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Watch: Is Hungary the Sick Man of Europe?

Watch: Is Hungary the Sick Man of Europe?

  • 5 Dec 2024 6:06 AM
  • finance
By all accounts, the Hungarian economy is not doing well, according to this video by TVP World - Poland's first English-language channel. 
Higher Tax Allowance Approved for Families Raising Children in Hungary

Higher Tax Allowance Approved for Families Raising Children in Hungary

  • 27 Nov 2024 5:17 AM
  • finance
Tax allowances for families raising children are set to double in line with the tax changes parliament approved in a vote on Tuesday, the state secretary for family affairs said.
Recent Retail Sales Up in Hungary

Recent Retail Sales Up in Hungary

Retail sales increased by an annual 2.6% in June, according to unadjusted data, the Central Statistical Office (KSH) said. Based on calendar-year adjusted data, sales were down by 0.1% on the previous month.
Photos: Unprecedented Crowds at Péter Magyar's Latest Rally in Hungary

Photos: Unprecedented Crowds at Péter Magyar's Latest Rally in Hungary

Hungary needs love and peace; it needs to bury the trenches, and a leadership that “doesn’t pretend to be rural and family-friendly, or Christian, but works every day in the interest of the Hungarian people,”
Opposition DK Demands End to Battery Plant Construction in Hungary

Opposition DK Demands End to Battery Plant Construction in Hungary

To avoid further fatal accidents, the construction of all battery plants must be stopped and the already existing facilities reviewed, the opposition Democratic Coalition said.
Updated: Fraud Suspected Around Chain Bridge Revamp - Will Budapest Mayor Explain

Updated: Fraud Suspected Around Chain Bridge Revamp - Will Budapest Mayor Explain "Where Is All That Money?”

A recent report by the Government Control Office (KEHI) raises the suspicion of a “serious misuse” of funds concerning the renovation of Budapest’s Chain Bridge, a municipal project, Balázs Hidvéghi said.
Bank-Transfer Fraud Update: Cybershield Programme Extended in Hungary Until 2027

Bank-Transfer Fraud Update: Cybershield Programme Extended in Hungary Until 2027

Although the value of damages caused by bank-transfer fraud decreased in 2023, further efforts are necessary and the participants of the CyberShield programme are extending their cooperation until 2027, National Bank of Hungary (NBH) deputy director governor Csaba Kandracs has said.
Why Do Hungarians Keep 12% of Savings Abroad?

Why Do Hungarians Keep 12% of Savings Abroad?

Hungarians had a total of Ft 1.7 trillion in foreign bank accounts at the end of 2023, equal to 12% of all retail bank deposits, according to data from the MNB.
Hungary to Lift Cap on Deposit Rates from April 1

Hungary to Lift Cap on Deposit Rates from April 1

The government will phase out a cap on deposit rates from April 1, the national economy ministry said.
Watch: Is Hungary the Sick Man of Europe?

Watch: Is Hungary the Sick Man of Europe?

  • 5 Dec 2024 6:06 AM
  • finance
By all accounts, the Hungarian economy is not doing well, according to this video by TVP World - Poland's first English-language channel. 
Higher Tax Allowance Approved for Families Raising Children in Hungary

Higher Tax Allowance Approved for Families Raising Children in Hungary

  • 27 Nov 2024 5:17 AM
  • finance
Tax allowances for families raising children are set to double in line with the tax changes parliament approved in a vote on Tuesday, the state secretary for family affairs said.
Recent Retail Sales Up in Hungary

Recent Retail Sales Up in Hungary

Retail sales increased by an annual 2.6% in June, according to unadjusted data, the Central Statistical Office (KSH) said. Based on calendar-year adjusted data, sales were down by 0.1% on the previous month.
Photos: Unprecedented Crowds at Péter Magyar's Latest Rally in Hungary

Photos: Unprecedented Crowds at Péter Magyar's Latest Rally in Hungary

Hungary needs love and peace; it needs to bury the trenches, and a leadership that “doesn’t pretend to be rural and family-friendly, or Christian, but works every day in the interest of the Hungarian people,”
Opposition DK Demands End to Battery Plant Construction in Hungary

Opposition DK Demands End to Battery Plant Construction in Hungary

To avoid further fatal accidents, the construction of all battery plants must be stopped and the already existing facilities reviewed, the opposition Democratic Coalition said.
Updated: Fraud Suspected Around Chain Bridge Revamp - Will Budapest Mayor Explain

Updated: Fraud Suspected Around Chain Bridge Revamp - Will Budapest Mayor Explain "Where Is All That Money?”

A recent report by the Government Control Office (KEHI) raises the suspicion of a “serious misuse” of funds concerning the renovation of Budapest’s Chain Bridge, a municipal project, Balázs Hidvéghi said.
Bank-Transfer Fraud Update: Cybershield Programme Extended in Hungary Until 2027

Bank-Transfer Fraud Update: Cybershield Programme Extended in Hungary Until 2027

Although the value of damages caused by bank-transfer fraud decreased in 2023, further efforts are necessary and the participants of the CyberShield programme are extending their cooperation until 2027, National Bank of Hungary (NBH) deputy director governor Csaba Kandracs has said.
Why Do Hungarians Keep 12% of Savings Abroad?

Why Do Hungarians Keep 12% of Savings Abroad?

Hungarians had a total of Ft 1.7 trillion in foreign bank accounts at the end of 2023, equal to 12% of all retail bank deposits, according to data from the MNB.
Hungary to Lift Cap on Deposit Rates from April 1

Hungary to Lift Cap on Deposit Rates from April 1

The government will phase out a cap on deposit rates from April 1, the national economy ministry said.