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IMF Lowers Hungary's GDP Growth Forecast to 2.2%

IMF Lowers Hungary's GDP Growth Forecast to 2.2%

The International Monetary Fund (IMF) projected Hungary’s GDP would grow by 2.2% this year in its latest World Economic Outlook.
’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

Orbán called the concept of the global minimum corporate tax a “job killing tax hike”, and said the government refused to approve its introduction in Hungary.
Erste Bank to Absorb Commerzbank Clients in Hungary

Erste Bank to Absorb Commerzbank Clients in Hungary

Erste Bank branches will be closed from 10 p.m. December 1 to midnight on December 4, as the bank takes over former Commerzbank clients, the bank announced.
Big GDP Gap Between Budapest & Other Regions of Hungary

Big GDP Gap Between Budapest & Other Regions of Hungary

The gap between Budapest and Hungary’s other regions in terms of GDP per capita is still large, Tibor Navracsics, the minister of regional development, said.
EC Raises Hungary 2022 GDP Growth Forecast to 5.2%

EC Raises Hungary 2022 GDP Growth Forecast to 5.2%

The European Commission has raised its projection for Hungary’s GDP growth this year to 5.2% and said it would slow to 2.1% in 2023.
Watchdog Puts Bank Fees Under Heightened Scrutiny in Hungary

Watchdog Puts Bank Fees Under Heightened Scrutiny in Hungary

The National Bank of Hungary (NBH) said it will make scrutinising changes to lenders’ fees a “priority” as banks pay a windfall tax and the transactions duty is extended.
PPI Increases by 14.4% in August in Hungary

PPI Increases by 14.4% in August in Hungary

Factory gate prices in Hungary increased by an annual 14.4% in August, the Central Statistical Office (KSH) said on Thursday.
Hungarian Finance Minister Augurs Economic Turnaround In First Half Of 2021

Hungarian Finance Minister Augurs Economic Turnaround In First Half Of 2021

Finance Minister Mihály Varga (pictured on top) projected the economy would turn around in the first half of next year as the recovery from the coronavirus crisis is slow across Europe, in an interview on public radio.
Hungarian Opinion: Soros Accused Of Speculating Against Forint

Hungarian Opinion: Soros Accused Of Speculating Against Forint

The pro-government media suspects that the extreme volatility the Hungarian currency has shown over the past few days is due to speculative sales. They all believe that American-Hungarian financier George Soros may be the one pulling the strings. A liberal weekly ridicules that assumption.
IMF Lowers Hungary's GDP Growth Forecast to 2.2%

IMF Lowers Hungary's GDP Growth Forecast to 2.2%

The International Monetary Fund (IMF) projected Hungary’s GDP would grow by 2.2% this year in its latest World Economic Outlook.
’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

Orbán called the concept of the global minimum corporate tax a “job killing tax hike”, and said the government refused to approve its introduction in Hungary.
Erste Bank to Absorb Commerzbank Clients in Hungary

Erste Bank to Absorb Commerzbank Clients in Hungary

Erste Bank branches will be closed from 10 p.m. December 1 to midnight on December 4, as the bank takes over former Commerzbank clients, the bank announced.
Big GDP Gap Between Budapest & Other Regions of Hungary

Big GDP Gap Between Budapest & Other Regions of Hungary

The gap between Budapest and Hungary’s other regions in terms of GDP per capita is still large, Tibor Navracsics, the minister of regional development, said.
EC Raises Hungary 2022 GDP Growth Forecast to 5.2%

EC Raises Hungary 2022 GDP Growth Forecast to 5.2%

The European Commission has raised its projection for Hungary’s GDP growth this year to 5.2% and said it would slow to 2.1% in 2023.
Watchdog Puts Bank Fees Under Heightened Scrutiny in Hungary

Watchdog Puts Bank Fees Under Heightened Scrutiny in Hungary

The National Bank of Hungary (NBH) said it will make scrutinising changes to lenders’ fees a “priority” as banks pay a windfall tax and the transactions duty is extended.
PPI Increases by 14.4% in August in Hungary

PPI Increases by 14.4% in August in Hungary

Factory gate prices in Hungary increased by an annual 14.4% in August, the Central Statistical Office (KSH) said on Thursday.
Hungarian Finance Minister Augurs Economic Turnaround In First Half Of 2021

Hungarian Finance Minister Augurs Economic Turnaround In First Half Of 2021

Finance Minister Mihály Varga (pictured on top) projected the economy would turn around in the first half of next year as the recovery from the coronavirus crisis is slow across Europe, in an interview on public radio.
Hungarian Opinion: Soros Accused Of Speculating Against Forint

Hungarian Opinion: Soros Accused Of Speculating Against Forint

The pro-government media suspects that the extreme volatility the Hungarian currency has shown over the past few days is due to speculative sales. They all believe that American-Hungarian financier George Soros may be the one pulling the strings. A liberal weekly ridicules that assumption.