Hungary Ranked 47th On WEF Global Competitiveness Index
- 10 Oct 2019 8:19 AM
Hungary has placed 47th among 141 countries in an annual competitiveness ranking compiled by the World Economic Forum (WEF).
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Hungarian National Bank May Ban Banks From Selling Gov’t Bonds
- 6 Oct 2019 7:59 AM
Magyar Posta and the state treasury should be granted exclusive rights to sell retail government bonds in the future, depriving banks of this business, MNB deputy governor Márton Nagy has proposed.
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Hungary Gross Wages Climb 10.7% In July
- 1 Oct 2019 7:46 AM
The average gross monthly wage for full-time workers in Hungary rose by an annual 10.7% to 362,595 forints (EUR 1,079) in July, the Central Statistical Office (KSH) said. Net wages grew at the same pace, reaching 241,126 forints.
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Hungarian Opposition Party Párbeszéd Calls On Gov't To Pave Way For Euro Entry
- 25 Sep 2019 7:03 AM
The opposition Párbeszéd party submitted a draft resolution to parliament calling on the government to take steps so that the euro can be introduced in Hungary as soon as possible.
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Hungarian Policy Makers Keep Base Rate On Hold
- 25 Sep 2019 6:07 AM
The Monetary Council of the National Bank of Hungary (NBH) decided to keep the central bank O/N deposit rate at -0.05% and the base rate at 0.90% at a monthly policy meeting.
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Hungarian Forint Weakens To Another Historic Low Against Euro
- 18 Sep 2019 7:28 AM
The forint weakened to over Ft 334 per euro on Tuesday, hitting a new historic low.
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