Hungarian Banks Freeze 500,000 Accounts
- 12 Nov 2019 8:37 AM
Banks have frozen the accounts of half a million clients, after the deadline for identification of account holders expired on October 31, the Bank Association announced on Monday.
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Hungary Trade Surplus At EUR 566 Million In September
- 12 Nov 2019 8:29 AM
Hungary had a 566 million euro trade surplus in September, the Central Statistical Office (KSH) said in a first reading of data.
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EC Raises Hungary 2019 GDP Growth Forecast To 4.6%
- 8 Nov 2019 10:05 AM
The European Commission raised its projection for Hungary’s GDP growth this year to 4.6% from 4.4% in a quarterly forecast.
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Hungarian Prime Minister Calls For Fair EU Budget
- 6 Nov 2019 6:47 AM
The European Union budget proposal put forward by the outgoing European Commission is “unfair”, Prime Minister Viktor Orbán said in Prague after the Friends of Cohesion summit held together with Visegrad Group leaders.
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Introducing Euro Was A Mistake In Hungary Says Matolcsy
- 5 Nov 2019 7:52 AM
Launching the euro “was a mistake” as almost none of the preconditions for a common currency had been met at the time, György Matolcsy, the governor of Hungary’s central bank, said in an article published in the Financial Times.
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Old 500 Forint Bank Notes Expire After Today
- 31 Oct 2019 8:23 AM
Old Ft 500 bank notes (pictured on top) will cease to be legal tender after October 31, the MNB warned on Wednesday.
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