• 17 Jun 2024

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114 result(s) for deficit in Finance

Another HUF 170 billion in EU Funding Received by Hungary

Another HUF 170 billion in EU Funding Received by Hungary

Hungary has received another 170 billion forints (EUR 445m) in European Union funding, Finance Minister Mihály Varga said on Facebook on Tuesday.
Base Rate Cut by Central Bank in Hungary

Base Rate Cut by Central Bank in Hungary

Hungarian central bank (NBH) rate-setters cut the base rate by 75 basis points, to 10.75%, at a regular policy meeting.
IMF Cuts Hungary GDP Forecast

IMF Cuts Hungary GDP Forecast

The International Monetary Fund (IMF) forecasts Hungary’s economy contracting by 0.3% this year.
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.
Moody’s Gives Positive Assessment of Hungary’s Return to Path of High Growth

Moody’s Gives Positive Assessment of Hungary’s Return to Path of High Growth

Moody’s has affirmed Hungary’s investment grade rating in spite of the crisis caused by the war and sanctions, the Finance Ministry told MTI.
Latest About When Hungary Will Adopt Euro

Latest About When Hungary Will Adopt Euro

It is premature to talk about Hungary adopting the euro, Mihály Varga, the finance minister, said at the Tranzit festival in Tihany, in western Hungary.
Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Ratings has affirmed Hungary’s ‘BBB’ sovereign rating with a negative outlook. “Hungary’s ratings are supported by strong structural indicators relative to ‘BBB’ peers, a record of economic growth fuelled by investments and solid net FDI inflows,” Fitch said in a scheduled review.
'Too Little': Opposition in Hungary Slams Draft 2024 Budget

'Too Little': Opposition in Hungary Slams Draft 2024 Budget

The opposition Democratic Coalition (DK) on Tuesday slammed the draft budget for 2024 as “without thought … the budget of idleness”, during the bill’s debate in parliament.
Base Rate Kept at 13%, but Central Bank in Hungary Cuts O/N Collateralised Loan Rate

Base Rate Kept at 13%, but Central Bank in Hungary Cuts O/N Collateralised Loan Rate

Hungarian central bank rate-setters decided to leave the base rate on hold at 13%, but voted to cut the central bank’s O/N collateralised loan rate by 100 basis points to 19.50% at a monthly policy meeting.
Another HUF 170 billion in EU Funding Received by Hungary

Another HUF 170 billion in EU Funding Received by Hungary

Hungary has received another 170 billion forints (EUR 445m) in European Union funding, Finance Minister Mihály Varga said on Facebook on Tuesday.
Base Rate Cut by Central Bank in Hungary

Base Rate Cut by Central Bank in Hungary

Hungarian central bank (NBH) rate-setters cut the base rate by 75 basis points, to 10.75%, at a regular policy meeting.
IMF Cuts Hungary GDP Forecast

IMF Cuts Hungary GDP Forecast

The International Monetary Fund (IMF) forecasts Hungary’s economy contracting by 0.3% this year.
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.
Moody’s Gives Positive Assessment of Hungary’s Return to Path of High Growth

Moody’s Gives Positive Assessment of Hungary’s Return to Path of High Growth

Moody’s has affirmed Hungary’s investment grade rating in spite of the crisis caused by the war and sanctions, the Finance Ministry told MTI.
Latest About When Hungary Will Adopt Euro

Latest About When Hungary Will Adopt Euro

It is premature to talk about Hungary adopting the euro, Mihály Varga, the finance minister, said at the Tranzit festival in Tihany, in western Hungary.
Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Ratings has affirmed Hungary’s ‘BBB’ sovereign rating with a negative outlook. “Hungary’s ratings are supported by strong structural indicators relative to ‘BBB’ peers, a record of economic growth fuelled by investments and solid net FDI inflows,” Fitch said in a scheduled review.
'Too Little': Opposition in Hungary Slams Draft 2024 Budget

'Too Little': Opposition in Hungary Slams Draft 2024 Budget

The opposition Democratic Coalition (DK) on Tuesday slammed the draft budget for 2024 as “without thought … the budget of idleness”, during the bill’s debate in parliament.
Base Rate Kept at 13%, but Central Bank in Hungary Cuts O/N Collateralised Loan Rate

Base Rate Kept at 13%, but Central Bank in Hungary Cuts O/N Collateralised Loan Rate

Hungarian central bank rate-setters decided to leave the base rate on hold at 13%, but voted to cut the central bank’s O/N collateralised loan rate by 100 basis points to 19.50% at a monthly policy meeting.