Base Rate Raised to 1.65% by Hungarian Central Bank
- 22 Sep 2021 7:15 AM
Hungarian rate-setters raised the central bank’s base rate by 15 basis points to 1.65% at a scheduled meeting on Tuesday.
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Growth in Hungary Exceeded Pre-Pandemic Levels In Q2 of 2021
- 20 Sep 2021 7:32 AM
To keep Hungary on a growth path the government must launch its economic recovery and resilience programme in all parts of the country, Finance Minister Mihály Varga said on Friday.
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Rate-Setter Warns About Underestimating Risk of Persistent Rise in Inflation
- 18 Sep 2021 9:26 AM
It would be a mistake to underestimate the risk of a persistent rise in inflation, National Bank of Hungary deputy governor Barnabás Virág said, noting that inflation is rife around the world partly due to rapid post-pandemic recoveries.
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Hungary Issues USD 4.25 Billion of Dollar Bonds
- 18 Sep 2021 9:12 AM
Hungary issued 4.25 billion dollars of dollar bonds in a transaction that was four times oversubscribed, under favourable conditions, at a low interest rate and 10- and 30-year maturities, Finance Minister Mihály Varga said in a video on Facebook.
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EU Approves 2022-2027 Regional Aid Map for Hungary
- 18 Sep 2021 8:59 AM
The European Commission has approved, under European Union state aid rules, Hungary’s map for granting regional aid from 1 January 2022 to 31 December 2027, the EC said.
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Hungarian Opinion: Inflation Approaches 5%
- 14 Sep 2021 6:38 AM
A left-wing commentator accuses the government of incompetence in both forecasting and managing inflation. A government-friendly analyst, on the other hand, remarks that old age pensioners will be more than compensated for the rise in prices.
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