Hungary Central Bank Keeps Base Rate On Hold
- 18 Nov 2020 10:03 AM
Hungarian rate setters on Tuesday kept the base rate at 0.60%, while they also left the interest rate corridor unchanged, the National Bank of Hungary said on Tuesday.
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Hungary 'Prepared To Veto EU Recovery Fund Budget'
- 9 Nov 2020 9:22 AM
Viktor Orbán is prepared to veto the EU budget and the recovery fund if the payment of funds to member states is tied to the rule of law, according to mandiner.hu.
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Forint Rallies After US Election
- 6 Nov 2020 11:24 AM
The Hungarian currency, which was flirting with an all-time low just a week ago, appreciated sharply this week and staged a strong rally after the US election on Tuesday.
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Fewer Hungarians Invest Savings, More Keep Cash At Home
- 5 Nov 2020 11:39 AM
Just 40% of Hungarians have savings invested in the money market, according to a survey in September by OTP Bank, the lowest level since the lender launched the annual gauge of financial self-care in 2011.
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Wage Growth In Hungary Slows To 9.1 Percent In August
- 31 Oct 2020 7:25 AM
Year-on-year wage growth in Hungary slowed to 9.1% in August from 10.8% in July, data released by the Central Statistical Office (KSH) on Friday show.
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Coronavirus: HUF 60 Billion Relief Aid Offered To Budapest To Finance Projects
- 29 Oct 2020 7:37 AM
The central government has decided to offer the city of Budapest an initial round of 60 billion forints (EUR 164.4m) in relief, if the government can take over the financing of a number of big municipal projects, the Prime Minister’s Office state secretary for Budapest developments told MTI.
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