BUDAPEST Hungary's economy is in a high-pressure phase with strong wage and output growth, but the risk of overheating is very low as investments are booming and it is running a current account surplus, a senior central banker said on Wednesday.
BUDAPEST, June 25 Hungary's central bank left
interest rates unchanged on Tuesday and kept its dovish stance
despite a strong increase in inflation, after the European
Central Bank (ECB) flagged further easing earlier this month.
BUDAPEST Hungary has no evidence that equipment from Chinese telecoms giant Huawei poses a security threat, a government minister said on Thursday, adding that Budapest was mulling incentives to accelerate the rollout of a high-speed 5G network.
BUDAPEST Hungary's central bank is expected to put off raising its overnight deposit rate after the European Central Bank reversed its course on policy because of sluggish inflation in the euro zone, Hungary's main trading partner.
* Final restrictions on business activity to be lifted
BUDAPEST The head of Hungary's oldest scientific institute said it was considering taking legal action to challenge government moves to take more control over research work and budgets.
BUDAPEST Hungary unexpectedly announced the indefinite suspension of a new administrative court system on Thursday, backtracking on a reform that had raised concerns over judicial independence.
BUDAPEST/BERLIN The leader of Germany's conservatives said she expected Hungarian Prime Minister Viktor Orban's Fidesz party would quit Europe's main centre-right group after he withdrew support for the bloc's candidate to head the European Commission.
BUDAPEST, April 30 The National Bank of Hungary
left interest rates unchanged and reiterated its accommodative
policy stance on Tuesday although economists project a slow
increase in official rates this year and next because of strong
BUDAPEST Hungary would benefit from having another major domestic bank, the head of MKB Bank said on Friday, without shedding light on whether MKB would bid for Budapest Bank, which was put up for sale this year.