2,266 result(s) for billion forint
Hungary’s Central Bank To Guarantee MKB Bank
- 19 Dec 2014 8:00 AM
- business
The government has asked the central bank to contribute towards efforts to reorganise and strengthen MKB Bank. Speaking at a press conference held with Prime Minister Viktor Orbán, György Matolcsy, the central bank governor, said the National Bank of Hungary would guarantee the “full liquidity” of MKB Bank recently acquired by the state.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
ÁKK: Hungary To Borrow USD 25 Billion In 2015
- 19 Dec 2014 8:00 AM
- current affairs
At a joint press conference held on Thursday 18 December, by the Ministry for National Economics and the State Debt Management Company (ÁKK), Deputy CEO László András Borbély presented Hungary’s national debt management plans for 2015.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Ethnic Minorities In Hungary To Receive HUF 2bn More From Central Budget
- 17 Dec 2014 8:00 AM
- current affairs
The 13 ethnic minorities living in Hungary will receive an extra 2 billion forints of central budget support totalling 6 billion forints (EUR 19m) next year, the national council of Germans in Hungary said. When parliament approved on Tuesday the 2015 budget bill, the parliamentary committee of ethnic minorities living in Hungary had for the first time an opportunity to influence the decision, ...
Xpat Opinion: Trade Union Road Blocks In Budapest
- 17 Dec 2014 8:00 AM
- current affairs
A pro-government commentator argues that the nationwide demonstration proved the presence of vibrant democracy in Hungary. Meanwhile she criticises the government for imposing toll on the Budapest highway belt as well as MPs for wanting to exempt themselves of highway tolls.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
Pintér: Local Govt-Owned Companies Amass Large Debt In Hungary
- 13 Dec 2014 8:00 AM
- business
Debt accumulated by local government-owned companies exceeds 1,000 billion forints (EUR 3.26bn), while the budget to operate the whole local government system is 781 billion forints, Sándor Pintér, the interior minister, said.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Hungary’s Central Bank To Guarantee MKB Bank
- 19 Dec 2014 8:00 AM
- business
The government has asked the central bank to contribute towards efforts to reorganise and strengthen MKB Bank. Speaking at a press conference held with Prime Minister Viktor Orbán, György Matolcsy, the central bank governor, said the National Bank of Hungary would guarantee the “full liquidity” of MKB Bank recently acquired by the state.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
ÁKK: Hungary To Borrow USD 25 Billion In 2015
- 19 Dec 2014 8:00 AM
- current affairs
At a joint press conference held on Thursday 18 December, by the Ministry for National Economics and the State Debt Management Company (ÁKK), Deputy CEO László András Borbély presented Hungary’s national debt management plans for 2015.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Ethnic Minorities In Hungary To Receive HUF 2bn More From Central Budget
- 17 Dec 2014 8:00 AM
- current affairs
The 13 ethnic minorities living in Hungary will receive an extra 2 billion forints of central budget support totalling 6 billion forints (EUR 19m) next year, the national council of Germans in Hungary said. When parliament approved on Tuesday the 2015 budget bill, the parliamentary committee of ethnic minorities living in Hungary had for the first time an opportunity to influence the decision, ...
Xpat Opinion: Trade Union Road Blocks In Budapest
- 17 Dec 2014 8:00 AM
- current affairs
A pro-government commentator argues that the nationwide demonstration proved the presence of vibrant democracy in Hungary. Meanwhile she criticises the government for imposing toll on the Budapest highway belt as well as MPs for wanting to exempt themselves of highway tolls.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
Pintér: Local Govt-Owned Companies Amass Large Debt In Hungary
- 13 Dec 2014 8:00 AM
- business
Debt accumulated by local government-owned companies exceeds 1,000 billion forints (EUR 3.26bn), while the budget to operate the whole local government system is 781 billion forints, Sándor Pintér, the interior minister, said.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.