairman Bernhardt Luschper said yesterday, according...

Telco

Spending via recreation vouchers reaches double-digit growth

Hungariansʼ spending with recreational vouchers showed double-digit growth this past summer, the issuers of SZÉP voucher cards told Hungarian news...

Telco

BUX improves as markets digest Fed

The Budapest Stock Exchangeʼs main BUX index finished up 0.57% at 21,238.83 Monday after rising 0.37% Friday. It is up...

Telco

Hungary’s tax office owes taxpayers HUF 1 tln in refunds

Hungaryʼs National Tax and Customs Authority (NAV), at the end of August, owed Hungarian taxpayers approximately HUF 1 trillion in...

Telco

General government deficit reaches 103% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 914.9 bln at the end of August, or 102.5% of...

Telco

Mayor: Congestion charge unavoidable

The introduction of a congestion charge in Budapest to fund the cityʼs public transport is unavoidable, Mayor István Tarlós said...

BUX slides, but outperforms

The Budapest Stock Exchangeʼs main BUX index finished down 0.37% at 20,610.76 Thursday after slipping 0.15% Wednesday. It is up...

MNB revises 2016 deficit forecast in line with budget target

The National Bank of Hungary revised its projection for next yearʼs general government deficit to 2.0% of GDP in its...

BUX corrects up, then down

The Budapest Stock Exchangeʼs main BUX index finished down 0.15% at 20,687.22 Wednesday after plunging 2.45% Tuesday. It is up...

MNB: Hungaryʼs net external financing capacity at 10% of GDP in Q2

Adjusted for seasonal effects, Hungaryʼs net external financing capacity was €2.685 bln or 10% of quarterly GDP in the second...

MNB lowers 2015 forecasts: Inflation 0%, GDP growth 3.2%

The National Bank of Hungary has lowered its inflation forecast for 2015 to 0.0% from 0.3% in its fresh quarterly...

BUX follows global markets downwards

The Budapest Stock Exchangeʼs main BUX index finished down 2.45% at 20,717.92 Tuesday after rising 0.57% Monday. It is up...

MNB fines former Széchenyi Bank executives

The National Bank of Hungary (MNB) said today it fined former executives of Széchenyi Bank a combined HUF 76 mln...

Austrian Hirtenberger completes HUF 840 mln capacity expansion in Hungary

Austrian-owned Hirtenberger Automotive Safety Hungary has completed a  HUF 840 mln capacity expansion at its base in Pápa. northwestern Hungary,...

Government to allocate HUF 60 bln to migrant crisis

The Hungarian government will amend this yearʼs budget to double the allocation for managing the migrant crisis to HUF 60...

Mátrai Erőmű reopens lignite mine

Power plant company Mátrai Erőmű has reopened its lignite mine near Detk, northeastern Hungary, chairman Bernhardt Luschper said yesterday, according...

Spending via recreation vouchers reaches double-digit growth

Hungariansʼ spending with recreational vouchers showed double-digit growth this past summer, the issuers of SZÉP voucher cards told Hungarian news...

BUX improves as markets digest Fed

The Budapest Stock Exchangeʼs main BUX index finished up 0.57% at 21,238.83 Monday after rising 0.37% Friday. It is up...

Hungary’s tax office owes taxpayers HUF 1 tln in refunds

Hungaryʼs National Tax and Customs Authority (NAV), at the end of August, owed Hungarian taxpayers approximately HUF 1 trillion in...

General government deficit reaches 103% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 914.9 bln at the end of August, or 102.5% of...

Mayor: Congestion charge unavoidable

The introduction of a congestion charge in Budapest to fund the cityʼs public transport is unavoidable, Mayor István Tarlós said...