Finance

MNB

International reserves at Hungaryʼs MNB lower in July

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 23.944 billion at the end of July, down EUR...

Ratings

Moodyʼs upgrades deposit ratings of Erste Bank Hungary

Moodyʼs Investors Service has upgraded Erste Bank Hungaryʼs long-and short-term local-currency deposit ratings to Baa3/Prime-3 from Baa2/Prime-2....

MNB

Hungaryʼs trade surplus revised upwards

Hungaryʼs trade surplus came to EUR 596 million in May, according to a second reading of data by the Central...

MNB

PPF Group winds up Telenor assets acquisition

The Czech PPF Group announced on Tuesday that it has completed its acquisition of Norwegian telecom Telenorʼs assets in Central...

Debt

ÁKK sells HUF 60 bln of T-bills, over plan

The Government Debt Management Agency (ÁKK) sold HUF 60 billion of discount three-month T-bills at auction on Tuesday, raising its...

Debt

ÁKK sells HUF 68.5 bln of six-week T-bills, above plan

The Government Debt Management Agency (ÁKK) sold HUF 68.5 billion of discount six-week T-bills at a liquidity auction on Monday,...

Debt

ÁKK sells HUF 52.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 52.5 billion of securities at auction last Thursday, raising its...

Banking

Actions against tax fraud bring a better world for the good-faith taxpayers too

Considering the low direct tax rates on corporations (9%) and on private persons (15%), the reducing social security charges (19.5%)...

MNB

Loose Monetary Conditions to Remain Until Mid-2019

The latest decision of the rate-setters at the National Bank of Hungary (MNB) didn’t come as a surprise: the Monetary...

Banking

Parliament approves 2019 budget, tax changes

The Hungarian Parliament approved the 2019 budget on Friday, winding up the summer session. The house also approved several tax...

Debt

ÁKK sells HUF 67.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 67.5 billion of bonds at auction on Thursday, HUF 12.5...

MNB

Fiscal Council greenlights final vote on 2019 budget

Hungaryʼs Fiscal Council on Tuesday gave its go-ahead for Parliament to take a final vote on the 2019 budget bill...

MNB

Private debtors reach record high in Hungary

The number of private debtors registered in the retail subsystem of the Central Credit Information System (KHR) in Hungary has...

Debt

ÁKK sells HUF 60 bln of three-month T-bills, over plan

The Government Debt Management Agency (ÁKK) sold HUF 60 billion of three-month discount T-bills at auction on Tuesday, HUF 20...

MNB

Weak Forint, Sluggish Industrial Performance Only Temporary

Hungary’s industry barely expanded in May, while the June consumer price index exceeded the central bank’s mid-term goal of 3%....

MNB

International reserves at Hungaryʼs MNB lower in July

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 23.944 billion at the end of July, down EUR...

Ratings

Moodyʼs upgrades deposit ratings of Erste Bank Hungary

Moodyʼs Investors Service has upgraded Erste Bank Hungaryʼs long-and short-term local-currency deposit ratings to Baa3/Prime-3 from Baa2/Prime-2....

MNB

Hungaryʼs trade surplus revised upwards

Hungaryʼs trade surplus came to EUR 596 million in May, according to a second reading of data by the Central...

MNB

PPF Group winds up Telenor assets acquisition

The Czech PPF Group announced on Tuesday that it has completed its acquisition of Norwegian telecom Telenorʼs assets in Central...

Debt

ÁKK sells HUF 60 bln of T-bills, over plan

The Government Debt Management Agency (ÁKK) sold HUF 60 billion of discount three-month T-bills at auction on Tuesday, raising its...

Debt

ÁKK sells HUF 68.5 bln of six-week T-bills, above plan

The Government Debt Management Agency (ÁKK) sold HUF 68.5 billion of discount six-week T-bills at a liquidity auction on Monday,...

Debt

ÁKK sells HUF 52.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 52.5 billion of securities at auction last Thursday, raising its...

