Tech

Telco

Corporate lending by Hungarian banks up in November

The corporate lending stock of Hungarian banks rose in November from the previous month mainly due to transactions, show fresh...

Telco

General govʼt runs 0.4%-of-GDP deficit in Q1-Q3

The deficit of the general government sector in the first three quarters of 2018 was HUF 110 billion, representing 0.4%...

Telco

Mészáros becomes richest Hungarian

Government-connected oligarch Lőrinc Mészáros tops Forbesʼ latest list of the 50 richest Hungarians with total assets amounting to HUF 381.3...

Telco

Tourism Agency announces HUF 40 bln of developments

Zoltán Guller, CEO of the Hungarian Tourism Agency (MTÜ), announced tourism programs worth HUF 40 billion in four prioritized areas...

Telco

Govʼt earmarks HUF 53 bln for cycle path developments

Hungaryʼs government has earmarked almost HUF 53 billion in funding for the development of bicycle paths in 2018-2021, says a...

Telco

Wage growth 10.8% in October

Gross wage growth in Hungary climbed 10.8% year-on-year in October, the Central Statistical Office (KSH) said on Thursday. In absolute...

Telco

OTP Bank signs deal to buy Société Généraleʼs Serbian unit

OTP Bank on Thursday said it signed an agreement to acquire Société Générale Banka Srbija, Serbiaʼs fourth biggest lender, from...

Telco

Hungarian internet subscription numbers near 10 mln

The number of internet subscriptions in Hungary rose by 4.5% in the third quarter of 2018, compared to the corresponding...

Telco

MFB raises SME credit program limit, extends deadline

The state-owned Hungarian Development Bank (MFB) has raised the limit of its SME credit program "Penzügyi Vállalkozás Refinanszírozasi Konstrukció II"...

Telco

Hungarian banking sector liquidity up in November

Forint liquidity of Hungaryʼs banking sector rose in November from a month earlier, which was mainly reflected in the increase...

Telco

MNB FX swap stock remains around HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.988 trillion...

Telco

Impasse over minimum wage persists; overtime demo ahead

Employers and unions failed to reach an agreement on next yearʼs minimum wage rises at a meeting on Thursday, according...

Telco

EU pre-financing lifts deficit to 135% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,842.4 bln deficit at the end of November, the...

Telco

Hungarian banking sector profit falls 12% in Q1-Q3

Combined after-tax profits of Hungaryʼs banking sector fell 12% year-on-year to HUF 425 billion in the first three quarters of...

Telco

MTA makes plea for full research funding

The Hungarian Academy of Sciences (MTA) is asking Minister for Innovation and Technology Lászlo Palkovics not to withhold funding for...

Telco

Corporate lending by Hungarian banks up in November

The corporate lending stock of Hungarian banks rose in November from the previous month mainly due to transactions, show fresh...

Telco

General govʼt runs 0.4%-of-GDP deficit in Q1-Q3

The deficit of the general government sector in the first three quarters of 2018 was HUF 110 billion, representing 0.4%...

Telco

Mészáros becomes richest Hungarian

Government-connected oligarch Lőrinc Mészáros tops Forbesʼ latest list of the 50 richest Hungarians with total assets amounting to HUF 381.3...

Telco

Tourism Agency announces HUF 40 bln of developments

Zoltán Guller, CEO of the Hungarian Tourism Agency (MTÜ), announced tourism programs worth HUF 40 billion in four prioritized areas...

Telco

Govʼt earmarks HUF 53 bln for cycle path developments

Hungaryʼs government has earmarked almost HUF 53 billion in funding for the development of bicycle paths in 2018-2021, says a...

Telco

Wage growth 10.8% in October

Gross wage growth in Hungary climbed 10.8% year-on-year in October, the Central Statistical Office (KSH) said on Thursday. In absolute...

