Hungarians have the lowest amounts of debt relative to their incomes in European comparison, but many still experience difficulty with paying their bills, according to a fresh survey by receivables management company Intrum. More >>
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Instant Bank Transfers Start On 2 March In Hungary
- 13 Feb 2020 9:00 AM
Instant bank transfers will go into effect on March 2, MNB director Lajos Bartha announced on Wednesday.
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Hungary Gender Pension Gap Below EU Average
- 11 Feb 2020 9:21 AM
In 2018, women in Hungary received a pension that was on average 16% below that of men, meaning that the gender gap in pensions was smaller than the EU average of 30%, according to statistical agency Eurostat.
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Hungary Buys Back USD 1 Billion Of Dollar Bonds
- 30 Jan 2020 7:42 AM
Hungary has bought back 1 billion dollars of high-yield FX bonds, saving the state 42.7 billion forints (EUR 26.4m) in debt servicing expenditures, Finance Minister Mihály Varga told MTI.
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Hungarian Rate-Setters Keep Base Rate On Hold At 0.90%
- 29 Jan 2020 10:06 AM
Rate-setters of the National Bank of Hungary kept the base rate on hold at 0.90%.
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Hungarian Forint Reaches Record Low
- 24 Jan 2020 8:00 AM
The forint hit its weakest position ever against the euro at Ft 327.26 on Thursday, losing 0.2% over the previous day.
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Hungarian Finance Minister Forecasts Break-Even Budget By 2022 Or 2023
- 24 Jan 2020 7:53 AM
Finance Minister Mihály Varga said Hungary’s government could draft a budget without a deficit by 2022 or 2023 in an interview published in the latest issue of the weekly Mandiner.
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