Szijjarto: War could deepen energy crisis in Europe

European energy security has faced serious challenges over the recend period, which may even be exacerbated by the Ukraine-Russia war, Peter Szijjarto, the minister of foreign affairs and trade, told a conference on Monday.

Jobless rate at 4.2 percent in January

Hungary's jobless rate was 4.2 percent in January, falling from 5 percent the same month in the previous year but up from 3.7 percent in December, the Central Statistical Office (KSH) said on Friday.

Finance minister: Hungary’s finances stable

Hungary is prepared to face challenges of the global economy, and despite developments in Ukraine, "Hungary's financial stability is strong", Finance Minister Mihaly Varga said on Facebook on Thursday.

Central bank raises base rate by 50 points

Hungarian central bank rate-setters raised the base rate by 50 basis points to 3.40 percent at a regular policy meeting on Tuesday. The Monetary Council also expanded the interest rate corridor by the same extent.

Matolcsy: Hungary has failed to ‘overtake in the turn’

Although Hungary has been more successful in managing the crisis than many of its European Union peers, it has failed to "overtake" competitors "in the turn", National Bank of Hungary (NBH) governor Gyorgy Matolcsy wrote in an article published on Monday.

Szijjarto: 2021 most successful year since 1990

Last year was the most successful the Hungarian economy has seen since the fall of communism, Foreign Minister Peter Szijjarto said in Debrecen, eastern Hungary, welcoming the progress of the BMW plant under construction in the city.