Fitch, S+P Affirm Hungary ‘BBB’ Ratings with Stable Outlooks
Fitch Ratings and S+P Global Ratings both affirmed Hungary’s ‘BBB’ sovereign ratings with stable outlooks at scheduled reviews on Friday. Fitch projects Hungary’s economy will grow 4.9 percent this year, while S+P forecasts GDP growth of 4.6 percent. Source:...
Government Signs Strategic Partnership with Siemens
The government has signed a strategic cooperation agreement with Siemens Energy, the company announced on Thursday, adding that they would launch a one billion forint (EUR 2.8m) investment project in Hungary. Péter Szijjártó, the minister of foreign affairs and trade,...
Notice of suspension of personal client reception
Dear Clients! Due to the emergency caused by the coronavirus, personal client reception will be suspended in our offices in Debrecen, Berettyóújfalu, Hajdúböszörmény, Hajdúnánás, Hajdúszoboszló and Püspökladány between 8 March and 19 April, 2021. We will...
Export, Import Growth Picks up in December
Hungary’s exports and imports grew at a faster pace in December, the Central Statistical Office (KSH) said on Monday. Exports rose by an annual 11.8 percent to 8.4 billion euros and imports climbed by 9.2 percent to 8.1 billion euros, both accelerating from the...
