48 result(s) for developments in Finance
Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding
- 18 May 2023 7:06 AM
- hungarymatters.hu
- finance
The delegation of the European Parliament’s Committee on Budgetary Control called on the Hungarian government to act more responsibly in distributing EU funds, include regional authorities in decision-making instead of a “top-down” approach and meet the criteria required for releasing the funds withheld from Hungary, the head of the delegation told a press conference.
China Construction Bank Opens Branch in Hungary
- 21 Apr 2023 8:40 AM
- hungarymatters.hu
- finance
China Construction Bank (CCB), the world’s second biggest bank by assets, opened a branch in Hungary.
Central Bank in Hungary Leaves Base Rate Unchanged at 13%
- 29 Mar 2023 12:09 PM
- hungarymatters.hu
- finance
Hungarian central bank rate-setters left the base rate of 13% unchanged at a regular policy meeting.
Economic Growth Expected to Continue in Hungary
- 10 Mar 2023 8:43 AM
- hungarymatters.hu
- finance
The government expects economic growth to continue in the next twelve to eighteen months, exceeding 4% in 2024, while state debt and government budget deficit will fall, Finance Minister Mihály Varga said at an event of the Chamber of Commerce and Industry.
Base Rate Raised Again by Central Bank in Hungary - Extraordinary Measures Explained
- 27 Jul 2022 11:35 AM
- hungarymatters.hu
- finance
NBH rate-setters raised the base rate by 100 basis points to 10.75% this Tuesday. The Monetary Council had raised the base rate by 200 basis points to 9.75% just two weeks earlier, taking the extraordinary measure at a non-rate-setting meeting to keep the key rate in tandem with the one-week deposit rate.
Forint Strengthens After New Base Rate Hike Up to 9.75%
- 13 Jul 2022 10:52 AM
- hungarymatters.hu
- finance
The forint strengthened to around 410.30 to the euro shortly after the central bank raised the base rate by 200 basis points on Tuesday.
Budapest Assembly Votes to Take Out HUF 32 Billion Loan
- 30 Jun 2022 11:45 AM
- hungarymatters.hu
- finance
The Budapest Assembly on Wednesday voted to take out a 32 billion forint (EUR 80.1m) development loan.
80% of Inflation in Hungary Due to Global Factors, Says Minister of Economic Development
- 16 Jun 2022 6:38 AM
- hungarymatters.hu
- finance
Global factors such as rising energy and grain prices account for 80% of Hungarian inflation, Márton Nagy, the minister of economic development, said in a newspaper interview published on Wednesday.
Central Bank Raises Base Rate by 50 Basis Points in Hungary
- 1 Jun 2022 10:43 AM
- hungarymatters.hu
- finance
Hungarian rate-setters raised the central bank’s (NBH) base rate by 50 basis points to 5.90% at their regular policy meeting on Tuesday. The Monetary Council also expanded the two sides of the interest rate corridor by the same ratio.
Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding
- 18 May 2023 7:06 AM
- hungarymatters.hu
- finance
The delegation of the European Parliament’s Committee on Budgetary Control called on the Hungarian government to act more responsibly in distributing EU funds, include regional authorities in decision-making instead of a “top-down” approach and meet the criteria required for releasing the funds withheld from Hungary, the head of the delegation told a press conference.
China Construction Bank Opens Branch in Hungary
- 21 Apr 2023 8:40 AM
- hungarymatters.hu
- finance
China Construction Bank (CCB), the world’s second biggest bank by assets, opened a branch in Hungary.
Central Bank in Hungary Leaves Base Rate Unchanged at 13%
- 29 Mar 2023 12:09 PM
- hungarymatters.hu
- finance
Hungarian central bank rate-setters left the base rate of 13% unchanged at a regular policy meeting.
Economic Growth Expected to Continue in Hungary
- 10 Mar 2023 8:43 AM
- hungarymatters.hu
- finance
The government expects economic growth to continue in the next twelve to eighteen months, exceeding 4% in 2024, while state debt and government budget deficit will fall, Finance Minister Mihály Varga said at an event of the Chamber of Commerce and Industry.
Base Rate Raised Again by Central Bank in Hungary - Extraordinary Measures Explained
- 27 Jul 2022 11:35 AM
- hungarymatters.hu
- finance
NBH rate-setters raised the base rate by 100 basis points to 10.75% this Tuesday. The Monetary Council had raised the base rate by 200 basis points to 9.75% just two weeks earlier, taking the extraordinary measure at a non-rate-setting meeting to keep the key rate in tandem with the one-week deposit rate.
Forint Strengthens After New Base Rate Hike Up to 9.75%
- 13 Jul 2022 10:52 AM
- hungarymatters.hu
- finance
The forint strengthened to around 410.30 to the euro shortly after the central bank raised the base rate by 200 basis points on Tuesday.
Budapest Assembly Votes to Take Out HUF 32 Billion Loan
- 30 Jun 2022 11:45 AM
- hungarymatters.hu
- finance
The Budapest Assembly on Wednesday voted to take out a 32 billion forint (EUR 80.1m) development loan.
80% of Inflation in Hungary Due to Global Factors, Says Minister of Economic Development
- 16 Jun 2022 6:38 AM
- hungarymatters.hu
- finance
Global factors such as rising energy and grain prices account for 80% of Hungarian inflation, Márton Nagy, the minister of economic development, said in a newspaper interview published on Wednesday.
Central Bank Raises Base Rate by 50 Basis Points in Hungary
- 1 Jun 2022 10:43 AM
- hungarymatters.hu
- finance
Hungarian rate-setters raised the central bank’s (NBH) base rate by 50 basis points to 5.90% at their regular policy meeting on Tuesday. The Monetary Council also expanded the two sides of the interest rate corridor by the same ratio.