280 result(s) for euro currency
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
PM: Hungary Is An Open And Friendly Country
- 10 Jun 2015 9:00 AM
- current affairs
In Budapest on Tuesday, at the annual general assembly of the Union of Arab Banks, Prime Minister Viktor Orbán said that Hungary is an open and friendly country where there are no obstacles to investment. Foreign investors create jobs in Hungary, and for this reason they are our friends, the Prime Minister said.
Telegraph: Budapest The Cheapest City For Alcoholic Drinks
- 4 Jun 2015 11:30 AM
- shopping
According to British newspaper The Telegraph, Budapest is the cheapest place in Europe for drinks, according to UK Post Office research. The analysts examined the prices of 10 different drinks (wine, beers, cocktails), in popular tourist destinations. According to the results, drinks cost half as much in Budapest as in places like Amsterdam or Ibiza. In the Hungarian capital you can buy a glass ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
PM Orbán: Hungary Will Not Join Eurozone In Coming Decades
- 4 Jun 2015 9:00 AM
- current affairs
Hungarian PM Viktor Orbán confirmed in an interview to Napi Gazdaság daily that Hungary has no intention to join the eurozone. Asked about the possible introduction of the euro, Orbán said the eurozone had come off badly as a result of the 2008 economic crisis, and a similar financial crisis could emerge at any time.
Hungary’s Opposition Demands Answers From Fidesz On Suspected Election Graft
- 23 Feb 2015 8:00 AM
- current affairs
Opposition parties have demanded that ruling Fidesz gives answers in connection with a “secret campaign team” and the former head of the party’s youth arm who stands accused of handling counterfeit euro notes. Radical nationalist party Jobbik demanded to know what role Áron Veress, the one-time leader of Fidelitas, played in the campaign team and which election lists he handled, as well as the ...
Hungarian Forint Soars Against Euro
- 23 Jan 2015 8:00 AM
- business
The forint was trading at 312.72 to the euro late Thursday on the interbank forex market, up from 315.31 late Wednesday. It hit an alltime low at 327.62 last Thursday. The Hungarian currency got a boost from a falling euro against the dollar after the ECB announced an extended asset purchase programme comprising sovereign euro area debt.
Measures On FX Loans Save Hungary HUF 1TR, Says Varga
- 22 Jan 2015 8:00 AM
- business
The government’s measures to shield foreign currency loan-holders have saved Hungary a total of around 1,000 billion forints, the economy minister said. Mihály Varga told public television M1 that since the majority of FX mortgages were denominated in Swiss franc, special attention had been placed on the fluctuation of the currency against the forint.
Rogán: Hungary Would Suffer If It Replaced Forint With Euro
- 20 Jan 2015 8:00 AM
- business
Hungary is likely to have fulfilled the preconditions for adopting the euro by 2020 but it would only be worth contemplating replacing the forint if it appeared that the country would benefit from such a move, Antal Rogán, parliamentary group leader of the ruling Fidesz party, told journalists. In a recent interview to Magyar Hírlap daily, Rogán said that the Hungarian economy would be in a fit ...
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
PM: Hungary Is An Open And Friendly Country
- 10 Jun 2015 9:00 AM
- current affairs
In Budapest on Tuesday, at the annual general assembly of the Union of Arab Banks, Prime Minister Viktor Orbán said that Hungary is an open and friendly country where there are no obstacles to investment. Foreign investors create jobs in Hungary, and for this reason they are our friends, the Prime Minister said.
Telegraph: Budapest The Cheapest City For Alcoholic Drinks
- 4 Jun 2015 11:30 AM
- shopping
According to British newspaper The Telegraph, Budapest is the cheapest place in Europe for drinks, according to UK Post Office research. The analysts examined the prices of 10 different drinks (wine, beers, cocktails), in popular tourist destinations. According to the results, drinks cost half as much in Budapest as in places like Amsterdam or Ibiza. In the Hungarian capital you can buy a glass ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
PM Orbán: Hungary Will Not Join Eurozone In Coming Decades
- 4 Jun 2015 9:00 AM
- current affairs
Hungarian PM Viktor Orbán confirmed in an interview to Napi Gazdaság daily that Hungary has no intention to join the eurozone. Asked about the possible introduction of the euro, Orbán said the eurozone had come off badly as a result of the 2008 economic crisis, and a similar financial crisis could emerge at any time.
Hungary’s Opposition Demands Answers From Fidesz On Suspected Election Graft
- 23 Feb 2015 8:00 AM
- current affairs
Opposition parties have demanded that ruling Fidesz gives answers in connection with a “secret campaign team” and the former head of the party’s youth arm who stands accused of handling counterfeit euro notes. Radical nationalist party Jobbik demanded to know what role Áron Veress, the one-time leader of Fidelitas, played in the campaign team and which election lists he handled, as well as the ...
Hungarian Forint Soars Against Euro
- 23 Jan 2015 8:00 AM
- business
The forint was trading at 312.72 to the euro late Thursday on the interbank forex market, up from 315.31 late Wednesday. It hit an alltime low at 327.62 last Thursday. The Hungarian currency got a boost from a falling euro against the dollar after the ECB announced an extended asset purchase programme comprising sovereign euro area debt.
Measures On FX Loans Save Hungary HUF 1TR, Says Varga
- 22 Jan 2015 8:00 AM
- business
The government’s measures to shield foreign currency loan-holders have saved Hungary a total of around 1,000 billion forints, the economy minister said. Mihály Varga told public television M1 that since the majority of FX mortgages were denominated in Swiss franc, special attention had been placed on the fluctuation of the currency against the forint.
Rogán: Hungary Would Suffer If It Replaced Forint With Euro
- 20 Jan 2015 8:00 AM
- business
Hungary is likely to have fulfilled the preconditions for adopting the euro by 2020 but it would only be worth contemplating replacing the forint if it appeared that the country would benefit from such a move, Antal Rogán, parliamentary group leader of the ruling Fidesz party, told journalists. In a recent interview to Magyar Hírlap daily, Rogán said that the Hungarian economy would be in a fit ...