Finance

MNB

Parliament approves personal bankruptcy law

The Hungarian Parliament today approved a legislation on introducing personal bankruptcy in Hungary, with 142 voting in favor, one voting...

MNB

Hungary Maastricht debt reaches 77.6% of GDP at end-Q1

Hungaryʼs gross consolidated general government debt, calculated at nominal value, in line with Maastricht methodology, reached 77.6% of GDP at...

Banking

Liechtenstein, Hungary sign double taxation avoidance agreement

Hungary and Liechtenstein have signed a double taxation avoidance agreement, the National Economy Ministry said yesterday, according to state news...

MNB

Forint down on Greek worries

 The forint was trading at 315.39 to the euro late Monday on the interbank forex market, down from 312.20 late...

Debt

ÁKK sells HUF 45 bln of bonds at auction as planned

The Government Debt Management Centre (ÁKK) sold a combined HUF 45 bln of bonds at auction today, in line with...

Debt

ÁKK buys HUF 20 bln of bonds at reverse auction, more than planned

The Government Debt Management Agency (ÁKK) bought a combined HUF 20 bln of bonds before maturity at a reverse auction...

MNB

MNBʼs reserve assets stood at €36.9 bln at the end of Q1

The National Bank of Hungaryʼs (MNB) reserve assets amounted to €36.9 bln at the end of March, data published by...

Ratings

MNB raises 2015 inflation forecast to 0.3%

The National Bank of Hungary (MNB) has raised its inflation forecast for 2015 to 0.3% from 0% in its fresh...

Debt

ÁKK sells HUF 30 bln of three-month bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 30 bln of discount three-month T-bills at auction today, in line with...

Banking

Report: EU satisfied with ad tax change

Due to the European Commission’s relative satisfaction with the changes made by the Hungarian Parliament to the country’s advertising tax,...

Banking

PM: Hungary is a ‘workfare society’

Hungary  “is not a welfare society” but “it is a labor-based workfare society”, Hungary’s Prime Minister Viktor Orbán said on Friday at a...

Debt

ÁKK sells HUF 50 bln of securities at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of securities at auction on Thursday, in line...

Debt

ÁKK exchanges HUF 32 bln of bonds at switch auction, less than planned

The Government Debt Management Agency (ÁKK) exchanged HUF 32 bln of bonds maturing in 2024 and 2028 for ones that...

Banking

Some 43,000 firms register for road haulage control system

More than 43,000 companies registered for an electronic monitoring system for road haulage companies (called ekaer) by June 15, asking...

Banking

Parliament approves tax laws for 2016

The Hungarian Parliament today approved a package of previously announced tax changes for 2016, with 133 voting in favor and...

MNB

Parliament approves personal bankruptcy law

The Hungarian Parliament today approved a legislation on introducing personal bankruptcy in Hungary, with 142 voting in favor, one voting...

MNB

Hungary Maastricht debt reaches 77.6% of GDP at end-Q1

Hungaryʼs gross consolidated general government debt, calculated at nominal value, in line with Maastricht methodology, reached 77.6% of GDP at...

Banking

Liechtenstein, Hungary sign double taxation avoidance agreement

Hungary and Liechtenstein have signed a double taxation avoidance agreement, the National Economy Ministry said yesterday, according to state news...

MNB

Forint down on Greek worries

 The forint was trading at 315.39 to the euro late Monday on the interbank forex market, down from 312.20 late...

Debt

ÁKK sells HUF 45 bln of bonds at auction as planned

The Government Debt Management Centre (ÁKK) sold a combined HUF 45 bln of bonds at auction today, in line with...

Debt

ÁKK buys HUF 20 bln of bonds at reverse auction, more than planned

The Government Debt Management Agency (ÁKK) bought a combined HUF 20 bln of bonds before maturity at a reverse auction...

MNB

MNBʼs reserve assets stood at €36.9 bln at the end of Q1

The National Bank of Hungaryʼs (MNB) reserve assets amounted to €36.9 bln at the end of March, data published by...

