Magyar Suzuki Confirms Diesel Probe
The local unit of Japanese car maker Suzuki has confirmed that an investigation related to vehicles with diesel engines it produced earlier is under way, business daily Világgazdaság reports.
The local unit of Japanese car maker Suzuki has confirmed that an investigation related to vehicles with diesel engines it produced earlier is under way, business daily Világgazdaság reports.
The government has decided to extend the caps on fuel and some staple foods until July 1, Hungary’s prime minister announced on Wednesday after a cabinet meeting.
The Bulgarian and Serbian ministers in charge of energy affairs have confirmed that Russian gas supplies through Turkey, Bulgaria and Serbia to Hungary were undisturbed and in line with contract, Hungary’s minister of foreign affairs and trade said in New York on Wednesday.
Compared to Tuesday night, the forint weakened against major currencies on the international interbank foreign exchange market on Wednesday morning.
Hungarian central bank rate-setters hiked the base rate by 100 basis points to 5.40% at their regular meeting on Tuesday, while also expanding the two sides of the interest rate corridor by the same ratio.
The average gross wage of full-time employees in February was 546,000 forints (EUR 1,470), 31.7% higher than the same period a year prior, the Central Statistical Office (KSH) said. The jump in the average wage was largely linked to big salary increases for defence and law enforcement staff as well as minimum wage hikes, the […]
Output of Hungary’s construction industry could reach last year’s roughly 5,500 billion forints (EUR 14.7bn) this year, the head of industry association ÉVOSZ said at a sector conference organised by Portfolio.hu on Tuesday.
On Wednesday of this week, the purchase price of petrol will increase by HUF 3 gross per liter, holtankoljak.hu reported. This is expected to affect the retail price of higher octane gasoline.
Economic research institute GKI’s combined monthly gauge of business and consumer confidence reached +2.6 points in April – when general elections were held – climbing from -5.5 points in the previous month to reach a more than two-year high. The business confidence index rose to +10.5 points from +2.4.
K&H, the local unit of Belgium’s KBC, has issued a 15 billion forint green bond, the lender’s first.