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Central Banks Should Promote Green, Digital Switchovers, Says Hungarian National Bank Governor

Central Banks Should Promote Green, Digital Switchovers, Says Hungarian National Bank Governor

All central banks must promote and support changes aimed at making the economy “green and digital”, National Bank of Hungary governor György Matolcsy said on Thursday, opening a conference held online under the auspices of the Eurasia Forum.
EU Court: Hungary Breaking EU Law By Criminalising Help For Asylum Seekers

EU Court: Hungary Breaking EU Law By Criminalising Help For Asylum Seekers

Hungary’s criminalisation of help given to people in making their claim for asylum breaches EU law, the European Court of Justice said on Tuesday.
EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

The European Bank for Reconstruction and Development (EBRD) raised its forecast for Hungary’s GDP growth this year to 7.7% in a biannual report published on Thursday.
Hungary Budget Deficit 2,292 Billion at End September, Says Finance Minister

Hungary Budget Deficit 2,292 Billion at End September, Says Finance Minister

Hungary’s cash-flow budget deficit, excluding local councils, was 2,292 billion forints (EUR 6.3bn) at the end of September, the finance ministry confirmed in a detailed reading of data on Friday.
Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga

Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga

Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in Hungary, allowing for an estimated 7% GDP growth this year, Finance Minister Mihály Varga said.
Gov't to Fund Manufacturing of Coronavirus Pharmaceuticals, Says Finance Minister

Gov't to Fund Manufacturing of Coronavirus Pharmaceuticals, Says Finance Minister

The Hungarian government is subsidising an expansion of pharmaceutical company Pannonpharma’s plant in Pécsvárad, southern Hungary, designed to manufacture drugs against the coronavirus, Finance Minister Mihály Varga said.
Hungarikum Park: HUF 30 Billion “Experience Center” Built from Taxpayers Money

Hungarikum Park: HUF 30 Billion “Experience Center” Built from Taxpayers Money

30 billion forints of public money and a lot of imagination was needed to create the Hungarikum Park, a brainchild of Sándor Lezsák, MP (Fidesz), poet and deputy speaker of the National Assembly.
Central Bank Governor C riticises Hungarian Government's Economic Policy

Central Bank Governor C riticises Hungarian Government's Economic Policy

György Matolcsy, the governor of the National Bank of Hungary, suggested the country’s economic development would be better served by an “economic policy centre with a mandate to achieve sustainable convergence” in the government’s institutional structure in an op-ed piece published online by daily Magyar Nemzet.
HUF 1.2 Billion in EU Funding Flies to Gyula for Airbus Plant in S.E. Hungary

HUF 1.2 Billion in EU Funding Flies to Gyula for Airbus Plant in S.E. Hungary

The municipality of Gyula in south-eastern Hungary has won 1.2 billion forints (EUR 3.3m) in European Union funding to support infrastructure developments around a plant Airbus Helicopters is building in the city, mayor Ernő Görgényi said on Tuesday.
Central Banks Should Promote Green, Digital Switchovers, Says Hungarian National Bank Governor

Central Banks Should Promote Green, Digital Switchovers, Says Hungarian National Bank Governor

All central banks must promote and support changes aimed at making the economy “green and digital”, National Bank of Hungary governor György Matolcsy said on Thursday, opening a conference held online under the auspices of the Eurasia Forum.
EU Court: Hungary Breaking EU Law By Criminalising Help For Asylum Seekers

EU Court: Hungary Breaking EU Law By Criminalising Help For Asylum Seekers

Hungary’s criminalisation of help given to people in making their claim for asylum breaches EU law, the European Court of Justice said on Tuesday.
EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

The European Bank for Reconstruction and Development (EBRD) raised its forecast for Hungary’s GDP growth this year to 7.7% in a biannual report published on Thursday.
Hungary Budget Deficit 2,292 Billion at End September, Says Finance Minister

Hungary Budget Deficit 2,292 Billion at End September, Says Finance Minister

Hungary’s cash-flow budget deficit, excluding local councils, was 2,292 billion forints (EUR 6.3bn) at the end of September, the finance ministry confirmed in a detailed reading of data on Friday.
Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga

Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga

Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in Hungary, allowing for an estimated 7% GDP growth this year, Finance Minister Mihály Varga said.
Gov't to Fund Manufacturing of Coronavirus Pharmaceuticals, Says Finance Minister

Gov't to Fund Manufacturing of Coronavirus Pharmaceuticals, Says Finance Minister

The Hungarian government is subsidising an expansion of pharmaceutical company Pannonpharma’s plant in Pécsvárad, southern Hungary, designed to manufacture drugs against the coronavirus, Finance Minister Mihály Varga said.
Hungarikum Park: HUF 30 Billion “Experience Center” Built from Taxpayers Money

Hungarikum Park: HUF 30 Billion “Experience Center” Built from Taxpayers Money

30 billion forints of public money and a lot of imagination was needed to create the Hungarikum Park, a brainchild of Sándor Lezsák, MP (Fidesz), poet and deputy speaker of the National Assembly.
Central Bank Governor C riticises Hungarian Government's Economic Policy

Central Bank Governor C riticises Hungarian Government's Economic Policy

György Matolcsy, the governor of the National Bank of Hungary, suggested the country’s economic development would be better served by an “economic policy centre with a mandate to achieve sustainable convergence” in the government’s institutional structure in an op-ed piece published online by daily Magyar Nemzet.
HUF 1.2 Billion in EU Funding Flies to Gyula for Airbus Plant in S.E. Hungary

HUF 1.2 Billion in EU Funding Flies to Gyula for Airbus Plant in S.E. Hungary

The municipality of Gyula in south-eastern Hungary has won 1.2 billion forints (EUR 3.3m) in European Union funding to support infrastructure developments around a plant Airbus Helicopters is building in the city, mayor Ernő Görgényi said on Tuesday.