918 result(s) for debt
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Police Remove FX Civil Movement Demonstrators In Central Budapest
- 23 Jul 2015 4:00 AM
- current affairs
Police removed 17 activists of a civil movement representing troubled forex mortgage holders who blocked a section of a street in central Budapest in a banned sit-down demonstration on Thursday morning, the police said on its website. The movement originally asked permission from the police to stage a demonstration with about 100-400 participants to demand the suspension of foreclosures and ...
Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
- business
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
Hungary’s Opposition “Lies” Justify Govt Information Campaign
- 10 Jul 2015 9:00 AM
- current affairs
Both the domestic and the international environment justify the government’s information campaign on the success of Hungary’s reforms, the government spokesman told public television M1. Zoltán Kovács suggested that the planned campaign was designed to counterbalance “sheer lies” by the opposition parties painting a dismal image of the country as “a terrible place where life is painful”.
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.
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungarian Government Is Not Happy About Building A Fence
- 19 Jun 2015 9:00 AM
- current affairs
The Government is not happy about building a fence along the Hungarian-Serbian border, but cannot wait; it must guarantee the security of the country, which includes the protection of its borders, János Lázár, the Minister heading the Prime Minister’s Office said at his press conference „Governmentinfo 13. What does the Government do and why?” held jointly with András Giró-Szász, State Secretary ...
Hungary Has “Growing Reputation In Brussels”
- 5 Jun 2015 9:00 AM
- current affairs
The reputation of Hungary’s government in European Union circles is “constantly growing”, Economy Minister Mihály Varga said after talks with a vice president of the European Commission. At a press conference held jointly with Valdis Dombrovskis, commissioner for the euro and social dialogue, Varga said that although there were disputes ongoing between Hungary and the EU, these issues mostly ...
Lázár: Migrants Rejected By EU Have No Place In Hungary
- 5 Jun 2015 9:00 AM
- current affairs
Asylum-seekers returned to Hungary from other European Union states “cannot stay” in the country, János Lázár, the minister heading the cabinet, said at his regular Thursday press conference. “We are working to expel them,” Lázár said, answering a question concerning migrants who entered Hungary and went on to other EU countries before being rejected by them and sent back to Hungary.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Police Remove FX Civil Movement Demonstrators In Central Budapest
- 23 Jul 2015 4:00 AM
- current affairs
Police removed 17 activists of a civil movement representing troubled forex mortgage holders who blocked a section of a street in central Budapest in a banned sit-down demonstration on Thursday morning, the police said on its website. The movement originally asked permission from the police to stage a demonstration with about 100-400 participants to demand the suspension of foreclosures and ...
Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
- business
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
Hungary’s Opposition “Lies” Justify Govt Information Campaign
- 10 Jul 2015 9:00 AM
- current affairs
Both the domestic and the international environment justify the government’s information campaign on the success of Hungary’s reforms, the government spokesman told public television M1. Zoltán Kovács suggested that the planned campaign was designed to counterbalance “sheer lies” by the opposition parties painting a dismal image of the country as “a terrible place where life is painful”.
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.
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungarian Government Is Not Happy About Building A Fence
- 19 Jun 2015 9:00 AM
- current affairs
The Government is not happy about building a fence along the Hungarian-Serbian border, but cannot wait; it must guarantee the security of the country, which includes the protection of its borders, János Lázár, the Minister heading the Prime Minister’s Office said at his press conference „Governmentinfo 13. What does the Government do and why?” held jointly with András Giró-Szász, State Secretary ...
Hungary Has “Growing Reputation In Brussels”
- 5 Jun 2015 9:00 AM
- current affairs
The reputation of Hungary’s government in European Union circles is “constantly growing”, Economy Minister Mihály Varga said after talks with a vice president of the European Commission. At a press conference held jointly with Valdis Dombrovskis, commissioner for the euro and social dialogue, Varga said that although there were disputes ongoing between Hungary and the EU, these issues mostly ...
Lázár: Migrants Rejected By EU Have No Place In Hungary
- 5 Jun 2015 9:00 AM
- current affairs
Asylum-seekers returned to Hungary from other European Union states “cannot stay” in the country, János Lázár, the minister heading the cabinet, said at his regular Thursday press conference. “We are working to expel them,” Lázár said, answering a question concerning migrants who entered Hungary and went on to other EU countries before being rejected by them and sent back to Hungary.