Fitch Ratings affirmed Hungary’s ‘BBB’ sovereign rating with a stable outlook at a scheduled review on Friday. More >>
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Hungary Central Bank Raises Base Rate Again
- 28 Jul 2021 9:23 AM
Hungarian rate-setters raised the central bank’s base rate by 30 basis points to 1.20% at a scheduled meeting on Tuesday, while they also changed the interest rate corridor.
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Opposition Party DK Vows to Lead Hungary Into Euro Zone
- 27 Jul 2021 11:24 AM
The Democratic Coalition will lead Hungary into the euro zone if it is victorious in next year’s general election, Balázs Barkóczi, the party’s spokesman, told an online press conference.
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Govt's Economic Recovery Strategy Over-Reliant on 'Steel & Concrete', Says Matolcsy
- 27 Jul 2021 11:16 AM
Hungary’s sustainable convergence with more developed economies could be inhibited if the government continues to rely on the construction sector to prop up growth once the economy recovers, György Matolcsy wrote in an article published on Monday.
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National Bank Governor Plugs Away at Arguments for Fiscal Tightening
- 20 Jul 2021 7:14 AM
National Bank of Hungary (NBH) governor György Matolcsy reiterated and refined arguments for reining in next year’s budget deficit in an op-ed piece published on the website of daily Magyar Nemzet on Monday.
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Hungarian Socialists Urge Closing Gender Pay Gap
- 13 Jul 2021 10:37 AM
The opposition Socialist Party urged steps to be taken to eliminate the wage gap between men and women in Hungary.
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Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank
- 13 Jul 2021 9:18 AM
György Matolcsy, the governor of Hungary’s central bank, has suggested in an op-ed that the euro area should have two exchange rates, one for northern member states and another for the bloc’s southern ones.
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