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1 – 4 of 4Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…
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DOI: 10.1108/OXAN-DB285730
ISSN: 2633-304X
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Geographic
Topical
The economy has recovered somewhat from the one-third contraction in 2022 caused by Russia's invasion. Government spending, mainly on defence, dominates but agriculture has…
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DOI: 10.1108/OXAN-DB283880
ISSN: 2633-304X
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Geographic
Topical
After the 2021-22 post-pandemic rebound, growth is stabilising at around 2%. Barring new external shocks, it is expected to remain at this level in the coming years. Improved…
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DOI: 10.1108/OXAN-DB284334
ISSN: 2633-304X
Keywords
Geographic
Topical
The MNB’s decision marks the first effective decrease in borrowing costs in Hungary in three years, firing the starting gun on looser monetary policy in Central European (CE…