918 result(s) for debt
Hungary’s Banking Association Accepts “Unfair” Kúria Ruling
- 17 Jun 2014 9:00 AM
- business
Hungary’s Banking Association on Monday called “unfair” a decision by the Kúria concerning forex loan agreements, but said that it accepted the ruling. Levente Kovács, the association’s general secretary, insisted that including an exchange rate spread in foreign currency-denominated loan agreements was justified, and served to finance the “considerable cost of covering hard currency positions”.
Templeton Upbeat On Hungary
- 16 Jun 2014 9:00 AM
- current affairs
The results of Hungary’s strict budget policy can now be seen, for instance in the decline of the state debt, bond strategist Michael Hasenstab of fund manager Franklin Templeton declares in a video shot in Budapest last week at the River Danube.
Xpat Opinion: IMF & World Bank Reports Show A Hungary “Back On Track”
- 16 Jun 2014 9:00 AM
- current affairs
The International Monetary Fund and World Bank have recently released reports evaluating the Hungarian economy. The World Bank, as widely reported , predicts GDP to grow by 2.4 percent in 2014, while most saw as the key takeaway in the 68-page IMF country report (
Hungary’s Justice Minister Hopes Top Court’s Right To Budget Issues Will Be Restored
- 12 Jun 2014 6:00 AM
- current affairs
Justice Minister László Trócsányi said he would look into possibility of changing the law to restore the Constitutional Court’s power to rule on budget and tax related issues. In an interview with weekly Heti Válasz, he expressed the hope that the regulation stripping the top court of this power would be “withdrawn sooner or later”.
IMF: Hungary Economy Recovering But Shockprone
- 10 Jun 2014 9:00 AM
- business
Hungary’s economy is recovering but remains “susceptible to shocks”, an International Monetary Fund (IMF) staff report said on Friday. “The economy is recovering gradually, helped by supportive macroeconomic policies, favourable external conditions, and improved market confidence,” the IMF staff said, noting that this had supported Hungary’s financial stability during volatility in emerging ...
Fitch Ratings Affirms Hungary At BB+, Outlook Stable
- 10 Jun 2014 9:00 AM
- business
Fitch Ratings on Friday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with stable outlook, and its local currency rating at ‘BBB ’. Fitch said Hungary’s gross general government debt, at 79.2% of GDP in 2013, was around twice the ‘BB’ and ‘BBB’ medians and remained “Hungary’s key rating weakness”.
Roubini Sees Signs Of State Capitalism In Hungary
- 4 Jun 2014 9:00 AM
- current affairs
The Hungarian government’s policies show signs of state capitalism in certain areas, renowned economist Nouriel Roubini told a conference in Budapest on Tuesday. Roubini mentioned Hungary as an example of state capitalist tendencies in Central and Eastern Europe, where the role of the state increases to the detriment of market-oriented reforms.
Central Bank Official: Hungary May Get Better Ratings This Year
- 30 May 2014 9:00 AM
- business
It is expected that Hungary’s sovereign debt rating will be lifted this year, the central bank’s executive director said at a conference on Thursday. Dániel Palotai told Dow Jones that one of the three major credit rating agencies, which he did not name, had recognised the Hungarian economy was less vulnerable than before.
Bank Tax In Hungary To Stay At Least To 2016
- 28 May 2014 9:00 AM
- current affairs
There is no hope that the government will phase out its special bank tax before 2016, Bank Association president Levente Kovács told a Tuesday conference.
Hungary’s Banking Association Accepts “Unfair” Kúria Ruling
- 17 Jun 2014 9:00 AM
- business
Hungary’s Banking Association on Monday called “unfair” a decision by the Kúria concerning forex loan agreements, but said that it accepted the ruling. Levente Kovács, the association’s general secretary, insisted that including an exchange rate spread in foreign currency-denominated loan agreements was justified, and served to finance the “considerable cost of covering hard currency positions”.
Templeton Upbeat On Hungary
- 16 Jun 2014 9:00 AM
- current affairs
The results of Hungary’s strict budget policy can now be seen, for instance in the decline of the state debt, bond strategist Michael Hasenstab of fund manager Franklin Templeton declares in a video shot in Budapest last week at the River Danube.
Xpat Opinion: IMF & World Bank Reports Show A Hungary “Back On Track”
- 16 Jun 2014 9:00 AM
- current affairs
The International Monetary Fund and World Bank have recently released reports evaluating the Hungarian economy. The World Bank, as widely reported , predicts GDP to grow by 2.4 percent in 2014, while most saw as the key takeaway in the 68-page IMF country report (
Hungary’s Justice Minister Hopes Top Court’s Right To Budget Issues Will Be Restored
- 12 Jun 2014 6:00 AM
- current affairs
Justice Minister László Trócsányi said he would look into possibility of changing the law to restore the Constitutional Court’s power to rule on budget and tax related issues. In an interview with weekly Heti Válasz, he expressed the hope that the regulation stripping the top court of this power would be “withdrawn sooner or later”.
IMF: Hungary Economy Recovering But Shockprone
- 10 Jun 2014 9:00 AM
- business
Hungary’s economy is recovering but remains “susceptible to shocks”, an International Monetary Fund (IMF) staff report said on Friday. “The economy is recovering gradually, helped by supportive macroeconomic policies, favourable external conditions, and improved market confidence,” the IMF staff said, noting that this had supported Hungary’s financial stability during volatility in emerging ...
Fitch Ratings Affirms Hungary At BB+, Outlook Stable
- 10 Jun 2014 9:00 AM
- business
Fitch Ratings on Friday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with stable outlook, and its local currency rating at ‘BBB ’. Fitch said Hungary’s gross general government debt, at 79.2% of GDP in 2013, was around twice the ‘BB’ and ‘BBB’ medians and remained “Hungary’s key rating weakness”.
Roubini Sees Signs Of State Capitalism In Hungary
- 4 Jun 2014 9:00 AM
- current affairs
The Hungarian government’s policies show signs of state capitalism in certain areas, renowned economist Nouriel Roubini told a conference in Budapest on Tuesday. Roubini mentioned Hungary as an example of state capitalist tendencies in Central and Eastern Europe, where the role of the state increases to the detriment of market-oriented reforms.
Central Bank Official: Hungary May Get Better Ratings This Year
- 30 May 2014 9:00 AM
- business
It is expected that Hungary’s sovereign debt rating will be lifted this year, the central bank’s executive director said at a conference on Thursday. Dániel Palotai told Dow Jones that one of the three major credit rating agencies, which he did not name, had recognised the Hungarian economy was less vulnerable than before.
Bank Tax In Hungary To Stay At Least To 2016
- 28 May 2014 9:00 AM
- current affairs
There is no hope that the government will phase out its special bank tax before 2016, Bank Association president Levente Kovács told a Tuesday conference.