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Articles - hungary

Public debt declines to 81.4pc of GDP by late June

Hungary’s gross public debt, calculated at nominal value according to the Maastricht definition, amounted to 23,250 billion forints (EUR 777bn), falling from 81.4 percent by the end of the second quarter of this year from 82.4 percent of GDP at the end of March, the National Bank of Hungary (NBH) said on Wednesday.

Hungary insurance market expands more than 5pc in H1

Revenue from premiums of Hungarian insurers rose 5.2 percent to 435.9 billion forints (EUR 1.46bn) in the first half from the same period a year earlier, lifted by life insurance products with one-off premiums, the Hungarian Insurers Association (MABISZ) said on Wednesday.

Gross wage growth accelerates to 3.7pc in June

Average gross wages in Hungary rose 3.7 percent year-on-year in June after a 2.9 percent increase in May, the Central Statistics Office (KSH) said on Thursday.

Green House approaches fully let status with MSCI

One more big international company voted for Green House. Hungary’s first and only LEED Platinum certified office will be home to the Hungarian headquarters of MSCI as of 1 March 2014. The global provider of investment decision support tools will occupy 3,694 sq m of office space on the fourth and sixth floors in the 13th district property.