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 ...

The boycotts of Friday's EU finance minister meeting in Budapest have only made the country stronger, Hungary's finance minister Mihály Varga said. Speaking in Budapest after the meeting, Varga said ...

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 ...

The fourth deputy governor will be tasked with issues relating to developments in international economy in a unified portfolio, Governor Mihaly Varga said in May.

(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.

Analysts at Wood & Company said the rebound in Hungary's inflation could also test the National Bank of Hungary's pain threshold under new Governor Mihaly Varga, as the rises could eat into the ...

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.

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 ...