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Updated: Why has Gov't Deficit Widened to Over HUF 1.7 Billion in Hungary?

Updated: Why has Gov't Deficit Widened to Over HUF 1.7 Billion in Hungary?

  • 27 Mar 2025 6:18 AM
  • finance
Hungary's cash flow-based general government deficit reached HUF 1,722.8bn at the end of February, the National Economy Ministry confirmed in a detailed release of data.
Fitch Revises Outlook in Hungary from Negative to Stable

Fitch Revises Outlook in Hungary from Negative to Stable

  • 9 Dec 2024 2:48 PM
  • finance
Fitch Ratings affirmed Hungary's investment-grade sovereign rating and revised the outlook to stable from negative on Friday, the National Economy Ministry said in a statement.
Moody's Takes Actions on Four Hungarian Banks

Moody's Takes Actions on Four Hungarian Banks

  • 6 Dec 2024 4:56 PM
  • finance
Moody's Ratings on Thursday took rating actions on four Hungarian banks, reflecting the change to negative from stable of the outlook on Hungary's Baa2 sovereign rating.

"Cause for Optimism”: GDP up 1.5% in Hungary

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.
Ties Between Suzuki & Hungary “More Than Just Business

Ties Between Suzuki & Hungary “More Than Just Business" Says Orbán

Prime Minister Viktor Orbán held talks with Toshihiro Suzuki, the CEO of Suzuki Motor Corporation, in Budapest, his press chief said.
S+P Analysts Expect Transfers of Withheld EU Funding to Hungary Soon

S+P Analysts Expect Transfers of Withheld EU Funding to Hungary Soon

S+P Global Ratings has affirmed Hungary’s investment grade rating in spite of the war and the energy crisis caused by sanctions policies, the Finance Ministry said.
Curbing Inflation in Hungary is Govt's Top Economic Policy Goal - More Austerity Ahead?

Curbing Inflation in Hungary is Govt's Top Economic Policy Goal - More Austerity Ahead?

Hungary’s government, in agreement with the central bank, considers curbing inflation its most important economic policy goal, Finance Minister Mihály Varga said.
S+P Downgrades Hungary to BBB-, Bounce-Back Expected

S+P Downgrades Hungary to BBB-, Bounce-Back Expected

S+P Global Ratings downgraded Hungary’s sovereign rating one notch to BBB- from BBB at a scheduled review on Friday.
Fitch Changes Outlook on Hungary BBB Rating to Negative

Fitch Changes Outlook on Hungary BBB Rating to Negative

  • 23 Jan 2023 8:41 AM
  • finance
Fitch Ratings affirmed Hungary’s investment grade BBB sovereign rating but changed the outlook to negative from stable at a scheduled review on Friday.
Updated: Why has Gov't Deficit Widened to Over HUF 1.7 Billion in Hungary?

Updated: Why has Gov't Deficit Widened to Over HUF 1.7 Billion in Hungary?

  • 27 Mar 2025 6:18 AM
  • finance
Hungary's cash flow-based general government deficit reached HUF 1,722.8bn at the end of February, the National Economy Ministry confirmed in a detailed release of data.
Fitch Revises Outlook in Hungary from Negative to Stable

Fitch Revises Outlook in Hungary from Negative to Stable

  • 9 Dec 2024 2:48 PM
  • finance
Fitch Ratings affirmed Hungary's investment-grade sovereign rating and revised the outlook to stable from negative on Friday, the National Economy Ministry said in a statement.
Moody's Takes Actions on Four Hungarian Banks

Moody's Takes Actions on Four Hungarian Banks

  • 6 Dec 2024 4:56 PM
  • finance
Moody's Ratings on Thursday took rating actions on four Hungarian banks, reflecting the change to negative from stable of the outlook on Hungary's Baa2 sovereign rating.

"Cause for Optimism”: GDP up 1.5% in Hungary

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.
Ties Between Suzuki & Hungary “More Than Just Business

Ties Between Suzuki & Hungary “More Than Just Business" Says Orbán

Prime Minister Viktor Orbán held talks with Toshihiro Suzuki, the CEO of Suzuki Motor Corporation, in Budapest, his press chief said.
S+P Analysts Expect Transfers of Withheld EU Funding to Hungary Soon

S+P Analysts Expect Transfers of Withheld EU Funding to Hungary Soon

S+P Global Ratings has affirmed Hungary’s investment grade rating in spite of the war and the energy crisis caused by sanctions policies, the Finance Ministry said.
Curbing Inflation in Hungary is Govt's Top Economic Policy Goal - More Austerity Ahead?

Curbing Inflation in Hungary is Govt's Top Economic Policy Goal - More Austerity Ahead?

Hungary’s government, in agreement with the central bank, considers curbing inflation its most important economic policy goal, Finance Minister Mihály Varga said.
S+P Downgrades Hungary to BBB-, Bounce-Back Expected

S+P Downgrades Hungary to BBB-, Bounce-Back Expected

S+P Global Ratings downgraded Hungary’s sovereign rating one notch to BBB- from BBB at a scheduled review on Friday.
Fitch Changes Outlook on Hungary BBB Rating to Negative

Fitch Changes Outlook on Hungary BBB Rating to Negative

  • 23 Jan 2023 8:41 AM
  • finance
Fitch Ratings affirmed Hungary’s investment grade BBB sovereign rating but changed the outlook to negative from stable at a scheduled review on Friday.