Related articles

• Economy

  Hungaryʼs state debt 70.9% of GDP, including Eximbank

  

  Hungaryʼs national debt as a percentage of GDP reached 70.9% at the end of last year, down from 73.4% at the end of 2017, preliminary data released by the National Bank of Hungary (MNB) on Monday show, state news wire MTI reported.

   Mon, Feb. 18, 2019, 12:45

  • state debt
  • Hungary
  • economy
  • GDP
  • Eximbank
• Region

  Slovenia to cancel hydroelectric plants along Mura

  

  Sloveniaʼs Minister of the Environment Jure Leben has announced a decree that will cancel the construction of eight previously planned hydroelectric power plants along the river Mura, in order to protect the river, the Budapest Business Journal has learned. 

   Mon, Feb. 18, 2019, 11:00

  • Slovenia
  • Austria
  • Hungary
  • Mura
  • river
  • environment
  • protection
  • energy
  • hydroelectric
• Finance

  MNB sets date for old HUF 10,000 bill withdrawal

  

  The National Bank of Hungary (MNB) will withdraw old HUF 10,000 banknotes at the end of this year, a decree published in the latest issue of the official gazette Magyar Közlöny shows, state news agency MTI reported.

   Mon, Feb. 18, 2019, 10:00

  • MNB
  • bank
  • withdrawal
  • bill
• Economy

  S&P upgrades Hungary to ’BBB’; outlook ’stable’

  

  Standard & Poor’s Global Ratings, one of the three big ratings agencies, has upgraded Hungary’s sovereign rating to "BBB," two notches over the investment grade threshold, with a "stable" outlook, state news wire MTI reported late Friday evening. 

   Mon, Feb. 18, 2019, 09:00

  • S&P
  • Hungary
  • outlook
  • rating
  • investment
  • agency
• Business

  Core Inflation on the Rise, all Eyes on Rate-setters

  

  With the latest inflation data having been released by the Central Statistical Office (KSH), we could see the start of a tightening cycle as early as in March, some analysts say. Others, however, argue that the Monetary Council might consider a later start, as headline inflation is below the central bank’s target. Core inflation, on the other hand, jumped to 3.2%, a surprise to analysts.

   Sun, Feb. 17, 2019

  • inflation
  • mnb
  • matolcsy
  • rate setters
• News

  Marriage rate in Hungary above EU average

  

  According to a report by the EUʼs official statistical agency, Eurostat, the marriage rate in Hungary is above the EU average, with 5.2 marriages every year for 1,000 inhabitants.

   Fri, Feb. 15, 2019, 09:00

  • Hungary
  • marriage
  • rate
  • EU
  • Eurostat
• News

  Hungarians plan multiple holiday trips this year

  

  Most Hungarians are planning to spend a total of two to three weeks on holiday domestically, in hotels, getting to their destination by car this year, according to research by discount website Bónusz Brigád and research institute GKI Digital.

   Thu, Feb. 14, 2019, 11:00

  • holiday
  • Hungary
  • tourism
  • trip. research
  • Bónusz Brigád
• Finance

  Orbán to propose Matolcsy for another term as MNB chief

  

  Prime Minister Viktor Orbán will propose György Matolcsy for a second term as governor of the National Bank of Hungary (MNB), the PM’s press chief said on Tuesday, according to a report by state news agency MTI.

   Wed, Feb. 13, 2019, 11:00

  • MNB
  • Matolcsy
  • governor
  • central bank
  • Orbán
  • appointment
• Economy

  CPI remains below mid-term target, but core inflation rises

  

  Consumer prices were 2.7% higher on average in January 2019 than a year earlier, level with the rate of inflation in December. Significant price rises have been measured over the past year for alcoholic beverages and tobacco, as well as food, according to the latest release of monthly data from the Central Statistical Office (KSH).

   Wed, Feb. 13, 2019, 09:30

  • inflation
  • consumer prices
  • CPI
  • KSH
  • MNB
  • underlying
• Economy

  Tourism sector closes strong year in 2018

  

  Commercial accommodation establishments saw a 3.8% growth in tourism nights in 2018, accompanied by a 9.3% rise in gross revenues compared to a year before, with December growth boosted by long weekends over the holiday period, according to data released by the Central Statistical Office (KSH).

   Tue, Feb. 12, 2019, 12:00

  • tourism
  • KSH
  • guest nights
  • growth
  • travel
  • Hungary
  • hotel
  • accommodation
  • occupancy