277 result(s) for euro currency
Varga: No Hurry To Adopt Euro In Hungary
- 25 Jul 2016 9:00 AM
- business
Hungary’s economy minister has said that there is no need to hurry to adopt the euro. Unless the level of development of the country’s economy reaches the European average, the move could be detrimental, he said. Mihály Varga said in an interview: “We can have the euro, but we won’t for the time being.”
Hungarian Socialists Dismiss Varga’s Comments As ‘Farcical’
- 20 Jul 2016 9:00 AM
- current affairs
The opposition Socialists dismissed Economy Minister Mihály Varga’s remarks on joining the euro as “farcical”, insisting that ruling Fidesz “aims to quit the European Union rather than adopt its currency”. The Socialists referred to Prime Minister Viktor Orbán as saying years ago that “there is life outside Europe”, and said that his ministers recently “made it clear that they want to drive ...
PM Orbán Calls On EU Member States To Reclaim Competences From Brussels In FAZ Article
- 13 Jul 2016 9:00 AM
- current affairs
In an article published in Monday’s edition of conservative German daily Frankfurter Allgemeine Zeitung, Prime Minister Viktor Orbán blamed the European Commission for the crisis which is affecting the European Union. Mr. Orbán calls on Member States to reclaim their spheres of competence from Brussels.
Orbán Accuses Brussels Of Causing Crisis
- 12 Jul 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán, in an interview to conservative German daily Frankfurter Allgemeine Zeitung, accused the European Commission of causing the crisis that plagues the European Union and called on member states to take power back from Brussels.
Christian Democrat Scorns Soros’s Migrant Proposals
- 4 Jul 2016 9:00 AM
- current affairs
Recent pro-migration proposals made by “currency speculator” George Soros at a hearing in Brussels would be bad for Hungarians, a co-ruling Christian Democrat lawmaker said. If Soros’s ideas were put into practice, a massive flow of migrants into the European Union and Hungary would result, István Hollik said.
Hungary To Refinance FX Debt Mainly With Forint Issues
- 30 Jan 2016 8:00 AM
- property
Hungary will refinance its maturing FX debt mainly with forint issues, but will also issue FX debt if necessary, the head of the Government Debt Management Agency (ÁKK) told journalists. György Barcza noted that the ÁKK’s issue plan for this year includes 1 billion euros in FX bonds to be subscribed by international investors.
Hungarian Parliamentary Speaker Kövér: EU Weaker Than Ever
- 28 Dec 2015 3:00 AM
- current affairs
The European Union has become weaker than ever in economic, military and political terms, Parliamentary Speaker László Kövér told daily Magyar Hírlap. Whereas Europe at the turn of the millennium was close to becoming a strong and independent community, it has since “proved a fiasco”: the euro has failed to become a global currency and it has not become a sovereign community in economic terms, he ...
Hungary Not At Risk, Says EBRD
- 21 Dec 2015 8:00 AM
- business
The European Bank for Reconstruction and Development has said that there is no risk in connection with Hungary as far as the bank is concerned, the daily Magyar Hírlap said. The bank has so far invested 2.7 billion euros in 170 projects in the country, Antal Nikoletti, member of the board representing Hungary at the London-based credit institution, noted. EBRD investments in Hungary are expected ...
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
Varga: No Hurry To Adopt Euro In Hungary
- 25 Jul 2016 9:00 AM
- business
Hungary’s economy minister has said that there is no need to hurry to adopt the euro. Unless the level of development of the country’s economy reaches the European average, the move could be detrimental, he said. Mihály Varga said in an interview: “We can have the euro, but we won’t for the time being.”
Hungarian Socialists Dismiss Varga’s Comments As ‘Farcical’
- 20 Jul 2016 9:00 AM
- current affairs
The opposition Socialists dismissed Economy Minister Mihály Varga’s remarks on joining the euro as “farcical”, insisting that ruling Fidesz “aims to quit the European Union rather than adopt its currency”. The Socialists referred to Prime Minister Viktor Orbán as saying years ago that “there is life outside Europe”, and said that his ministers recently “made it clear that they want to drive ...
PM Orbán Calls On EU Member States To Reclaim Competences From Brussels In FAZ Article
- 13 Jul 2016 9:00 AM
- current affairs
In an article published in Monday’s edition of conservative German daily Frankfurter Allgemeine Zeitung, Prime Minister Viktor Orbán blamed the European Commission for the crisis which is affecting the European Union. Mr. Orbán calls on Member States to reclaim their spheres of competence from Brussels.
Orbán Accuses Brussels Of Causing Crisis
- 12 Jul 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán, in an interview to conservative German daily Frankfurter Allgemeine Zeitung, accused the European Commission of causing the crisis that plagues the European Union and called on member states to take power back from Brussels.
Christian Democrat Scorns Soros’s Migrant Proposals
- 4 Jul 2016 9:00 AM
- current affairs
Recent pro-migration proposals made by “currency speculator” George Soros at a hearing in Brussels would be bad for Hungarians, a co-ruling Christian Democrat lawmaker said. If Soros’s ideas were put into practice, a massive flow of migrants into the European Union and Hungary would result, István Hollik said.
Hungary To Refinance FX Debt Mainly With Forint Issues
- 30 Jan 2016 8:00 AM
- property
Hungary will refinance its maturing FX debt mainly with forint issues, but will also issue FX debt if necessary, the head of the Government Debt Management Agency (ÁKK) told journalists. György Barcza noted that the ÁKK’s issue plan for this year includes 1 billion euros in FX bonds to be subscribed by international investors.
Hungarian Parliamentary Speaker Kövér: EU Weaker Than Ever
- 28 Dec 2015 3:00 AM
- current affairs
The European Union has become weaker than ever in economic, military and political terms, Parliamentary Speaker László Kövér told daily Magyar Hírlap. Whereas Europe at the turn of the millennium was close to becoming a strong and independent community, it has since “proved a fiasco”: the euro has failed to become a global currency and it has not become a sovereign community in economic terms, he ...
Hungary Not At Risk, Says EBRD
- 21 Dec 2015 8:00 AM
- business
The European Bank for Reconstruction and Development has said that there is no risk in connection with Hungary as far as the bank is concerned, the daily Magyar Hírlap said. The bank has so far invested 2.7 billion euros in 170 projects in the country, Antal Nikoletti, member of the board representing Hungary at the London-based credit institution, noted. EBRD investments in Hungary are expected ...
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.