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HUNGARY: Nagy Says Hungary Becoming the Focus for International Investors

HUNGARY
  • Citing Bloomberg data which shows that Hungary stands out in terms of investment from US-listed ETFs, Economy Minister Marton Nagy said in a post on Facebook that Hungary is increasingly becoming the focus of international investors. The Minister attributes this to the investor-friendly tax policy as well as the lowest corporate tax rate in Europe (9%).
  • Prime Minister Viktor Orban set to become the first European leader to officially welcome an AfD leader when Alice Weidel arrives in Budapest today. A press conference following their meeting is scheduled for later this morning.
  • There are no major data releases scheduled for today or for the remainder of the week. Minutes from the NBH’s MPC meeting last month will be released at 13:00GMT/14:00CET. See our review of that meeting here.
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  • Citing Bloomberg data which shows that Hungary stands out in terms of investment from US-listed ETFs, Economy Minister Marton Nagy said in a post on Facebook that Hungary is increasingly becoming the focus of international investors. The Minister attributes this to the investor-friendly tax policy as well as the lowest corporate tax rate in Europe (9%).
  • Prime Minister Viktor Orban set to become the first European leader to officially welcome an AfD leader when Alice Weidel arrives in Budapest today. A press conference following their meeting is scheduled for later this morning.
  • There are no major data releases scheduled for today or for the remainder of the week. Minutes from the NBH’s MPC meeting last month will be released at 13:00GMT/14:00CET. See our review of that meeting here.