economic crisis in Hungary
Hungarian government plans refined as budget figures shift 🔄
New budget figures: financing consists of 50 percent net institutional forint issuance, 30 percent institutional foreign currency issuance, and 20 percent retail securities purchased by households:
Orbán cabinet reports record-high budget deficit
Hungary's cash flow-based general government deficit reached HUF 2,930.5bn at the end of April, the National Economy Ministry confirmed. #budget #budgetdeficit #hungarianeconomy
Retailers’ association: sustained profit margin caps would cause “irreversible damage”
OKSZ said the impact of the markups cap on inflation was limited to the short term. #oksz #retailers #hungarianeconomy #profitmargin #hungariangovernment
Trump’s tariffs will postpone expansions in automotive, battery sectors in Hungary
The ministry seems to be confident that Hungary's economy will have a breakthrough year in 2025, but analysts voice concerns. #hungarianeconomy #hungariangovernment #trump #tariff #economiccrisis
Official: this is how Hungary’s public deficit will be in 2024, and the debt ratio is also showing badly
MTI-ECONEWS – Hungary’s government sector had a HUF 4,002bn deficit in 2024, equivalent to 4.9pc of GDP, data released by the Central Statistics Office (KSH) on Tuesday show. According to...