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Updated: Economic Policy Turnaround Called for by Hungarian Central Bank Governor

Updated: Economic Policy Turnaround Called for by Hungarian Central Bank Governor

  • 8 Sep 2024 6:14 AM
  • finance
Central bank governor Gyorgy Matolcsy called for a complete turnaround in Hungary's economic policy at the 62nd Itinerant Conference of Economists in Nyiregyhaza (NE Hungary).
Gov't “Seeks to Conceal” Purpose of One Billion Euro Loan to Hungary from China, Claims DK

Gov't “Seeks to Conceal” Purpose of One Billion Euro Loan to Hungary from China, Claims DK

The Democratic Coalition will file a request to the State Debt Management Centre for information concerning the terms of a one billion euro loan the government has recently taken out from China, László Varju, the opposition party’s deputy leader, told an online press conference.
Budapest Is Bankrupt, Finance Minister Announces

Budapest Is Bankrupt, Finance Minister Announces

The municipal court of appeals of Budapest has ruled that the city of Budapest cannot be exempted from certain tax payments, the finance minister said on Facebook on Tuesday, adding that the treasury had already collected 2 billion forints (EUR 5m) in tax arrears from the city’s account.
May Surplus Brings Budget Deficit to HUF 2,548 Billion In Hungary

May Surplus Brings Budget Deficit to HUF 2,548 Billion In Hungary

A 49 billion forint surplus (EUR 120m) for May brought Hungary’s cash flow-based general government deficit to 2,548.5 billion forints at the end of the month, the finance ministry said in a preliminary release of data.
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.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

The national economy ministry called communication by the Austrian owner of SPAR supermarkets in Hungary on government measures to bring down inflation “malicious” and “false”.
Inflation in Hungary 3.7% in February

Inflation in Hungary 3.7% in February

Annual inflation in Hungary was 3.7% in February, the Central Statistical Office (KSH) said. Month on month, prices rose by 0.7%.
Big Budget Deficit In Hungary Hits HUF 4,593 Billion In 2023

Big Budget Deficit In Hungary Hits HUF 4,593 Billion In 2023

Hungary’s cash-flow-based budget deficit came to 4,593.4 billion forints at the end of December, the Finance Ministry confirmed in a detailed reading of data published.
Updated: Economic Policy Turnaround Called for by Hungarian Central Bank Governor

Updated: Economic Policy Turnaround Called for by Hungarian Central Bank Governor

  • 8 Sep 2024 6:14 AM
  • finance
Central bank governor Gyorgy Matolcsy called for a complete turnaround in Hungary's economic policy at the 62nd Itinerant Conference of Economists in Nyiregyhaza (NE Hungary).
Gov't “Seeks to Conceal” Purpose of One Billion Euro Loan to Hungary from China, Claims DK

Gov't “Seeks to Conceal” Purpose of One Billion Euro Loan to Hungary from China, Claims DK

The Democratic Coalition will file a request to the State Debt Management Centre for information concerning the terms of a one billion euro loan the government has recently taken out from China, László Varju, the opposition party’s deputy leader, told an online press conference.
Budapest Is Bankrupt, Finance Minister Announces

Budapest Is Bankrupt, Finance Minister Announces

The municipal court of appeals of Budapest has ruled that the city of Budapest cannot be exempted from certain tax payments, the finance minister said on Facebook on Tuesday, adding that the treasury had already collected 2 billion forints (EUR 5m) in tax arrears from the city’s account.
May Surplus Brings Budget Deficit to HUF 2,548 Billion In Hungary

May Surplus Brings Budget Deficit to HUF 2,548 Billion In Hungary

A 49 billion forint surplus (EUR 120m) for May brought Hungary’s cash flow-based general government deficit to 2,548.5 billion forints at the end of the month, the finance ministry said in a preliminary release of data.
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.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

The national economy ministry called communication by the Austrian owner of SPAR supermarkets in Hungary on government measures to bring down inflation “malicious” and “false”.
Inflation in Hungary 3.7% in February

Inflation in Hungary 3.7% in February

Annual inflation in Hungary was 3.7% in February, the Central Statistical Office (KSH) said. Month on month, prices rose by 0.7%.
Big Budget Deficit In Hungary Hits HUF 4,593 Billion In 2023

Big Budget Deficit In Hungary Hits HUF 4,593 Billion In 2023

Hungary’s cash-flow-based budget deficit came to 4,593.4 billion forints at the end of December, the Finance Ministry confirmed in a detailed reading of data published.