269 result(s) for debt in Business
IMF Projects Faster Economic Growth In Hungary
- 12 May 2015 9:00 AM
- business
The International Monetary Fund raised its forecast for Hungary’s economic growth in its Regional Economic Issues report. Growth could reach 2.7% this year according to the new report. The forecast was raised from 2.3% in the previous report published in October 2014. For 2016, the IMF expects growth of 2.3%.
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.
PM Orbán Addresses German-Hungarian Chamber Of Commerce
- 8 May 2015 9:00 AM
- business
Prime Minister Viktor Orbán, addressing the German-Hungarian chamber of commerce and industry, said that although not every aspect of Hungarian economic policy is favourable to every German company operating in the country, the economic environment is generally positive for foreign investors. “Contrary to the opposing view, Hungarian governance is genuinely predictable when it comes to the ...
Reduction In Templeton Exposure “Good For Hungary”
- 7 May 2015 9:00 AM
- business
Franklin Templeton’s gradual offloading of Hungarian bonds is positive for Hungary since it lessens the exposure resulting from a concentration of debt held by a single investor, a debt management official said. The global investment firm, the biggest single investor in Hungarian forint government securities, has sold 20% of its 2,000 billion Hungary portfolio, AKK chief György Barcza told public ...
Fitch Does Not Expect Change To Hungary Rating In Short Term
- 30 Apr 2015 9:00 AM
- business
Fitch Ratings does not expect a change to Hungary’s sovereign rating in the short term, the ratings agency said in an emailed response to Reuters before a review scheduled for May 22. Fitch rates Hungary BB+, one notch below investment grade, with a stable outlook. “The external front is where we are seeing the main improvement.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
IMF Raises Hungary 2015 Growth Forecast
- 15 Apr 2015 9:00 AM
- business
The International Monetary Fund (IMF) has raised its projection for economic growth in Hungary this year to 2.7% from 2.3% predicted last October. In its World Economic Outlook published Tuesday, the Fund said economic growth remained strong in Hungary but it is expected to decline this year on account of lower investment growth and less supportive fiscal conditions.
Hungarian Gov’t Throws Lifeline To Brokerage Victims
- 10 Apr 2015 9:00 AM
- business
The government will provide Ft 2 billion in the coming days to 84 local governments that lost money in the Buda-Cash brokerage scandal to help them pay for salaries and welfare transfers, PMO Minister János Lázár announced yesterday.
Pénzügykutató Expects Hungary’s GDP Growth To Fall To 2.4% This Year
- 26 Mar 2015 8:00 AM
- business
Pénzügykutató expects Hungary’s GDP growth rate to fall to 2.4% this year as investments slow, the economic research company said in a forecast. The projection is well under the government’s latest forecast for growth of 2.8% - 2.9%. Hungary’s GDP rose by 3.6% last year.
IMF Projects Faster Economic Growth In Hungary
- 12 May 2015 9:00 AM
- business
The International Monetary Fund raised its forecast for Hungary’s economic growth in its Regional Economic Issues report. Growth could reach 2.7% this year according to the new report. The forecast was raised from 2.3% in the previous report published in October 2014. For 2016, the IMF expects growth of 2.3%.
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.
PM Orbán Addresses German-Hungarian Chamber Of Commerce
- 8 May 2015 9:00 AM
- business
Prime Minister Viktor Orbán, addressing the German-Hungarian chamber of commerce and industry, said that although not every aspect of Hungarian economic policy is favourable to every German company operating in the country, the economic environment is generally positive for foreign investors. “Contrary to the opposing view, Hungarian governance is genuinely predictable when it comes to the ...
Reduction In Templeton Exposure “Good For Hungary”
- 7 May 2015 9:00 AM
- business
Franklin Templeton’s gradual offloading of Hungarian bonds is positive for Hungary since it lessens the exposure resulting from a concentration of debt held by a single investor, a debt management official said. The global investment firm, the biggest single investor in Hungarian forint government securities, has sold 20% of its 2,000 billion Hungary portfolio, AKK chief György Barcza told public ...
Fitch Does Not Expect Change To Hungary Rating In Short Term
- 30 Apr 2015 9:00 AM
- business
Fitch Ratings does not expect a change to Hungary’s sovereign rating in the short term, the ratings agency said in an emailed response to Reuters before a review scheduled for May 22. Fitch rates Hungary BB+, one notch below investment grade, with a stable outlook. “The external front is where we are seeing the main improvement.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
IMF Raises Hungary 2015 Growth Forecast
- 15 Apr 2015 9:00 AM
- business
The International Monetary Fund (IMF) has raised its projection for economic growth in Hungary this year to 2.7% from 2.3% predicted last October. In its World Economic Outlook published Tuesday, the Fund said economic growth remained strong in Hungary but it is expected to decline this year on account of lower investment growth and less supportive fiscal conditions.
Hungarian Gov’t Throws Lifeline To Brokerage Victims
- 10 Apr 2015 9:00 AM
- business
The government will provide Ft 2 billion in the coming days to 84 local governments that lost money in the Buda-Cash brokerage scandal to help them pay for salaries and welfare transfers, PMO Minister János Lázár announced yesterday.
Pénzügykutató Expects Hungary’s GDP Growth To Fall To 2.4% This Year
- 26 Mar 2015 8:00 AM
- business
Pénzügykutató expects Hungary’s GDP growth rate to fall to 2.4% this year as investments slow, the economic research company said in a forecast. The projection is well under the government’s latest forecast for growth of 2.8% - 2.9%. Hungary’s GDP rose by 3.6% last year.