IMF & EBRD Raises Hungary GDP Growth Forecast
- 30 Jun 2021 8:16 AM
The International Monetary Fund (IMF) has revised its forecast of Hungary’s economic growth to 6.2% in 2021, from a projected 4.3% in May, Finance Minister Mihály Varga said.
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Hungarian Opinion: National Bank Raises Base Rate
- 27 Jun 2021 8:15 AM
Commenting on the rate hike announced by the National Bank on Tuesday, a left-wing columnist interprets National Bank President Matolcsy’s criticism of overspending as a declaration of war on the government.
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Hungary Raises Base Rate
- 23 Jun 2021 10:57 AM
The Monetary Council of the National Bank of Hungary (NBH) decided to raise the central bank base rate by 30 basis points to 0.90% at a monthly policy meeting on Tuesday.
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Central Bank Advises Those Who Can to Exit Loan Moratorium
- 22 Jun 2021 7:11 AM
The central bank is advising clients with a solid financial position to opt out of the loan moratorium extended until August 2022.
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2022 Overspending Could Fuel Inflation Warns National Bank's Governor
- 22 Jun 2021 6:29 AM
National Bank of Hungary (NBH) governor György Matolcsy said he believes the 5.9%-of-GDP deficit target in the 2022 budget is “a mistake” and could set the country up for “persistently high inflation” in a column published on the website of daily Magyar Nemzet on Monday.
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Parliament Passes 2022 Budget, Four Opposition Parties Boycott Votes
- 16 Jun 2021 7:23 AM
Hungary's parliament passed into law the government's 2022 budget in a final vote on Tuesday.
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