Hungary Had Highest Inflation In EU This July
- 24 Aug 2020 9:52 AM
Hungary had the highest annual inflation rate among EU member state in July at 3.9%, according to Eurostat, writes novekedes.hu.
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Hungary’s Economy Will Rebound, Reaching Pre-Pandemic Levels By Early 2022, Predicts Rating Agency
- 17 Aug 2020 8:47 AM
Fitch Ratings and S+P Global Ratings both affirmed Hungary’s ‘BBB’ sovereign ratings with stable outlooks at scheduled reviews on Friday.
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Fraudsters Abuse Csányi Name Offering Cryptocurrency Services
- 11 Aug 2020 8:46 AM
Fraudsters are abusing the name of OTP chairman and CEO Sándor Csányi in messages offering cryptocurrency services, the bank warned the public on Monday.
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Loss From Lack Of Festivals In Hungary Could Amount To HUF 80 Billion
- 6 Aug 2020 7:07 AM
In addition to the cultural loss, the lack of festivals will cause the state treasury to lose at least HUF 80 billion in revenue this year, said István Márta, President of the Hungarian Festival Association (MFSZ) told Világgazdaság.
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Hungarian Opinion: Forint Depicted As More Resilient Than The Euro
- 6 Aug 2020 7:03 AM
A pro-government pundit regards the Forint as the cornerstone of Hungary’s political and economic independence, and predicts that the Hungarian currency will outlast the Euro.
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Hungary’s Average Gross Earnings At HUF 398,800 In May
- 4 Aug 2020 8:47 AM
In May 2020, average gross earnings amounted to HUF 398,800, 9.4% higher than a year earlier, but slightly lower than in April 2020 (HUF 400,200), according to data released by the Central Statistical Office (KSH).
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