559 result(s) for deficit
Budget Crisis Threatens Budapest’s Public Services, City Hall Rejects Insolvency Ultimatum
- 2 Dec 2025 6:15 AM
- current affairs
The financial stability of Budapest is currently at the centre of a fierce political standoff between the City Assembly and the national government. The dispute intensified this week after Mayor Gergely Karácsony and the city administration rejected a government proposal to declare the capital insolvent, an act the government had framed as a prerequisite for offering financial aid.
Forint Hits 18-Month High
- 20 Nov 2025 6:45 AM
- finance
By early Wednesday evening, the euro's exchange rate approached 381 Forints, marking an 18-month high for the Hungarian currency. The euro stood above 384 Forints on Wednesday morning, but the Forint began to strengthen steadily from 11 AM, with the rate falling below 381.7 Forints just before 7 PM.
Watch: Hungary Exempted from US Sanctions, but Brussels Still Banning Russian Energy Imports
- 12 Nov 2025 5:55 AM
- current affairs
Even though Hungary has secured an exemption from US sanctions, Brussels is still banning Russian energy imports from 2027, Viktor Orbán said on Tuesday. "They want to pursue the war and sanctions," the prime minister wrote on Facebook.
Budapest Fights Back Against Gov't: Sues for Return of Billion-Forint Payment
- 7 Nov 2025 7:41 AM
- finance
The Budapest city government is filing a compensation lawsuit to recover 28 billion forints (EUR 70m) "collected unlawfully" as solidarity contribution, plus interest, after the Supreme Court ruled in favour of the capital on Thursday in the case concerning the year 2023, Gergely Karacsony, the mayor of Budapest, told a press conference.
Officially Forecasted Inflation in Hungary 'Over Tolerance Band for Rest of Year'
- 26 Sep 2025 10:09 AM
- finance
The National Bank of Hungary (NBH) acknowledged a moderation of inflation in recent months compared to levels early in the year, but said CPI was expected to stay above the 2pc-4pc tolerance band for the rest of the year in a report.
Analysts See Forint Staying Strong
- 18 Sep 2025 7:07 AM
- finance
Analysts of MBH Bank expect the forint, which has reached a two-year high against major currencies, to remain strong for the rest of the year, reducing inflation expectations.
Updated: New 3% Mortgage Scheme in Hungary for First-Time Buyers
- 14 Jul 2025 2:04 PM
- property
The government has approved a 3pc home purchase credit programme for first-time buyers, Prime Minister Viktor Orban said during a break at a cabinet meeting.
New Forecasts for GDP Growth in Hungary Released by OECD
- 4 Jun 2025 9:53 AM
- finance
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.
Updated: Hungary Rolls out Europe's Biggest Tax Reduction Programme
- 9 Apr 2025 7:18 AM
- finance
New measures announced by the government will give Hungary the "most comprehensive" tax system supporting children and employment in Europe and possibly the world, Gergely Gulyas, the head of the Prime Minister's Office, said at a weekly press briefing.
Budget Crisis Threatens Budapest’s Public Services, City Hall Rejects Insolvency Ultimatum
- 2 Dec 2025 6:15 AM
- current affairs
The financial stability of Budapest is currently at the centre of a fierce political standoff between the City Assembly and the national government. The dispute intensified this week after Mayor Gergely Karácsony and the city administration rejected a government proposal to declare the capital insolvent, an act the government had framed as a prerequisite for offering financial aid.
Forint Hits 18-Month High
- 20 Nov 2025 6:45 AM
- finance
By early Wednesday evening, the euro's exchange rate approached 381 Forints, marking an 18-month high for the Hungarian currency. The euro stood above 384 Forints on Wednesday morning, but the Forint began to strengthen steadily from 11 AM, with the rate falling below 381.7 Forints just before 7 PM.
Watch: Hungary Exempted from US Sanctions, but Brussels Still Banning Russian Energy Imports
- 12 Nov 2025 5:55 AM
- current affairs
Even though Hungary has secured an exemption from US sanctions, Brussels is still banning Russian energy imports from 2027, Viktor Orbán said on Tuesday. "They want to pursue the war and sanctions," the prime minister wrote on Facebook.
Budapest Fights Back Against Gov't: Sues for Return of Billion-Forint Payment
- 7 Nov 2025 7:41 AM
- finance
The Budapest city government is filing a compensation lawsuit to recover 28 billion forints (EUR 70m) "collected unlawfully" as solidarity contribution, plus interest, after the Supreme Court ruled in favour of the capital on Thursday in the case concerning the year 2023, Gergely Karacsony, the mayor of Budapest, told a press conference.
Officially Forecasted Inflation in Hungary 'Over Tolerance Band for Rest of Year'
- 26 Sep 2025 10:09 AM
- finance
The National Bank of Hungary (NBH) acknowledged a moderation of inflation in recent months compared to levels early in the year, but said CPI was expected to stay above the 2pc-4pc tolerance band for the rest of the year in a report.
Analysts See Forint Staying Strong
- 18 Sep 2025 7:07 AM
- finance
Analysts of MBH Bank expect the forint, which has reached a two-year high against major currencies, to remain strong for the rest of the year, reducing inflation expectations.
Updated: New 3% Mortgage Scheme in Hungary for First-Time Buyers
- 14 Jul 2025 2:04 PM
- property
The government has approved a 3pc home purchase credit programme for first-time buyers, Prime Minister Viktor Orban said during a break at a cabinet meeting.
New Forecasts for GDP Growth in Hungary Released by OECD
- 4 Jun 2025 9:53 AM
- finance
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.
Updated: Hungary Rolls out Europe's Biggest Tax Reduction Programme
- 9 Apr 2025 7:18 AM
- finance
New measures announced by the government will give Hungary the "most comprehensive" tax system supporting children and employment in Europe and possibly the world, Gergely Gulyas, the head of the Prime Minister's Office, said at a weekly press briefing.