918 result(s) for debt
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungarian Lenders May Have To Take A Hit On FX Car Loans
- 22 Aug 2014 9:00 AM
- shopping
Consumers who borrowed in foreign currencies in order to purchase cars should be also be helped out, as the Kúria also declared their contracts to be unfair, PMO Minister János Lázár told tabloid Blikk in an interview.
Hungarians Freedom Fighters Say PM Orbán
- 21 Aug 2014 9:00 AM
- current affairs
Hungarians are freedom fighters who only feel good if they live in an “order of freedom”, Prime Minister Viktor Orbán said near Sopron on Tuesday. Addressing a commemoration, Orbán said the level of freedom has indisputably improved over the past 25 years and in this respect the democratic transition has earned top marks.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hungary Central Bank Buys Luxury Residence To Support ‘Corporate Social Responsibility’
- 14 Aug 2014 9:00 AM
- property
The Hungary Central Bank (MNB, pictured) has bought a historic castle on the banks of the Tisza river as part of its corporate social responsibility strategy. The bank argues that it is trying to support its payroll of over one thousand employees by providing them with fringe benefits and welfare services.
Video Article: Hungary's PM Speech: The Era Of Welfare States Is Over
- 8 Aug 2014 9:00 AM
- current affairs
At the Bálványos Summer Free University and Student Camp, Prime Minister Viktor Orbán declared that liberalism is a system of ideals that has a tangible power for social organisation. If people want to change what they don’t like in the world, they must come forward with a similarly mature system of ideals, he added.
Hostile Reaction By Hungary’s Ruling Party Fidesz To ECB
- 7 Aug 2014 9:00 AM
- current affairs
The opinion expressed by the European Central Bank (ECB) on Tuesday on Hungary’s new law on foreign currency loans is another way of exerting pressure on Hungary, ultimately coming from foreign-owned banks, Fidesz said in a statement issued Wednesday evening.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungarian Lenders May Have To Take A Hit On FX Car Loans
- 22 Aug 2014 9:00 AM
- shopping
Consumers who borrowed in foreign currencies in order to purchase cars should be also be helped out, as the Kúria also declared their contracts to be unfair, PMO Minister János Lázár told tabloid Blikk in an interview.
Hungarians Freedom Fighters Say PM Orbán
- 21 Aug 2014 9:00 AM
- current affairs
Hungarians are freedom fighters who only feel good if they live in an “order of freedom”, Prime Minister Viktor Orbán said near Sopron on Tuesday. Addressing a commemoration, Orbán said the level of freedom has indisputably improved over the past 25 years and in this respect the democratic transition has earned top marks.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hungary Central Bank Buys Luxury Residence To Support ‘Corporate Social Responsibility’
- 14 Aug 2014 9:00 AM
- property
The Hungary Central Bank (MNB, pictured) has bought a historic castle on the banks of the Tisza river as part of its corporate social responsibility strategy. The bank argues that it is trying to support its payroll of over one thousand employees by providing them with fringe benefits and welfare services.
Video Article: Hungary's PM Speech: The Era Of Welfare States Is Over
- 8 Aug 2014 9:00 AM
- current affairs
At the Bálványos Summer Free University and Student Camp, Prime Minister Viktor Orbán declared that liberalism is a system of ideals that has a tangible power for social organisation. If people want to change what they don’t like in the world, they must come forward with a similarly mature system of ideals, he added.
Hostile Reaction By Hungary’s Ruling Party Fidesz To ECB
- 7 Aug 2014 9:00 AM
- current affairs
The opinion expressed by the European Central Bank (ECB) on Tuesday on Hungary’s new law on foreign currency loans is another way of exerting pressure on Hungary, ultimately coming from foreign-owned banks, Fidesz said in a statement issued Wednesday evening.