158 result(s) for base rate cut
Orbán: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Xpat Opinion: Dispute Over Hungary’s National Bank Recruitment
- 10 Aug 2016 9:00 AM
- current affairs
A conservative columnist criticizes the National Bank for hiring former counterespionage officers. A pro-government economist, on the other hand, alleges that its critics want to take revenge on the National Bank for cutting into the profit of financial speculators.
Introducing Hungary's Ruppert Winery
- 7 Jul 2016 8:00 AM
- specials
Let us introduce you to Ruppert Winery from western part of Villány. They will be one of our guest wineries at the next Xpat Wine Club event on 14th July at Hilton Budapest.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Mel Horwitch, Former Dean, CEU Business School
- 9 Feb 2016 11:00 AM
Mel Horwitch is Dean and University Professor at Central European University Business School, located in Budapest, Hungary. Previously, he was Professor of Technology Management and Chair of the Department of Technology Management, at the Polytechnic Institute of NYU (now NYU’s Tandon School of Engineering).
Base Rate In Hungary Could Be Lowered This Year
- 21 Jan 2016 8:00 AM
- business
A lowering of the base rate due to the very low inflation might be possible, especially if the Polish central bank were to cut its base rate, analysts told Reuters news agency. For now, all 21 analysts asked by the news agency expect the MNB’s monetary council to keep the rate at 1.35% when it meets next Tuesday.
Orbán: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Xpat Opinion: Dispute Over Hungary’s National Bank Recruitment
- 10 Aug 2016 9:00 AM
- current affairs
A conservative columnist criticizes the National Bank for hiring former counterespionage officers. A pro-government economist, on the other hand, alleges that its critics want to take revenge on the National Bank for cutting into the profit of financial speculators.
Introducing Hungary's Ruppert Winery
- 7 Jul 2016 8:00 AM
- specials
Let us introduce you to Ruppert Winery from western part of Villány. They will be one of our guest wineries at the next Xpat Wine Club event on 14th July at Hilton Budapest.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Mel Horwitch, Former Dean, CEU Business School
- 9 Feb 2016 11:00 AM
Mel Horwitch is Dean and University Professor at Central European University Business School, located in Budapest, Hungary. Previously, he was Professor of Technology Management and Chair of the Department of Technology Management, at the Polytechnic Institute of NYU (now NYU’s Tandon School of Engineering).
Base Rate In Hungary Could Be Lowered This Year
- 21 Jan 2016 8:00 AM
- business
A lowering of the base rate due to the very low inflation might be possible, especially if the Polish central bank were to cut its base rate, analysts told Reuters news agency. For now, all 21 analysts asked by the news agency expect the MNB’s monetary council to keep the rate at 1.35% when it meets next Tuesday.