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Hungary’s budget deficit, excluding local councils, was 1,837 billion forints (EUR 5.16bn) at the end of June, the Finance Ministry said in a preliminary release of data.
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Hungary consumer price index increased by an annual 2.9% in June, the Central Statistical Office (KSH) said.
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The government has expanded its online tax accounting system, heralding a new era in tax returns and efforts to whiten the economy, a finance ministry official has told MTI in an interview.
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OTP and its fintech unit OTP Mobil have rolled out a new mobile payment method based on instant payments that reads QR codes, the bank announced on Monday.
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In a bid to crack down on tax cheats, the government is changing rules governing the Itemised Tax for Small Businesses (KATA) from next year.
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Revolut has opened a forint account with Raiffeisen Bank, the international fintech company told Portfolio on Thursday.
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