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Labour Shortage Not To Make Living More Expensive In Hungary - Cenbank

September 23. 2016.

The inflationary effect of accelerating wage outflows may be moderate, owing to the low wage share, subdued inflation expectations and the negative output gap, the National Bank of Hungary (MNB) said in its latest Report on Inflation. Economists at Morgan Stanley have a different view on the matter. More... 

Hungary Gearing Up For ’Something Big’ On The Bond Market - Lázár

September 22. 2016.

The Hungarian government has reviewed data relating to the sovereign credit upgrade by Standard & Poor’s last Friday and come to the conclusion that the move "opens up a whole new possibility for the Hungarian state," said János Lázár, cabinet chief of Prime Minister Viktor Orbán, at a press conference on Thursday. More...

Could Central European Countries Veto Brexit?

September 21. 2016.

Christian Science Monitor

Slovak Prime Minister Robert Fico announced that Slovakia, Hungary, Poland, and the Czech Republic would veto any deal where Britain could access the EU market but their citizens could not work in the UK. How much influence do these states have? More...

BANKING: Hungary MNB Limits Use Of 3-Month Depo Facility - Instant Views

September 20. 2016.

The Monetary Council of the National Bank of Hungary (MNB) left its main policy rate unchanged (0.9%) as expected, but new measures were announced about further limitations of the related main 3-month deposit facility. More...

How The EU Budget Is Spent: Cohesion Fund

September 19. 2016.

European Parliamentary Research Service Blog / Written by Magdalena Sapała

The Cohesion Fund is one of the European Structural and Investment (ESI) Funds used to help EU Member States achieve economic, social and territorial cohesion, thus reducing disparities between regions... The Cohesion Fund allocation for 2014-2020 is €63 396.06 million, this is 14% of total ESI Funds allocation and almost 7% of the total EU Multiannual Financial Framework. More... Read also: There is no EU exit plan in Hungary - Lázár

FINANCE: Net External Financing Capacity At 8% of GDP In Q2

September 23. 2016.


Adjusted for seasonal effects, Hungaryʼs net external financing capacity was EUR 2.204 bln, or 8% of quarterly GDP in the second quarter, balance of payment data published today by the National Bank of Hungary (MNB) show, according to Hungarian news agency MTI. More...

TRAVEL: A Colourful Addition To The Heart Of Budapest: Hotel Parliament

September 22. 2016.

The Independent

Tucked in on an unassuming side street in Lipotvaros – the neighbourhood surrounding Budapest’s beautiful parliament building – Hotel Parlament’s [sic] biggest selling point is its location. But the four-star establishment’s playful sophistication is a breath of fresh air for an area that’s dominated by businesses. More...

Hungary To Raise Excise Tax On Motor Fuels Over The Oddest Of Legislations

September 21. 2016.

Hungary’s National Tax and Customs Office (NAV) has published the quarterly average price of Brent-type crude oil, based on which the excise tax on gasoline and diesel will be raised as of 1 October. More...

Ericsson Lays Cornerstone For New Facility In Budapest

September 20. 2016.

Ericsson Hungary today laid the cornerstone of its new headquarters in the country, which is expected to be completed by the end of 2017, according to a press release issued today. More...

Home Prices In Hungary Rise 40% In Two Years

September 19. 2016.

Hungarian News Agency /

In the past two years, home prices in Hungary have risen by approximately 40% based on data compiled up to March, mortgage bank FHB reported, according to Hungarian news agency MTI. More... - Related article: Residential property sales to keep growing