MNI BRIEF: Canada PM Carney Derides Trump's 51st State Idea

MNI BRIEF: Carney Sworn In As PM, Names Champagne To Finance

MNI China Daily Summary: Friday, March 14

MNI BRIEF: China February M2 Stays At 7% Y/Y

RPT-MNI INTERVIEW2: Lag Justifies Faster CNB Easing - Holub

BAKER HUGHES CANADA RIG COUNT 199; OIL RIGS 139; GAS RIGS 60

MNI: BAKER HUGHES US RIG COUNT 592; OIL RIGS 487; GAS RIGS 100

EZ/UK T-Bill Calendar: DE, NL and FR Due Monday

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

HUNGARY: Nagy Says German Fiscal Plan Puts Hungary in Advantageous Position

HUNGARY
CEEMEAEM BulletBulletEmerging Market NewsHungary
  • The EUR500bln infrastructure fund that Germany announced last week could put Hungary in an advantageous position, national economy minister Marton Nagy said in Brussels on Monday as per MTI. Nagy said that Germany's stress on the economy and improving competitiveness was "good for Europe and good for Hungary".
  • Meanwhile, planning for the 2026 Hungarian budget began on Monday, he said, adding that it would be "a budget of tax cuts". The minister also vowed that by 2026 the budget deficit would not exceed 3.5 percent of GDP.
  • Other than CPI data due later this morning (full preview post to follow), there are no major data releases scheduled for the remainder of the week. NBH minutes for the February meeting are due tomorrow afternoon.
121 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • The EUR500bln infrastructure fund that Germany announced last week could put Hungary in an advantageous position, national economy minister Marton Nagy said in Brussels on Monday as per MTI. Nagy said that Germany's stress on the economy and improving competitiveness was "good for Europe and good for Hungary".
  • Meanwhile, planning for the 2026 Hungarian budget began on Monday, he said, adding that it would be "a budget of tax cuts". The minister also vowed that by 2026 the budget deficit would not exceed 3.5 percent of GDP.
  • Other than CPI data due later this morning (full preview post to follow), there are no major data releases scheduled for the remainder of the week. NBH minutes for the February meeting are due tomorrow afternoon.