45 result(s) for european currency in Business
Hungary Not Ready For Euro, Lázár Says
- 15 Dec 2017 8:52 AM
- business
Hungary is not ready to adopt the euro, Prime Minister’s Office head János Lázár told reporters on Thursday.
Fitch Revises Outlook On Hungary ‘BBB-’ Rating To ‘Positive’
- 13 Nov 2017 12:30 AM
- business
Fitch Ratings revised the outlook on Hungary’s Long-Term Foreignand Local-Currency Issuer Default Ratings (IDR) to ‘positive’ from ‘stable’ and affirmed the IDRs at ‘BBB-’ in a scheduled review on Friday.
Forint Strengthens To Two Year Peak
- 24 Aug 2017 10:40 AM
- business
The forint strengthened to nearly Ft 302 per euro on Wednesday afternoon, hitting a two-year peak, Portfolio underlined. The performance of the forint is outstanding, because its regional peer the Polish zloty weakened 0.3% against the euro and the Czech crown also lost 0.1% against the European currency on Wednesday.
Official: ‘Genuine’ Convergence Is Criterion For Hungary’s Euro Adoption
- 7 Aug 2017 9:00 AM
- business
Hungary’s level of economic development needs to move close to that of euro zone countries before it can consider adopting the common currency, economy ministry state secretary András Tállai said in a written response to an opposition MP posted on the website of parliament.
Hungary Must Not Give Up Euro-Zone Aspirations, Says Varga
- 23 Jun 2017 8:40 AM
- business
Hungary’s economic policy cannot lose sight of its long-term goal to enable the country to eventually join the euro zone, the economy minister said on Thursday. Addressing a business lunch organised by the Joint Venture Alliance, Mihály Varga insisted at the same time that Hungary was in no rush to adopt the euro.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
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.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Matolcsy: National Bank of Hungary To Maintain Low Base Rate
- 9 Nov 2016 8:00 AM
- business
The National Bank of Hungary is likely to keep its base rate unchanged at 0.90 % even if other central banks start tightening, the bank’s governor György Matolcsy said in an interview to business daily Világgazdaság.
Hungary Not Ready For Euro, Lázár Says
- 15 Dec 2017 8:52 AM
- business
Hungary is not ready to adopt the euro, Prime Minister’s Office head János Lázár told reporters on Thursday.
Fitch Revises Outlook On Hungary ‘BBB-’ Rating To ‘Positive’
- 13 Nov 2017 12:30 AM
- business
Fitch Ratings revised the outlook on Hungary’s Long-Term Foreignand Local-Currency Issuer Default Ratings (IDR) to ‘positive’ from ‘stable’ and affirmed the IDRs at ‘BBB-’ in a scheduled review on Friday.
Forint Strengthens To Two Year Peak
- 24 Aug 2017 10:40 AM
- business
The forint strengthened to nearly Ft 302 per euro on Wednesday afternoon, hitting a two-year peak, Portfolio underlined. The performance of the forint is outstanding, because its regional peer the Polish zloty weakened 0.3% against the euro and the Czech crown also lost 0.1% against the European currency on Wednesday.
Official: ‘Genuine’ Convergence Is Criterion For Hungary’s Euro Adoption
- 7 Aug 2017 9:00 AM
- business
Hungary’s level of economic development needs to move close to that of euro zone countries before it can consider adopting the common currency, economy ministry state secretary András Tállai said in a written response to an opposition MP posted on the website of parliament.
Hungary Must Not Give Up Euro-Zone Aspirations, Says Varga
- 23 Jun 2017 8:40 AM
- business
Hungary’s economic policy cannot lose sight of its long-term goal to enable the country to eventually join the euro zone, the economy minister said on Thursday. Addressing a business lunch organised by the Joint Venture Alliance, Mihály Varga insisted at the same time that Hungary was in no rush to adopt the euro.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
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.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Matolcsy: National Bank of Hungary To Maintain Low Base Rate
- 9 Nov 2016 8:00 AM
- business
The National Bank of Hungary is likely to keep its base rate unchanged at 0.90 % even if other central banks start tightening, the bank’s governor György Matolcsy said in an interview to business daily Világgazdaság.