464 result(s) for currency
Fitch Ratings Affirms Hungary At BB+
- 12 Dec 2013 2:00 AM
- business
Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with a stable outlook, and its local currency rating at ‘BBB-’. The outlooks on the long-term ratings are stable, the country ceiling has been affirmed at ‘BBB’ and the short-term foreign currency rating at ‘B’, the agency said in a report.
Xpat Opinion: Budapest, A Popular Tourist Destination
- 9 Dec 2013 8:00 AM
- travel
While Hungary has had a fairly bad press abroad for political reasons over the past years, Budapest has gradually gained a positive international image as a friendly and welcoming city.
2013: The Year Of Positive U-Turn For Hungary
- 7 Dec 2013 8:00 AM
- current affairs
This year was the year of trend reversal for the Hungarian economy: while at the beginning of the year the economy was still mired in recession, the third quarter brought growth above prior expectations and this gives reason to be optimistic with regard to 2014, Minister for National Economy Mihály Varga said in a speech marking the year-end session of Hungary’s Joint Venture Association held at ...
EU Rules Allow Top Court In Hungary To Set FX Rate In Loan Cases
- 6 Dec 2013 2:00 AM
- property
European Union regulations on unfair contractual obligations enable the top court Kúria to assess the fairness of contracts and in certain cases set the exchange rate, daily Magyar Nemzet said, citing a position by the European Commission.
Csányi Says Putting FX Debt Issue To Political Discourse In Hungary Unwarranted
- 5 Dec 2013 8:00 AM
- property
OTP Bank President-CEO Sándor Csányi told the Hungarian edition of Forbes magazine in an interview published on Thursday that the focus of politics on the issue of foreign-currency debt in Hungary is unwarranted.
Hungary’s Forint Dips Further
- 3 Dec 2013 8:00 AM
- business
The forint weakened to above 303 to the euro for the first time since early January on Monday’s interbank market, trading at 303.51 to the single European currency at 4:15 p.m., compared to a rate of 300.94 at 4:15 p.m. on Friday.
Hungary's Kúria To Define Principles On Forex Mortgages
- 26 Nov 2013 8:00 AM
- property
The Kúria will formulate general principles regarding foreign-currency mortgage loans, to be used as guidelines by lower courts in lawsuits brought by borrowers against banks, it was announced yesterday.
Hungary's PM Orbán Sets Out Tasks In Mortgage Question
- 25 Nov 2013 8:00 AM
- property
Prime Minister Viktor Orbán spelled out the ways in which the supreme court should clarify questions about foreign-currency mortgages, defended the flat tax, and again attacked large multinational companies in his bi-weekly radio interview, taped in Japan on Thursday and broadcast on Friday morning.
Banks In Hungary To Pay 9.5 Billion Forint Fine For Cartel
- 21 Nov 2013 8:00 AM
- business
Hungary’s Competition Authority (GVH) has imposed a 9.5 billion forint fine on 11 commercial banks for the operation of an illegal collusion (cartel) during a repayment scheme for foreign currency mortgage-holders two years ago. According to the GVH, the banks cooperated and shared confidential business information between September 2011 and January 2012 to reduce the scale of mortgage repayments.
Fitch Ratings Affirms Hungary At BB+
- 12 Dec 2013 2:00 AM
- business
Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with a stable outlook, and its local currency rating at ‘BBB-’. The outlooks on the long-term ratings are stable, the country ceiling has been affirmed at ‘BBB’ and the short-term foreign currency rating at ‘B’, the agency said in a report.
Xpat Opinion: Budapest, A Popular Tourist Destination
- 9 Dec 2013 8:00 AM
- travel
While Hungary has had a fairly bad press abroad for political reasons over the past years, Budapest has gradually gained a positive international image as a friendly and welcoming city.
2013: The Year Of Positive U-Turn For Hungary
- 7 Dec 2013 8:00 AM
- current affairs
This year was the year of trend reversal for the Hungarian economy: while at the beginning of the year the economy was still mired in recession, the third quarter brought growth above prior expectations and this gives reason to be optimistic with regard to 2014, Minister for National Economy Mihály Varga said in a speech marking the year-end session of Hungary’s Joint Venture Association held at ...
EU Rules Allow Top Court In Hungary To Set FX Rate In Loan Cases
- 6 Dec 2013 2:00 AM
- property
European Union regulations on unfair contractual obligations enable the top court Kúria to assess the fairness of contracts and in certain cases set the exchange rate, daily Magyar Nemzet said, citing a position by the European Commission.
Csányi Says Putting FX Debt Issue To Political Discourse In Hungary Unwarranted
- 5 Dec 2013 8:00 AM
- property
OTP Bank President-CEO Sándor Csányi told the Hungarian edition of Forbes magazine in an interview published on Thursday that the focus of politics on the issue of foreign-currency debt in Hungary is unwarranted.
Hungary’s Forint Dips Further
- 3 Dec 2013 8:00 AM
- business
The forint weakened to above 303 to the euro for the first time since early January on Monday’s interbank market, trading at 303.51 to the single European currency at 4:15 p.m., compared to a rate of 300.94 at 4:15 p.m. on Friday.
Hungary's Kúria To Define Principles On Forex Mortgages
- 26 Nov 2013 8:00 AM
- property
The Kúria will formulate general principles regarding foreign-currency mortgage loans, to be used as guidelines by lower courts in lawsuits brought by borrowers against banks, it was announced yesterday.
Hungary's PM Orbán Sets Out Tasks In Mortgage Question
- 25 Nov 2013 8:00 AM
- property
Prime Minister Viktor Orbán spelled out the ways in which the supreme court should clarify questions about foreign-currency mortgages, defended the flat tax, and again attacked large multinational companies in his bi-weekly radio interview, taped in Japan on Thursday and broadcast on Friday morning.
Banks In Hungary To Pay 9.5 Billion Forint Fine For Cartel
- 21 Nov 2013 8:00 AM
- business
Hungary’s Competition Authority (GVH) has imposed a 9.5 billion forint fine on 11 commercial banks for the operation of an illegal collusion (cartel) during a repayment scheme for foreign currency mortgage-holders two years ago. According to the GVH, the banks cooperated and shared confidential business information between September 2011 and January 2012 to reduce the scale of mortgage repayments.