Finance

Trade

Slovakia Trade Surplus Widens in May

Slovakia's trade surplus widened sharply to EUR 686.1 million in May from EUR 104.1 million in the same month a...

Trade

Hungary Trade Surplus at EUR 1.1 bln in May

Hungary's surplus on external trade in goods stood at EUR 1.1 billion in May 2023, according to data published by...

Ratings

S&P Affirms Hungary BBB- Rating, Stable Outlook

S&P Global Ratings affirmed Hungary's BBB- sovereign rating with a stable outlook at a scheduled review on Friday, according to...

MNB

MNB Int’l Reserves Rise EUR 350 mln in June

International reserves of the National Bank of Hungary (MNB) stood at EUR 39.87 bln at the end of June, up...

Banking

K&H Bank Signs InvestEU Funding Agreement With EIF

Hungary's K&H Bank has signed an agreement with the European Investment Fund (EIF) on accessing the InvestEU guarantee program, the...

Debt

General Gov’t Deficit at 9.8% of GDP in Q1

According to preliminary data published by the Central Statistical Office (KSH), the deficit of the general government sector in the...

MNB

MNB Points to Fiscal Risk of Recapitalization in Report

Mandatory recapitalization of the National Bank of Hungary (MNB) following expected losses due to economic stimulus and measures to bring...

Trade

More Companies Join Outstanding Exporter Partnership Program

Another six companies have joined the Outstanding Exporter Partnership Program, a scheme launched in 2019 to support local companies' presence...

Banking

Faster CEE Growth Faces External Headwinds – UniCredit

UniCredit economists expect the economies in EU-CEE and the Western Balkans to grow by around 1.6% in 2023 and 3.1%...

Banking

Cards Linked to Youth Accounts Spending More in Summer

In the summer months, the turnover of bank cards linked to youth accounts increases significantly, K&H said this week, according...

Trade

Hungary 2nd to Ukraine in German Weapon Imports

The German Ministry of Economy has published the latest arms export data with Hungary almost surpassing Ukraine on the list,...

Debt

Hungary State Debt Ratio Rises to 74.9% at End of Q1

Hungary's state debt relative to GDP reached 74.9% at the end of the first quarter, a second reading of data...

Trade

Illegal Cigarette Traffic Increasing in Hungary

The illegal cigarette market in the European Union continued to grow last year, with France leading the consumption list of...

MNB

MNB Fines Interactive Brokers Central Europe HUF 19 mln 

The National Bank of Hungary (MNB) on Thursday said it fined Interactive Brokers Central Europe HUF 19 mln over shortcomings...

Banking

Bank Branch Salespeople in High Demand

Bank branch salespeople are in high demand, according to an analysis by the business daily Világgazdaság....

Trade

Slovakia Trade Surplus Widens in May

Slovakia's trade surplus widened sharply to EUR 686.1 million in May from EUR 104.1 million in the same month a...

Trade

Hungary Trade Surplus at EUR 1.1 bln in May

Hungary's surplus on external trade in goods stood at EUR 1.1 billion in May 2023, according to data published by...

Ratings

S&P Affirms Hungary BBB- Rating, Stable Outlook

S&P Global Ratings affirmed Hungary's BBB- sovereign rating with a stable outlook at a scheduled review on Friday, according to...

MNB

MNB Int’l Reserves Rise EUR 350 mln in June

International reserves of the National Bank of Hungary (MNB) stood at EUR 39.87 bln at the end of June, up...

Banking

K&H Bank Signs InvestEU Funding Agreement With EIF

Hungary's K&H Bank has signed an agreement with the European Investment Fund (EIF) on accessing the InvestEU guarantee program, the...

Debt

General Gov’t Deficit at 9.8% of GDP in Q1

According to preliminary data published by the Central Statistical Office (KSH), the deficit of the general government sector in the...

MNB

MNB Points to Fiscal Risk of Recapitalization in Report

Mandatory recapitalization of the National Bank of Hungary (MNB) following expected losses due to economic stimulus and measures to bring...

