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Gergely Szakacs

UPDATE 2-Hungary cbank keep rates at record lows amid inflation rise

Nov 20 2018

* Recent CPI data have significantly exceeded cbank forecasts

People are our greatest asset. Wanna buy them?

Nov 19 2018

BUDAPEST Eastern Europe's chronic labor shortage is feeding into corporate takeover activity, with some companies making acquisitions to snap up skilled workers or obtain expertise needed to expand their businesses. | Video

UPDATE 2-Hungarian central bank keeps rates on hold, despite rising inflation

Oct 16 2018

* Some market players question sustainability of loose policy

UPDATE 3-Hungary scraps state support for home savings bank deposits

Oct 16 2018

* Lawmaker says companies earned "extra profits" on scheme (Updates with law passed)

Hungary sentences Syrian migrant to five years' jail for border riot

Sep 20 2018

SZEGED, Hungary A Hungarian court sentenced a Syrian-Cypriot man to five years in prison on Thursday for crossing the border as part of a riot during the migrant crisis, in a case that has drawn criticism from the European Parliament and Amnesty International.

UPDATE 2-Hungary's central bank tweaks its tools, flags "gradual policy normalisation"

Sep 18 2018

BUDAPEST, Sept 18 Hungary's central bank left its interest rates unchanged at record lows on Tuesday but tweaked its policy tools, saying it was preparing for a future "gradual and cautious" normalisation of its loose monetary policy.

Zombies no more: Lending revival opens new chapter for Hungary's banks

May 17 2018

BUDAPEST After almost a decade in the doldrums, Hungary's banks look set for years of lending growth that could help Prime Minister Viktor Orban's efforts to keep the economy growing at a rate of 4 percent.

Hungary plans fiscal stimulus, sees no Polish-style conflict

May 08 2018

BUDAPEST Hungary's government is planning new fiscal stimulus measures to keep economic growth above 4 percent, a senior aide told Reuters late on Monday, ruling out a Polish-style conflict with European Union authorities over the rule of law.

Hungary PM Orban vows tougher laws on migration, names new deputy PMs

May 04 2018

BUDAPEST After an election victory built on a fierce anti-migrant campaign, Hungarian Prime Minister Viktor Orban on Friday said his new government would soon bring forward tighter immigration rules.

Hungary rejects 'blackmail' over EU funds

May 03 2018

BUDAPEST Hungary responded angrily on Thursday after the European Commission proposed cutting development funds to countries deemed to have undermined the rule of law, saying it would not yield to "blackmail".

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