Hungary may seek to join the euro’s ERM-2 waiting room this year or next, its finance minister said, as officials scramble to find ways to arrest the plunging currency as it wreaks havoc across the ...

Katelyn Peters has a writer and editor for more than five years who focuses on both investing and personal finance content. In addition to her experience in finance, she is also a volunteer editorial ...

Hungary has lifted its 2022 foreign currency borrowing target by the equivalent of 2.5 billion euros ($2.7 billion), the AKK debt agency said on Tuesday, as a stand-off with the European Union over ...

BUDAPEST—A top official from Hungary's ruling party said the government plans to convert foreign-currency loans into forints at below-market rates to ease the financial burden on Hungarians, partly at ...

BUDAPEST—Hungary's central bank still has room to continue cutting interest rates, the governor said Wednesday, after the currency weakened to a two-year record against the euro following an ...

Hungary’s prime minister Viktor Orban has sparked controversy again. The country passed a new bill in September allowing early repayment of foreign-currency mortgages at government-specified discounts ...