News in Brief

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News in Brief

Gulyás: EU cooperation is "crucial"

Gergely Gulyás said Europe was losing its significance on the global stage, and singled out Germany as “the only state on the continent that can hold its own in the...

News in Brief

Central Bank raises base rate to 1.65 percent

The council also decided on Tuesday to raise the O/N deposit rate by 15bp to 0.70 percent and the O/N and one-week collateralized loan rates by 15bp to 2.6 percent.