• 27 Apr 2024

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13 result(s) for council of europe in Finance

Free Cash Withdrawals at Post Offices in Hungary

Free Cash Withdrawals at Post Offices in Hungary

The opportunity for two free cash withdrawals of up to Ft 150,000 a month will be available at post offices, in addition to ATMs, under an amendment approved by Parliament yesterday to harmonise with EU legislation.
EC Disburses Euro 140 Million REPowerEU Funds to Hungary

EC Disburses Euro 140 Million REPowerEU Funds to Hungary

The European Commission has transferred 140.1 million euros to Hungary in REPowerEU pre-financing grants under the post-pandemic Resilience and Recovery Facility (RRF).
Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

The delegation of the European Parliament’s Committee on Budgetary Control called on the Hungarian government to act more responsibly in distributing EU funds, include regional authorities in decision-making instead of a “top-down” approach and meet the criteria required for releasing the funds withheld from Hungary, the head of the delegation told a press conference.
Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

The European Commission believes the reforms undertaken by Budapest so far to ensure EU money is not misused did not go far enough.
EP Votes to Recommend Freezing Hungary Funding

EP Votes to Recommend Freezing Hungary Funding

The European Parliament has proposed freezing European Union funding, saying that the 17 measures taken by Hungary aimed at unlocking its EU funding were not sufficient to offset the systemic risks to the block’s finances.
Interest Rate Hiked by 185 Basis Points to 7.75% in Hungary

Interest Rate Hiked by 185 Basis Points to 7.75% in Hungary

Hungarian rate-setters (NBH) raised the base rate by 185 basis points to 7.75% at a monthly policy meeting on Tuesday.
Base Rate Kept On Hold By Hungarian Central Bank

Base Rate Kept On Hold By Hungarian Central Bank

Hungarian rate-setters kept the base rate on hold at 0.60% at a regular meeting. The Monetary Council also left the interest rate corridor unchanged, the National Bank of Hungary (NHH) said.
Forint Under 'Strong Speculative Attack'

Forint Under 'Strong Speculative Attack'

Gergely Gulyás, head of the Prime Minister’s Office, has praised Hungary’s central bank for its “excellent” handling of a “strong speculative attack” against the forint, which he said had been the reason behind the weakening of the national currency to record low levels of 360-370 against the euro.
Hungarian Policy Makers Keep Base Rate On Hold

Hungarian Policy Makers Keep Base Rate On Hold

The Monetary Council of the National Bank of Hungary (NBH) decided to keep the central bank O/N deposit rate at -0.05% and the base rate at 0.90% at a monthly policy meeting.
Free Cash Withdrawals at Post Offices in Hungary

Free Cash Withdrawals at Post Offices in Hungary

The opportunity for two free cash withdrawals of up to Ft 150,000 a month will be available at post offices, in addition to ATMs, under an amendment approved by Parliament yesterday to harmonise with EU legislation.
EC Disburses Euro 140 Million REPowerEU Funds to Hungary

EC Disburses Euro 140 Million REPowerEU Funds to Hungary

The European Commission has transferred 140.1 million euros to Hungary in REPowerEU pre-financing grants under the post-pandemic Resilience and Recovery Facility (RRF).
Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

The delegation of the European Parliament’s Committee on Budgetary Control called on the Hungarian government to act more responsibly in distributing EU funds, include regional authorities in decision-making instead of a “top-down” approach and meet the criteria required for releasing the funds withheld from Hungary, the head of the delegation told a press conference.
Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

The European Commission believes the reforms undertaken by Budapest so far to ensure EU money is not misused did not go far enough.
EP Votes to Recommend Freezing Hungary Funding

EP Votes to Recommend Freezing Hungary Funding

The European Parliament has proposed freezing European Union funding, saying that the 17 measures taken by Hungary aimed at unlocking its EU funding were not sufficient to offset the systemic risks to the block’s finances.
Interest Rate Hiked by 185 Basis Points to 7.75% in Hungary

Interest Rate Hiked by 185 Basis Points to 7.75% in Hungary

Hungarian rate-setters (NBH) raised the base rate by 185 basis points to 7.75% at a monthly policy meeting on Tuesday.
Base Rate Kept On Hold By Hungarian Central Bank

Base Rate Kept On Hold By Hungarian Central Bank

Hungarian rate-setters kept the base rate on hold at 0.60% at a regular meeting. The Monetary Council also left the interest rate corridor unchanged, the National Bank of Hungary (NHH) said.
Forint Under 'Strong Speculative Attack'

Forint Under 'Strong Speculative Attack'

Gergely Gulyás, head of the Prime Minister’s Office, has praised Hungary’s central bank for its “excellent” handling of a “strong speculative attack” against the forint, which he said had been the reason behind the weakening of the national currency to record low levels of 360-370 against the euro.
Hungarian Policy Makers Keep Base Rate On Hold

Hungarian Policy Makers Keep Base Rate On Hold

The Monetary Council of the National Bank of Hungary (NBH) decided to keep the central bank O/N deposit rate at -0.05% and the base rate at 0.90% at a monthly policy meeting.