464 result(s) for currency
Conversion Will Be Almost Compulsory In Hungary
- 11 Nov 2014 8:00 AM
- property
The bill on converting foreign-currency loans into forint debt will make it difficult for any borrowers to keep their debt in anything other than forints, Economy Minister Mihály Varga told journalists on Monday.
Hungary’s PM Orbán: Europe In Spiritual Crisis
- 10 Nov 2014 8:00 AM
- current affairs
Europe is in a serious spiritual crisis because the community spends too much on welfare while its share in the global economy is shrinking, Prime Minister Viktor Orbán said in an interview published online by Germany’s Die Welt.
Hungary Repaid EUR 2bn To European Union
- 10 Nov 2014 8:00 AM
- business
An instalment of EUR 2bn, agreed upon in the loan agreement Hungary concluded with the European Commission in the autumn of 2008, was transferred at the end of October 2014 to the account of the European Union. Due to technical accounting issues, Hungary’s state debt is lower as of today.
Hungarian MPs Propose Locking Interest Rates On Retail Loans For 3 Years
- 5 Nov 2014 8:00 AM
- current affairs
Lawmakers of the ruling Fidesz-KDNP alliance have proposed that banks should be allowed to change interest rates and interest rate margins in retail loan contracts only once every three years, parliamentary group leader Antal Rogán said.
Hungary’s PM Orbán: FX Conversion Urgent, Internet Tax Off Agenda
- 5 Nov 2014 8:00 AM
- current affairs
The new draft law on fair banking seeks to protect borrowers, Prime Minister Viktor Orbán said, adding that converting foreign currency loans into forint ones was a matter of urgency. After a meeting of the Fidesz- KDNP parliamentary group, Orbán said that the group had put forward a proposal for a bill on fair banking and the cabinet would consider it on Wednesday.
Varga Talks Up Stronger Hungarian Forint
- 7 Oct 2014 9:00 AM
- current affairs
The government would like the forint to be stronger at the end of the year than now, Economy Minister Mihály Varga said Friday morning in a radio interview. Analysts have said they expect the government to bolster the forint in order to reduce the state debt in relation to GDP ratio in the year-end statistics, Napi Gazdaság notes.
Budapest Pálinka & Sausage Festival This Weekend
- 2 Oct 2014 6:00 AM
- food & drink
In line with popular custom, the 2014 Pálinka and Sausage Festival will once again be held in the Buda Castle. The event will exhibit over four hundred different types of pálinka, plus visitors are invited to, "enjoy hand-crafted sausages, cheeses and other meat based delicacies at the 8th Pálinka and Sausage Festival in the Buda Castle". We're told whisky will also be available, read on for ...
Hungarian National Bank Earmarks €3bn To Phase Out Forex Loans
- 26 Sep 2014 9:00 AM
- property
The National Bank will make €3 billion available from its foreign-currency reserves to help banks to compensate foreign-currency borrowers and to convert such loans to forint loans in the future, CEO Márton Nagy announced yesterday.
Economist Péter Róna On Hungary’s Post Election Austerity Plans
- 26 Sep 2014 5:00 AM
- business
“They need the austerity so that there is something to steal. This is the basic mechanism.” – Péter Róna, Oxford professor of economics and policy advisor to opposition party Politics Can Be Different (LMP)
Conversion Will Be Almost Compulsory In Hungary
- 11 Nov 2014 8:00 AM
- property
The bill on converting foreign-currency loans into forint debt will make it difficult for any borrowers to keep their debt in anything other than forints, Economy Minister Mihály Varga told journalists on Monday.
Hungary’s PM Orbán: Europe In Spiritual Crisis
- 10 Nov 2014 8:00 AM
- current affairs
Europe is in a serious spiritual crisis because the community spends too much on welfare while its share in the global economy is shrinking, Prime Minister Viktor Orbán said in an interview published online by Germany’s Die Welt.
Hungary Repaid EUR 2bn To European Union
- 10 Nov 2014 8:00 AM
- business
An instalment of EUR 2bn, agreed upon in the loan agreement Hungary concluded with the European Commission in the autumn of 2008, was transferred at the end of October 2014 to the account of the European Union. Due to technical accounting issues, Hungary’s state debt is lower as of today.
Hungarian MPs Propose Locking Interest Rates On Retail Loans For 3 Years
- 5 Nov 2014 8:00 AM
- current affairs
Lawmakers of the ruling Fidesz-KDNP alliance have proposed that banks should be allowed to change interest rates and interest rate margins in retail loan contracts only once every three years, parliamentary group leader Antal Rogán said.
Hungary’s PM Orbán: FX Conversion Urgent, Internet Tax Off Agenda
- 5 Nov 2014 8:00 AM
- current affairs
The new draft law on fair banking seeks to protect borrowers, Prime Minister Viktor Orbán said, adding that converting foreign currency loans into forint ones was a matter of urgency. After a meeting of the Fidesz- KDNP parliamentary group, Orbán said that the group had put forward a proposal for a bill on fair banking and the cabinet would consider it on Wednesday.
Varga Talks Up Stronger Hungarian Forint
- 7 Oct 2014 9:00 AM
- current affairs
The government would like the forint to be stronger at the end of the year than now, Economy Minister Mihály Varga said Friday morning in a radio interview. Analysts have said they expect the government to bolster the forint in order to reduce the state debt in relation to GDP ratio in the year-end statistics, Napi Gazdaság notes.
Budapest Pálinka & Sausage Festival This Weekend
- 2 Oct 2014 6:00 AM
- food & drink
In line with popular custom, the 2014 Pálinka and Sausage Festival will once again be held in the Buda Castle. The event will exhibit over four hundred different types of pálinka, plus visitors are invited to, "enjoy hand-crafted sausages, cheeses and other meat based delicacies at the 8th Pálinka and Sausage Festival in the Buda Castle". We're told whisky will also be available, read on for ...
Hungarian National Bank Earmarks €3bn To Phase Out Forex Loans
- 26 Sep 2014 9:00 AM
- property
The National Bank will make €3 billion available from its foreign-currency reserves to help banks to compensate foreign-currency borrowers and to convert such loans to forint loans in the future, CEO Márton Nagy announced yesterday.
Economist Péter Róna On Hungary’s Post Election Austerity Plans
- 26 Sep 2014 5:00 AM
- business
“They need the austerity so that there is something to steal. This is the basic mechanism.” – Péter Róna, Oxford professor of economics and policy advisor to opposition party Politics Can Be Different (LMP)