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Hungary had a 556 million euro trade surplus in June, narrowing by 437 million euros from the same period a year earlier, the Central Statistical Office (KSH) said in a first reading of data.
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The leading independent business news site agrees with the decision of the National Bank to keep its base rate low.
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Financial service providers reported 10,379 suspicious transactions to the authorities in Hungary last year, the daily Magyar Nemzet reports.
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Hungary’s cash flow-based budget, excluding local councils, ran a deficit of 390 billion forints (EUR 1.2bn) or 39.1% of the 998.4 billion forint full-year target at the end of June, the finance ministry confirmed in a detailed release of data.
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At the invitation of CIB Bank and its parent company Intesa Sanpaolo, Apple co-founder Steve Wozniak will come to Budapest on October 30, speaking at the Novathon 2019 conference alongside other major international players in financial innovation.
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Hungary’s progressive tax on retailers in Hungary is compatible with European Union rules, a Court of Justice of the European Union (CJEU) advocate general has said.
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