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8 result(s) for epidemic crisis in Finance

Hungary Running Disciplined Budget, Says Finance Minister

Hungary Running Disciplined Budget, Says Finance Minister

Hungary’s government is running a disciplined, tight budget, Mihály Varga, the finance minister, said in an interview to public radio on Sunday, noting that it boosted reserves at the end of last year and rescheduled investments this year.
Public Debt Set to Decline, Says Hungarian Finance Minister

Public Debt Set to Decline, Says Hungarian Finance Minister

Finance Minister Mihály Varga, said there is a high chance that Hungary’s public debt may be put back on a declining path.
Budapest Municipality Owns HUF 135 Billion In State Bonds

Budapest Municipality Owns HUF 135 Billion In State Bonds

The Budapest municipality owns 135 billion forints (EUR 377.2m) in bonds and more than 27 billion in cash, according to the city council’s balance sheet report submitted on July 20, the Hungarian State Treasury said.
Analyst: After Hungary’s Downturn, Major Growth Expected Next Year

Analyst: After Hungary’s Downturn, Major Growth Expected Next Year

Századvég analyst Gábor Regős reckons Hungary’s economy will contract by almost 3% this year before picking up to 5% in 2021.
Hungarian National Bank Suddenly Cuts Base Rate After Four Years

Hungarian National Bank Suddenly Cuts Base Rate After Four Years

Contrary to all forecasts, the MNB’s monetary council cut the base rate for the first time in four years yesterday, from 0.9% to 0.75%.
Budapest Mayor & Opposition Lambast Government Budget Bill

Budapest Mayor & Opposition Lambast Government Budget Bill

The government’s 2021 budget bill would “extremely seriously” impact not only local governments but local communities, too, Budapest Mayor Gergely Karácsony said, adding that the budget was “against the interests of the nation”.
Hungary’s Central Bank Deputy Leader Calls For Increased Lending

Hungary’s Central Bank Deputy Leader Calls For Increased Lending

Increasing lending is “the only reasonable move” banks could take amid the coronavirus epidemic, Márton Nagy, deputy governor of the central bank, told an online conference.
Hungary Orders Loans Relief

Hungary Orders Loans Relief

The government is forgiving certain loan repayments this year, including those on baby bonds and student loans, due to the novel coronavirus epidemic, the head of the Prime Minister’s Office said.
Hungary Running Disciplined Budget, Says Finance Minister

Hungary Running Disciplined Budget, Says Finance Minister

Hungary’s government is running a disciplined, tight budget, Mihály Varga, the finance minister, said in an interview to public radio on Sunday, noting that it boosted reserves at the end of last year and rescheduled investments this year.
Public Debt Set to Decline, Says Hungarian Finance Minister

Public Debt Set to Decline, Says Hungarian Finance Minister

Finance Minister Mihály Varga, said there is a high chance that Hungary’s public debt may be put back on a declining path.
Budapest Municipality Owns HUF 135 Billion In State Bonds

Budapest Municipality Owns HUF 135 Billion In State Bonds

The Budapest municipality owns 135 billion forints (EUR 377.2m) in bonds and more than 27 billion in cash, according to the city council’s balance sheet report submitted on July 20, the Hungarian State Treasury said.
Analyst: After Hungary’s Downturn, Major Growth Expected Next Year

Analyst: After Hungary’s Downturn, Major Growth Expected Next Year

Századvég analyst Gábor Regős reckons Hungary’s economy will contract by almost 3% this year before picking up to 5% in 2021.
Hungarian National Bank Suddenly Cuts Base Rate After Four Years

Hungarian National Bank Suddenly Cuts Base Rate After Four Years

Contrary to all forecasts, the MNB’s monetary council cut the base rate for the first time in four years yesterday, from 0.9% to 0.75%.
Budapest Mayor & Opposition Lambast Government Budget Bill

Budapest Mayor & Opposition Lambast Government Budget Bill

The government’s 2021 budget bill would “extremely seriously” impact not only local governments but local communities, too, Budapest Mayor Gergely Karácsony said, adding that the budget was “against the interests of the nation”.
Hungary’s Central Bank Deputy Leader Calls For Increased Lending

Hungary’s Central Bank Deputy Leader Calls For Increased Lending

Increasing lending is “the only reasonable move” banks could take amid the coronavirus epidemic, Márton Nagy, deputy governor of the central bank, told an online conference.
Hungary Orders Loans Relief

Hungary Orders Loans Relief

The government is forgiving certain loan repayments this year, including those on baby bonds and student loans, due to the novel coronavirus epidemic, the head of the Prime Minister’s Office said.