Economy

arstop cimlapkep
December 14, 2022 09:05

Hungarian government extends food price freeze

A blow to the retail sector, fuel to inflation

nyugdíj nyugdíjas getty stock
December 14, 2022 08:40

Hungarian pensions still eaten up by huge living costs, 60% of it goes on food

Huge number of pensioners receives under HUF 100.000 per month, have to decide whether to eat or heat

hiteltörlesztés
December 13, 2022 14:05

Hungarian gov't scraps loan repayment moratorium

As of 2023

imf épület
December 13, 2022 10:28

IMF warns of an unfolding global debt crisis

It is threatening mainly the developing world

Orban Viktor nepszavazas bejelentes unios tamogatasok210721
December 13, 2022 09:42

Orbán announces pension increase

The rate is in line with inflation - roughly

orbán viktor facebook
December 13, 2022 09:03

Hungary PM Orbán to make an announcement

Soon

parragh lászló kavosz
December 13, 2022 08:51

László Parragh speaks about a peculiar minimum wage increase

He also gave an assessment on György Matolcsy's speech from last week

orbán viktor intézkedések
December 12, 2022 13:00

Hungarian gov't prepares for massive tax reform, promises Brussels a serious deal

This was also spotted in the recovery plan

penz inflacio
December 12, 2022 10:45

Mastercard economist says it may take years, but the old world will return

David Mann says cenbanks should pay attention

Nagyot drágul a taxizás Budapesten
December 12, 2022 08:34

Hungarian taxi drivers demand a tariff increase, negotiations today

The main reason is the rising mileage cost

fegyver-pisztoly
December 12, 2022 06:14

Central banks to fire their 'weapon' one more time this year

Fed and ECB to hold policy meeting, Hungarian c.bank only next week

bolt szamla inflacio draga
December 09, 2022 16:41

Hungarian gov't plans to extend food price freeze - sources

Beyond year-end

építkezés, kontármunka, pánik
December 09, 2022 10:15

Hungarian minimum wage increase for 2023 getting clearer

State secretary comments on talks

tél áramellátását energia stock
December 09, 2022 09:25

Hungarian gov’t raises 'Robin Hood tax' on the low-low

From 31% to 41%.

fitch ratings hitelminősítő
December 09, 2022 08:50

Fitch has negative rating outlook for Emerging Europe

Due to Ukraine war, spillovers (energy) and policy responses

acél vasmű dunaferr
December 08, 2022 18:23

Largest Hungarian steel works Dunaferr could shut down for good on Monday

If the ovens and the coker are shut off, liquidation is inevitable

Nagy márton mti
December 08, 2022 16:20

Hungarian minister talks about the fuel price increase

He also talked about the new loan programmes.

költségvetés elszáll száll hiány repül zuhan
December 08, 2022 12:47

Hungary posts strikingly large budget deficit

Gaping hole in the budget in November 2022