Forint Hits New Low Against Euro, Down Versus Dollar
- 27 Nov 2019 6:09 AM
The forint weakened against the euro on the interbank market on Tuesday morning to a new record low of 337.2.
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Revolut Celebrates 250,000 Users In Hungary
- 22 Nov 2019 9:08 AM
London-based fintech company Revolut announced reaching 250,000 users in Hungary, registering an eightfold increase in monthly transaction value since the beginning of the year, according to a press release.
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Hungary Does Not Comply With European Council's Budget Recommendations
- 21 Nov 2019 7:54 AM
Hungary has not taken action to comply with European Council budget recommendations, the European Commission said in a report released on Wednesday.
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Hungary Central Bank Leaves Base Rate On Hold
- 20 Nov 2019 5:42 AM
Rate-setters of the National Bank of Hungary left the base rate unchanged at 0.90% and the central bank O/N deposit rate at -0.05% at a regular meeting.
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Hungarian Opinion: Hungary’s GDP Growth Tops Europe Again
- 18 Nov 2019 8:51 AM
An independent economic analyst writes that the Hungarian economy is increasingly resilient to external shocks, including the slow down in Germany. As a result of growing Hungarian competitiveness and sound internal demand, Hungarian economy can maintain fast growth, he suggests.
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Hungarian Government To Tax Land Speculation
- 15 Nov 2019 8:36 AM
The government is aiming to stop speculation on land reclassification by levying a 90% tax on the extra value obtained by speculators, Index has learned.
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