It has been an exceptional month for commodity markets, with growing inflation expectations increasing investor interest in the assets. Meanwhile, fundamental developments, particularly in the oil market, have only provided a further boost.
Government criticised for sluggish response, with shops and schools only being closed now despite earlier warnings of 'third wave'.
Consolidated after-tax profit at Hungary's largest commercial lender fell by 31% y/y to HUF71.5bn.
Viktor Orban's withdrawal will leave him in no-man's land and significantly reduce his influence. It could also make it easier for the EU to punish Orban for dismantling Hungary's democracy.
Services dragged the economy down, contributing a 3.2pp decline in Q4.
Austrian lender provisions for COVID-19 downturn but says it does not expect a significant increase in hard defaults after the expiration of debt moratoria in the region.
Centre-right grouping is expected to approve new rules on expulsions at a group meeting on March 3.
Hungarian PM said he would personally choose the Chinese vaccine, but also highlighted the reliability of the Russian one.
It was just a matter of time before we saw a serious impact on the Hungarian labour market from the second wave of Covid-19. The January data suggests a slump in growth in the first quarter, despite the latest upside surprise in wages.
Vice-president Jourova says Hungary and Poland could soon have EU budget money withheld if they continue to violate rule of law.
Different retirement ages for men and women lead to lower pensions for women despite reforms in 2019-2020, says World Bank report.
Crackdown on democracy and civil society during pandemic accompanied by increase in hate speech by politicians finds ILGA-Europe report.
Unemployment growth has been modest and a return to tight labour markets is expected as economies recover from the coronacrisis.
Hungary’s economy grew 1.1% in Q4 on a quarterly basis, while in FY2020 GDP fell 5.1%
Budapest turns to Moscow and Beijing and criticises delays in Brussels' vaccination procurement.
Budapest court upholds decision by regulators not to renew Klubradio's licence for alleged "repeated offences".
Government attacks EU over delays and becomes first country in the bloc to give fast-track approval to other vaccines.