Hungary’s Investment Volume Falls By 12% In Q3
27 Nov 2020Investment volume in Hungary fell by an annual 12.0% in the third quarter of 2020, the Central Statistical Office (KSH) has said. More >>
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Hungarian Competition Watchdog Recaps 30 Years
- 23 Nov 2020 10:16 AM
The Competition Authority (GVH) has initiated 5,054 proceedings and levied Ft 100 billion in fines in 1,298 cases since its formation 30 years ago, the competition watchdog announced in a statement.
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Hungary Central Bank Keeps Base Rate On Hold
- 18 Nov 2020 10:03 AM
Hungarian rate setters on Tuesday kept the base rate at 0.60%, while they also left the interest rate corridor unchanged, the National Bank of Hungary said on Tuesday.
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Hungary 'Prepared To Veto EU Recovery Fund Budget'
- 9 Nov 2020 9:22 AM
Viktor Orbán is prepared to veto the EU budget and the recovery fund if the payment of funds to member states is tied to the rule of law, according to mandiner.hu.
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Forint Rallies After US Election
- 6 Nov 2020 11:24 AM
The Hungarian currency, which was flirting with an all-time low just a week ago, appreciated sharply this week and staged a strong rally after the US election on Tuesday.
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Fewer Hungarians Invest Savings, More Keep Cash At Home
- 5 Nov 2020 11:39 AM
Just 40% of Hungarians have savings invested in the money market, according to a survey in September by OTP Bank, the lowest level since the lender launched the annual gauge of financial self-care in 2011.
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Wage Growth In Hungary Slows To 9.1 Percent In August
- 31 Oct 2020 7:25 AM
Year-on-year wage growth in Hungary slowed to 9.1% in August from 10.8% in July, data released by the Central Statistical Office (KSH) on Friday show.
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