Telco

OTP Bank signs deal to buy Société Généraleʼs Serbian unit

OTP Bank on Thursday said it signed an agreement to acquire Société Générale Banka Srbija, Serbiaʼs fourth biggest lender, from...

Telco

Hungarian internet subscription numbers near 10 mln

The number of internet subscriptions in Hungary rose by 4.5% in the third quarter of 2018, compared to the corresponding...

Telco

MFB raises SME credit program limit, extends deadline

The state-owned Hungarian Development Bank (MFB) has raised the limit of its SME credit program "Penzügyi Vállalkozás Refinanszírozasi Konstrukció II"...

Telco

Hungarian banking sector liquidity up in November

Forint liquidity of Hungaryʼs banking sector rose in November from a month earlier, which was mainly reflected in the increase...

Telco

MNB FX swap stock remains around HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.988 trillion...

Telco

Impasse over minimum wage persists; overtime demo ahead

Employers and unions failed to reach an agreement on next yearʼs minimum wage rises at a meeting on Thursday, according...

Telco

EU pre-financing lifts deficit to 135% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,842.4 bln deficit at the end of November, the...

Telco

Hungarian banking sector profit falls 12% in Q1-Q3

Combined after-tax profits of Hungaryʼs banking sector fell 12% year-on-year to HUF 425 billion in the first three quarters of...

Telco

MTA makes plea for full research funding

The Hungarian Academy of Sciences (MTA) is asking Minister for Innovation and Technology Lászlo Palkovics not to withhold funding for...

Corporate lending by Hungarian banks up in November

The corporate lending stock of Hungarian banks rose in November from the previous month mainly due to transactions, show fresh...

General govʼt runs 0.4%-of-GDP deficit in Q1-Q3

The deficit of the general government sector in the first three quarters of 2018 was HUF 110 billion, representing 0.4%...

Mészáros becomes richest Hungarian

Government-connected oligarch Lőrinc Mészáros tops Forbesʼ latest list of the 50 richest Hungarians with total assets amounting to HUF 381.3...

Tourism Agency announces HUF 40 bln of developments

Zoltán Guller, CEO of the Hungarian Tourism Agency (MTÜ), announced tourism programs worth HUF 40 billion in four prioritized areas...

Govʼt earmarks HUF 53 bln for cycle path developments

Hungaryʼs government has earmarked almost HUF 53 billion in funding for the development of bicycle paths in 2018-2021, says a...

Wage growth 10.8% in October

Gross wage growth in Hungary climbed 10.8% year-on-year in October, the Central Statistical Office (KSH) said on Thursday. In absolute...

OTP Bank signs deal to buy Société Généraleʼs Serbian unit

OTP Bank on Thursday said it signed an agreement to acquire Société Générale Banka Srbija, Serbiaʼs fourth biggest lender, from...

Hungarian internet subscription numbers near 10 mln

The number of internet subscriptions in Hungary rose by 4.5% in the third quarter of 2018, compared to the corresponding...

MFB raises SME credit program limit, extends deadline

The state-owned Hungarian Development Bank (MFB) has raised the limit of its SME credit program "Penzügyi Vállalkozás Refinanszírozasi Konstrukció II"...

Hungarian banking sector liquidity up in November

Forint liquidity of Hungaryʼs banking sector rose in November from a month earlier, which was mainly reflected in the increase...

MNB FX swap stock remains around HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.988 trillion...

Impasse over minimum wage persists; overtime demo ahead

Employers and unions failed to reach an agreement on next yearʼs minimum wage rises at a meeting on Thursday, according...

EU pre-financing lifts deficit to 135% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,842.4 bln deficit at the end of November, the...

Hungarian banking sector profit falls 12% in Q1-Q3

Combined after-tax profits of Hungaryʼs banking sector fell 12% year-on-year to HUF 425 billion in the first three quarters of...

MTA makes plea for full research funding

The Hungarian Academy of Sciences (MTA) is asking Minister for Innovation and Technology Lászlo Palkovics not to withhold funding for...