Hungary’s cash flow-based budget, excluding local councils, ran a 1,219 billion forint deficit (EUR 3.6bn) at the end of December, the Finance Ministry has confirmed in a second reading. The shortfall was 122.1% of the full-year target.
Credit standards remained broadly unchanged for both loans to enterprises and housing loans Demand for loans to enterprises declined, while demand for housing loans increased further Euro area banks use TLTRO-III liquidity largely for granting loans
Japanese car maker Suzuki will produce only cars fitted with hybrid engines from this year for EU markets at its plant in Esztergom, in northern Hungary.
The number of guest nights spent in commercial lodgings in Hungary rose by 4.8% year on year to 2,083,000 in November, the Central Statistical Office (KSH) said.
The Hungarian doctors’ chamber (MOK) has worked out a proposal aimed at increasing the salaries of doctors to reach 70% of the salaries in Austria’s health sector, the deputy head of the chamber told a press conference.
Hungarian oil and gas company MOL has refilled the Hungarian oil reserves which were used when contaminated oil was delivered through the Druzhba pipeline last April, the daily Népszava cited the company as saying.
Industrial output in Hungary rose by an annual 3.6% in November, the Central Statistical Office (KSH) said, confirming the preliminary estimate.
Hungary’s consumer price index increased by 3.4% in 2019, while in the month of December it rose by 4%, the Central Statistical Office (KSH) said.
Hungarian banks will provide their clients with a detailed list of service fees they have been charged by the end of January, as part of a coordinated measure that aims to boost transparency and strengthen competition, the spokesman for the National Bank of Hungary’s oversight division said on public television.
Daily average borrowing turnover in the unsecured segment slightly decreased from €120 billion in the sixth maintenance period of 2019 to €119 billion in the seventh maintenance period Weighted average overnight rate on borrowing transactions in the unsecured segment increased from -0.51% to -0.50% for the wholesale sector, and increased from -0.54% to -0.52% for the interbank […]
