News in Brief Hungary’s 2017 deficit-to-GDP beats expectations Apr 04, 2018 Hungary’s deficit-to-GDP beat previous government expectations of 2.4 percent dropping to 2.0 percent.
News in Brief Hungary’s budget deficit hit 2.65 billion euros in July Aug 07, 2017 Hungary's cash flow-based budget, excluding local councils, ran an 816.8 billion HUF deficit at the end of July
News in Brief Prime Minister PM Orbán opens spring session of Parliament: 'The Hungarian economic model is working' Feb 21, 2017 PM Orbán said the government’s deficit target of 2.4 percent of GDP this year was “clearly” achievable. Hungary’s economy grew by 2 percent last year
News in Brief Hungary on course to achieve deficit target of 1.7 percent of GDP Nov 09, 2016 "The modified EU-based deficit target of 1.7 percent looks realistic even reckoning with a run-up in spending related to EU projects in the rest of the year," the Ministry for National Economy has said
News in Brief Improving competitiveness is the key to Hungary's success Nov 03, 2016 Hungarian state debt will continue to decline this year and the budget deficit will be below the 2 percent of gross domestic product (GDP) earlier expected. Economic growth is expected to reach 2.5-3 percent in 2016
News in Brief Hungary doesn't need Italy's money Nov 01, 2016 Italy has demanded tough treatment of Eastern European countries, including Hungary, that refuse to accept migrants under the EU’s relocation scheme
News in Brief Brexit won't affect Hungary's budget plans Jul 07, 2016 Hungary maintains that its budget deficit target of 2.0 percent of gross domestic product for this year is "realistic and attainable"
News in Brief Hungary reports an all-time best budget result Jun 08, 2016 Hungary posted a 131.7 billion HUF budget surplus in May, which helped record a moderate deficit for January-May
News in Brief European Commission: Hungary's GDP to continue growth path in 2016 and 2017 May 05, 2016 European Commission predicts Hungary's GDP to rise even higher than originally thought
News in Brief Hungary has enjoyed one of the highest growth rates in Europe in recent times May 02, 2016 Hungary's success story is thanks in part to the government's adoption of unorthodox measures for economic recovery
Blog Hungary’s 2017 Budget: More Stability, Deeper Tax Cuts Apr 18, 2016 - Zoltán Kovács The Hungarian Minister for National Economy Mihály Varga presented Hungary’s 2017 budget plan on Tuesday. The core message signals predictability and stability to investors, while maintaining the government’s popular “one step ahead” policy, especially for families. The budget plans for 3.1 percent GDP growth, a falling debt-to-GDP ratio and a deficit of 2.4 percent.
Blog ‘We don’t like to live off of other peoples’ money’ Apr 12, 2016 - Zoltán Kovács Yes, the loan is paid off. Commenting last week on the good news, Prime Minister Orbán said that “Every Hungarian family has a good reason to open a good bottle of red wine tonight and drink to the health of the country because yesterday we succeeded in settling the old debt that the previous government took on in 2008."