Our latest news
Forint Drops but Real Estate Activity Continues
January 6th, 2012Many of you may have read recent news regarding the Hungarian government's negotiations with the IMF and EU, along with the news that HUF has dropped significantly against…
Read moreTower Moves to New Offices in Budapest
December 23rd, 2011Tower has recently completed its move to new head offices in Budapest. After spending the last three years at our Revay Street office we have moved to larger premises on…
Read moreHungarian Government Raises VAT to 27%
December 9th, 2011The Hungarian government as part of its plan to increase revenues to the exchequer has raised VAT by 2% in the new tax year. Which means that from January VAT on most goods…
Read moreHungary banks, gov't to agree on FX debt fix by Xmas, 2012 growth uncertain - Enonomy Ministry
December 9th, 2011Hungary’s government can reach an agreement with the Banking Association on new opportunities for foreign currency borrowers by Christmas, said Zoltán Cséfalvay, state secretary…
Read moreHungary posts EUR 500 m trade surplus, exports remain steady
December 9th, 2011Hungary has posted yet anther massive trade surplus of EUR 497.4 million in October, the ksh has reported on Friday. The accumulated balance stood at EUR 5.95 bn at the end…
Read more