Invest in Hungary

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Life in Hungary

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Latest news

Central Bank Reduces Base Rate by 0.5 pct

The Monetary Council of the National Bank made a surprise decision to many analysts by cutting 50 base points.

 


Hungary to Fulfill Criteria for Joining ERM II in November 2009

Hungary will be able to safely fulfill the criteria necessary to join the European Exchange Rate Mechanism (ERM) II by November, 2009.

 


EBRD Will Increase New Finance to Central European Union Member Countries

The European Bank for Reconstruction and Development (EBRD) will increase new finance to Central European Union member countries.

 


MOL to Lower Wholesale Diesel, Petrol Prices

Hungarian oil and gas company MOL will lower its wholesale diesel and 95-octane petrol prices by HUF 6 and HUF 8 per liter, respectively, from November 26th 2008.

 


Hungarian Retail Sales Volume Down 1.6 pct yr/yr in September

Retail sales volume in Hungary fell a calendar year-adjusted 1.6 pct yr/y in September 2008, the Hungarian Central Statistical Office (KSH) reported on November 24th.

 


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