GDP Down 2.4% in Hungary
- 4 Sep 2023 5:50 AM
Hungary’s economy contracted by an annual 2.4% in the second quarter, the second reading of data released by the Central Statistical Office (KSH) shows.
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K&H Bank Fined for Shortcomings on Money Laundering & Terrorism Financing
- 1 Sep 2023 11:57 AM
The MNB has fined K&H bank Ft 20 million for failing to fully comply with rules on the prevention of money laundering and the financing of terrorism, the central bank and financial market watchdog said.
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Central Bank Keeps Base Interest Rate on Hold at 13% in Hungary
- 30 Aug 2023 11:47 AM
Hungarian central bank (NBH) rate-setters kept the base rate unchanged at 13.0% at a regular policy meeting.
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Latest About When Hungary Will Adopt Euro
- 28 Aug 2023 9:57 AM
It is premature to talk about Hungary adopting the euro, Mihály Varga, the finance minister, said at the Tranzit festival in Tihany, in western Hungary.
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New Big Hungarian Banknotes Not on MNB's Agenda, Despite Speculation
- 17 Aug 2023 11:19 AM
The MNB is not planning to introduce new banknotes with higher denominations, the central bank replied to a query from Index.
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Summer Raids: Tax Agents Inspect Hungary's Lakeshore Establishments
- 17 Aug 2023 11:13 AM
The tax office NAV imposed Ft 10 million in penalties on vendors, catering units, and accommodation providers around Lake Balaton and Lake Velence in the regular summer inspections until the first week of August.
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