277 result(s) for euro currency
Xpat Opinion: Euro And Forint Weaken
- 7 Jan 2015 8:00 AM
- business
As the Euro weakens against the US Dollar and the Forint nears its historical low against the Euro, a left-wing analysts calls on the government to change policy course. A conservative columnist blames the weakening of both currencies on external geopolitical and economic factors.
Hungarian Forint Continues To Weaken
- 6 Jan 2015 8:00 AM
- business
The forint weakened further on Monday, hitting Ft 320.83 per euro in the morning but returning to 318.25 in the afternoon. The daily low is only 1% off the all-time low against the euro of Ft 324.2. The forint sank to its lowest level against the dollar in 10 years at one point, trading at Ft 266.56.
Hungary’s PM Orbán Dismisses Speculation Over Fidesz Stability
- 29 Dec 2014 8:00 AM
- current affairs
In a pre-holiday interview to public television, Prime Minister Viktor Orbán played down speculation over disagreements between politicians of the ruling Fidesz party, saying that he did not believe they were serious and politics were not about personal differences but about the country and its people. He said there may be generational differences within the party.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
Hungarian Parliament Approves “Fair Banking” Law
- 26 Nov 2014 8:00 AM
- business
Parliament approved a law on “fair banking” and a separate legislation on converting forex loans into home currency. The former establishes strict conditions for unilateral changes to interest rates and fees, as well as requires banks to provide adequate information before loan contracts are signed.
Hungary’s PM Orbán: Europe In Spiritual Crisis
- 10 Nov 2014 8:00 AM
- current affairs
Europe is in a serious spiritual crisis because the community spends too much on welfare while its share in the global economy is shrinking, Prime Minister Viktor Orbán said in an interview published online by Germany’s Die Welt.
Hungary Repaid EUR 2bn To European Union
- 10 Nov 2014 8:00 AM
- business
An instalment of EUR 2bn, agreed upon in the loan agreement Hungary concluded with the European Commission in the autumn of 2008, was transferred at the end of October 2014 to the account of the European Union. Due to technical accounting issues, Hungary’s state debt is lower as of today.
Hungary’s Central Bank Ready To Provide Banks With Foreign Currency
- 8 Sep 2014 9:00 AM
- business
Hungary’s banks will need around 3 billion euros to offset their liabilities in connection with compensation to clients who took out loans in foreign currency, and the central bank is ready to provide forex funding to commercial lenders from its reserves, the bank’s deputy governor said.
Hungarian Socialists Criticise Banknote Revamp
- 4 Sep 2014 9:00 AM
- current affairs
The National Bank of Hungary (NBH) on Monday announced it would revamp the banknotes it issues in 2014-2018. The opposition Socialists interpreted the announcement as the government’s admission that it has dropped plans to introduce the euro in Hungary. Sándor Burány, Socialist head of parliament’s budget committee, told MTI that “the government prefers a weak forint, which increases the burden ...
Xpat Opinion: Euro And Forint Weaken
- 7 Jan 2015 8:00 AM
- business
As the Euro weakens against the US Dollar and the Forint nears its historical low against the Euro, a left-wing analysts calls on the government to change policy course. A conservative columnist blames the weakening of both currencies on external geopolitical and economic factors.
Hungarian Forint Continues To Weaken
- 6 Jan 2015 8:00 AM
- business
The forint weakened further on Monday, hitting Ft 320.83 per euro in the morning but returning to 318.25 in the afternoon. The daily low is only 1% off the all-time low against the euro of Ft 324.2. The forint sank to its lowest level against the dollar in 10 years at one point, trading at Ft 266.56.
Hungary’s PM Orbán Dismisses Speculation Over Fidesz Stability
- 29 Dec 2014 8:00 AM
- current affairs
In a pre-holiday interview to public television, Prime Minister Viktor Orbán played down speculation over disagreements between politicians of the ruling Fidesz party, saying that he did not believe they were serious and politics were not about personal differences but about the country and its people. He said there may be generational differences within the party.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
Hungarian Parliament Approves “Fair Banking” Law
- 26 Nov 2014 8:00 AM
- business
Parliament approved a law on “fair banking” and a separate legislation on converting forex loans into home currency. The former establishes strict conditions for unilateral changes to interest rates and fees, as well as requires banks to provide adequate information before loan contracts are signed.
Hungary’s PM Orbán: Europe In Spiritual Crisis
- 10 Nov 2014 8:00 AM
- current affairs
Europe is in a serious spiritual crisis because the community spends too much on welfare while its share in the global economy is shrinking, Prime Minister Viktor Orbán said in an interview published online by Germany’s Die Welt.
Hungary Repaid EUR 2bn To European Union
- 10 Nov 2014 8:00 AM
- business
An instalment of EUR 2bn, agreed upon in the loan agreement Hungary concluded with the European Commission in the autumn of 2008, was transferred at the end of October 2014 to the account of the European Union. Due to technical accounting issues, Hungary’s state debt is lower as of today.
Hungary’s Central Bank Ready To Provide Banks With Foreign Currency
- 8 Sep 2014 9:00 AM
- business
Hungary’s banks will need around 3 billion euros to offset their liabilities in connection with compensation to clients who took out loans in foreign currency, and the central bank is ready to provide forex funding to commercial lenders from its reserves, the bank’s deputy governor said.
Hungarian Socialists Criticise Banknote Revamp
- 4 Sep 2014 9:00 AM
- current affairs
The National Bank of Hungary (NBH) on Monday announced it would revamp the banknotes it issues in 2014-2018. The opposition Socialists interpreted the announcement as the government’s admission that it has dropped plans to introduce the euro in Hungary. Sándor Burány, Socialist head of parliament’s budget committee, told MTI that “the government prefers a weak forint, which increases the burden ...