465 result(s) for currency
Hungary’s Economy Minister Varga Wins Euromoney Award
- 12 Oct 2015 11:00 AM
- current affairs
Economy Minister Mihály Varga has been named Finance Minister of the Year for Central and Eastern Europe by the Emerging Markets website of British monthly Euromoney. The timing of the conversion of foreign-currency mortgages to local currency was perfect, Emerging Markets observed. Furthermore, Hungary has paid back its loan to the IMF early, the site underlines.
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 ...
You Can Help Migrants Via Expat Pub's 'Refugee Aid Caledonia'
- 10 Sep 2015 1:20 AM
- community & culture
Patrick McMenamin and Zsuzsa Bozo, owners of the Caledonia Pub in Budapest, contacted XpatLoop.com about promoting their new 'Refugee Aid' project saying, "We are delighted to announce that The Robert Burns International Foundation here in Budapest have agreed to support our efforts to raise much needed funds by providing us with a bank account to accept donations specifically for this cause."
Inter-State Talks Regarding Belgrade-Budapest Railway Line Commenced
- 4 Sep 2015 9:18 AM
- getting around
Hungary has received the Chinese party’s financing offer relating to the Belgrade-Budapest railway line project, and negotiations on an inter-state agreement have also begun, Minister of Foreign Affairs and Trade Péter Szijjártó told the correspondent of the Hungarian News Agency MTI in Beijing, after his meeting with Chinese Foreign Minister Vang Yi late Wednesday evening, local time.
Real Estate Market On The Rise In Budapest
- 6 Aug 2015 11:45 AM
- property
The growing popularity of online vacation rentals has driven up demand for flats in central Budapest. Home sales in the centre of the capital have risen 40% in just a year, according to real-estate agent Otthon Centrum. Demand is highest for 40-60sqm flats in need of renovation. Interest is strong for flats in the 7th district, where local ruin pubs draw young travellers, as well as in the ...
National Bank of Hungary Sets Foreign Currency Balance Indicator For Banks
- 31 Jul 2015 9:00 AM
- business
The National Bank of Hungary (NBH) will require banks to have a foreign currency balance indicator (DEM) of maximum 0.15 starting from January 1, 2016, according to a decree by the governor of the NBH published in the Thursday issue of the official gazette Magyar Közlöny. DEM for banks will be calculated based on the balance of foreign currency assets and liabilities divided by total assets.
Opposition Parties In Hungary Criticise MNB
- 20 Jul 2015 9:00 AM
- current affairs
The opposition parties expect an explanation from the MNB which last week announced its purchase of the only Titian painting in Hunga-ry for Ft 4.5 billion. LMP said it is outrageous that the central bank has bought the painting Madonna and Child with St. Paul from profits gained by converting foreign-currency loans. The Democratic Coalition recalled that it had complained to the European ...
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
PM: Hungary Is An Open And Friendly Country
- 10 Jun 2015 9:00 AM
- current affairs
In Budapest on Tuesday, at the annual general assembly of the Union of Arab Banks, Prime Minister Viktor Orbán said that Hungary is an open and friendly country where there are no obstacles to investment. Foreign investors create jobs in Hungary, and for this reason they are our friends, the Prime Minister said.
Hungary’s Economy Minister Varga Wins Euromoney Award
- 12 Oct 2015 11:00 AM
- current affairs
Economy Minister Mihály Varga has been named Finance Minister of the Year for Central and Eastern Europe by the Emerging Markets website of British monthly Euromoney. The timing of the conversion of foreign-currency mortgages to local currency was perfect, Emerging Markets observed. Furthermore, Hungary has paid back its loan to the IMF early, the site underlines.
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 ...
You Can Help Migrants Via Expat Pub's 'Refugee Aid Caledonia'
- 10 Sep 2015 1:20 AM
- community & culture
Patrick McMenamin and Zsuzsa Bozo, owners of the Caledonia Pub in Budapest, contacted XpatLoop.com about promoting their new 'Refugee Aid' project saying, "We are delighted to announce that The Robert Burns International Foundation here in Budapest have agreed to support our efforts to raise much needed funds by providing us with a bank account to accept donations specifically for this cause."
Inter-State Talks Regarding Belgrade-Budapest Railway Line Commenced
- 4 Sep 2015 9:18 AM
- getting around
Hungary has received the Chinese party’s financing offer relating to the Belgrade-Budapest railway line project, and negotiations on an inter-state agreement have also begun, Minister of Foreign Affairs and Trade Péter Szijjártó told the correspondent of the Hungarian News Agency MTI in Beijing, after his meeting with Chinese Foreign Minister Vang Yi late Wednesday evening, local time.
Real Estate Market On The Rise In Budapest
- 6 Aug 2015 11:45 AM
- property
The growing popularity of online vacation rentals has driven up demand for flats in central Budapest. Home sales in the centre of the capital have risen 40% in just a year, according to real-estate agent Otthon Centrum. Demand is highest for 40-60sqm flats in need of renovation. Interest is strong for flats in the 7th district, where local ruin pubs draw young travellers, as well as in the ...
National Bank of Hungary Sets Foreign Currency Balance Indicator For Banks
- 31 Jul 2015 9:00 AM
- business
The National Bank of Hungary (NBH) will require banks to have a foreign currency balance indicator (DEM) of maximum 0.15 starting from January 1, 2016, according to a decree by the governor of the NBH published in the Thursday issue of the official gazette Magyar Közlöny. DEM for banks will be calculated based on the balance of foreign currency assets and liabilities divided by total assets.
Opposition Parties In Hungary Criticise MNB
- 20 Jul 2015 9:00 AM
- current affairs
The opposition parties expect an explanation from the MNB which last week announced its purchase of the only Titian painting in Hunga-ry for Ft 4.5 billion. LMP said it is outrageous that the central bank has bought the painting Madonna and Child with St. Paul from profits gained by converting foreign-currency loans. The Democratic Coalition recalled that it had complained to the European ...
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
PM: Hungary Is An Open And Friendly Country
- 10 Jun 2015 9:00 AM
- current affairs
In Budapest on Tuesday, at the annual general assembly of the Union of Arab Banks, Prime Minister Viktor Orbán said that Hungary is an open and friendly country where there are no obstacles to investment. Foreign investors create jobs in Hungary, and for this reason they are our friends, the Prime Minister said.