Hungarian economic policy cannot abandon its long-term intention of joining the eurozone, but there is no rush, Minister for National Economy Mihály Varga said Thursday at an event organized by the Joint Venture Association (JVSZ), state wire service MTI reported.
In the first four months of the year, Hungary’s natural decrease - which occurs when deaths outnumber live births - grew by 5,996 compared to the first four months of 2016, to 20,273, according to a first release of data by the Central Statistical Office (KSH) today.
With guest nights up by 41.3% since 2010, tourism in Hungary is on an exponential growth track. Record funds promise even more, including attempts to make visitors more aware of the other delights the country has to offer beyond the capital.
Hungary’s retail sales volume increased by 3.2% in April according to raw data and, mainly due to the Easter effect, by 1.7% adjusted for calendar effects compared to the same month of the previous year, according to a second estimate of data published today by the Central Statistical Office (KSH).
Moodyʼs Investors Service today upgraded the long-term local and foreign-currency deposit ratings of MKB Bank Zrt. from B3 to B2, according to a press release sent to the Budapest Business Journal.