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The Hungarian banking system was characterised by ample liquidity and a strong capital position in H1 2025. However, overvaluation in the housing ......
Hungary's home prices jumped sharply this year, with nationwide growth nearing 24% and Budapest close to 30%, and the government's new home loan scheme will push up prices further....
Hungary Has Good Reason To Be Enraged About Poland's Ruling On The Nord Stream Suspect
Authored by Andrew Korybko via Substack,
Polish Judge Dariusz Lubowski ruled against extraditing a suspect in the Nord Stream attack to Germany on the grounds that this act of sabotage occurred in the context of a “just, defensive war”, Germany doesn't have jurisdiction over the international waters in which it occurred, and the Ukrainian state would be responsible if it really orchestrated this attack, not the conspirators who carried it out. That enraged Hungarian Foreign Minister Peter Szijjarto despite his country having no direct stake in this.
He then wrote on X: “Scandalous: according to Poland, if you don't like an infrastructure in Europe, you can blow it up. With this, they gave advance permission for terrorist attacks in Europe. Poland has not only released but is celebrating a terrorist—this is what European rule of law has come to.”
These are compelling points and show that Hun...
Real estate developer Globe Trade Centre SA is trying to renegotiate the repayment terms on its forint bonds after a financial scandal rocked the Hungarian central bank, which indirectly controls the company....
The government has approved a 3% home purchase credit programme for first-time buyers, Prime Minister Viktor Orban said during a break at a cabinet meeting on July 2....
Landlord CPI Property Group sold a waterfront hotel in Budapest to a group controlled by Istvan Tiborcz, son-in-law of longtime Hungarian Prime Minister Viktor Orban....
The decline in valuation on Hungary's commercial property market came to a halt from Q2 2024 following a prolonged downturn, but weak GDP growth and high investor uncertainty continue to weigh on recovery prospects....
Polish real estate developer Globe Trade Centre SA's bonds have tumbled due to concerns over the potential fallout from a crisis engulfing a Hungarian central bank foundation....
Prime Minister Viktor Orban is on a two-day official visit to the United Arab Emirates, where he will hold talks with UAE President and Abu Dhabi ruler Sheikh Mohammed bin Zayed Al Nahyan, as well as leaders of Emirati companies....
Hungary extends retail mortgage interest rate cap until mid-2025 BUDAPEST, Nov 28 (Reuters) - Hungary's government will extend an interest rate cap on retail mortgages by another six months, until the middle of 2025, Prime Minister Viktor Orban's chief of staff said on Thursday. The Hungarian government froze retail mortgage rates starting on Jan. 1, 2022 to shield households from rising inflation, which scaled the European Union's highest levels at 25% in January 2023. Hungary's headline inflat...
BRIEF-CTP Hands Over New Logistics Centre In Hungary To Tesco Nov 28 (Reuters) - CTP NV CTPNV.AS : HANDED OVER A NEW 100,000 SQM LOGISTICS CENTRE IN HUNGARY TO TESCO Source text: ID:nBw38P8pwa Further company coverage: CTPNV.AS (Gdansk Newsroom)...