The municipal assembly of Budapest passed the city’s budget for 2019. According to the budget decree, the capital will have revenues totalling 266 billion forints (EUR 837.8m), while total expenditure is expected to reach 380 billion forints. More >>
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Old 10,000 Forint Withdrawal Date Set
- 18 Feb 2019 12:36 PM
At the end of this year, on 31 December 2019, the National Bank of Hungary (MNB) will finally withdraw the old HUF 10,000 notes from general circulation.
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Hungary’s Inflation Steady At 2.7% In January
- 13 Feb 2019 12:59 PM
Consumer prices in Hungary grew by an annual 2.7% in January, in line with rate of inflation in December, the Central Statistical Office (KSH) said.
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Hungary’s Budget Posts 244 Billion Forint Surplus In January
- 11 Feb 2019 10:49 AM
Hungary’s cash-flow-based budget, excluding local councils, showed a 244 billion forint (EUR 764.5m) surplus in January, the finance minister said.
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Hungarian Opposition Proposes Free Bank Transfers For Customers With Average Or Lower Income
- 11 Feb 2019 7:55 AM
Conservative opposition Jobbik will initiate making basic bank transactions free for customers with an average or lower income, MP Dániel Z Kárpát said in Budapest.
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EC Raises Hungary GDP Growth Forecast
- 8 Feb 2019 7:24 AM
The European Commission raised its projection for Hungary’s GDP growth this year to 3.4% in a quarterly forecast.
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Hungary To Adopt Euro ‘In Coming Decades’
- 5 Feb 2019 7:55 AM
Hungary will adopt the euro “in the coming decades” and needs to learn from the lessons of the past concerning the processes affecting the common currency, National Bank of Hungary (NBH) governor György Matolcsy said in a presentation delivered at the central bank’s annual Lamfalussy Lectures.
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