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Mihaly Varga
RBI Not to Be Sold to Hungarian State
Hungarian Minister Varga announced that the Hungarian state had no interest in taking over RBI’s local affiliate. Instead, RBI announced that staying in Hungary was “the right decision”.
January 23, 2014
Hungary Amending Figures of Budget Deficit
Hungarian Finance and Economy Minister Mihaly Varga announced that the budget deficit of 2013 will be below the target after it was lowered dramatically.
January 8, 2014
Hungary: Conflict with Banks Sharpens
Hungary´s Minister of Finance Mihaly Varga rejects the proposal submitted by the banking association.
October 29, 2013
Hungarian Government Wants Further FX Debt Reliefs
The government has talks with the Hungarian banking association. In order to de-burden indebted Hungarian households, Prime Minister Viktor Orban wants to reach a debt relief plan.
September 4, 2013
Hungary Abandons Radical Resolution On Foreign Exchange Loans
Foreign currency denominated mortgages for home purchases shall be phased out.
July 25, 2013
Orban Attacks European Parliament
Prime Minister Orban claims that members of the EP would apply double standards on Hungary.
July 2, 2013
Hungary: New Tax for Banks
According to a legislative proposal by Economy Minister Varga, banks would have to face a further burden of around € 250m.
June 27, 2013
Hungary: Taxes to Be Raised
Shortly before the parliamentary summer recess taxes were raised by the government of Viktor Orban.
June 18, 2013
Convergence Programme in Hungary: Faster Growth, Lower Deficit
The updated Convergence Programme covering the period 2013-2016 projects faster growth and a lower deficit for the upcoming years.
April 16, 2013
Hungary: Tax Overhaul Finalized
Minister for National Economy: taxation system completed - time for fine-tuning.
March 27, 2013
Hungary: Incoming National Economy Minister Summarizes Targets
Succeeding Minister of National Economy Mihály Varga outlined economic policy cornerstones
March 7, 2013
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