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NBH Policymakers Keep Base Rate On Hold

NBH Policymakers Keep Base Rate On Hold

The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.90% at a monthly policy meeting. The Council has left the base rate on hold since signalling an end to an easing cycle at a policy meeting in the spring of 2016.
U.S. Secretary Of State Marks Hungary National Holiday

U.S. Secretary Of State Marks Hungary National Holiday

US Secretary of State Mike Pompeo expressed his greetings to the Hungarian people on the occasion of Hungary’s August 20 national holiday Speaking on behalf of the US government, Pompeo called Hungary “a close friend and ally of the United States”.
Kaspersky Rejects Allegations Of Security Threat

Kaspersky Rejects Allegations Of Security Threat

Russian antivirus software developer Kaspersky Lab has rejected all allegations of links to the Russian authorities, or that it represents a threat to national security.
Five New Flights Introduced In Budapest Winter Timetable

Five New Flights Introduced In Budapest Winter Timetable

Five new airline services will be introduced in Budapest in the 2018/2019 winter timetable, with Wizz Air, easyJet and Polish airlines LOT connecting the Hungarian capital with new destinations.
Construction Sector Output Climbs Over 28% In June

Construction Sector Output Climbs Over 28% In June

Output of Hungary’s construction sector jumped by an annual 28.2% in June, rising at the fastest rate since January, data released by the Central Statistical Office (KSH) show.
Audit Office: Hospitals, Clinics Under ‘Chaotic’ Financial Management

Audit Office: Hospitals, Clinics Under ‘Chaotic’ Financial Management

The Hungarian Audit Office (ÁSZ) has completed an audit of hospitals and health clinics, and found their financial management to be often “scandalous and chaotic”, László Domokos, the office’s head, told the daily Magyar Idők.
Local Opinion: Fidesz Dominates Media Landscape

Local Opinion: Fidesz Dominates Media Landscape

After the ‘recapture’ of HírTV’ by the government side, left-wing commentators paint a bleak picture of the Hungarian media landscape, while a pro-government author lays the blame at the door of the tycoon who lured conservative journalists into his anti-Orbán offensive and then left them in the lurch.
IMF Urges Hungary To Reduce State Debt Faster

IMF Urges Hungary To Reduce State Debt Faster

The International Monetary Fund (IMF) recommended Hungary do more to reduce state debt as well as phase out sectoral taxes and undertake structural reforms to improve productivity in a staff report issued about six weeks after a visit to Budapest as part of regular Article IV consultations.
Hungarian Gov't Office Starts Procedure Against Wizz Air

Hungarian Gov't Office Starts Procedure Against Wizz Air

Budapest’s regional government office has initiated proceedings against lowcost airlines Wizz Air for its check-in practices which “ruin the holidays of dozens of passengers”.
NBH Policymakers Keep Base Rate On Hold

NBH Policymakers Keep Base Rate On Hold

The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.90% at a monthly policy meeting. The Council has left the base rate on hold since signalling an end to an easing cycle at a policy meeting in the spring of 2016.
U.S. Secretary Of State Marks Hungary National Holiday

U.S. Secretary Of State Marks Hungary National Holiday

US Secretary of State Mike Pompeo expressed his greetings to the Hungarian people on the occasion of Hungary’s August 20 national holiday Speaking on behalf of the US government, Pompeo called Hungary “a close friend and ally of the United States”.
Kaspersky Rejects Allegations Of Security Threat

Kaspersky Rejects Allegations Of Security Threat

Russian antivirus software developer Kaspersky Lab has rejected all allegations of links to the Russian authorities, or that it represents a threat to national security.
Five New Flights Introduced In Budapest Winter Timetable

Five New Flights Introduced In Budapest Winter Timetable

Five new airline services will be introduced in Budapest in the 2018/2019 winter timetable, with Wizz Air, easyJet and Polish airlines LOT connecting the Hungarian capital with new destinations.
Construction Sector Output Climbs Over 28% In June

Construction Sector Output Climbs Over 28% In June

Output of Hungary’s construction sector jumped by an annual 28.2% in June, rising at the fastest rate since January, data released by the Central Statistical Office (KSH) show.
Audit Office: Hospitals, Clinics Under ‘Chaotic’ Financial Management

Audit Office: Hospitals, Clinics Under ‘Chaotic’ Financial Management

The Hungarian Audit Office (ÁSZ) has completed an audit of hospitals and health clinics, and found their financial management to be often “scandalous and chaotic”, László Domokos, the office’s head, told the daily Magyar Idők.
Local Opinion: Fidesz Dominates Media Landscape

Local Opinion: Fidesz Dominates Media Landscape

After the ‘recapture’ of HírTV’ by the government side, left-wing commentators paint a bleak picture of the Hungarian media landscape, while a pro-government author lays the blame at the door of the tycoon who lured conservative journalists into his anti-Orbán offensive and then left them in the lurch.
IMF Urges Hungary To Reduce State Debt Faster

IMF Urges Hungary To Reduce State Debt Faster

The International Monetary Fund (IMF) recommended Hungary do more to reduce state debt as well as phase out sectoral taxes and undertake structural reforms to improve productivity in a staff report issued about six weeks after a visit to Budapest as part of regular Article IV consultations.
Hungarian Gov't Office Starts Procedure Against Wizz Air

Hungarian Gov't Office Starts Procedure Against Wizz Air

Budapest’s regional government office has initiated proceedings against lowcost airlines Wizz Air for its check-in practices which “ruin the holidays of dozens of passengers”.