Finance

MNB

Hungary net external financing capacity drops in Q3

Hungaryʼs net external financing capacity - the combined surpluses of the current and capital accounts - reached EUR 557 million...

Banking

MNB lowers 2019 CPI forecast on falling oil prices

The National Bank of Hungary (MNB) has lowered its forecast for average annual inflation in 2019 to 2.9%, citing falling...

Ratings

Moodyʼs likens Hungaryʼs credit challenges to Italy, Portugal

Moodyʼs Investors Service highlighted weak government balance sheets and banking system event risks among key credit weaknesses of Hungary, saying...

MNB

MNB orders withdrawal restrictions at NHB Growth Credit Bank

The National Bank of Hungary (MNB) on Tuesday said it ordered restrictions on withdrawals of over HUF 7 million from...

MNB

MNB maintains base rate, hints at possible changes

The Monetary Council of the National Bank of Hungary (MNB) decided once again to keep the central bankʼs key rate...

MNB

MNB expects faster economic growth in 2018

The National Bank of Hungary (MNB) said yesterday in a preliminary release of the main forecasts from its quarterly "Inflation...

Debt

Despite strong demand, ÁKK cuts 3-month T-bill offer

The Government Debt Management Agency (ÁKK) sold HUF 32.0 billion of discount three-month T-bills at auction on Tuesday, cutting its...

Debt

Hungary issues RMB 2 bln panda bond

Hungary sold RMB 2 billion in "panda" bonds targeted at the domestic Chinese market on Tuesday, Minister of Finance Mihály...

Banking

Govʼt hopes for last-minute minimum wage agreement

Gergely Gulyás, the minister in charge of the Prime Ministerʼs Office, expressed hope employers and unions can reach a last-minute...

Debt

ÁKK auctions HUF 39 bln of securities, over plan

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

Debt

ÁKK switch auction sales fall short of plan

The Government Debt Management Agency (ÁKK) sold HUF 38.19 billion of bonds maturing in 2026 and 2028, accepting bonds expiring...

MNB

Foreign trade surplus in services up in Q3

Hungary’s surplus in the foreign trade of services was EUR 2.463 billion in the third quarter of 2018, up from...

Debt

T-bill auction sale falls just below plan

The Government Debt Management Agency (ÁKK) sold HUF 48.0 billion of discount three-month T-bills at auction on Tuesday, lowering its...

Ratings

Moody’s: Hungaryʼs growth robust, public debt a constraint

Hungary’s "Baa3 stable" credit profile is supported by robust growth, a commitment to fiscal policies that will keep budget deficits...

Banking

Hungary to remain competitive for investment despite ATAD

Hungarian taxpayers will face considerable changes in taxation next year, due to the implementation of the European Commissionʼs Anti-Tax Avoidance...

MNB

Hungary net external financing capacity drops in Q3

Hungaryʼs net external financing capacity - the combined surpluses of the current and capital accounts - reached EUR 557 million...

Banking

MNB lowers 2019 CPI forecast on falling oil prices

The National Bank of Hungary (MNB) has lowered its forecast for average annual inflation in 2019 to 2.9%, citing falling...

Ratings

Moodyʼs likens Hungaryʼs credit challenges to Italy, Portugal

Moodyʼs Investors Service highlighted weak government balance sheets and banking system event risks among key credit weaknesses of Hungary, saying...

MNB

MNB orders withdrawal restrictions at NHB Growth Credit Bank

The National Bank of Hungary (MNB) on Tuesday said it ordered restrictions on withdrawals of over HUF 7 million from...

MNB

MNB maintains base rate, hints at possible changes

The Monetary Council of the National Bank of Hungary (MNB) decided once again to keep the central bankʼs key rate...

MNB

MNB expects faster economic growth in 2018

The National Bank of Hungary (MNB) said yesterday in a preliminary release of the main forecasts from its quarterly "Inflation...

Debt

Despite strong demand, ÁKK cuts 3-month T-bill offer

The Government Debt Management Agency (ÁKK) sold HUF 32.0 billion of discount three-month T-bills at auction on Tuesday, cutting its...

