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The state debt manager ÁKK has been ordered in a final court ruling to release the contracts related to a €1 billion Chinese loan agreement, it was announced by Democratic Coalition MP László Varju, who started the case.
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Hungary’s economy stagnated in the first quarter of 2025, with gross domestic product showing no growth on raw data and contracting 0.4% on seasonally and calendar-adjusted terms year-on-year.
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Over one-third of auctions of property seized by the National Tax and Customs Administration (NAV) are successful, with a wide range of sometimes interesting items up for grabs.
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The OECD forecasts Hungary's GDP growth will reach 0.9pc in 2025 before accelerating to 2.4pc in 2026 in its latest Economic Outlook published.
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Moody's Ratings affirmed Hungary's investment-grade sovereign rating at a scheduled review on Friday, the National Economy Ministry said in a statement.
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The Monetary Council of the National Bank of Hungary (NBH) decided to leave the central bank base rate unchanged at 6.50pc at a monthly policy meeting on Tuesday.
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