Prime Minister Viktor Orban nominated Finance Minister Mihaly Varga as Hungary's next central bank governor on Friday, turning to an ally as he seeks to revive the economy before a 2026 election.

Hungary’s central bank is poised to continue holding interest rates at the first policy meeting under Governor Mihaly Varga, with investors closely watching for any shift in guidance in the face ...

Hungary's central bank must remain patient amid inflation risks, despite a weaker growth outlook, Governor Mihaly Varga said on Friday, as parliament prepared to confirm former debt agency leader ...

Hungary's economy can count on a stable banking system amid the current global uncertainty, Mihály Varga, the governor of the ...

Varga said the participation of “financial institutions of key importance” like the IMF and OECD attendance made the meeting “a success in all aspects.” He added that “despite the idea of the boycott, ...

Hungary has decided to postpone its final decision on a $50 billion loan to Ukraine until after the US presidential elections. Additionally, Budapest has delayed the decision to extend EU ...

(Bloomberg) -- Hungary’s new central bank leadership under Governor Mihaly Varga has launched a probe into controversial foundations that his predecessor set up more than a decade ago.Most Read ...

Despite boycotts, Hungarian Finance Minister Mihály Varga called the meeting a success and addressed concerns by emphasising their commitment to advancing climate action while remaining competitive.

Hungary nominated Daniel Palotai to become the fourth deputy governor of the central bank, a position created this month after Parliament passed an overhaul of the institution’s leadership.

BUDAPEST (Reuters) - Prime Minister Viktor Orban nominated Finance Minister Mihaly Varga as Hungary's next central bank governor on Friday, turning to an ally as he seeks to revive the economy ...

BUDAPEST (Reuters) -Hungary's central bank must remain patient amid inflation risks, despite a weaker growth outlook, Governor Mihaly Varga said on Friday, as parliament prepared to confirm former ...