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International Recognition Received for Effective Debt Management

Finance Minister Mihály Varga announced that Hungary has won the International Financing Review's (IFR) 2023 emerging markets award.

Market Would Accept 2024 Deficit of 4-4 5% of GDP - Varga

Finance Minister Mihály Varga said the government was weighing bringing the general government deficit under the 3%-of-GDP Maastricht threshold in two years, instead of one, and added that the market would accept a 4-4.5% deficit this year, speaking at a conference on Saturday.

Without Balance, Economic Growth Superficial - FinMin

Finance Minister Mihály Varga said economic growth achieved at the expense of the budget balance was "superficial" in an interview with Világgazdaság published on Saturday.

Budapest Mayor s Refusal to Pay City s Taxes Unprecedented , Says Hungarian Finance Minister

Finance Minister Mihály Varga, in an interview with the online edition of business daily Világgazdaság, said it was “unprecedented” that while Budapest resident

Hungary Asks EU to Take Fair Share of Cost of Border Protection

Finance Minister Mihály Varga asked for the European Union to make an "equitable" contribution to covering the cost of Hungary's spending on protecting its border in a letter sent to European Commissioner for Budget and Administration Johannes Hahn on Thursday, according to a report by state news wire MTI.

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