Finance

MNB

Central Bank Governor Underscores Importance of Stability in Turbulent Times

National Bank of Hungary (MNB) governor Mihaly Varga highlighted the importance of stability in turbulent times at an event of...

Trade

Hungary’s Services Trade Surplus Reaches EUR 3.1 bln in Q4

Hungary recorded a EUR 3.1 billion surplus in external trade in services in the fourth quarter of 2025, according to...

MNB

Int’l Reserves Play Bigger Role Amid Uncertain Global Economic Environment, Varga Says

Factors that strengthen stability, such as central banks' international reserves, play a bigger role amid uncertainty in the global economic...

Real Estate, Banking, Office Market

Erste Bank, CPI Extend EUR 120 mln Stop Shop Financing

Erste Group and CPI Europe AG, the owner of the Stop Shop retail park portfolio in Hungary, have agreed to...

Debt

Dec Budget Deficit Hits HUF 5.7 tln on Delayed EU Transfer

Hungary's cash flow-based general gov't deficit reached HUF 5.7 tln by the end of December, the Ministry for National Economy...

Banking

Home Start Outlays Reach 18,000

Banks' outlays of Home Start subsidized credit for 1st-time home buyers has reached 18,000 in the first 4.5 months since...

MNB

Central Bank Governor Underscores Importance of Stability in Turbulent Times

National Bank of Hungary (MNB) governor Mihaly Varga highlighted the importance of stability in turbulent times at an event of...

Trade

Hungary’s Services Trade Surplus Reaches EUR 3.1 bln in Q4

Hungary recorded a EUR 3.1 billion surplus in external trade in services in the fourth quarter of 2025, according to...

MNB

Int’l Reserves Play Bigger Role Amid Uncertain Global Economic Environment, Varga Says

Factors that strengthen stability, such as central banks' international reserves, play a bigger role amid uncertainty in the global economic...

Real Estate, Banking, Office Market

Erste Bank, CPI Extend EUR 120 mln Stop Shop Financing

Erste Group and CPI Europe AG, the owner of the Stop Shop retail park portfolio in Hungary, have agreed to...

Debt

Dec Budget Deficit Hits HUF 5.7 tln on Delayed EU Transfer

Hungary's cash flow-based general gov't deficit reached HUF 5.7 tln by the end of December, the Ministry for National Economy...

Banking

Home Start Outlays Reach 18,000

Banks' outlays of Home Start subsidized credit for 1st-time home buyers has reached 18,000 in the first 4.5 months since...

Moody’s Downgrades Budapest Again

Int'l ratings agency Moody's has downgraded Budapest's long‑term domestic and foreign debt rating from "Ba1" to "Ba2," citing worsening relations...

OTP Bank Q4 Profit Rises 19%, Full-year Profit up 7%

Fourth-quarter after-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 19% year-on-year to HUF 297.3 bln, an earnings report...

Central Bank Governor Underscores Importance of Stability in Turbulent Times

National Bank of Hungary (MNB) governor Mihaly Varga highlighted the importance of stability in turbulent times at an event of...

Hungary’s Services Trade Surplus Reaches EUR 3.1 bln in Q4

Hungary recorded a EUR 3.1 billion surplus in external trade in services in the fourth quarter of 2025, according to...

Hungary Posts Modest Trade Surplus as Imports Rise, Exports Decline

Hungary’s external trade in goods posted a modest surplus of EUR 12 mln in January, but the balance deteriorated sharply...

MNB Cuts Base Rate by 25 bp to 6.25% at Monthly Policy Meeting

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25...

Hungary Leasing Market Grows 7% in 2025, Surpasses HUF 1 tln Mark

The value of new leases in Hungary rose 7% to HUF 1.037 trillion in 2025, the head of the Hungarian...

Financial Forecasts Blurred by Hungary’s April General Election

Struggling. That is probably the word that best defines the current fiscal-financial environment in Hungary. The public deficit is high,...

Int’l Reserves Play Bigger Role Amid Uncertain Global Economic Environment, Varga Says

Factors that strengthen stability, such as central banks' international reserves, play a bigger role amid uncertainty in the global economic...

Erste Bank, CPI Extend EUR 120 mln Stop Shop Financing

Erste Group and CPI Europe AG, the owner of the Stop Shop retail park portfolio in Hungary, have agreed to...

Damages From Financial Fraud in Hungary on the Decline

The value of financial fraud in Hungary is on the decline, but still high, at around HUF 5 billion per...

MNB Policymakers Leave Base Rate on Hold at 6.5% at Monthly Meeting

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at...

Dec Budget Deficit Hits HUF 5.7 tln on Delayed EU Transfer

Hungary's cash flow-based general gov't deficit reached HUF 5.7 tln by the end of December, the Ministry for National Economy...

Home Start Outlays Reach 18,000

Banks' outlays of Home Start subsidized credit for 1st-time home buyers has reached 18,000 in the first 4.5 months since...

Policymakers Voted Unanimously to Keep Base Rate on Hold at December Meeting

Members of the Monetary Council of the National Bank of Hungary (MNB) voted unanimously to keep the central bank base...