• 21 Dec 2025

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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.
Record Requests to Hook up Household Solar Panels to Hungarian Electricity Network of E.ON

Record Requests to Hook up Household Solar Panels to Hungarian Electricity Network of E.ON

Electricity distributor E.ON Hungária has announced the launch of 74 billion forints-worth of network investments in the period until 2026.
Updated: No New Battery Factories In Hungary? National Referendum Initiative Submitted By LMP

Updated: No New Battery Factories In Hungary? National Referendum Initiative Submitted By LMP

Opposition LMP has initiated a referendum to make setting up battery plants conditional on local citizens’ consent.
Inflation Expected to Fall to Single Digits by End 2023 - Hungary's Economy Minister

Inflation Expected to Fall to Single Digits by End 2023 - Hungary's Economy Minister

Economic growth may slow to 1.5% this year, but Hungary can avoid recession, and GDP might jump as high as 4% in 2024, the economy development minister told the weekly Mandiner.
No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

The Hungarian government is determined to avoid a recession this year, and its goal is to secure growth of 1.5% this year following a 4.5% growth in 2022, notwithstanding the mounting economic challenges, Márton Nagy, the minister of economic development said on Tuesday, opening a business lunch of the Hungarian-French Chamber of Commerce and Industry.
13% Base Rate Kept on Hold in Hungary

13% Base Rate Kept on Hold in Hungary

Hungarian rate-setters decided to keep the base rate on hold at 13% at a regular policy meeting on Tuesday, the first such meeting this year.
HUF 700 Billion Business Credit Scheme Launching in Hungary

HUF 700 Billion Business Credit Scheme Launching in Hungary

Hungary’s government will launch a 700 billion forint (EUR 1.8bn) subsidised credit scheme for businesses from February, the ministry of economic development said.
Cooperation With Mexico Benefits Hungarian Economy, Says FM Szijjártó

Cooperation With Mexico Benefits Hungarian Economy, Says FM Szijjártó

Hungary’s economy has benefitted a lot from cooperation with Mexico, its leading partner in Latin America, and Hungarian companies have “profited much” from Mexico’s industrial development, Péter Szijjártó, the minister of foreign affairs and trade, said on an official visit to Mexico City.
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.
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.
Record Requests to Hook up Household Solar Panels to Hungarian Electricity Network of E.ON

Record Requests to Hook up Household Solar Panels to Hungarian Electricity Network of E.ON

Electricity distributor E.ON Hungária has announced the launch of 74 billion forints-worth of network investments in the period until 2026.
Updated: No New Battery Factories In Hungary? National Referendum Initiative Submitted By LMP

Updated: No New Battery Factories In Hungary? National Referendum Initiative Submitted By LMP

Opposition LMP has initiated a referendum to make setting up battery plants conditional on local citizens’ consent.
Inflation Expected to Fall to Single Digits by End 2023 - Hungary's Economy Minister

Inflation Expected to Fall to Single Digits by End 2023 - Hungary's Economy Minister

Economic growth may slow to 1.5% this year, but Hungary can avoid recession, and GDP might jump as high as 4% in 2024, the economy development minister told the weekly Mandiner.
No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

The Hungarian government is determined to avoid a recession this year, and its goal is to secure growth of 1.5% this year following a 4.5% growth in 2022, notwithstanding the mounting economic challenges, Márton Nagy, the minister of economic development said on Tuesday, opening a business lunch of the Hungarian-French Chamber of Commerce and Industry.
13% Base Rate Kept on Hold in Hungary

13% Base Rate Kept on Hold in Hungary

Hungarian rate-setters decided to keep the base rate on hold at 13% at a regular policy meeting on Tuesday, the first such meeting this year.
HUF 700 Billion Business Credit Scheme Launching in Hungary

HUF 700 Billion Business Credit Scheme Launching in Hungary

Hungary’s government will launch a 700 billion forint (EUR 1.8bn) subsidised credit scheme for businesses from February, the ministry of economic development said.
Cooperation With Mexico Benefits Hungarian Economy, Says FM Szijjártó

Cooperation With Mexico Benefits Hungarian Economy, Says FM Szijjártó

Hungary’s economy has benefitted a lot from cooperation with Mexico, its leading partner in Latin America, and Hungarian companies have “profited much” from Mexico’s industrial development, Péter Szijjártó, the minister of foreign affairs and trade, said on an official visit to Mexico City.
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.