To counter the effects of inflation, new government securities are introduced in Hungary, while existing ones are also updated to provide safe options for savings and investment in Hungary. Announcement…
Tag: Inflation
New rules slap 400,000 KATA subjects in the face
KATA is one of the most popular tax regimes in Hungary among small taxpayers. For some time, there have been talks about the introduction of further restrictions starting from 2023…
Base rate increase in Hungary to reduce inflation
The Monetary Council of the Hungarian Central Bank increased the base rate with an unexpected 185 basis points. Now analysts expect a base rate above 10% for the fall, which…
Price caps staying in Hungary until 1 July 2022
For the last few months, price caps have been in force in Hungary for fuels and some basic grocery items. While originally they were supposed to be expire in May…
Impending global stagflation and its effects on your business
Stagflation is when economic growth slows down while inflation continues to increase. Developments of the last few years, most prominently the COVID pandemic and the war in Ukraine are making…
The crypto landscape in times of war
Cryptocurrencies are stateless, decentralized, anonymous digital currencies, which have often been viewed as a kind of doomsday insurance. They were supposed to be resilient to the fluctuations of the real…