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UniCredit puts GDP growth at 1.3% in 2026, 2.5% in 2027

D&T
Jul 10, 2026

UniCredit Bank sees Hungary's economy expanding by 1.3% in 2026 and 2.5% in 2027, the lender's chief analyst for Central and Eastern Europe said on Friday. Mauro Giorgio Marrano said industry could contribute to growth in 2026, pointing to positive trends in export-oriented branches. Consumption appears stable and real wages are on the rise, while […]

ECOFIN Clears Hungary's New RRF Plan

D&T
Jul 10, 2026

European Union finance ministers approved Hungary's new Recovery and Resilience Facility (RRF) plan at an ECOFIN meeting in Brussels on Friday. The new plan should allow for EUR 10 billion to be disbursed to Hungary, made up of around EUR 6.5 billion in grants and EUR 3.5 billion in loans, the Council said in a […]

Hungary Joins European Public Prosecutor's Office

D&T
Jul 10, 2026

This Friday, the European Commission (EC) adopted a decision confirming Hungary's participation in the European Public Prosecutor's Office (EPPO), following Hungary's request to join it in May 2026, the Commission says in a statement on it website. With today's decision, Hungary will now be the 25th Member State to join the EPPO, reflecting its renewed […]

Italy and the Balkans: A Strategic Choice for Europe

The political strength of our continent in the coming decades depends on the accession of the Balkan countries to the European Union. This is the most important geostrategic investment of our time, because security, competitiveness, and enlargement are now inseparable: without completing its reunification, the European Union will never achieve the scale necessary to compete […]

Central Bank Inflation Data Assessment for June 2026

D&T
Jul 10, 2026

Consumer prices in Hungary rose by 1.7% year-on-year in June 2026. Relative to the 1.8% observed in May, the annual growth rate of prices was down by 0.1 percentage point. Core inflation, and core inflation excluding indirect tax effects, remained unchanged at 2.0%, the National Bank of Hungary (MNB) states in its latest flash analysis […]

U.S. Congressional Delegation Visits Hungary

D&T
Jul 9, 2026

The first official US congressional delegation to visit Hungary since the April 12 elections held "open and candid" discussions with the new Hungarian government about its plans and Hungarian-US relations, Democratic Senator Jeanne Shaheen, the delegation's leader, said in Budapest on Thursday. The delegation, arriving from the NATO summit in Ankara, met Foreign Minister Anita […]

MBH Bank Issues EUR 500 Mn Bond

D&T
Jul 9, 2026

Hungarian lender MBH Bank has decided to issue another EUR 500 million in MREL-eligible bonds as part of its international bond program: Investor interest was high, with the offering nearly two and a half times oversubscribed; the bank ultimately decided to issue bonds with a total face value of EUR 500 million, the financial institution […]

French Institute Street Ball on the Bank of the Danube

D&T
Jul 8, 2026

African drum rhythms, French chansons, Moroccan world music, street performances, and culinary delights await visitors on July 11 at the French Institute’s traditional Utcabál [‘Street Party’]. Organized to celebrate France’s National Day, this free event will once again transform the Danube embankment into an all-night cultural festival, the Institute says in a statement. For years, […]

EU Ambassadors Visit Pannonia Bio Refinery

D&T
Jul 8, 2026

European Union ambassadors visited Pannonia Bio’s organic refinery in Dunaföldvár, central Hungary, as part of the opening program of the Irish EU Presidency. Ireland assumed the rotating presidency of the Council of the European Union on July 1. As part of one of the presidency’s first events in Hungary, nearly twenty EU ambassadors accredited to […]

Growing Surplus in General Government Funds in June

D&T
Jul 8, 2026

Hungary's cash flow-based general government deficit reached HUF 3,382.2 billion at the end of June, 80.2% of the full-year target, the Finance Ministry said in a preliminary release of data on Wednesday. As MTI reports, the central budget deficit reached HUF 3,271.4 billion and the social security funds were HUF 214.6 billion in the red, […]

New Interim Leadership at Public Media in Hungary

D&T
Jul 7, 2026

The interim chief executive of Media Services Support and Asset Management Fund (MTVA), András Horváth, arrived at the MTVA headquarters in Budapest on Tuesday morning together with his interim leadership appointees, the MTVA Press and Marketing Office said in a statement on Tuesday. Their task is to review the operations of the public media, ensure […]

International Development to Be Led by Hungarian Project

D&T
Jul 7, 2026

A Hungarian consortium will lead SUSTAINCrop, a 36-month international project, studying development opportunities of a bio-based economy in Europe from June, the project's leaders told MTI. The new Horizon Europe project will develop tools to compare different crop production systems and assess the environmental and economic impact of renewable plant-based raw materials, including rapeseed, sugar […]

BMW Sales in Hungary Up 19% in H1 2026

D&T
Jul 7, 2026

BMW Group Magyarország increased sales of its BMW models by 18.9% to 3,909 on the Hungarian market in the first half, retaining its leading position in the premium segment, the company told MTI. With sales growth exceeding the 13.3% average of the Hungarian market, BMW took sixth place on the entire market for new cars, […]

Hungary CPI Edges Down to 1.7% in June

D&T
Jul 7, 2026

Hungary's annualised consumer price index fell to 1.7% to in June from 1.8% in the previous month, data released by the Central Statistical Office (KSH) on Tuesday, and reviewed by MTI, show. Food prices inched up 0.2%, but fell 2.4% excluding the price of eating out. Pork prices fell 10.9% and potato prices dropped 7.6%. […]

Hungary Completes EUR 3 Billion Bond Issue

D&T
Jul 7, 2026

Hungary completed a EUR 3 billion issue of euro bonds on Monday, the Government Debt Management Agency (ÁKK) has said in a statement. As MTI reported Tuesday morning, ÁKK sold EUR 1.5 billion of a five-year bond and EUR 1.5 billion of a ten-year bond. The five-year bond had a yield of 3.62% and a […]

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