Hungary
Economy
The Hungarian forint has come under selling pressure against the euro in light of the recent contagion effects emanating from the eurozone's debt crisis and has come to trade close...
2011-07-21Economy
The Fidesz-dominated legislature in Hungary passed a new penal code in early July, extending the number of days that authorities would be allowed to hold politicians under investigation...
2011-07-21Economy
Real GDP growth in the first quarter of 2011 was revised up to 2.5% y-o-y from an original estimate of 2.4% on June 9 according to the Hungarian Central Statistical Office. However,...
2011-06-22Economy
Hungary's Foreign Minister Janos Martonyi stated on June 22 that despite the recent resurgence of fears over Greece's debt crisis, Hungary still considered euro adoption a goal of the...
2011-06-22Economy
According to a new opinion poll carried out by polling agency Tarki, the ruling Fidesz party's support continued to decline in May but still remained well above that of its closest...
2011-05-26Economy
Signalling the continued weakness in the Hungarian domestic market, unemployment in the January-March period of this year came in at 11.6%, only slightly down from the 11.8% print recorded...
2011-05-26Economy
In light of speculation in domestic media circles, Hungary's Prime Minister Viktor Orban has openly ruled out the possibility of early elections before 2014, claiming that it would...
2011-05-03Economy
Hungary's Purchasing Managers' Index (PMI) rose to 56.9 in April from 53.9 back in March. The index is a measure of domestic industrial performance, with figures above 50 representing...
2011-05-03Economy
Hungary's ruling Fidesz party is expected to easily pass a new constitution through parliament which opposition parties have claimed is a further attempt at power consolidation. While...
2011-04-18Economy
According to the Hungarian Central Statistical Office, total retail trade grew 0.6% y-o-y in January up from a 1.2% decline the previous month and a 6.1% decline in January 2010. Going...
2011-03-28



