Analysis

KBC books €39 mln profit at Hungarian business in Q3

Belgium's KBC Bank booked net income of €39 mln at its business in Hungary in the third quarter, down by...

Analysis

Analyst: 0.4% drop in CPI doesn’t mean deflation

The Consumer Price Index dropped 0.4% year-on-year in October, following a record 0.5% drop in September, according to data published...

Analysis

GKI: GDP outlook worse than expected

Economic outlook for Hungary is negative already in the short term, according to a report by GKI Gazdaságkutató Zrt. published...

Analysis

Hungary PMI climbs to 54.9 in October

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) rose to 54.9 points in October month-on-month from September’s 52.7 points, the Hungarian Association...

Analysis

Jobbik promises free internet

Only few days after Prime Minister Viktor Orbán suspended the internet tax legislation proposed by his party earlier in October,...

Analysis

Internet tax will backfire, ISPs warned

A weakening SME sector, slowing economy and loss of billions of euros of EU funding are just some of the...

Analysis

ICE clears Hungarian CDS

Intercontinental Exchange ICE announced yesterday that ICE Clear Credit has introduced clearing for Hungary and South Africa credit default swap...

Analysis

More than 100,000 join internet tax demo

A crowd estimated by Reuters to include more than 100,000 people gathered yesterday for the second demonstration in three days...

Analysis

Forint slightly up on rate policy

The forint was trading at 308.49 to the euro late Tuesday on the interbank forex market, up from 309.21 late...

Analysis

Another demo against internet tax set for tonight

By late last night, more than 44,000 people had already confirmed plans on Facebook to participate in a demonstration at...

Analysis

Politics of the peace prize

The Nobel Peace Prize has frequently been called “the world’s most prestigious prize.” Some have nevertheless criticized it for being...

Analysis

OTP Bank passes ECB stress test

OTP Bank, the only Hungarian participant in the European Central Bank's stress test, does not need to modify its Common...

Analysis

About 40,000 march against internet tax

An estimated 40,000 demonstrators marched down Andrássy út, yesterday evening, to protest the recently announced plans of levying a tax...

Analysis

Portrait of a foreign fighter

Acts of great evil such as terrorism and genocide are so horrifying as to seem entirely incomprehensible. What kinds of...

Analysis

Daylight savings time over on Sunday; turn clocks back

Daylight savings time, or summer time, is over this weekend, and clocks need to be turned one hour back at...

Analysis

One in Six Hungarian Adults Has Lost Money to Cyberfraud, CIB Survey Finds

Nearly half of Hungarian adults have encountered a cyberfraud attempt, and 16% have lost money, according to a representative survey...

Analysis

Economic and Geopolitical Uncertainty Should Change how we Grow, not Whether we Grow

Economic volatility, geopolitical disruption, and technological change are making long-term decisions harder for business leaders. Yet uncertainty does not remove...

Analysis

Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit

Hungary’s GDP grew 1.5% year-on-year in the Q3 2026, supported by industry and services, while drought-hit agriculture held back the...

Analysis

Hungary Sets 2030 Euro Readiness Goal in Growth and Deficit Plan

Hungary aims to meet the conditions for euro adoption by 2030 while lifting growth above 3% and reducing budget deficit...

Analysis

Hungarian Business Confidence Improves as Consumer Sentiment Weakens

Business confidence edged higher in Hungary in October, while consumer sentiment deteriorated, according to economic research institute GKI....

Analysis

Kopint-Tárki Forecasts Hungary’s GDP Growth at 2.5% in 2027

Economic research institute Kopint-Tárki expects Hungary’s GDP to grow by approximately 2.5% in 2027, according to a new forecast released...

Analysis

MNB Keeps Base Rate Unchanged, Lower Inflation Target Signals Tighter Stance

The Monetary Council of the National Bank of Hungary (MNB) left Hungary’s benchmark rate at 5.5% at its most recent...

Analysis

Hungarian Business Groups Urge Changes to Draft Wealth Tax

Fourteen Hungarian business organizations have issued a joint statement calling for changes to the proposed wealth tax, including relief for...

Analysis

AI Boom, USD 100 Oil and 5% Bond Yields Reshape Investment Outlook

An AI-driven technology rally, oil prices above USD 100 and U.S. Treasury yields around 5% are reshaping investment opportunities, according...

Analysis

VOSZ Business Confidence Index Declines in Q3 2026

Hungarian business association VOSZ’s business confidence index fell two percentage points to 50% in the third quarter of 2026, according...

Analysis

Editorial: In Praise of the Diplomatic Dance

The improved mood evident across Hungary following the Tisza government’s assumption of power appears to have extended well beyond the...

Analysis

EY Urges Early Preparation for Hungary’s Proposed Wealth Tax

Hungary’s proposed wealth tax could create new obligations for wealthy individuals, trusts and private foundations, with the first assessment generally...

Analysis

IMF Sees Window for Hungary’s Economic Revival, Urges Swift Reforms

Hungary has a “uniquely favorable window of opportunity” to revitalize its economy, but must act quickly to turn market confidence...

Analysis

Equilor: 2033 Earliest Date for Hungary to Adopt the Euro

Hungary could adopt the euro no earlier than 2033, according to a new assessment by Equilor Investment, which acknowledges improving...