NBH sees inflation stability
Inflation remains persistently low and will approach 3pc, which represents price stability, only by mid-2018, the National Bank of Hungary (NBH) says in its fresh Inflation Report. In the previous[…]
Orbán meets new Suzuki CEO
Prime Minister Viktor Orbán met Yoshinobu Abe, the new CEO of Magyar Suzuki, on Monday. Orbán’s press officer said the sides reviewed the company’s market position and its role in[…]
Jobbik attacks Roma spending
The radical nationalist Jobbik party called on the government on Monday to reconsider plans to spend 91 billion forints on Roma integration in the next four years instead of the[…]
Home prices soar
Home prices in Hungary rose about 40pc in the two years to March, data compiled by FHB Mortgage Bank show. Adjusted for inflation, they reached their highest since mid-2009. Compared[…]
Beware early election: Gyurcsány
The prime minister could use a valid migrant quota referendum to call an early election in 2017 and ensure a prolonged two-thirds majority for his Fidesz party, Ferenc Gyurcsány, head[…]
Matolcsy wary of eurozone
Hungary should only adopt the euro if its GDP per capita reaches the European Union average and if its state debt as a percentage of GDP falls under the 50pc[…]
Chequebook ready at OTP
OTP Bank is examining opportunities to expand inorganically everywhere and could make several acquisitions soon, chairman-CEO Sándor Csányi has said. Where OTP’s market share is small, it wants to expand[…]
`Wife strangler` detained
Hungarian police arrested an Afghan, 32, suspected of having strangled his wife at a workers’ hostel in Hoyerswerda town in eastern Germany’s Saxony state on August 30. The man was[…]
Jobbik only rival to Fidesz in 2018: Vona
The radical nationalist Jobbik party aims to become the only alternative to the governing Fidesz party in the 2018 general election, party leader Gábor Vona said at a two-day meeting[…]
Shrine update by 2017
Representatives of the Hungarian and Turkish governments have visited the 16th-century tomb of Gül Baba in Budapest, a shrine to be reconstructed in a project co-financed by the two countries.[…]
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