Banking

Actions against tax fraud bring a better world for the good-faith taxpayers too

Considering the low direct tax rates on corporations (9%) and on private persons (15%), the reducing social security charges (19.5%)...

MNB

Loose Monetary Conditions to Remain Until Mid-2019

The latest decision of the rate-setters at the National Bank of Hungary (MNB) didn’t come as a surprise: the Monetary...

Banking

Parliament approves 2019 budget, tax changes

The Hungarian Parliament approved the 2019 budget on Friday, winding up the summer session. The house also approved several tax...

Debt

ÁKK sells HUF 67.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 67.5 billion of bonds at auction on Thursday, HUF 12.5...

MNB

Fiscal Council greenlights final vote on 2019 budget

Hungaryʼs Fiscal Council on Tuesday gave its go-ahead for Parliament to take a final vote on the 2019 budget bill...

MNB

Private debtors reach record high in Hungary

The number of private debtors registered in the retail subsystem of the Central Credit Information System (KHR) in Hungary has...

Debt

ÁKK sells HUF 60 bln of three-month T-bills, over plan

The Government Debt Management Agency (ÁKK) sold HUF 60 billion of three-month discount T-bills at auction on Tuesday, HUF 20...

MNB

Weak Forint, Sluggish Industrial Performance Only Temporary

Hungary’s industry barely expanded in May, while the June consumer price index exceeded the central bank’s mid-term goal of 3%....

International reserves at Hungaryʼs MNB lower in July

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 23.944 billion at the end of July, down EUR...

Moodyʼs upgrades deposit ratings of Erste Bank Hungary

Moodyʼs Investors Service has upgraded Erste Bank Hungaryʼs long-and short-term local-currency deposit ratings to Baa3/Prime-3 from Baa2/Prime-2....

Hungaryʼs trade surplus revised upwards

Hungaryʼs trade surplus came to EUR 596 million in May, according to a second reading of data by the Central...

PPF Group winds up Telenor assets acquisition

The Czech PPF Group announced on Tuesday that it has completed its acquisition of Norwegian telecom Telenorʼs assets in Central...

ÁKK sells HUF 60 bln of T-bills, over plan

The Government Debt Management Agency (ÁKK) sold HUF 60 billion of discount three-month T-bills at auction on Tuesday, raising its...

ÁKK sells HUF 68.5 bln of six-week T-bills, above plan

The Government Debt Management Agency (ÁKK) sold HUF 68.5 billion of discount six-week T-bills at a liquidity auction on Monday,...

ÁKK sells HUF 52.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 52.5 billion of securities at auction last Thursday, raising its...

Actions against tax fraud bring a better world for the good-faith taxpayers too

Considering the low direct tax rates on corporations (9%) and on private persons (15%), the reducing social security charges (19.5%)...

Loose Monetary Conditions to Remain Until Mid-2019

The latest decision of the rate-setters at the National Bank of Hungary (MNB) didn’t come as a surprise: the Monetary...

Parliament approves 2019 budget, tax changes

The Hungarian Parliament approved the 2019 budget on Friday, winding up the summer session. The house also approved several tax...

ÁKK sells HUF 67.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 67.5 billion of bonds at auction on Thursday, HUF 12.5...

Fiscal Council greenlights final vote on 2019 budget

Hungaryʼs Fiscal Council on Tuesday gave its go-ahead for Parliament to take a final vote on the 2019 budget bill...

Private debtors reach record high in Hungary

The number of private debtors registered in the retail subsystem of the Central Credit Information System (KHR) in Hungary has...

ÁKK sells HUF 60 bln of three-month T-bills, over plan

The Government Debt Management Agency (ÁKK) sold HUF 60 billion of three-month discount T-bills at auction on Tuesday, HUF 20...

Weak Forint, Sluggish Industrial Performance Only Temporary

Hungary’s industry barely expanded in May, while the June consumer price index exceeded the central bank’s mid-term goal of 3%....