Hungary Trade Balance Shows Deficit for Seventh Month in a Row
Hungary’s trade balance showed a deficit for the seventh month in a row in January, a first reading of data released by the Central Statistical Office (KSH) on Friday shows.
Adam
Economy
Schott Hungary Plans HuF 28 BN Expansion
The Hungarian unit of German company Schott, which makes specialty glass products, plans to spend 28 billion forints to expand its base in Lukácsháza, in south-western Hungary, creating 120 jobs, Péter Szijjártó, the minister of foreign affairs and trade, announced.
MOL: Crude Supply Stable
The supply of crude oil to Hungary is stable and MOL’s stocks and refinery capacity are sufficient to meet the country’s demand for vehicle fuel, the oil and gas company said.
Szijjártó: When Hungary Represents Its Energy Supply Interests, “We Also Represent Serbia’s”
Péter Szijjártó, the foreign minister, speaking at the cornerstone ceremony of Hungarian-owned UBM Group’s feed mixing plant in Adaševci, in Vojvodina, Serbia, said that when the government represented Hungary’s energy supply interests in Brussels, “we also represent Serbia’s interests”. The minister said the facts on the ground of the region’s energy infrastructure and the natural […]
Hungary February Inflation 8.3%
Hungary’s consumer price index rose by an annual 8.3% in February, a high not last seen since August 2007, and up from 7.9% in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Budget February Deficit HuF 1,434 BN
Hungary’s cash flow-based budget deficit, excluding local councils, was 1,433.7 billion forints at the end of February, lifted by tax refunds, pensioner and public sector bonuses and a payroll tax cut, a first reading of data released by the Finance Ministry on Tuesday shows.
Government Allocating HuF 13.6 BN for Shortening Health-Care Waiting Lists
The Hungarian government is spending 13.6 billion forints (EUR 34.6m) on shortening waiting lists in Hungarian health care, the human resources minister said on Tuesday.
Hungary Central Bank Widens Depo Rate Corridor, Leaves Base Rate on Hold
Hungarian rate-setters left the central bank base rate unchanged at 3.40% at their regular meeting on Tuesday.
Opposition Politician Demands Hungary Ditch Dependence on Russian Energy
Hungary’s dependence on Russian energy sources “must end”, László Szakács of the Socialist Party, a candidate of the united opposition in the April 3 election, told an online press conference on Tuesday.
Government Decision Allowing Export Controls Could Prevent Wheat Price Spike
The government’s recent decision to allow the imposition of controls on wheat exports under certain circumstances could prevent prices from soaring, daily Magyar Nemzet reported on Tuesday.