690 result(s) for central bank of hungary
Hungarian Daily Magyar Nemzet Urges Seszták To Quit
- 1 Aug 2014 9:00 AM
- current affairs
An editorial in Magyar Nemzet today calls on Development Minister Miklós Seszták to step down, due to his links with offshore companies. Seszták has argued that companies registered in Cyprus are not offshore companies, as they are incorporated in the EU, the editorial notes.
Jobless Rate In Hungary Unchanged At 8% In April -June
- 31 Jul 2014 11:00 AM
- current affairs
The average unemployment rate among Hungarians between the ages of 15 and 74 was 8% in April-June, the Central Statistical Office (KSH) said. The jobless rate was unchanged from March-May and down from 10.3% in the same period a year earlier. The number of unemployed averaged 358,900 in April-June.
Minister Varga Brushes Off Concern Banks Would Leave Hungary
- 29 Jul 2014 9:00 AM
- business
Measures to bail out troubled forex loan holders will not put Hungary’s banking system at risk, the economy minister said in an interview published in Monday’s business daily Világgazdaság. Banks in Hungary do not have the slightest intention of pulling out of the country, Mihály Varga said.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Bogus Police Steal Cash From Foreigners In Central Budapest
- 3 Jul 2014 10:30 AM
- current affairs
Bogus police officers in Budapest have been stopping foreigners on the pretense of checking their documents while actually stealing their money. Two foreign men pretending to be Hungarian police officers stole or attempted to steal from tourists in central Budapest four times on June 26, the police said.
Freight Railway Plan Discussed For Central Hungary
- 23 Jun 2014 9:30 AM
- getting around
Hungary’s trade chief Péter Szijjártó met with the China Development Bank’s director responsible for international cooperation Xu Chun Yang in Budapest on Friday to discuss financing for a freight railway to circumvent the city of Budapest, Szijjártó’s press secretary, Judit Fülöp, said.
Central Bank Official: Hungary May Get Better Ratings This Year
- 30 May 2014 9:00 AM
- business
It is expected that Hungary’s sovereign debt rating will be lifted this year, the central bank’s executive director said at a conference on Thursday. Dániel Palotai told Dow Jones that one of the three major credit rating agencies, which he did not name, had recognised the Hungarian economy was less vulnerable than before.
Foreign Tour Groups On The Wane In Hungary
- 28 May 2014 9:02 AM
- travel
Hungarian tourism is growing rapidly but most foreign tourists arrive independently so travel agencies that mainly cater to foreign tour groups are not generally cashing in on the boom, business daily Világgazdaság said. Out of a total of 1,200 Hungarian travel agencies, around 100 focus on inbound travellers, the paper said.
Mobile Payment And E-Shopping Boom Expected In Hungary
- 19 May 2014 9:00 AM
- tech
Hungary, a leader in international comparison in the number and active use of contactless PayPass™ bank cards, is up for a boom in mobile payments, as the contactless technology can open the way for even more innovative payment solutions. Furthermore, MasterPass™, a new global platform by MasterCard can transform online shopping and make checkout simpler and quicker than ever for customers ...
Hungarian Daily Magyar Nemzet Urges Seszták To Quit
- 1 Aug 2014 9:00 AM
- current affairs
An editorial in Magyar Nemzet today calls on Development Minister Miklós Seszták to step down, due to his links with offshore companies. Seszták has argued that companies registered in Cyprus are not offshore companies, as they are incorporated in the EU, the editorial notes.
Jobless Rate In Hungary Unchanged At 8% In April -June
- 31 Jul 2014 11:00 AM
- current affairs
The average unemployment rate among Hungarians between the ages of 15 and 74 was 8% in April-June, the Central Statistical Office (KSH) said. The jobless rate was unchanged from March-May and down from 10.3% in the same period a year earlier. The number of unemployed averaged 358,900 in April-June.
Minister Varga Brushes Off Concern Banks Would Leave Hungary
- 29 Jul 2014 9:00 AM
- business
Measures to bail out troubled forex loan holders will not put Hungary’s banking system at risk, the economy minister said in an interview published in Monday’s business daily Világgazdaság. Banks in Hungary do not have the slightest intention of pulling out of the country, Mihály Varga said.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Bogus Police Steal Cash From Foreigners In Central Budapest
- 3 Jul 2014 10:30 AM
- current affairs
Bogus police officers in Budapest have been stopping foreigners on the pretense of checking their documents while actually stealing their money. Two foreign men pretending to be Hungarian police officers stole or attempted to steal from tourists in central Budapest four times on June 26, the police said.
Freight Railway Plan Discussed For Central Hungary
- 23 Jun 2014 9:30 AM
- getting around
Hungary’s trade chief Péter Szijjártó met with the China Development Bank’s director responsible for international cooperation Xu Chun Yang in Budapest on Friday to discuss financing for a freight railway to circumvent the city of Budapest, Szijjártó’s press secretary, Judit Fülöp, said.
Central Bank Official: Hungary May Get Better Ratings This Year
- 30 May 2014 9:00 AM
- business
It is expected that Hungary’s sovereign debt rating will be lifted this year, the central bank’s executive director said at a conference on Thursday. Dániel Palotai told Dow Jones that one of the three major credit rating agencies, which he did not name, had recognised the Hungarian economy was less vulnerable than before.
Foreign Tour Groups On The Wane In Hungary
- 28 May 2014 9:02 AM
- travel
Hungarian tourism is growing rapidly but most foreign tourists arrive independently so travel agencies that mainly cater to foreign tour groups are not generally cashing in on the boom, business daily Világgazdaság said. Out of a total of 1,200 Hungarian travel agencies, around 100 focus on inbound travellers, the paper said.
Mobile Payment And E-Shopping Boom Expected In Hungary
- 19 May 2014 9:00 AM
- tech
Hungary, a leader in international comparison in the number and active use of contactless PayPass™ bank cards, is up for a boom in mobile payments, as the contactless technology can open the way for even more innovative payment solutions. Furthermore, MasterPass™, a new global platform by MasterCard can transform online shopping and make checkout simpler and quicker than ever for customers ...


















