Finance

MNB

MNB rate cuts may resume if CPI undershoots persist

Hungaryʼs central bank may have to resume policy rate cuts if consumer inflation persistently undershoots its target or if the...

Banking

Lázár: Government to implement a comprehensive tax administration reform

A proposal regarding the organizational and personnel restructuring of Hungary’s National Tax and Customs Authority (NAV) will be submitted to...

MNB

MNB: Hungary c/a surplus €546 mln in August

Hungaryʼs current-account surplus reached €492.7 bln in August, according to a monthly balance of payment data published by the National...

Banking

Budapest housing market boosted by holiday rentals

Home sales in the center of Budapest saw a 40% rise last year, with demand being highest for 40-60 sqm...

MNB

Pintér: More than 85% of residency bonds purchased by Chinese nationals

More than 85% of the foreign nationals that obtain Hungarian residency bonds were Chinese, Interior Minister Sandor Pintér said in...

Debt

ÁKK sells HUF 56 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 56 bln of three-, five- and ten-year bonds at auction on Thursday,...

Debt

ÁKK buys HUF 23.11 bln in bonds at reverse auction, more than planned

The Government Debt Management Agency (ÁKK) bought a combined HUF 23.11 bln in bonds prior to their maturity at a...

MNB

MNB to push for more lending in exchange for tax cut

The National Bank of Hungary (MNB) is planning to push banks to increase lending in the corporate sector, especially to...

MNB

Forint corrects down on interbank market

The forint was trading at 310.54 to the euro late Tuesday on the interbank forex market, down from final quotes...

Banking

András Tállai to oversee restructuring of tax office

András Tállai, state secretary of the National Economy Ministry (NGM) has been appointed government commissioner responsible for overseeing the restructuring...

MNB

MNB: ECB, EC to grant permission to MARK operation

The European Central Bank (ECB) and the European Commission (EC) are expected to approve the operation of the Hungarian Reorganization...

Debt

ÁKK sells HUF 17 bln of three-month bills, again under plan

 The Government Debt Mangement Agency (ÁKK) sold HUF 17 bln of discount three-month T-bills at auction on Tuesday, cutting its...

MNB

Forint rises again on interbank market

The forint was trading at 309.81 to the euro late Monday on the interbank forex market, up from final quotes...

MNB

Government spent private pension funds on state debt

After passing laws to pressure private pension holders to merge their savings with the state system, the government spent almost...

MNB

Nomura: MNB change in reserve rules loosens money supply

The National Bank of Hungary (MNB) has taken “another step towards monetary loosening by restricting the amount of reserves banks...

MNB

MNB rate cuts may resume if CPI undershoots persist

Hungaryʼs central bank may have to resume policy rate cuts if consumer inflation persistently undershoots its target or if the...

Banking

Lázár: Government to implement a comprehensive tax administration reform

A proposal regarding the organizational and personnel restructuring of Hungary’s National Tax and Customs Authority (NAV) will be submitted to...

MNB

MNB: Hungary c/a surplus €546 mln in August

Hungaryʼs current-account surplus reached €492.7 bln in August, according to a monthly balance of payment data published by the National...

Banking

Budapest housing market boosted by holiday rentals

Home sales in the center of Budapest saw a 40% rise last year, with demand being highest for 40-60 sqm...

MNB

Pintér: More than 85% of residency bonds purchased by Chinese nationals

More than 85% of the foreign nationals that obtain Hungarian residency bonds were Chinese, Interior Minister Sandor Pintér said in...

Debt

ÁKK sells HUF 56 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 56 bln of three-, five- and ten-year bonds at auction on Thursday,...

Debt

ÁKK buys HUF 23.11 bln in bonds at reverse auction, more than planned

The Government Debt Management Agency (ÁKK) bought a combined HUF 23.11 bln in bonds prior to their maturity at a...

MNB

MNB to push for more lending in exchange for tax cut

The National Bank of Hungary (MNB) is planning to push banks to increase lending in the corporate sector, especially to...

MNB

Forint corrects down on interbank market

The forint was trading at 310.54 to the euro late Tuesday on the interbank forex market, down from final quotes...

Banking

András Tállai to oversee restructuring of tax office

András Tállai, state secretary of the National Economy Ministry (NGM) has been appointed government commissioner responsible for overseeing the restructuring...

MNB

MNB: ECB, EC to grant permission to MARK operation

The European Central Bank (ECB) and the European Commission (EC) are expected to approve the operation of the Hungarian Reorganization...

Debt

ÁKK sells HUF 17 bln of three-month bills, again under plan

 The Government Debt Mangement Agency (ÁKK) sold HUF 17 bln of discount three-month T-bills at auction on Tuesday, cutting its...

MNB

Forint rises again on interbank market

The forint was trading at 309.81 to the euro late Monday on the interbank forex market, up from final quotes...

MNB

Government spent private pension funds on state debt

After passing laws to pressure private pension holders to merge their savings with the state system, the government spent almost...

MNB

Nomura: MNB change in reserve rules loosens money supply

The National Bank of Hungary (MNB) has taken “another step towards monetary loosening by restricting the amount of reserves banks...

MNB rate cuts may resume if CPI undershoots persist

Hungaryʼs central bank may have to resume policy rate cuts if consumer inflation persistently undershoots its target or if the...

Lázár: Government to implement a comprehensive tax administration reform

A proposal regarding the organizational and personnel restructuring of Hungary’s National Tax and Customs Authority (NAV) will be submitted to...

MNB: Hungary c/a surplus €546 mln in August

Hungaryʼs current-account surplus reached €492.7 bln in August, according to a monthly balance of payment data published by the National...

Budapest housing market boosted by holiday rentals

Home sales in the center of Budapest saw a 40% rise last year, with demand being highest for 40-60 sqm...

Pintér: More than 85% of residency bonds purchased by Chinese nationals

More than 85% of the foreign nationals that obtain Hungarian residency bonds were Chinese, Interior Minister Sandor Pintér said in...

ÁKK sells HUF 56 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 56 bln of three-, five- and ten-year bonds at auction on Thursday,...

ÁKK buys HUF 23.11 bln in bonds at reverse auction, more than planned

The Government Debt Management Agency (ÁKK) bought a combined HUF 23.11 bln in bonds prior to their maturity at a...

MNB to push for more lending in exchange for tax cut

The National Bank of Hungary (MNB) is planning to push banks to increase lending in the corporate sector, especially to...

Forint corrects down on interbank market

The forint was trading at 310.54 to the euro late Tuesday on the interbank forex market, down from final quotes...

András Tállai to oversee restructuring of tax office

András Tállai, state secretary of the National Economy Ministry (NGM) has been appointed government commissioner responsible for overseeing the restructuring...

MNB: ECB, EC to grant permission to MARK operation

The European Central Bank (ECB) and the European Commission (EC) are expected to approve the operation of the Hungarian Reorganization...

ÁKK sells HUF 17 bln of three-month bills, again under plan

 The Government Debt Mangement Agency (ÁKK) sold HUF 17 bln of discount three-month T-bills at auction on Tuesday, cutting its...

Forint rises again on interbank market

The forint was trading at 309.81 to the euro late Monday on the interbank forex market, up from final quotes...

Government spent private pension funds on state debt

After passing laws to pressure private pension holders to merge their savings with the state system, the government spent almost...

Nomura: MNB change in reserve rules loosens money supply

The National Bank of Hungary (MNB) has taken “another step towards monetary loosening by restricting the amount of reserves banks...