Fitch Changes Outlook on Hungary BBB Rating to Negative
- 23 Jan 2023 8:41 AM
Fitch Ratings affirmed Hungary’s investment grade BBB sovereign rating but changed the outlook to negative from stable at a scheduled review on Friday.
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Hungary's FinMin Criticises EC’s Approach to Erasmus Program, & US Inflation Reduction Act
- 18 Jan 2023 9:03 AM
Should negotiations with the Economic Commission fail, Hungary will bear the costs of the Erasmus student grant programme, Finance Minister Mihály Varga said on Tuesday in Brussels.
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Forex Bonds Worth USD 4.25 Billion Issued by Hungary
- 6 Jan 2023 9:17 AM
Hungary has issued forex bonds worth a total 4.25 billion dollars, the finance minister has announced.
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EU Monies 'Possibly Accessible' for Hungary by Spring
- 30 Dec 2022 7:11 AM
Should the European Parliament approve related legislation on time, EU funding could be accessible for Hungary by April or May 2023, the regional development minister has said.
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Significant Reduction of Inflation in Hungary Predicted by Central Bank
- 28 Dec 2022 9:55 AM
Inflation will be markedly reduced from the second half of next year by both external and internal factors, and a "rapid rebound" of the slowing economic growth is also expected from July, said András Balatoni, director of the Economic Forecasting and Analysis Directorate of the Hungarian National Bank (MNB), in the central bank's December Inflation Report. presentation at an online press conference on Thursday.
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Employers & Unions in Hungary Sign Minimum Wage Agreement
- 22 Dec 2022 8:24 AM
Representatives of employers and unions signed an agreement on next year’s minimum wage rise.
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