Trade

More Companies Join Outstanding Exporter Partnership Program

Another six companies have joined the Outstanding Exporter Partnership Program, a scheme launched in 2019 to support local companies' presence...

Banking

Faster CEE Growth Faces External Headwinds – UniCredit

UniCredit economists expect the economies in EU-CEE and the Western Balkans to grow by around 1.6% in 2023 and 3.1%...

Banking

Cards Linked to Youth Accounts Spending More in Summer

In the summer months, the turnover of bank cards linked to youth accounts increases significantly, K&H said this week, according...

Trade

Hungary 2nd to Ukraine in German Weapon Imports

The German Ministry of Economy has published the latest arms export data with Hungary almost surpassing Ukraine on the list,...

Debt

Hungary State Debt Ratio Rises to 74.9% at End of Q1

Hungary's state debt relative to GDP reached 74.9% at the end of the first quarter, a second reading of data...

Trade

Illegal Cigarette Traffic Increasing in Hungary

The illegal cigarette market in the European Union continued to grow last year, with France leading the consumption list of...

MNB

MNB Fines Interactive Brokers Central Europe HUF 19 mln 

The National Bank of Hungary (MNB) on Thursday said it fined Interactive Brokers Central Europe HUF 19 mln over shortcomings...

Banking

Bank Branch Salespeople in High Demand

Bank branch salespeople are in high demand, according to an analysis by the business daily Világgazdaság....

Slovakia Trade Surplus Widens in May

Slovakia's trade surplus widened sharply to EUR 686.1 million in May from EUR 104.1 million in the same month a...

Hungary Trade Surplus at EUR 1.1 bln in May

Hungary's surplus on external trade in goods stood at EUR 1.1 billion in May 2023, according to data published by...

S&P Affirms Hungary BBB- Rating, Stable Outlook

S&P Global Ratings affirmed Hungary's BBB- sovereign rating with a stable outlook at a scheduled review on Friday, according to...

MNB Int’l Reserves Rise EUR 350 mln in June

International reserves of the National Bank of Hungary (MNB) stood at EUR 39.87 bln at the end of June, up...

K&H Bank Signs InvestEU Funding Agreement With EIF

Hungary's K&H Bank has signed an agreement with the European Investment Fund (EIF) on accessing the InvestEU guarantee program, the...

General Gov’t Deficit at 9.8% of GDP in Q1

According to preliminary data published by the Central Statistical Office (KSH), the deficit of the general government sector in the...

MNB Points to Fiscal Risk of Recapitalization in Report

Mandatory recapitalization of the National Bank of Hungary (MNB) following expected losses due to economic stimulus and measures to bring...

More Companies Join Outstanding Exporter Partnership Program

Another six companies have joined the Outstanding Exporter Partnership Program, a scheme launched in 2019 to support local companies' presence...

Faster CEE Growth Faces External Headwinds – UniCredit

UniCredit economists expect the economies in EU-CEE and the Western Balkans to grow by around 1.6% in 2023 and 3.1%...

Cards Linked to Youth Accounts Spending More in Summer

In the summer months, the turnover of bank cards linked to youth accounts increases significantly, K&H said this week, according...

Hungary 2nd to Ukraine in German Weapon Imports

The German Ministry of Economy has published the latest arms export data with Hungary almost surpassing Ukraine on the list,...

Hungary State Debt Ratio Rises to 74.9% at End of Q1

Hungary's state debt relative to GDP reached 74.9% at the end of the first quarter, a second reading of data...

Illegal Cigarette Traffic Increasing in Hungary

The illegal cigarette market in the European Union continued to grow last year, with France leading the consumption list of...

MNB Fines Interactive Brokers Central Europe HUF 19 mln 

The National Bank of Hungary (MNB) on Thursday said it fined Interactive Brokers Central Europe HUF 19 mln over shortcomings...

Bank Branch Salespeople in High Demand

Bank branch salespeople are in high demand, according to an analysis by the business daily Világgazdaság....