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Interest Rate Hiked by 185 Basis Points to 7.75% in Hungary

Interest Rate Hiked by 185 Basis Points to 7.75% in Hungary

Hungarian rate-setters (NBH) raised the base rate by 185 basis points to 7.75% at a monthly policy meeting on Tuesday.
Xpat Interview: H.E. Oleg Tulea, Ambassador of the Republic of Moldova to Hungary

Xpat Interview: H.E. Oleg Tulea, Ambassador of the Republic of Moldova to Hungary

  • 28 Dec 2021 11:10 AM
Your Excellency, You gave recently an ample picture about your country on the occasion of the 30th anniversary of its independence. Tell us please about Your diplomatic career, that was greatly enriched by Your experience as Minister of Foreign Affairs and European Integration of Moldova.
Hungarian Central Bank Raises Base Rate to 1.8 %

Hungarian Central Bank Raises Base Rate to 1.8 %

The MNB monetary council increased the base rate from 1.65% to 1.8% at its meeting on Tuesday, in line with expectations.
Hungary’s Wine World Finally Waking Up

Hungary’s Wine World Finally Waking Up

For the most part, the wine industry has continued to suffer the ill effects of the COVID-19 pandemic, though some players experienced a busy summer, and there have been signs of recovery.
Hungary Raises Base Rate

Hungary Raises Base Rate

The Monetary Council of the National Bank of Hungary (NBH) decided to raise the central bank base rate by 30 basis points to 0.90% at a monthly policy meeting on Tuesday.
'All Social Groups in Hungary Withstood Crisis', Says PM Orbán

'All Social Groups in Hungary Withstood Crisis', Says PM Orbán

Most people in Hungary have withstood the economic crisis linked to the pandemic, Prime Minister Viktor Orbán told a business conference, adding that he could not think of a single social group that had “gone to the wall”.
Special Report: Hungarian Women Seeking Abortion Increasingly opt for Vienna

Special Report: Hungarian Women Seeking Abortion Increasingly opt for Vienna

Hungary, where religion has little hold on society and abortion has been legal since 1992, could almost be considered a country where access to abortion is not a problem at all. Except that it involves two compulsory appointments with a childcare worker and that medical abortion isn’t allowed. As a result, hundreds of Hungarian women have abortions in Vienna every year.
Hungarian National Bank Suddenly Cuts Base Rate After Four Years

Hungarian National Bank Suddenly Cuts Base Rate After Four Years

Contrary to all forecasts, the MNB’s monetary council cut the base rate for the first time in four years yesterday, from 0.9% to 0.75%.
Motion Would Allow Overnight Ban On Spirits Sales At Tobacco Shops In Hungary

Motion Would Allow Overnight Ban On Spirits Sales At Tobacco Shops In Hungary

An MP of governing Fidesz has submitted a motion to Parliament that would allow local councils to ban sales of spirits in tobacco shops between 10:00 in the evening and 6:00 in the morning.
Interest Rate Hiked by 185 Basis Points to 7.75% in Hungary

Interest Rate Hiked by 185 Basis Points to 7.75% in Hungary

Hungarian rate-setters (NBH) raised the base rate by 185 basis points to 7.75% at a monthly policy meeting on Tuesday.
Xpat Interview: H.E. Oleg Tulea, Ambassador of the Republic of Moldova to Hungary

Xpat Interview: H.E. Oleg Tulea, Ambassador of the Republic of Moldova to Hungary

  • 28 Dec 2021 11:10 AM
Your Excellency, You gave recently an ample picture about your country on the occasion of the 30th anniversary of its independence. Tell us please about Your diplomatic career, that was greatly enriched by Your experience as Minister of Foreign Affairs and European Integration of Moldova.
Hungarian Central Bank Raises Base Rate to 1.8 %

Hungarian Central Bank Raises Base Rate to 1.8 %

The MNB monetary council increased the base rate from 1.65% to 1.8% at its meeting on Tuesday, in line with expectations.
Hungary’s Wine World Finally Waking Up

Hungary’s Wine World Finally Waking Up

For the most part, the wine industry has continued to suffer the ill effects of the COVID-19 pandemic, though some players experienced a busy summer, and there have been signs of recovery.
Hungary Raises Base Rate

Hungary Raises Base Rate

The Monetary Council of the National Bank of Hungary (NBH) decided to raise the central bank base rate by 30 basis points to 0.90% at a monthly policy meeting on Tuesday.
'All Social Groups in Hungary Withstood Crisis', Says PM Orbán

'All Social Groups in Hungary Withstood Crisis', Says PM Orbán

Most people in Hungary have withstood the economic crisis linked to the pandemic, Prime Minister Viktor Orbán told a business conference, adding that he could not think of a single social group that had “gone to the wall”.
Special Report: Hungarian Women Seeking Abortion Increasingly opt for Vienna

Special Report: Hungarian Women Seeking Abortion Increasingly opt for Vienna

Hungary, where religion has little hold on society and abortion has been legal since 1992, could almost be considered a country where access to abortion is not a problem at all. Except that it involves two compulsory appointments with a childcare worker and that medical abortion isn’t allowed. As a result, hundreds of Hungarian women have abortions in Vienna every year.
Hungarian National Bank Suddenly Cuts Base Rate After Four Years

Hungarian National Bank Suddenly Cuts Base Rate After Four Years

Contrary to all forecasts, the MNB’s monetary council cut the base rate for the first time in four years yesterday, from 0.9% to 0.75%.
Motion Would Allow Overnight Ban On Spirits Sales At Tobacco Shops In Hungary

Motion Would Allow Overnight Ban On Spirits Sales At Tobacco Shops In Hungary

An MP of governing Fidesz has submitted a motion to Parliament that would allow local councils to ban sales of spirits in tobacco shops between 10:00 in the evening and 6:00 in the morning.