683 result(s) for central bank of hungary
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Quaestor Brokerage Scandal Victims Protest At Parliament
- 3 Nov 2015 8:00 AM
- current affairs
Around one hundred people, including several opposition politicians, demanded compensation for victims of the Quaestor brokerage scandal near parliament. Deputy leader of the opposition Együtt party Levente Pápa said lawmakers will decide on Tuesday whether to guarantee cash compensation by the state in the law compensating investors of failed brokerage Quaestor, giving Hungarians who lost their ...
Video: US Ambassador To Hungary's “We Will Build a Stronger Bridge” Speech
- 31 Oct 2015 8:01 AM
- current affairs
US Ambassador Colleen Bell recently made numerous positive public remarks about Hungary, and also spoke of her country’s concerns - about corruption, a decline of freedom of the press, and xenophobic characterisations of refugees – during her speech on Wednesday 28 October at the Corvinus University in Budapest.
She said Hungary was not a place where journalists were jailed or tortured, ...
She said Hungary was not a place where journalists were jailed or tortured, ...
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Lázár On Farmland Sales, Tax Reform
- 16 Oct 2015 9:00 AM
- current affairs
Public auctions of state-owned farmland will start on Nov. 16, János Lázár, the government office chief, told a weekly government press briefing. The auctions would be started in six counties. The government wants to get the best price possible for farmland he said, adding that it was inconceivable that sales would go ahead for prices below market value. The Hungarian Development Bank (MFB) has ...
Consumer Prices In Hungary Fall By 0.4% In Sept
- 8 Oct 2015 6:00 AM
- shopping
Consumer prices in Hungary fell by an annual 0.4% in September, the Central Statistical Office said. Prices fell at a faster pace than the 0.1% drop estimated by analysts in London. In August, the annual CPI was zero. In a month-on-month comparison, prices dropped by 0.6% in September. Seasonally-adjusted core inflation, which excludes volatile food and fuel prices, was 1.3%.
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Retail Sales In Hungary Up 4.7% In Aug
- 5 Oct 2015 4:00 AM
- shopping
Retail sales in Hungary climbed by 4.7% in August from the same month a year earlier, preliminary data released by the Central Statistical Office on Monday show. The increase was the same when adjusted for calendar year effects. The unadjusted rise was down from 6.8% in July. Adjusted food sales climbed by 3.7% in August, non-food sales were up 4.6% and fuel sales increased by 7.4%. In ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Quaestor Brokerage Scandal Victims Protest At Parliament
- 3 Nov 2015 8:00 AM
- current affairs
Around one hundred people, including several opposition politicians, demanded compensation for victims of the Quaestor brokerage scandal near parliament. Deputy leader of the opposition Együtt party Levente Pápa said lawmakers will decide on Tuesday whether to guarantee cash compensation by the state in the law compensating investors of failed brokerage Quaestor, giving Hungarians who lost their ...
Video: US Ambassador To Hungary's “We Will Build a Stronger Bridge” Speech
- 31 Oct 2015 8:01 AM
- current affairs
US Ambassador Colleen Bell recently made numerous positive public remarks about Hungary, and also spoke of her country’s concerns - about corruption, a decline of freedom of the press, and xenophobic characterisations of refugees – during her speech on Wednesday 28 October at the Corvinus University in Budapest.
She said Hungary was not a place where journalists were jailed or tortured, ...
She said Hungary was not a place where journalists were jailed or tortured, ...
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Lázár On Farmland Sales, Tax Reform
- 16 Oct 2015 9:00 AM
- current affairs
Public auctions of state-owned farmland will start on Nov. 16, János Lázár, the government office chief, told a weekly government press briefing. The auctions would be started in six counties. The government wants to get the best price possible for farmland he said, adding that it was inconceivable that sales would go ahead for prices below market value. The Hungarian Development Bank (MFB) has ...
Consumer Prices In Hungary Fall By 0.4% In Sept
- 8 Oct 2015 6:00 AM
- shopping
Consumer prices in Hungary fell by an annual 0.4% in September, the Central Statistical Office said. Prices fell at a faster pace than the 0.1% drop estimated by analysts in London. In August, the annual CPI was zero. In a month-on-month comparison, prices dropped by 0.6% in September. Seasonally-adjusted core inflation, which excludes volatile food and fuel prices, was 1.3%.
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Retail Sales In Hungary Up 4.7% In Aug
- 5 Oct 2015 4:00 AM
- shopping
Retail sales in Hungary climbed by 4.7% in August from the same month a year earlier, preliminary data released by the Central Statistical Office on Monday show. The increase was the same when adjusted for calendar year effects. The unadjusted rise was down from 6.8% in July. Adjusted food sales climbed by 3.7% in August, non-food sales were up 4.6% and fuel sales increased by 7.4%. In ...