Peter Magyar, the leader of the opposition Tisza Party, said on Wednesday that contrary to the government's "lies" that inflation had been stopped, latest figures showed that it was in fact on the rise again. More >>
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Watchdogs Bite: MBH Bank Group Fined by National Bank of Hungary
- 8 Jan 2025 11:49 AM
The National Bank of Hungary (NBH) has fined MBH Bank and its unit MBH Investment Bank HUF 27.5m for failing to complete remedial measures, the central bank and financial market watchdog said on Monday.
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Top Trades & Turnover: Exactly How Did Budapest Stock Exchange Perform Last Year?
- 3 Jan 2025 9:52 AM
Share turnover on the Budapest Stock Exchange came to HUF 2,960bn in 2024, the bourse said.
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Updated: First Place in EU: Over 1 Million Hungarians Have Govt Securities on Treasury Accounts
- 27 Dec 2024 11:39 AM
Over 1 million Hungarians have government securities on Treasury accounts, Finance Minister Mihaly Varga said in a video message posted on social media.
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Forint Hits Historic Low Against Pound And Two-Year Low Against Euro
- 20 Dec 2024 8:57 AM
The forint fell to a historic low against the pound and a two-year low against the euro on Thursday as investors reacted to Wednesday’s hawkish message from the US Federal Reserve and its signals of fewer rate cuts than expected earlier.
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New Tax, Consumer Protection & Trade State Secretary Appointed in Hungary
- 20 Dec 2024 7:02 AM
National Economy Minister Marton Nagy announced the appointment of Bence Gerlaki as new state secretary for tax policy, consumer protection and trade.
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Inflation in Hungary Predicted to Rise Over Coming Months, A National Bank Director Reveals
- 20 Dec 2024 6:38 AM
Inflation in Hungary will temporarily rise in the coming months, but will remain within the tolerance band throughout most of 2025, Andras Balatoni, a director of the National Bank of Hungary (NBH) said.
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