Debt

Hungary issues RMB 2 bln panda bond

Hungary sold RMB 2 billion in "panda" bonds targeted at the domestic Chinese market on Tuesday, Minister of Finance Mihály...

Banking

Govʼt hopes for last-minute minimum wage agreement

Gergely Gulyás, the minister in charge of the Prime Ministerʼs Office, expressed hope employers and unions can reach a last-minute...

Debt

ÁKK auctions HUF 39 bln of securities, over plan

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

Debt

ÁKK switch auction sales fall short of plan

The Government Debt Management Agency (ÁKK) sold HUF 38.19 billion of bonds maturing in 2026 and 2028, accepting bonds expiring...

MNB

Foreign trade surplus in services up in Q3

Hungary’s surplus in the foreign trade of services was EUR 2.463 billion in the third quarter of 2018, up from...

Debt

T-bill auction sale falls just below plan

The Government Debt Management Agency (ÁKK) sold HUF 48.0 billion of discount three-month T-bills at auction on Tuesday, lowering its...

Ratings

Moody’s: Hungaryʼs growth robust, public debt a constraint

Hungary’s "Baa3 stable" credit profile is supported by robust growth, a commitment to fiscal policies that will keep budget deficits...

Banking

Hungary to remain competitive for investment despite ATAD

Hungarian taxpayers will face considerable changes in taxation next year, due to the implementation of the European Commissionʼs Anti-Tax Avoidance...

Hungary net external financing capacity drops in Q3

Hungaryʼs net external financing capacity - the combined surpluses of the current and capital accounts - reached EUR 557 million...

MNB lowers 2019 CPI forecast on falling oil prices

The National Bank of Hungary (MNB) has lowered its forecast for average annual inflation in 2019 to 2.9%, citing falling...

Moodyʼs likens Hungaryʼs credit challenges to Italy, Portugal

Moodyʼs Investors Service highlighted weak government balance sheets and banking system event risks among key credit weaknesses of Hungary, saying...

MNB orders withdrawal restrictions at NHB Growth Credit Bank

The National Bank of Hungary (MNB) on Tuesday said it ordered restrictions on withdrawals of over HUF 7 million from...

MNB maintains base rate, hints at possible changes

The Monetary Council of the National Bank of Hungary (MNB) decided once again to keep the central bankʼs key rate...

MNB expects faster economic growth in 2018

The National Bank of Hungary (MNB) said yesterday in a preliminary release of the main forecasts from its quarterly "Inflation...

Despite strong demand, ÁKK cuts 3-month T-bill offer

The Government Debt Management Agency (ÁKK) sold HUF 32.0 billion of discount three-month T-bills at auction on Tuesday, cutting its...

Hungary issues RMB 2 bln panda bond

Hungary sold RMB 2 billion in "panda" bonds targeted at the domestic Chinese market on Tuesday, Minister of Finance Mihály...

Govʼt hopes for last-minute minimum wage agreement

Gergely Gulyás, the minister in charge of the Prime Ministerʼs Office, expressed hope employers and unions can reach a last-minute...

ÁKK auctions HUF 39 bln of securities, over plan

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

ÁKK switch auction sales fall short of plan

The Government Debt Management Agency (ÁKK) sold HUF 38.19 billion of bonds maturing in 2026 and 2028, accepting bonds expiring...

Foreign trade surplus in services up in Q3

Hungary’s surplus in the foreign trade of services was EUR 2.463 billion in the third quarter of 2018, up from...

T-bill auction sale falls just below plan

The Government Debt Management Agency (ÁKK) sold HUF 48.0 billion of discount three-month T-bills at auction on Tuesday, lowering its...

Moody’s: Hungaryʼs growth robust, public debt a constraint

Hungary’s "Baa3 stable" credit profile is supported by robust growth, a commitment to fiscal policies that will keep budget deficits...

Hungary to remain competitive for investment despite ATAD

Hungarian taxpayers will face considerable changes in taxation next year, due to the implementation of the European Commissionʼs Anti-Tax Avoidance...