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Monday 25 Sep 2017
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Hungary’s Foreign Minister Holds Talks With Russian Trade Minister
Hungarian-Russian economic ties are set to gain new momentum after bilateral trade grew by 30 percent in the first four months of the year, the foreign ministry said after Péter Szijjártó, Hungary’s foreign affairs and trade minister, held talks with Russian Industry and Trade Minister Denis Manturov on Tuesday. more »
Foreign Investments Fostered By Hungarian Investment Promotion Agency On Course For New Record
Foreign investments in Hungary fostered by the Hungarian Investment Promotion Agency (HIPA) are on course for a new record this year, the foreign minister said on Tuesday, assessing the agency’s work over the past six months. more »
Gross Wages Up 12.9% In May
The average gross monthly wage in Hungary rose by an annual 12.9% to 296,100 forints (EUR 968) in May, the Central Statistical Office (KSH) said. Net wages grew at the same pace as gross wages did, also climbing by 12.9% to 196,900 forints. more »

Video: Orbán, Netanyahu Address Hungarian-Israeli Business Forum


Video: Orbán, Netanyahu Address Hungarian-Israeli Business Forum
All political obstacles to Hungarian - Israeli economic cooperation have been cleared, Prime Minister Viktor Orbán said at a Hungarian- Israeli business forum that was also attended by Benjamin Netanyahu, his Israeli counterpart. In his closing remarks to the forum Orbán said Hungary’s Eximbank had opened a 600 million dollar credit line to support partnerships between Hungarian and Israeli companies. more »

Varga: Families Enjoy Hundreds Of Billions Of Forints Of Tax Breaks


Varga: Families Enjoy Hundreds Of Billions Of Forints Of Tax Breaks
In the first five months of the year, around 100 billion forints (EUR 325m) stayed in the pockets of families in the form of tax breaks, and by the end of the year this sum is expected to be 280 billion, the economy minister said in an interview to Friday’s issue of Magyar Idők. more »

National Bank Of Hungary Keeps Base Rate On Hold


National Bank Of Hungary Keeps 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 percent at a meeting on Tuesday, as expected. The council has left the base rate on hold since signalling an end to an easing cycle at a policy meeting at the end of May 2016. more »



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