Finance

Banking

Hungary’s Tax System Stable but Administration-heavy

Although the administrative side of the Hungarian taxation system might be daunting, the local tax environment is stable, Róbert Heinczinger,...

Banking

Tax Evasion no Longer a National Sport, but More Must be Done

Efforts to make taxation in Hungary more transparent and, as a result, reduce tax fraud has brought some good results...

MNB

Core Inflation on the Rise, all Eyes on Rate-setters

With the latest inflation data having been released by the Central Statistical Office (KSH), we could see the start of...

Debt

ÁKK reverse auction bond buyback exceeds plan

The Government Debt Management Agency (ÁKK) bought back a combined HUF 23.73 billion of bonds expiring in 2019 or 2020...

MNB

Orbán to propose Matolcsy for another term as MNB chief

Prime Minister Viktor Orbán will propose György Matolcsy for a second term as governor of the National Bank of Hungary...

Debt

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25 billion of discount three-month T-bills at auction on Tuesday, in line...

Banking

NAV to issue certificates for payroll tax exemptions

Hungaryʼs National Tax and Customs Administration (NAV) will start sending businesses certificates for employees eligible for payroll tax preferences on...

MNB

Trade surplus HUF 6 bln in 2018, down a quarter y-o-y

The surplus of external trade in goods was EUR 398 million in the month of December, the Central Statistical Office...

Debt

ÁKK sells HUF 39.0 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 39.0 billion of securities at auction on Thursday, HUF 3.0...

Debt

ÁKK bond switch auction goes to plan

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2028, accepting bonds expiring...

Banking

Stockpiling before tax change lifts Zwack profit 33%

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, rose 33% year-on-year to HUF 3.3 billion in Q1-Q3 of the...

Ratings

IIB board decides to relocate headquarters to Budapest

The board of governors of the currently Moscow-based International Investment Bank (IIB) took a unanimous decision at a meeting on...

MNB

Wabererʼs seeking EUR 47.8 mln from vehicle maker cartel members

Hungarian road haulage company Wabererʼs on Tuesday announced the scale of damages it is seeking from members of a vehicle...

Debt

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

EUR 1.8 bln Invested in Property in 2018

Real estate investment volume for Hungary in 2018 was close to EUR 1.8 billion, reflecting a third consecutive year of...

Banking

Hungary’s Tax System Stable but Administration-heavy

Although the administrative side of the Hungarian taxation system might be daunting, the local tax environment is stable, Róbert Heinczinger,...

Banking

Tax Evasion no Longer a National Sport, but More Must be Done

Efforts to make taxation in Hungary more transparent and, as a result, reduce tax fraud has brought some good results...

MNB

Core Inflation on the Rise, all Eyes on Rate-setters

With the latest inflation data having been released by the Central Statistical Office (KSH), we could see the start of...

Debt

ÁKK reverse auction bond buyback exceeds plan

The Government Debt Management Agency (ÁKK) bought back a combined HUF 23.73 billion of bonds expiring in 2019 or 2020...

MNB

Orbán to propose Matolcsy for another term as MNB chief

Prime Minister Viktor Orbán will propose György Matolcsy for a second term as governor of the National Bank of Hungary...

Debt

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25 billion of discount three-month T-bills at auction on Tuesday, in line...

Banking

NAV to issue certificates for payroll tax exemptions

Hungaryʼs National Tax and Customs Administration (NAV) will start sending businesses certificates for employees eligible for payroll tax preferences on...

MNB

Trade surplus HUF 6 bln in 2018, down a quarter y-o-y

The surplus of external trade in goods was EUR 398 million in the month of December, the Central Statistical Office...

Debt

ÁKK sells HUF 39.0 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 39.0 billion of securities at auction on Thursday, HUF 3.0...

Debt

ÁKK bond switch auction goes to plan

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2028, accepting bonds expiring...

Banking

Stockpiling before tax change lifts Zwack profit 33%

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, rose 33% year-on-year to HUF 3.3 billion in Q1-Q3 of the...

Ratings

IIB board decides to relocate headquarters to Budapest

The board of governors of the currently Moscow-based International Investment Bank (IIB) took a unanimous decision at a meeting on...

MNB

Wabererʼs seeking EUR 47.8 mln from vehicle maker cartel members

Hungarian road haulage company Wabererʼs on Tuesday announced the scale of damages it is seeking from members of a vehicle...

Debt

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

EUR 1.8 bln Invested in Property in 2018

Real estate investment volume for Hungary in 2018 was close to EUR 1.8 billion, reflecting a third consecutive year of...

Hungary’s Tax System Stable but Administration-heavy

Although the administrative side of the Hungarian taxation system might be daunting, the local tax environment is stable, Róbert Heinczinger,...

Tax Evasion no Longer a National Sport, but More Must be Done

Efforts to make taxation in Hungary more transparent and, as a result, reduce tax fraud has brought some good results...

Core Inflation on the Rise, all Eyes on Rate-setters

With the latest inflation data having been released by the Central Statistical Office (KSH), we could see the start of...

ÁKK reverse auction bond buyback exceeds plan

The Government Debt Management Agency (ÁKK) bought back a combined HUF 23.73 billion of bonds expiring in 2019 or 2020...

Orbán to propose Matolcsy for another term as MNB chief

Prime Minister Viktor Orbán will propose György Matolcsy for a second term as governor of the National Bank of Hungary...

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25 billion of discount three-month T-bills at auction on Tuesday, in line...

NAV to issue certificates for payroll tax exemptions

Hungaryʼs National Tax and Customs Administration (NAV) will start sending businesses certificates for employees eligible for payroll tax preferences on...

Trade surplus HUF 6 bln in 2018, down a quarter y-o-y

The surplus of external trade in goods was EUR 398 million in the month of December, the Central Statistical Office...

ÁKK sells HUF 39.0 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 39.0 billion of securities at auction on Thursday, HUF 3.0...

ÁKK bond switch auction goes to plan

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2028, accepting bonds expiring...

Stockpiling before tax change lifts Zwack profit 33%

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, rose 33% year-on-year to HUF 3.3 billion in Q1-Q3 of the...

IIB board decides to relocate headquarters to Budapest

The board of governors of the currently Moscow-based International Investment Bank (IIB) took a unanimous decision at a meeting on...

Wabererʼs seeking EUR 47.8 mln from vehicle maker cartel members

Hungarian road haulage company Wabererʼs on Tuesday announced the scale of damages it is seeking from members of a vehicle...

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line...

EUR 1.8 bln Invested in Property in 2018

Real estate investment volume for Hungary in 2018 was close to EUR 1.8 billion, reflecting a third consecutive year of...