Ratings

MNB raises 2015 inflation forecast to 0.3%

The National Bank of Hungary (MNB) has raised its inflation forecast for 2015 to 0.3% from 0% in its fresh...

Debt

ÁKK sells HUF 30 bln of three-month bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 30 bln of discount three-month T-bills at auction today, in line with...

Banking

Report: EU satisfied with ad tax change

Due to the European Commission’s relative satisfaction with the changes made by the Hungarian Parliament to the country’s advertising tax,...

Banking

PM: Hungary is a ‘workfare society’

Hungary  “is not a welfare society” but “it is a labor-based workfare society”, Hungary’s Prime Minister Viktor Orbán said on Friday at a...

Debt

ÁKK sells HUF 50 bln of securities at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of securities at auction on Thursday, in line...

Debt

ÁKK exchanges HUF 32 bln of bonds at switch auction, less than planned

The Government Debt Management Agency (ÁKK) exchanged HUF 32 bln of bonds maturing in 2024 and 2028 for ones that...

Banking

Some 43,000 firms register for road haulage control system

More than 43,000 companies registered for an electronic monitoring system for road haulage companies (called ekaer) by June 15, asking...

Banking

Parliament approves tax laws for 2016

The Hungarian Parliament today approved a package of previously announced tax changes for 2016, with 133 voting in favor and...

Parliament approves personal bankruptcy law

The Hungarian Parliament today approved a legislation on introducing personal bankruptcy in Hungary, with 142 voting in favor, one voting...

Hungary Maastricht debt reaches 77.6% of GDP at end-Q1

Hungaryʼs gross consolidated general government debt, calculated at nominal value, in line with Maastricht methodology, reached 77.6% of GDP at...

Liechtenstein, Hungary sign double taxation avoidance agreement

Hungary and Liechtenstein have signed a double taxation avoidance agreement, the National Economy Ministry said yesterday, according to state news...

Forint down on Greek worries

 The forint was trading at 315.39 to the euro late Monday on the interbank forex market, down from 312.20 late...

ÁKK sells HUF 45 bln of bonds at auction as planned

The Government Debt Management Centre (ÁKK) sold a combined HUF 45 bln of bonds at auction today, in line with...

ÁKK buys HUF 20 bln of bonds at reverse auction, more than planned

The Government Debt Management Agency (ÁKK) bought a combined HUF 20 bln of bonds before maturity at a reverse auction...

MNBʼs reserve assets stood at €36.9 bln at the end of Q1

The National Bank of Hungaryʼs (MNB) reserve assets amounted to €36.9 bln at the end of March, data published by...

MNB raises 2015 inflation forecast to 0.3%

The National Bank of Hungary (MNB) has raised its inflation forecast for 2015 to 0.3% from 0% in its fresh...

ÁKK sells HUF 30 bln of three-month bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 30 bln of discount three-month T-bills at auction today, in line with...

Report: EU satisfied with ad tax change

Due to the European Commission’s relative satisfaction with the changes made by the Hungarian Parliament to the country’s advertising tax,...

PM: Hungary is a ‘workfare society’

Hungary  “is not a welfare society” but “it is a labor-based workfare society”, Hungary’s Prime Minister Viktor Orbán said on Friday at a...

ÁKK sells HUF 50 bln of securities at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of securities at auction on Thursday, in line...

ÁKK exchanges HUF 32 bln of bonds at switch auction, less than planned

The Government Debt Management Agency (ÁKK) exchanged HUF 32 bln of bonds maturing in 2024 and 2028 for ones that...

Some 43,000 firms register for road haulage control system

More than 43,000 companies registered for an electronic monitoring system for road haulage companies (called ekaer) by June 15, asking...

Parliament approves tax laws for 2016

The Hungarian Parliament today approved a package of previously announced tax changes for 2016, with 133 voting in favor and...