Finance

MNB

EU transfers to Hungary reach EUR 4.4 bln in 2018

Transfers to Hungary of European Union development funding came to EUR 4.4 billion last year, or more than HUF 1.4...

MNB

World Bankʼs 2019 GDP forecast well below govʼt prediction

The World Bank forecasts Hungaryʼs GDP growth for 2019 to reach 3.2%, almost a whole percentage point under the Hungarian...

MNB

Trade surplus shrinks to EUR 496 mln in November

The surplus in the external trade in goods amounted to EUR 496 million in November 2018, with exports increasing by...

Ratings

Strong growth but structural challenges in CEE: Moodyʼs

Moodyʼs Investors Service has released a report about the CEE regionʼs economic outlook for the year 2019, saying that the...

Debt

ÁKK sells HUF 49 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 49.0 billion of securities at auction on Thursday, raising its...

MNB

MNB to tighten mortgage adequacy ratio

The Mortgage Funding Adequacy Ratio (MFAR), requiring lenders to back at least 20% of their net mortgage loans with long-term...

Debt

ÁKK switch auction bond sales fall short of plan

The Government Debt Management Agency (ÁKK) sold HUF 37.50 billion of bonds maturing in 2026 and 2028, accepting bonds expiring...

Debt

ÁKK sells HUF 40 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

MNB intʼl reserves up EUR 2.69 bln in December

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 27.403 billion at the end of December, up EUR...

Debt

ÁKK sells HUF 88.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a total of HUF 88.5 billion of bonds at auction on Thursday, raising...

MNB

Hungary plans no intʼl FX bond issues in 2019

Hungary plans no FX bond issues on international markets in 2019, the Government Debt Management Agency (ÁKK) said in a...

Debt

Sales fall short of plan at first ÁKK auction of 2019

The Government Debt Management Agency (ÁKK) sold HUF 40.0 billion of discount three-month T-bills at the first auction of the...

Banking

Last-minute agreement reached on minimum wage

Hungarian employers and unions reached agreement on minimum wage increases on Sunday, December 30, a day before the deadline. The...

MNB

State debt ratio falls to 72.4% at end of Q3

Hungaryʼs state debt as a percentage of GDP reached 72.4% at the end of the third quarter of 2018, revised...

Debt

ÁKK cuts T-bill sales at last auction of 2018

The Government Debt Management Agency (ÁKK) sold a combined HUF 72 billion of three and 12-month discount T-bills at its...

MNB

EU transfers to Hungary reach EUR 4.4 bln in 2018

Transfers to Hungary of European Union development funding came to EUR 4.4 billion last year, or more than HUF 1.4...

MNB

World Bankʼs 2019 GDP forecast well below govʼt prediction

The World Bank forecasts Hungaryʼs GDP growth for 2019 to reach 3.2%, almost a whole percentage point under the Hungarian...

MNB

Trade surplus shrinks to EUR 496 mln in November

The surplus in the external trade in goods amounted to EUR 496 million in November 2018, with exports increasing by...

Ratings

Strong growth but structural challenges in CEE: Moodyʼs

Moodyʼs Investors Service has released a report about the CEE regionʼs economic outlook for the year 2019, saying that the...

Debt

ÁKK sells HUF 49 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 49.0 billion of securities at auction on Thursday, raising its...

MNB

MNB to tighten mortgage adequacy ratio

The Mortgage Funding Adequacy Ratio (MFAR), requiring lenders to back at least 20% of their net mortgage loans with long-term...

Debt

ÁKK switch auction bond sales fall short of plan

The Government Debt Management Agency (ÁKK) sold HUF 37.50 billion of bonds maturing in 2026 and 2028, accepting bonds expiring...

Debt

ÁKK sells HUF 40 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

MNB intʼl reserves up EUR 2.69 bln in December

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 27.403 billion at the end of December, up EUR...

Debt

ÁKK sells HUF 88.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a total of HUF 88.5 billion of bonds at auction on Thursday, raising...

MNB

Hungary plans no intʼl FX bond issues in 2019

Hungary plans no FX bond issues on international markets in 2019, the Government Debt Management Agency (ÁKK) said in a...

Debt

Sales fall short of plan at first ÁKK auction of 2019

The Government Debt Management Agency (ÁKK) sold HUF 40.0 billion of discount three-month T-bills at the first auction of the...

Banking

Last-minute agreement reached on minimum wage

Hungarian employers and unions reached agreement on minimum wage increases on Sunday, December 30, a day before the deadline. The...

MNB

State debt ratio falls to 72.4% at end of Q3

Hungaryʼs state debt as a percentage of GDP reached 72.4% at the end of the third quarter of 2018, revised...

Debt

ÁKK cuts T-bill sales at last auction of 2018

The Government Debt Management Agency (ÁKK) sold a combined HUF 72 billion of three and 12-month discount T-bills at its...

EU transfers to Hungary reach EUR 4.4 bln in 2018

Transfers to Hungary of European Union development funding came to EUR 4.4 billion last year, or more than HUF 1.4...

World Bankʼs 2019 GDP forecast well below govʼt prediction

The World Bank forecasts Hungaryʼs GDP growth for 2019 to reach 3.2%, almost a whole percentage point under the Hungarian...

Trade surplus shrinks to EUR 496 mln in November

The surplus in the external trade in goods amounted to EUR 496 million in November 2018, with exports increasing by...

Strong growth but structural challenges in CEE: Moodyʼs

Moodyʼs Investors Service has released a report about the CEE regionʼs economic outlook for the year 2019, saying that the...

ÁKK sells HUF 49 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 49.0 billion of securities at auction on Thursday, raising its...

MNB to tighten mortgage adequacy ratio

The Mortgage Funding Adequacy Ratio (MFAR), requiring lenders to back at least 20% of their net mortgage loans with long-term...

ÁKK switch auction bond sales fall short of plan

The Government Debt Management Agency (ÁKK) sold HUF 37.50 billion of bonds maturing in 2026 and 2028, accepting bonds expiring...

ÁKK sells HUF 40 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB intʼl reserves up EUR 2.69 bln in December

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 27.403 billion at the end of December, up EUR...

ÁKK sells HUF 88.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a total of HUF 88.5 billion of bonds at auction on Thursday, raising...

Hungary plans no intʼl FX bond issues in 2019

Hungary plans no FX bond issues on international markets in 2019, the Government Debt Management Agency (ÁKK) said in a...

Sales fall short of plan at first ÁKK auction of 2019

The Government Debt Management Agency (ÁKK) sold HUF 40.0 billion of discount three-month T-bills at the first auction of the...

Last-minute agreement reached on minimum wage

Hungarian employers and unions reached agreement on minimum wage increases on Sunday, December 30, a day before the deadline. The...

State debt ratio falls to 72.4% at end of Q3

Hungaryʼs state debt as a percentage of GDP reached 72.4% at the end of the third quarter of 2018, revised...

ÁKK cuts T-bill sales at last auction of 2018

The Government Debt Management Agency (ÁKK) sold a combined HUF 72 billion of three and 12-month discount T-bills at its...