National Bank Of Hungary’s Policy Makers Keep Base Rate On Hold
- 27 Feb 2019 7:26 AM
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.90% at a monthly policy meeting.
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Hungarian Gov't Takes Action Against Tax Evasion By Multinationals
- 27 Feb 2019 7:14 AM
The government plans to institute new rules with a view to preventing multinational companies from evading Hungarian taxes, a finance ministry official told the daily Magyar Nemzet.
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Retail Sales Growth Of 6% In 2018 Confirmed In Hungary
- 27 Feb 2019 6:37 AM
In December 2018, the volume of sales in retail shops rose by 3.7% according to raw data, and by 4.1% adjusted for calendar effects, compared to the same month of 2017, the Central Statistical Office (KSH) confirmed in a second reading.
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Fitch Upgrades Hungary To 'BBB'; Outlook 'Stable'
- 25 Feb 2019 8:46 AM
Fitch Ratings (Photo courtesy of Northfoto) raised Hungary’s Long-Term Foreign- and Local-Currency Issuer Default Ratings to ‘BBB’ from ‘BBB-’ at a scheduled review on Friday.
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Hungary’s Gross Wages Up 10.2% In December
- 22 Feb 2019 10:18 AM
Gross wage grew in Hungary by an annual 10.2% in December, the Central Statistical Office (KSH) said.
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Budapest 2019 Budget Approved - HUF 380 Billion Expenditure Expected
- 21 Feb 2019 7:08 AM
The municipal assembly of Budapest passed the city’s budget for 2019. According to the budget decree, the capital will have revenues totalling 266 billion forints (EUR 837.8m), while total expenditure is expected to reach 380 billion forints.
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