The International Monetary Fund (IMF) forecasts the Hungarian economy returning to growth this year and taking its place in the vanguard of the EU’s growth performers next year, Mihály Varga, the finance minister, said on Tuesday, adding that the IMF prognosis echoes that of the latest European Commission projection. More >>
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Now 7.75%: Central Bank in Hungary Cuts Base Rate Again
- 25 Apr 2024 6:56 AM
Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.
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Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries
- 23 Apr 2024 2:20 PM
Hungary’s taxes are not to blame for high fuel prices, the finance minister said on Monday, adding that taxes on fuels were among the lowest in the European Union.
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To Minimise Fraud OTP Limits Online & Mobile Transfers in Hungary
- 20 Apr 2024 9:20 AM
OTP bank will automatically set a daily limit transfer of Ft 1 million for internet and mobile banking transactions for retail customers starting May 8.
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Buying State Bonds Online Recently Became Popular in Hungary
- 18 Apr 2024 6:44 AM
Households making use of the possibility of opening treasury accounts online have invested a total of Ft 60 billion in state bonds since this option became available in December, Finance Minister Mihály Varga announced on Facebook.
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IMF Lowers Hungary's GDP Growth Forecast to 2.2%
- 17 Apr 2024 5:25 AM
The International Monetary Fund (IMF) projected Hungary’s GDP would grow by 2.2% this year in its latest World Economic Outlook.
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'Flawed' Pension Policy: Hungary’s Economy “In Big Trouble”, According to Opposition
- 15 Apr 2024 5:33 AM
Hungary’s economy “is in big trouble”, according to the opposition Socialists, who slammed the government’s “flawed” pensions policy.
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