Euro area net saving decreased to €508 billion in four quarters to fourth quarter of 2020, from €549 billion one quarter earlier Household debt-to-income ratio increased to 96.3% in fourth quarter of 2020 from 93.8% one year earlier Non-financial corporations’ debt-to-GDP ratio (consolidated measure) at 84.0% in fourth quarter of 2020, up from 76.8% one year earlier
Annual growth rate of broad monetary aggregate M3 decreased to 10.1% in March 2021 from 12.2% in February (revised from 12.3%) Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, decreased to 13.6% in March from 16.4% in February Annual growth rate of adjusted loans to households increased to 3.3% in March from 3.0% […]
More than a year of restrictions on economic activity has so far not resulted in financial instability. However, the threat of a wave of insolvencies looms large, unless Member States manage a smooth transition from liquidity support towards more targeted solvency support and successful corporate debt restructuring for viable firms. This is the key message of […]
Plans are for a high-speed railway line linking the capitals of the Visegrad Group countries to also branch off to Vienna and Székesfehérvár, in central Hungary, the Ministry of Innovation and Technology (ITM) said.
Restarting the work of the Hungarian-Romanian mixed committee on minority issues will open a new chapter in bilateral ties, Foreign Minister Péter Szijjártó said, after meeting Romanian counterpart Bogdan Aurescu in Gyula, southeast Hungary.
The leaders of the Visegrad Group held talks as equals rather than exerted pressure on one another when they issued a statement of solidarity with the Czech Republic in its diplomatic conflict with Russia, Foreign Minister Péter Szijjártó said on Wednesday, in response to a question at a press conference on an unrelated matter. The […]
EFSA’s latest advice on African swine fever looks at the risk of the virus being introduced to non-affected regions of the EU via pathways such as feed, bedding materials and empty pig transport vehicles returning from affected areas.
In the week ending 23 April 2021 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by 0.9 billion to EUR 309.1 billion.
Prime Minister Viktor Orbán is “again trying to blackmail the European Union while holding Hungary to ransom”, Socialist MEP István Ujhelyi said.
Hungarian-Swedish cooperation has been especially successful in the economy and defence sectors, Foreign Minister Péter Szijjártó said, after talks with his Swedish counterpart Ann Linde. As both countries are members of the European Union and Sweden developed close cooperation with NATO, “it is not an exaggeration to call that country an ally of Hungary,” he […]
