918 result(s) for debt
Xpat Opinion: IMF Credit For Hungary Not So Cheap After All?
- 12 Aug 2013 9:00 AM
- business
Heti Válasz argues that Hungary is actually not losing money by financing her deficit from the market, rather than from the IMF credit line.
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Hungary To Pay IMF Debt On Monday
- 9 Aug 2013 8:00 AM
- current affairs
State debt manager ÁKK will pay back the remainder of Hungary’s IMF loan by Monday, vice president László András Borbély said in a Thursday radio interview. The last instalment of €2.2 billion will be paid in three currencies, as requested by the IMF: euros, US dollars and British pounds.
CÖF To File Criminal Report On Banks In Hungary
- 7 Aug 2013 11:00 AM
- business
The pro-government Civil Unity Forum (CÖF) will file a criminal report against banks and the Bank Association, its president László Csizmadia announced on Tuesday. The declaration came after Csizmadia had talks at the Administration and Justice Ministry on solving the problems of foreign-currency mortgage debtors.
Xpat Opinion: Euro Over 300 HUF In Hungary
- 5 Aug 2013 9:00 AM
- business
Commentators across the political spectrum ponder the possible impact of the IMF loan repayment and the conversion of foreign currency-based mortgages into Forint credit.
Xpat Opinion: Hungarian National Bank To Be Involved In FX Mortgage Conversion?
- 1 Aug 2013 7:00 AM
- business
A conservative pundit warns against a selective conversion of loans denominated in foreign currencies. He proposes that the National Bank should step in and offer part of its foreign currency reserves to convert all FX household loans into Forint credits.
Hungarian Minister Talks With Advocacy Groups Re Foreign Currency Loans
- 1 Aug 2013 7:00 AM
- property
Minister for National Economy Mihály Varga met with representatives of the Civil Összefogás Fórum-Civil Összefogás Közhasznú Alapítvány (Civic Forum-Civic Union Public Benefit Foundation) earlier today in order to come to a compromise and a satisfying, solidarity-based solution with regard to the issue of foreign currency debtors in general and that of foreign currency mortgages in particular, ...
Xpat Opinion: IMF Packs Its Trunk In Hungary
- 1 Aug 2013 7:00 AM
- current affairs
A pro-government columnist welcomes PM Orbán’s decision to repay the IMF loan as soon as possible. The main left-wing daily, however, warns of the undesirable consequences of getting rid of the IMF. In his weekend speech in Transylvania Viktor Orbán announced that he had ordered Finance Minister Varga to repay the IMF loan by mid-August.
Hungary To Fully Repay IMF Loan By Mid-August
- 31 Jul 2013 9:02 AM
- business
On 15 July, Minister for National Economy Mihály Varga informed IMF Director Reza Moghadam in a letter that Hungary intends to fully repay the IMF loan provided for the country in 2008 ahead of schedule, by 12 August 2013. This option is only open for countries with sufficient fiscal reserves, a stable budgetary policy and positive investor sentiment indicators.
Xpat Opinion: IMF Credit For Hungary Not So Cheap After All?
- 12 Aug 2013 9:00 AM
- business
Heti Válasz argues that Hungary is actually not losing money by financing her deficit from the market, rather than from the IMF credit line.
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Hungary To Pay IMF Debt On Monday
- 9 Aug 2013 8:00 AM
- current affairs
State debt manager ÁKK will pay back the remainder of Hungary’s IMF loan by Monday, vice president László András Borbély said in a Thursday radio interview. The last instalment of €2.2 billion will be paid in three currencies, as requested by the IMF: euros, US dollars and British pounds.
CÖF To File Criminal Report On Banks In Hungary
- 7 Aug 2013 11:00 AM
- business
The pro-government Civil Unity Forum (CÖF) will file a criminal report against banks and the Bank Association, its president László Csizmadia announced on Tuesday. The declaration came after Csizmadia had talks at the Administration and Justice Ministry on solving the problems of foreign-currency mortgage debtors.
Xpat Opinion: Euro Over 300 HUF In Hungary
- 5 Aug 2013 9:00 AM
- business
Commentators across the political spectrum ponder the possible impact of the IMF loan repayment and the conversion of foreign currency-based mortgages into Forint credit.
Xpat Opinion: Hungarian National Bank To Be Involved In FX Mortgage Conversion?
- 1 Aug 2013 7:00 AM
- business
A conservative pundit warns against a selective conversion of loans denominated in foreign currencies. He proposes that the National Bank should step in and offer part of its foreign currency reserves to convert all FX household loans into Forint credits.
Hungarian Minister Talks With Advocacy Groups Re Foreign Currency Loans
- 1 Aug 2013 7:00 AM
- property
Minister for National Economy Mihály Varga met with representatives of the Civil Összefogás Fórum-Civil Összefogás Közhasznú Alapítvány (Civic Forum-Civic Union Public Benefit Foundation) earlier today in order to come to a compromise and a satisfying, solidarity-based solution with regard to the issue of foreign currency debtors in general and that of foreign currency mortgages in particular, ...
Xpat Opinion: IMF Packs Its Trunk In Hungary
- 1 Aug 2013 7:00 AM
- current affairs
A pro-government columnist welcomes PM Orbán’s decision to repay the IMF loan as soon as possible. The main left-wing daily, however, warns of the undesirable consequences of getting rid of the IMF. In his weekend speech in Transylvania Viktor Orbán announced that he had ordered Finance Minister Varga to repay the IMF loan by mid-August.
Hungary To Fully Repay IMF Loan By Mid-August
- 31 Jul 2013 9:02 AM
- business
On 15 July, Minister for National Economy Mihály Varga informed IMF Director Reza Moghadam in a letter that Hungary intends to fully repay the IMF loan provided for the country in 2008 ahead of schedule, by 12 August 2013. This option is only open for countries with sufficient fiscal reserves, a stable budgetary policy and positive investor sentiment indicators.