39 result(s) for euro zone in Business
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Varga: No Hurry To Adopt Euro
- 5 Aug 2016 9:00 AM
- business
Mihály Varga, the economy minister, said Hungary is in no hurry to adopt the euro and will not join the ERM-II system next year. In an interview to Figyelő he said adopting the euro in 2020 would be hasty from the economy’s point of view, adding that competitiveness must be improved first.
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.”
UK Ambassador To Hungary Says Main Goal To Intensify Business Ties
- 12 May 2016 9:00 AM
- business
Iain Lindsay, Britain’s ambassador to Hungary, told public television late on Tuesday that bilateral business relations should be boosted. Ties are strong, reflected by the fact that David Cameron, the prime minister, paid a visit in January, he said. But the task ahead is to make relations even stronger in the areas of cooperation within the European Union as well as in defence and security, he ...
Euronet ATMs Now Dispense Euro Banknotes Across Hungary
- 9 Dec 2015 8:00 AM
- business
Euronet announces the addition of euro cash withdrawal service at 200 of its independently deployed ATMs in Hungary. Euronet’s new service is unique in Hungarian market: customers now have the opportunity to withdraw both Hungarian forints and euros. Euro cash withdrawal combines the advantages of currency exchange at competitive rates with the availability and convenience of an ATM transaction.
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
- business
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
OECD Report On Hungarian Economic Policy Reforms
- 10 Feb 2015 8:00 AM
- business
Going for Growth, an annual study of the Organization for Economic Co-operation and Development (OECD), provides an analysis of the reforms put in place by each member country – among them Hungary – from the aspect of economic growth.
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Varga: No Hurry To Adopt Euro
- 5 Aug 2016 9:00 AM
- business
Mihály Varga, the economy minister, said Hungary is in no hurry to adopt the euro and will not join the ERM-II system next year. In an interview to Figyelő he said adopting the euro in 2020 would be hasty from the economy’s point of view, adding that competitiveness must be improved first.
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.”
UK Ambassador To Hungary Says Main Goal To Intensify Business Ties
- 12 May 2016 9:00 AM
- business
Iain Lindsay, Britain’s ambassador to Hungary, told public television late on Tuesday that bilateral business relations should be boosted. Ties are strong, reflected by the fact that David Cameron, the prime minister, paid a visit in January, he said. But the task ahead is to make relations even stronger in the areas of cooperation within the European Union as well as in defence and security, he ...
Euronet ATMs Now Dispense Euro Banknotes Across Hungary
- 9 Dec 2015 8:00 AM
- business
Euronet announces the addition of euro cash withdrawal service at 200 of its independently deployed ATMs in Hungary. Euronet’s new service is unique in Hungarian market: customers now have the opportunity to withdraw both Hungarian forints and euros. Euro cash withdrawal combines the advantages of currency exchange at competitive rates with the availability and convenience of an ATM transaction.
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
- business
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
OECD Report On Hungarian Economic Policy Reforms
- 10 Feb 2015 8:00 AM
- business
Going for Growth, an annual study of the Organization for Economic Co-operation and Development (OECD), provides an analysis of the reforms put in place by each member country – among them Hungary – from the aspect of economic growth.
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...