According to information confirmed by Albanian police, Macedoniaʼs ex-Prime Minister Nikola Gruevski used a car owned by the Embassy of Hungary in Albania to escape Macedonia, multiple reports say.
Risk of overvaluation on the home market in Budapest has increased, with growth disparities between Budapest and other settlements also on the rise, the Central Bank of Hungary (MNB) said in a biannual report released on Thursday, Hungarian news agency MTI reports
The National Bank of Hungary kept the base rate at 0.9% at its latest rate setting meeting. But more importantly, it revealed moves to simplify and fine-tune its set of policy instruments. Analysts say that it might signal the start of a tightening cycle in the longer run. In the short-term, however, the central bank is expected to stick to its dovish stance.
Former Macedonian Prime Minister Nikola Gruevski has reportedly fled to Hungary, where he said in a Facebook post he is “seeking political asylum,” days after he was set to begin a two-year prison sentence on corruption charges, according to news agency reports.
Gross domestic product (GDP) in Hungary was up 4.8% according to raw data in the third quarter of 2018, compared to the corresponding period of the previous year, shows a flash estimate from the Central Statistical Office (KSH). Most industries contributed to the growth, market-based services to the greatest extent.