Given current global economic trends, the annual inflation rate of less than 2% set by the central bank in June remains realistic, said Péter Benő Banai, vice president of the National Bank of Hungary (MNB), in the latest episode of the MNB Podcast. According to a press release issued by the MNB on Sunday, Péter […]
Hungary is committed to adopting the euro and has undertaken to meet the Maastricht criteria by 2030, Finance Minister András Kármán said on a social media site on Monday. The minister said he will meet Kyriakos Pierrakakis, President of the Eurogroup, along with Prime Minister Péter Magyar in Budapest on Friday. András Kármán first held […]
Analyzing the prospects of adopting the euro, along with its potential advantages and disadvantages, a new research study examines the impact that Hungary’s joining the monetary union would have on domestic interest rates. In line with global and European trends, interest rates in Hungary remained low during the second half of the 2010s. The 10-year […]
