155 result(s) for european currency
Hungarian Forint Joins CLS Multi-Currency Cash Settlement System
- 17 Nov 2015 8:00 AM
- business
Hungary’s forint has become part of the CLS (Continuous Linked Settlement) system that settles payment instructions relating to underlying FX transactions, the company (CLS Group - CLS) said. The Hungarian unit is the first central and eastern European currency to be added to the CLS settlement system, and the 18th overall, they said. “CLS ... has started settling payment instructions in the ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Inter-State Talks Regarding Belgrade-Budapest Railway Line Commenced
- 4 Sep 2015 9:18 AM
- getting around
Hungary has received the Chinese party’s financing offer relating to the Belgrade-Budapest railway line project, and negotiations on an inter-state agreement have also begun, Minister of Foreign Affairs and Trade Péter Szijjártó told the correspondent of the Hungarian News Agency MTI in Beijing, after his meeting with Chinese Foreign Minister Vang Yi late Wednesday evening, local time.
Opposition Parties In Hungary Criticise MNB
- 20 Jul 2015 9:00 AM
- current affairs
The opposition parties expect an explanation from the MNB which last week announced its purchase of the only Titian painting in Hunga-ry for Ft 4.5 billion. LMP said it is outrageous that the central bank has bought the painting Madonna and Child with St. Paul from profits gained by converting foreign-currency loans. The Democratic Coalition recalled that it had complained to the European ...
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 ...
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.
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.
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.
Hungarian Forint Joins CLS Multi-Currency Cash Settlement System
- 17 Nov 2015 8:00 AM
- business
Hungary’s forint has become part of the CLS (Continuous Linked Settlement) system that settles payment instructions relating to underlying FX transactions, the company (CLS Group - CLS) said. The Hungarian unit is the first central and eastern European currency to be added to the CLS settlement system, and the 18th overall, they said. “CLS ... has started settling payment instructions in the ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Inter-State Talks Regarding Belgrade-Budapest Railway Line Commenced
- 4 Sep 2015 9:18 AM
- getting around
Hungary has received the Chinese party’s financing offer relating to the Belgrade-Budapest railway line project, and negotiations on an inter-state agreement have also begun, Minister of Foreign Affairs and Trade Péter Szijjártó told the correspondent of the Hungarian News Agency MTI in Beijing, after his meeting with Chinese Foreign Minister Vang Yi late Wednesday evening, local time.
Opposition Parties In Hungary Criticise MNB
- 20 Jul 2015 9:00 AM
- current affairs
The opposition parties expect an explanation from the MNB which last week announced its purchase of the only Titian painting in Hunga-ry for Ft 4.5 billion. LMP said it is outrageous that the central bank has bought the painting Madonna and Child with St. Paul from profits gained by converting foreign-currency loans. The Democratic Coalition recalled that it had complained to the European ...
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 ...
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.
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.
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.