The must-have newsletter about Hungary

Related Articles

STIMULUS LIFTS BUDGET DEFICIT TO HUF 1,704.5 BN IN JUNE

 

Hungary’s cash flow-based budget deficit, excluding local councils, reached 1,704.5 billion forints (EUR 4.8bn) at the end of June, widening on stimulus measures, the Finance Ministry said in a preliminary release of data on Friday. “Recent measures, such as wage support, tax breaks and pension supplements, have left significant resources in the economy,” the ministry said.