918 result(s) for debt
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
No Hope For A Stronger Forint?
- 6 May 2010 3:00 AM
- business
"While Hungary’s forint has depreciated sharply against the euro over the past few days - and the slide is not over yet - fund managers polled by Portfolio.hu still do not expect the HUF to strengthen considerably. Meanwhile, their outlook on local government securities has become less upbeat, with a decreasing number of the portfolio managers active on the Hungarian market expecting HGBs to ...
Hungary Forint Keeps Easing, Already Around 278 vs. EUR
- 5 May 2010 10:00 AM
- business
"Hungary’s forint shed more than 2.5% against the euro in Tuesday trading, easing to around 276 by the end of the session. After relaxing briefly in early morning session, the HUF has continued to ease on Wednesday amidst bitter investor sentiment. The USD remains extremely strong against key currencies and leading European stock indices continued to decline.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Hungary Fidesz Will Cut Taxes, Talk With IMF On Deficit Plans This Year
- 27 Apr 2010 4:00 AM
- business
"Hungary’s Fidesz, which won a two-thirds legislative majority on Sunday, will make amendments to tax laws in the course of 2010, but sweeping changes will be implemented only later, said Fidesz President Viktor Orbán on Monday. The next Hungarian Prime Minister told a press conference he was hopeful that Fidesz would be able to agree with the International Monetary Fund (IMF) about a new deficit ...
Euro Adoption Five Years Away For Hungary - Again
- 26 Apr 2010 5:00 AM
- business
"Analysts have been forecasting Hungary’s inflation higher and higher every month, the latest Reuters poll conducted in April showed. This, however, will not be regarded as an obstacle by the central bank (NBH) to cut is base rate further next Monday, they say.
Hungary Forint Firms Following Fidesz Victory
- 26 Apr 2010 5:00 AM
- business
"Hungary’s forint started the week on a strong footing, after centre-right Fidesz mustered a two-thirds legislative majority in the second round of elections on Sunday. The HUF’s appreciation is also linked to positive global investor sentiment.
Hungarian Entrepreneur Széles Biggest Contributor To Fidesz
- 15 Apr 2010 1:00 AM
- current affairs
"Entrepreneur Gábor Széles is the biggest individual financial contributor to Fidesz, having donated Ft 10 million last year, the weekly HVG reports in its latest issue.
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
No Hope For A Stronger Forint?
- 6 May 2010 3:00 AM
- business
"While Hungary’s forint has depreciated sharply against the euro over the past few days - and the slide is not over yet - fund managers polled by Portfolio.hu still do not expect the HUF to strengthen considerably. Meanwhile, their outlook on local government securities has become less upbeat, with a decreasing number of the portfolio managers active on the Hungarian market expecting HGBs to ...
Hungary Forint Keeps Easing, Already Around 278 vs. EUR
- 5 May 2010 10:00 AM
- business
"Hungary’s forint shed more than 2.5% against the euro in Tuesday trading, easing to around 276 by the end of the session. After relaxing briefly in early morning session, the HUF has continued to ease on Wednesday amidst bitter investor sentiment. The USD remains extremely strong against key currencies and leading European stock indices continued to decline.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Hungary Fidesz Will Cut Taxes, Talk With IMF On Deficit Plans This Year
- 27 Apr 2010 4:00 AM
- business
"Hungary’s Fidesz, which won a two-thirds legislative majority on Sunday, will make amendments to tax laws in the course of 2010, but sweeping changes will be implemented only later, said Fidesz President Viktor Orbán on Monday. The next Hungarian Prime Minister told a press conference he was hopeful that Fidesz would be able to agree with the International Monetary Fund (IMF) about a new deficit ...
Euro Adoption Five Years Away For Hungary - Again
- 26 Apr 2010 5:00 AM
- business
"Analysts have been forecasting Hungary’s inflation higher and higher every month, the latest Reuters poll conducted in April showed. This, however, will not be regarded as an obstacle by the central bank (NBH) to cut is base rate further next Monday, they say.
Hungary Forint Firms Following Fidesz Victory
- 26 Apr 2010 5:00 AM
- business
"Hungary’s forint started the week on a strong footing, after centre-right Fidesz mustered a two-thirds legislative majority in the second round of elections on Sunday. The HUF’s appreciation is also linked to positive global investor sentiment.
Hungarian Entrepreneur Széles Biggest Contributor To Fidesz
- 15 Apr 2010 1:00 AM
- current affairs
"Entrepreneur Gábor Széles is the biggest individual financial contributor to Fidesz, having donated Ft 10 million last year, the weekly HVG reports in its latest issue.
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...