1,157 result(s) for central market
NBH Suspends Operating Licence Of Buda-Cash Bróker Ház
- 25 Feb 2015 8:00 AM
- business
The National Bank of Hungary (NBH) as a supervisory authority has suspended with immediate effect the operating licence of brokerage firm Buda-Cash Brókerház and appointed supervisory commissioners because of suspicious cases that have come to its knowledge, the NBH said, adding that it had also filed a criminal complaint with police over the matter.
Orbán: Hungary Wants To Get Gas Via Turkey
- 25 Feb 2015 8:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán has called for efforts to ensure gas transports to central Europe, including Hungary, via Turkey. Hungary aims to get gas via Turkey and Serbia, Orbán said after talks with Turkish counterpart Ahmet Davutoglu. The two sides agreed that growing tension in Eurasia was undesirable.
Szijjártó: Untapped Gas Good For Hungary For Next 3-5 Yrs
- 19 Feb 2015 8:00 AM
- current affairs
The gas under Hungary’s current contract with Russia which has not been used will be good for another 3-5 years under a political agreement reached between the Russian president and Hungary’s premier, according to which this untapped gas can be used in the upcoming period, the foreign ministry estimates.
Retail Chain Pepco To Enter Hungarian Market With Stores Across Country
- 12 Feb 2015 8:00 AM
- shopping
South African-owned retail chain Pepco is to begin operations in Hungary, with stores opening soon in the cities of Budapest, Tatabánya, Veszprém, Siófok, Eger, Miskolc, Debrecen and Nyíregyháza. The Pepco brand has been present so far in Poland, the Czech Republic and Slovakia – however, its owner, the Pepkor holding group, also has interests in Africa and Australia.
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...
Raiffeisen Says Hungary Unit Lacks Share Holder Value
- 21 Jan 2015 8:00 AM
- business
Raiffeisen Bank International cannot ignore a lack of profits at its Hungarian operation indefinitely, the Austrian group’s head of corporate business said. The remarks by Peter Lennkh at a Euromoney conference in Vienna came as Raiffeisen reviews its portfolio, potentially resulting in a withdrawal from one or more foreign markets this year.
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Hungary Posts Negative Inflation Of -0.9% In Dec
- 14 Jan 2015 3:00 AM
- business
Consumer prices in Hungary dropped by an annual 0.9% in December, the Central Statistical Office (KSH) said. Emerging market analysts in London had expected a reading in December of -0.4%. Consumer prices fell by 0.7% in November and by 0.2% on average in 2014.
NBH Suspends Operating Licence Of Buda-Cash Bróker Ház
- 25 Feb 2015 8:00 AM
- business
The National Bank of Hungary (NBH) as a supervisory authority has suspended with immediate effect the operating licence of brokerage firm Buda-Cash Brókerház and appointed supervisory commissioners because of suspicious cases that have come to its knowledge, the NBH said, adding that it had also filed a criminal complaint with police over the matter.
Orbán: Hungary Wants To Get Gas Via Turkey
- 25 Feb 2015 8:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán has called for efforts to ensure gas transports to central Europe, including Hungary, via Turkey. Hungary aims to get gas via Turkey and Serbia, Orbán said after talks with Turkish counterpart Ahmet Davutoglu. The two sides agreed that growing tension in Eurasia was undesirable.
Szijjártó: Untapped Gas Good For Hungary For Next 3-5 Yrs
- 19 Feb 2015 8:00 AM
- current affairs
The gas under Hungary’s current contract with Russia which has not been used will be good for another 3-5 years under a political agreement reached between the Russian president and Hungary’s premier, according to which this untapped gas can be used in the upcoming period, the foreign ministry estimates.
Retail Chain Pepco To Enter Hungarian Market With Stores Across Country
- 12 Feb 2015 8:00 AM
- shopping
South African-owned retail chain Pepco is to begin operations in Hungary, with stores opening soon in the cities of Budapest, Tatabánya, Veszprém, Siófok, Eger, Miskolc, Debrecen and Nyíregyháza. The Pepco brand has been present so far in Poland, the Czech Republic and Slovakia – however, its owner, the Pepkor holding group, also has interests in Africa and Australia.
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...
Raiffeisen Says Hungary Unit Lacks Share Holder Value
- 21 Jan 2015 8:00 AM
- business
Raiffeisen Bank International cannot ignore a lack of profits at its Hungarian operation indefinitely, the Austrian group’s head of corporate business said. The remarks by Peter Lennkh at a Euromoney conference in Vienna came as Raiffeisen reviews its portfolio, potentially resulting in a withdrawal from one or more foreign markets this year.
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Hungary Posts Negative Inflation Of -0.9% In Dec
- 14 Jan 2015 3:00 AM
- business
Consumer prices in Hungary dropped by an annual 0.9% in December, the Central Statistical Office (KSH) said. Emerging market analysts in London had expected a reading in December of -0.4%. Consumer prices fell by 0.7% in November and by 0.2% on average in 2014.